In the past decade, West Michigan has evolved as a hub for automation alongside — and perhaps powered by — JR Automation Technologies LLC.
The ongoing Industry 4.0 revolution has the potential to transform how companies organize, operate and profit. At the same time, manufacturers are struggling to pinpoint and extract value from this new ability to gather seemingly limitless amounts of data.
This is the MiBiz growth report for January 6, 2020.
HOLLAND — JR Automation Technologies LLC is now part of Tokyo-based Hitachi Ltd. after the completion of a $1.42 billion deal for the West Michigan-based custom automation systems provider.
Japanese conglomerate Hitachi Ltd. plans to acquire Holland-based JR Automation Technologies LLC in a $1.42 billion deal.
Robotics and additive manufacturing markets have entered into a new phase of growth, ripened by an era in which maintaining the status quo is no longer viable for manufacturers who struggle to secure quality labor. That’s because robotic systems are enabling manufacturers to deliver higher quality parts and maximize throughput, said Mark Ermatinger, vice president of sales at Zeeland-based Industrial Control Service Inc., who does not see the “rise” of robots stopping anytime soon.
Before Landscape Forms Inc. acquired Kornegay Design last year, the Kalamazoo-based designer and manufacturer of site furniture, accessories and lighting mulled several acquisition targets that shared its design culture and core beliefs.
Here is the MiBiz Growth Report for April 16, 2018.
• M&A: Holland-based JR Automation Technologies LLC, a private equity-backed manufacturer of custom automation equipment, has acquired Setpoint Systems and Setpoint Inc. of Ogden, Utah. The deal further expands JR Automation’s industrial automation offerings for global clients, according to a statement. The acquired companies specialize in automation solutions and motion control systems for the e-commerce and amusement industries. Terms of the deal were not disclosed.
Michigan’s role in improving manufacturing efficiency has come a long way since the invention of the assembly line.