Last updateFri, 18 Jan 2019 3pm


AUMA Expands into Mexico

AUMA has expanded its global sales and service network by recently opening a new subsidiary in Mexico City. Strategically located, the new office will enable AUMA to strengthen its position in Latin America.

According to AUMA, this economic region has enormous potential for the actuator manufacturer, from drinking water and sewage treatment through to power generation, mining, and the oil and gas industry. 

Emerson: 2 in 5 Believe STEM Worker Shortage a Crisis

Despite a national targeted focus on science, technology, engineering and math (STEM) fields and education over the past decade, 2 out of 5 Americans believe the STEM worker shortage is at crisis levels, according to results from the fourth annual STEM survey by Emerson.

While the survey found students today are twice as likely to study STEM fields compared to their parents, the number of roles requiring STEM expertise is growing at a rate that exceeds current workforce capacity. In manufacturing alone, the National Association of Manufacturing and Deloitte predict the U.S. will need to fill about 3.5 million jobs by 2025; yet as many as 2 million of those jobs may go unfilled, due to difficulty finding people with the skills in demand. 

Wolseley Industrial Group Acquires Action Automation

Wolseley Industrial Group acquired Action Automation, an automation business headquartered in Alsip, IL, on August 20, 2018. The company will operate as Action Automation, a Wolseley Industrial Group company.

Founded in 1997, Action Automation specializes in providing actuators, actuated valves and repair solutions and is an authorized stocking distributor of Limitorque (Flowserve) actuators and parts for four states in the Midwest. 

Weir Signs Two Multi-Year Oil Contracts

Weir has signed multi-year contracts in Iraq with two international oil companies totaling more than $50 million. The contracts secure the provision of Weir Oil & Gas workshop services and engineering support for an oil field and valve repair and maintenance services for another giant oil field, respectively.

Weir is focused on building its Pressure Control and Oilfield Services to be the preferred supplier of pressure containment products and services for Drilling and Production customers in the Middle East. 

Ferguson Launches CVC Fund

Ferguson Enterprises, parent company of Wolseley Industrial Group, has launched Ferguson Ventures, the company’s Corporate Venture Capital (CVC) and strategic partnering arm focused on innovation and disruption. It formalized its first strategic partnership with GTP Services, an innovative software provider in the construction industry.

Ferguson Ventures was created to help discover, invest in and partner with companies and start-ups to accelerate the use of emerging technologies to help solve these industry problems. 

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