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NSF Becomes Preferred Certification Body For Xometry’s Thomasnet® Industrial Sourcing Platform
Globenewswire· 2025-05-29 12:03
Core Insights - NSF has become the preferred certification body for Xometry's Thomasnet, enabling suppliers to earn certifications from NSF's extensive portfolio [1][9] - The collaboration aims to enhance supply chain resilience and flexibility for manufacturers amid ongoing supply chain pressures [2][9] - Thomasnet connects over 500,000 suppliers across the US and Canada, serving diverse industrial sectors and facilitating connections between buyers and suppliers [4][6] Industry Impact - The agreement highlights the increasing importance of supplier certifications in manufacturing, industrial, and B2B sectors, particularly in the context of supply chain disruptions [2][3] - NSF's certifications cover a wide range of globally recognized standards, including ISO 9001, IATF 16949, AS9100, and others, which are critical for maintaining quality and safety in various industries [2][5] - The partnership will promote NSF certifications as essential tools for American manufacturers to grow their businesses and strengthen domestic sourcing strategies [2][9] Company Overview - NSF has over 40,000 clients in 110 countries and has been dedicated to improving public health and safety for more than 80 years [5] - Xometry's AI-powered marketplace and Thomasnet platform are digitizing the manufacturing industry, providing resources for manufacturers to grow and enabling buyers to access instant pricing and lead times [6][4] - The collaboration will also focus on promoting certifications like Cybersecurity Maturity Model Certification (CMMC), which is increasingly required for U.S. Department of Defense contracts [9]
Cognex Appoints Greer Aviv as Head of Investor Relations
Prnewswire· 2025-05-29 10:00
Core Insights - Cognex Corporation has appointed Greer Aviv as the new Head of Investor Relations, effective June 2, 2025, to enhance its investor relations strategy and communications [1][2] - Ms. Aviv will serve as the primary liaison between Cognex and the investment community, focusing on articulating the company's vision, financial performance, and strategic direction [2][4] - Greer Aviv brings extensive experience in finance and communications, having previously held senior roles in investor relations at Cyxtera Technologies, Iron Mountain, CoreSite, and Arrow Electronics [3][4] Company Overview - Cognex Corporation has been a leader in industrial machine vision for over 40 years, providing advanced technology that enhances manufacturing and distribution efficiency through automation [5][6] - The company focuses on AI-driven solutions that improve quality and maximize efficiency in factories and warehouses, making advanced machine vision tools more accessible [6] - Cognex is headquartered near Boston, USA, and operates in over 30 countries, serving more than 30,000 customers globally [6]
AIP Realty Trust Announces First Quarter 2024 Results
Globenewswire· 2025-05-28 22:10
VANCOUVER, British Columbia, May 28, 2025 (GLOBE NEWSWIRE) -- AIP Realty Trust (the “Trust” or “AIP Realty”) (TSXV:AIP.U) today announced its financial results for the three months ended March 31, 2025. All dollar amounts are stated in U.S. dollars. Q1 2025 Highlights The demand for light industrial flex facilities is continuing to drive rental rate increases, and the Eagle Court property is demonstrating robust leasing momentum. While the Trust aims to minimize vacancies and has been successful in this end ...
Plymouth Industrial REIT Expands Portfolio in Atlanta
Globenewswire· 2025-05-28 20:15
Core Viewpoint - Plymouth Industrial REIT, Inc. has successfully acquired a 100,420-square-foot warehouse facility in Atlanta for $11.7 million, with an initial net operating income yield of 6.95% [1][2]. Acquisition Details - The newly acquired property is fully leased until May 2030 to a leading consumer self-care products provider, featuring a triple net lease with 3.0% annual rent escalations [2]. - The facility, built in 2014, includes modern features such as tilt-wall construction, 30-foot clear heights, and full climate control, which are essential for the tenant's operations [3]. Portfolio Expansion - This acquisition enhances the Company's existing portfolio in Peachtree City, bringing its total footprint in the Atlanta market to 15 buildings, totaling approximately 2.5 million square feet [3]. Strategic Insights - The CEO of Plymouth Industrial REIT emphasized the focus on identifying accretive opportunities in core markets, targeting well-located industrial assets at discounts to replacement costs, which are expected to yield attractive risk-adjusted returns [4].
Greif (GEF) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-05-28 15:01
The market expects Greif (GEF) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended April 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on June ...
Cemtrex, Inc. Announces Pricing of $1.25 Million Underwritten Public Offering
Globenewswire· 2025-05-28 12:00
Core Viewpoint - Cemtrex, Inc. has announced a public offering of common stock expected to raise approximately $1.25 million before expenses [1][3]. Group 1: Offering Details - The offering consists of 1,250,000 shares of common stock priced at $1.00 per share [2]. - Aegis Capital Corp. has been granted a 45-day option to purchase up to 15% additional shares to cover over-allotments [2]. - The transaction is expected to close on or about May 29, 2025, subject to customary closing conditions [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, paying down indebtedness, and working capital [3]. Group 3: Company Overview - Cemtrex, Inc. operates in the Security and Industrial sectors, providing advanced security technology and industrial services [7]. - The Security segment, led by Vicon Industries, offers video management software and integrated surveillance solutions [7]. - The Industrial segment provides expert rigging, millwrighting, and equipment installation services to manufacturers [7].
HONEYWELL APPOINTS MARC STEINBERG TO BOARD OF DIRECTORS
Prnewswire· 2025-05-28 11:00
About Honeywell CHARLOTTE, N.C., May 28, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced today that its Board of Directors has elected Marc Steinberg, a Partner at Elliott Investment Management, L.P., to its Board of Directors as an independent Director and Audit Committee member, effective May 31, 2025. As a Partner at Elliott, Steinberg is responsible for public and private equity investments across a range of industries, including the industrials sector. Prior to joining Elliott in 2015, he worked ...
中控技术:布局工业AI 为人形机器人注入工业灵魂
Core Viewpoint - The company is accelerating its strategic transformation towards becoming an industrial AI company, enhancing its global presence, and entering the humanoid robot market [1][4]. Financial Performance - In the previous year, the company achieved a revenue of 9.139 billion yuan, a year-on-year increase of approximately 6%, and a net profit attributable to shareholders of 1.117 billion yuan, up 1.38% year-on-year [1]. - Excluding the impact of GDR foreign exchange gains and losses, the net profit attributable to shareholders was 1.092 billion yuan, representing a year-on-year growth of 9.60% [1]. Strategic Initiatives - The year 2025 is identified as a critical period for the company's strategic shift, with increased R&D investment in AI technology leading to short-term performance pressure but positioning the company for future growth [1]. - The company has launched innovative products such as the UCS universal control system and the TPT temporal industrial model, aimed at enhancing AI applications in process industries [2]. Product Innovations - The UCS system reduces cabinet room space by 90%, shortens construction time by 50%, and increases communication speed by over 100 times, representing a revolutionary innovation in control systems [2]. - The TPT model achieves a self-control rate of over 95%, reduces nitrogen oxide emissions by 5%, and decreases coal consumption by over 3.1%, providing significant economic benefits to clients [2]. Market Outlook - According to Omdia, the AI software market is expected to experience explosive growth, reaching a scale of 218 billion USD by 2029, driven by the integration of industrial AI models and agents [3]. - The company is actively promoting the development and application of TPT and robotics, anticipating these technologies will drive new growth [3]. Humanoid Robotics - The company has invested in the Zhejiang Humanoid Robot Innovation Center, which has launched two generations of humanoid robots and is moving towards mass production [4]. - The company has introduced the "Plantbot" solution, integrating AI and robotics to enhance perception, decision-making, and execution capabilities [4]. Global Expansion - In 2024, the company's overseas revenue reached 749 million yuan, a year-on-year increase of 118.27%, accounting for 8.25% of total revenue [5]. - The company has established 21 subsidiaries and 5 new 5S stores in various regions, enhancing the global influence of the SUPCON brand [5]. Strategic Partnerships - The company has formed deep collaborations with international clients such as Saudi Aramco and Petronas in various fields including control systems and industrial software [6]. - The company is pursuing acquisitions and partnerships to support its strategic transformation towards industrial AI and robotics [6].
Cemtrex, Inc. Announces Launch of Proposed Public Offering
Globenewswire· 2025-05-28 00:05
Core Viewpoint - Cemtrex, Inc. has initiated a public offering of Common Stock and pre-funded warrants to raise capital for general corporate purposes, debt repayment, and working capital needs [1][2]. Group 1: Offering Details - The offering is being managed by Aegis Capital Corp. on a firm commitment basis [3]. - The offering is conducted under an effective shelf registration statement filed with the SEC, which was declared effective on February 3, 2025 [3]. - A final prospectus supplement and accompanying prospectus will be filed with the SEC and made available on their website [3]. Group 2: Company Overview - Cemtrex, Inc. operates in the Security and Industrial sectors, with its Security segment providing advanced video management software and integrated surveillance solutions [5]. - The Industrial segment offers expert services such as rigging and equipment installation to manufacturers across the nation [5]. - The company emphasizes innovation, execution, and strategic growth to enhance safety, efficiency, and value for customers and shareholders [5].
Volga Reduces Control Panel Wiring Time by 66% with Rockwell Automation's EtherNet/IP In-cabinet Solution
Prnewswire· 2025-05-27 16:39
Core Insights - Rockwell Automation's EtherNet/IP In-cabinet Solution has enabled Volga to reduce control panel wiring time by 66%, demonstrating the efficiency of ethernet-enabled technology in manufacturing [1][2][3] Group 1: Technology Impact - The EtherNet/IP In-cabinet Solution resulted in a 36% smaller panel footprint and a 32% reduction in weight compared to traditional wiring methods [2][3] - Volga's engineering team completed a control panel using conventional hardwiring in over 20 hours, while the new solution allowed completion in less than 7 hours [3] Group 2: Customer Benefits - The technology has been positively received by Volga's team, who found it easy to use and reliable, leading to improved productivity [4] - The solution supports faster delivery, lowers operational costs, and aligns with sustainability goals by reducing the use of copper, cable, and plastic [4][5] Group 3: Market Positioning - Volga's adoption of the EtherNet/IP In-cabinet Solution reflects its commitment to innovation and delivering measurable customer value [5] - The focus on sustainability is increasingly important for customers, and this solution helps reduce environmental impact while enhancing delivery times [5]