Remove 2026 Remove Consumer Goods Remove Manufacturing
article thumbnail

CynLr raises Series A funding to realize robot vision for ‘universal factory’

Robotics Business Review

CynLr CLX-01 stack provides real-time, versatile vision CynLr said its mission is to simplify automation and optimize manufacturing processes for universal factories. “This breakthrough will enable the manufacturing industry to dramatically increase efficiency and maximize the value of production setups.” Apply to speak.

article thumbnail

Else Nutrition signs distribution deal with Gourmet Trading Co.

Canadian Manufacturing

Their dedication, professionalism, yet hands-on and nimble approach to consumer goods distribution, will serve to both develop and execute our brand’s aggressive Canadian distribution strategy,” stated Hamutal Yitzhak, CEO and Co-Founder of Else Nutrition. billion by 2026.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Bast Fibre Technologies Inc. secures investment from Ahlström Capital?

Canadian Manufacturing

BFT will immediately begin work to expand fibre manufacturing capacity at its US-flagship facility in Lumberton (NC) and its EU-facility near Düsseldorf (NRW). This financing will enable BFT to produce over 10,000 metric tons of sero hemp fibre per year by 2023 and up to 50,000 metric tons per year by 2026.

article thumbnail

Combining Regional Production and Supply with Digital Maturity Boosts Resiliency, Accenture Report Shows

Dinesh Mishra

By 2026, 63% of companies in India intend to buy most key items from regional suppliers, up from 34% today. Even more organizations (77%) in India plan to produce and sell most of their products in the same region by 2026, up from 29% today. billion in 2026, according to the report.

article thumbnail

Top trends in 2024: Experts share key automation trends for Canadian manufacturers in 2024

Automation Mag

The dynamic landscape of Canadian manufacturing is not left untouched by cutting-edge technologies that enhance efficiency, productivity and competitiveness. Digital transformation investment is largely driven today by manufacturers’ increased focus on mining data for business insight. The Manufacturing Institute reports a projected 2.1

article thumbnail

Top Legal Issues Facing the Manufacturing Sector in 2023

Foley

Agility and resiliency remain essential attributes for manufacturers in 2023. Manufacturers are no longer focused on figuring out when things will return to “normal.” Most major automobile manufacturers have set aggressive goals to electrify their fleets, many in the range of 40-50% by the mid-2030s.

article thumbnail

Rio Tinto to kickstart $1.1b aluminium smelter expansion in Canada

AU Manufacturing

In an ASX announcement , Rio Tinto said the smelter’s expansion will enable it to continue meeting customer demand for low-carbon, high-quality aluminium for use in transportation, construction, electrical, and consumer goods. aluminium smelter expansion in Canada appeared first on Australian Manufacturing.