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Graco Continues Acquisition Spree
Graco Inc. continues its acquisition spree and bought four (4) further companies for a combined cash purchase price of USD 185 million. The company acquired GeoBlaster Equipment Sales & Services Inc. and Brazil-based Multimaq-Pistolas Equipamentos Para Pintura Ltda (Multimaq)o in December 2014. The company now agreed to acquire High Pressure Equipment (HiP) and White Knight…
Air-Operated Extrusion Pump for viscous materials up to 100,000 cP
A new extrusion pump, designed to dispense high viscous materials of up to 100,000 centipoise, was introduced today by the company B.S.C. Teknik. Depending on the type of material and application, pumps for 20 to 200 liters (55 gallon) with discharge pressures of 240 to 350 bar are available. The air operated pumps, either in…
Durr Receives Largest Robot Order from Tesla
The German engineering company Durr has received its largest order for application technology ever. A total of 174 robots are to be installed in three phases which will increase Tesla’s Freemont painting capacity to around 500,000 cars per year. The paint shop will be ready by end of 2015. The paint robots will apply automotive…