Author: Service in Industry Hub

Following Alpha Laval’s offer, Valmet has made a counter-proposal for the takeover of Finnish valves producer Neles. For now, Neles has recommended to its shareholders to accept Alfa Laval’s offer.

By cutting out human operators, Caterpillar’s autonomous driving technology, which can be bolted on to existing machines, is helping the U.S. heavy equipment maker mitigate the heavy impact of the coronavirus crisis on sales of its traditional workhorses

According to Elon Musk’s Twitter account, a limited version of the “Full Self-Driving” upgrade of its Autopilot software will make its way to owners starting next Tuesday. According to Musk, Tesla hd to do “a fundamental rewrite of the entire Autopilot software stack”…”The sophistication of the neural net of the car and the overall logic of the car is improved dramatically.”

Advanced fiber composites made it possible to reduce the number of 3D printed turbine blades in the GE9X from 22 to 16, and the engine’s 3D printed fuel nozzle went from 20 parts to only one.

Controls technology company Proserv Controls has formed an alliance with power system monitoring company Synaptec to co-develop cutting-edge integrated holistic cable monitoring systems, which will reduce downtime, improve safety and lower operating costs at offshore wind farms and upstream oil and gas facilities. 

Top U.S. utility Duke Energy Corp plans billions of dollars of new spending this decade as it ramps up efforts to slash greenhouse gas emissions. The move comes amid growing pressure from Democratic politicians and activist investors for power producers to reduce their hefty contribution to climate change.