ELFA names top 10 equipment acquisition trends for 2022
January 11, 2022
Continued equipment shortages and inflation seen as challenges, but positives include high demand for materials handling equipment
Loftware acquires PRISYM ID
January 11, 2022
Adds clinical trials labeling and regulated content management to Cloud-based platform
Drone solution provider Verity gains recognition from Swiss cleantech program
January 7, 2022
Verity AG awarded a financial guarantee from the Technology Fund, a program of the Swiss Government’s climate strategy that supports promising cleantech ventures
LiftOne acquires Atlanta operations from Briggs Equipment
January 6, 2022
Acquisition expands LiftOne representation of the Hyster and Yale lift truck brands to major metropolitan market
Fortna increases investment in Science and Technology Center for Innovation
January 6, 2022
Based on algorithms and research, Fortna's center is digital- and solutions-research based, rather than a physical building, though it will use digital twin tools to model and simulate processes for operations
Services economy ends 2021 on the right side of growth, reports ISM
January 6, 2022
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 62.0 (a reading of 50 Or Higher Signals Growth)—fell 7.1% compared to November’s all-time high reading of 69.1. The Services PMI grew for the 18th consecutive month, with services sector growth intact for 141 of the last 143 months through December.
Hy-Tek Holdings acquires Advanced Handling Systems
January 5, 2022
AHS is a material handling automation integrator with expertise in multiple types of systems, with a focus on robotics solutions.
Orion Energy Systems acquires service provider Stay-Lite Lighting
January 5, 2022
Addition of business to accelerate the growth of Orion Maintenance Services
Manufacturing ends 2021 with sequential decline but remains on a growth track
January 4, 2022
In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 58.7 (a reading of 50 or higher indicates growth), down 2.4% compared to November. This marks the 19th consecutive month of growth, at a slower rate, coupled with December also representing the 19th consecutive month of growth for the overall economy.
Platinum Equity completes acquisition of Pelican Products
January 4, 2022
Pelican is known for its high-performance protective cases, as well as line of temperature-controlled supply chain solutions for the healthcare industry
Motion completes acquisition of Kaman Distribution Group
January 4, 2022
Move seen as expanding Motion's leadership position as a provider and distributor of industrial products and MRO parts
IDC top predictions include trend toward AI-driven supply chain forecasting
January 3, 2022
IDC research makes the case for supply chain forecasts driven by artificial intelligence (AI) capabilities, to achieve better accuracy.
Comar expands packaging portfolio with Omega Packaging acquisition
December 29, 2021
Omega Packaging's line of child-resistant (CR) closures and precision mold-building capabilities seen as advancing Comar's strategy to serve healthcare customers
HAI ROBOTICS celebrates 5th anniversary
December 28, 2021
Global provider of case handling mobile robotic solution also gets AI Unicorn nomination by Hurun Report
Mastercard research: U.S. retail sales grew 8.5% this holiday season
December 27, 2021
Data excludes auto sales, but sees online sales up by 11% over last year, and reaching nearly 21% of total retail holiday sales.
GE Appliances announces plan to invest $118 million at its Roper plant in Georgia
December 22, 2021
GE Appliances continues to grow in Georgia, with plans to add 600 new jobs
Rutgers University awarded 2021 Mark C. Garvey Scholarship
December 22, 2021
Packaging industry education honor from PMMI Foundation, in cooperation with the Garvey Corporation
ELFA index for November sees month-to-month dip, with year-over year rise
December 22, 2021
November new business volume up 8 % year-over-year, down 26 % month-to-month, and up 10 % year-to-date
F4SS announces new partnership with PMMI
December 21, 2021
Effective January 2022, PMMI will provide management support for F4SS adding to its portfolio of Association Partners that includes The Cold Pressure Council, CPA, The Association of Contract Packagers and Manufacturers, The Institute of Packaging Professionals (IoPP) and OMAC, The Organization for Machine Automation and Control.
Panjiva: November data reflects strong shipment and import growth for year
December 21, 2021
Total November U.S.-bound containerized freight imports, at 2,854,305 Twenty-Foot Equivalent Units (TEUs), were down 4.7% compared to October’s record level, and up 6.3% annually. Additionally, through the first 11 months of 2021, imports are up 19.6% annually.