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Prima Power Announces Official Opening of New Manufacturing Plant in Finland

Metalworking technology manufacturer Prima Power (Turin, Italy; Arlington Heights, Ill.) announced the opening of a new site in Seinäjoki, Finland. Finn-Power Oy—the company of Prima Industrie Group manufacturing Prima Power turret punch presses, combined machines, and systems—relocated its manufacturing plant and Tech Center previously sited in Kauhava into a new facility in Seinäjoki.

Survey: Manufacturers Behind the IIoT Curve

Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.

Control Software Improvements Spurring Manufacturing’s Digitization Push

More and more manufacturers are seeing productivity as a crucial factor to their business success. In the meantime, business models are changing from the large quantities and few variants to small quantities with frequently changed variants. This change requires high flexibility during production.