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Eaton set to acquire engineered electrical interconnects company
NEWS mechanical assembly, micro-electromechanical systems, underfill, precise coating and encapsulation. Based on a highly stable chassis and new electrical and mechanical architectures, the Forte Series delivers units per hour (UPH) gain of 20–50% higher productivity through swift acceleration and improved motion control, says the company. A dual-valve-ready design enables users to simultaneously run two high-frequency IntelliJet® jetting systems to further boost UPH and quality outcomes – reducing dispense time by 50%. Nordson ASYMTEK’s Canvas® software is based on a new interface that simplifies programming and provides powerful insight and control over the dispensing process. Graphical programming lets users scan a workpiece, develop their program online or offline, and simulate the dispensing results on a “virtual canvas”. Guided “wizards” provide easy step-by-step set-up instructions and quick-reference graphing, whilst data tiles control how system sensor and process data are displayed. ‘To meet our customers’ needs for reducing total cost-of-ownership, whilst delivering the highest quality and production yield, Nordson ASYMTEK has fused technologies from its most advanced fluid-dispensing system, proven features from its top-selling dispensing platform, and latest-generation Canvas software in the new Forte Series,’ explained Garrett Wong, Senior Product Manager, Nordson ASYMTEK. For further information, visit: www.nordson.com/en/divisions/asymtek/products/ fluid-dispensing-systems/forte-series
Company News James Walker sponsors sales management award
J
ames Walker, which supplies a range of high-performance fluid sealing products, is sponsoring the ‘Rising Star of the Year’ award – part of the British Excellence in Sales Management Awards (BESMA) that recognises the outstanding early achievements of sales professionals who are within the first two years of their sales career. 4
Sealing Technology
The awards were created by the Institute of Sales Management (ISM) to celebrate the outstanding achievements of sales professionals, teams and organisations. Focusing on the award criteria helps companies, managers and individuals to review their own performance against best practice make improvements and create personal development plans that will ultimately benefit all involved. James Walker says that within its own business this has helped it to invest in its colleagues and improve recruitment, retention, career progression and succession planning. Commenting on the decision to become a sponsor, Steve Corfield, Managing Director, James Walker UK, said: ‘It is important to bring new talent into sales and for companies to improve that talent by investing in personal and professional development.’ ‘As a profession, I think sales is often overlooked and the ISM, through BESMA, provides a fabulous opportunity to publicly reward and recognise those companies, teams and individuals on the frontline who drive the UK’s economy through their sales performance, professionalism and achievements.’ Judging for this year’s awards took place in September with presentations to the category winners taking place at the awards ceremony dinner at Wembley Stadium, London, during November. For further information, visit: www.jameswalker.biz
Eaton set to acquire engineered electrical interconnects company
P
ower management company Eaton recently reported that it has committed to acquire Souriau-Sunbank Connection Technologies – a business that is part of TransDigm Group Inc – in a move that enhances its strategy to gain broad electrical expertise in new markets and long-term growth prospects in global aerospace and industrial sectors. Completion of the transaction, which is valued at $920 million, is expected to close by the end of 2019 and be accretive to adjusted earnings per share in 2020. Souriau-Sunbank, which is based in Versailles, France, specialises in electrical interconnect products that are designed to be used
in harsh environments by customers in the aerospace, defence, industrial, energy and transportation industries. The firm has a workforce of approximately 3200 people and manufacturing facilities in France, the Dominican Republic, India, Morocco, Mexico and the USA. Commenting on the acquisition, Craig Arnold, Chairman and Chief Executive Officer, Eaton, said: ‘Souriau-Sunbank is a great fit with our current aerospace portfolio. SouriauSunbank’s extensive connectors capabilities will accelerate our participation in the growing market for electrical content on aircraft, and also give us a strong portfolio of connectors for the industrial, energy and transportation markets that we serve today.’ ‘Adding Souriau-Sunbank is another example of our strategy to bring our broad electrical expertise into new markets, such as our recently created eMobility segment, targeting electric vehicles.’ For further information, visit: www.eaton.com, www.souriau.com/en-en & https://www.transdigm.com
Techsil expands production capacity and sets up day laboratory
U
K-based Techsil Ltd has recently expanded the production capacity of its form-in-place foam gasketing (FIPFG) service by 25% in order to meet growing demand. It also reports that it has set up a day laboratory facility to aid prototyping work. The firm, which supplies industrial RTV (room-temperature-vulcanising) silicones, adhesives, sealants, encapsulants, conformal coatings, tapes and dispensing equipment to a wide range of manufacturing sectors – including the electronics, packaging, aerospace and automotive industries – says that this has been done by adding a fourth production cell at a manufacturing site in the UK. Using a single-component liquid polyurethane foam sealing system and the machine, the company’s bespoke FIPFG contracting service offers an economical and reliable way of replacing labour-intensive processes involving the use of peel and stick gaskets. In other news, the firm says that the day laboratory facility is available to customers who want to develop prototypes, and require
October 2019
Company News James Walker sponsors sales management award
J
ames Walker, which supplies a range of high-performance fluid sealing products, is sponsoring the ‘Rising Star of the Year’ award – part of the British Excellence in Sales Management Awards (BESMA) that recognises the outstanding early achievements of sales professionals who are within the first two years of their sales career. 4
Sealing Technology
The awards were created by the Institute of Sales Management (ISM) to celebrate the outstanding achievements of sales professionals, teams and organisations. Focusing on the award criteria helps companies, managers and individuals to review their own performance against best practice make improvements and create personal development plans that will ultimately benefit all involved. James Walker says that within its own business this has helped it to invest in its colleagues and improve recruitment, retention, career progression and succession planning. Commenting on the decision to become a sponsor, Steve Corfield, Managing Director, James Walker UK, said: ‘It is important to bring new talent into sales and for companies to improve that talent by investing in personal and professional development.’ ‘As a profession, I think sales is often overlooked and the ISM, through BESMA, provides a fabulous opportunity to publicly reward and recognise those companies, teams and individuals on the frontline who drive the UK’s economy through their sales performance, professionalism and achievements.’ Judging for this year’s awards took place in September with presentations to the category winners taking place at the awards ceremony dinner at Wembley Stadium, London, during November. For further information, visit: www.jameswalker.biz
Eaton set to acquire engineered electrical interconnects company
P
ower management company Eaton recently reported that it has committed to acquire Souriau-Sunbank Connection Technologies – a business that is part of TransDigm Group Inc – in a move that enhances its strategy to gain broad electrical expertise in new markets and long-term growth prospects in global aerospace and industrial sectors. Completion of the transaction, which is valued at $920 million, is expected to close by the end of 2019 and be accretive to adjusted earnings per share in 2020. Souriau-Sunbank, which is based in Versailles, France, specialises in electrical interconnect products that are designed to be used
in harsh environments by customers in the aerospace, defence, industrial, energy and transportation industries. The firm has a workforce of approximately 3200 people and manufacturing facilities in France, the Dominican Republic, India, Morocco, Mexico and the USA. Commenting on the acquisition, Craig Arnold, Chairman and Chief Executive Officer, Eaton, said: ‘Souriau-Sunbank is a great fit with our current aerospace portfolio. SouriauSunbank’s extensive connectors capabilities will accelerate our participation in the growing market for electrical content on aircraft, and also give us a strong portfolio of connectors for the industrial, energy and transportation markets that we serve today.’ ‘Adding Souriau-Sunbank is another example of our strategy to bring our broad electrical expertise into new markets, such as our recently created eMobility segment, targeting electric vehicles.’ For further information, visit: www.eaton.com, www.souriau.com/en-en & https://www.transdigm.com
Techsil expands production capacity and sets up day laboratory
U
K-based Techsil Ltd has recently expanded the production capacity of its form-in-place foam gasketing (FIPFG) service by 25% in order to meet growing demand. It also reports that it has set up a day laboratory facility to aid prototyping work. The firm, which supplies industrial RTV (room-temperature-vulcanising) silicones, adhesives, sealants, encapsulants, conformal coatings, tapes and dispensing equipment to a wide range of manufacturing sectors – including the electronics, packaging, aerospace and automotive industries – says that this has been done by adding a fourth production cell at a manufacturing site in the UK. Using a single-component liquid polyurethane foam sealing system and the machine, the company’s bespoke FIPFG contracting service offers an economical and reliable way of replacing labour-intensive processes involving the use of peel and stick gaskets. In other news, the firm says that the day laboratory facility is available to customers who want to develop prototypes, and require
October 2019