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Industry 4.0

Industry 4.0 refers to a new phase in the Industrial Revolution that focuses heavily on interconnectivity, automation, machine learning, and real-time data. Industry 4.0, which encompasses IIoT and smart manufacturing, marries physical production and operations with smart digital technology, machine learning, and big data to create a more holistic and better-connected ecosystem for companies that focus on manufacturing and supply chain management.

Chicago PE Company Acquires 3 Grand Rapids Manufacturers Amid Industry 4.0 Push

GRAND RAPIDS — Chicago-based private equity firm CORE Industrial Partners LLC has acquired three Grand Rapids businesses to form a new additive manufacturing platform. The trio of companies includes 3DXTECH LLC and Triton 3D LLC, both of which provide 3D printing filaments and filament services. CORE also acquired Gearbox 3D LLC, which offers its clients industrial grade, open-source 3D printing machines.

By |2021-10-31T10:08:26-04:00October 29th, 2021|Industry 4.0, IoT|
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Experts: Few Manufacturers Paying Attention To Looming Cybersecurity Requirements

GRAND RAPIDS - Manufacturers that supply the defense industry will need to adhere to a new set of uniform cybersecurity standards in order to bid on contracts from the U.S. Department of Defense. Despite how profoundly this measure could potentially affect their operations, a large majority of West Michigan manufacturers remain indifferent to the matter,

By |2021-10-28T17:06:43-04:00October 28th, 2021|Cyber Defense, Industry 4.0|
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Industry 4.0 Campaign Launched To Support West Michigan Manufacturers

ZEELAND - Lakeshore Advantage, with support from partners at The Right Place, Greater Muskegon Economic Development, Michigan Manufacturing Technology Center-West, and Michigan Economic Development Corporation, launched a West Michigan Industry 4.0 campaign to increase manufacturers’ smart manufacturing technology adoption readiness. Implementing Industry 4.0 technologies into operations helps manufacturers to create opportunities for improved efficiency, higher

By |2021-10-24T16:31:52-04:00October 24th, 2021|Industry 4.0, IoT|
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LIFT To Develop Digital Twin Smart Factory Showcase For Industry 4.0 In Detroit

DETROIT – LIFT announced that it has begun developing a Digital Twin Smart Factory Showcase at its Corktown facility in conjunction with the Michigan Economic Development Corporation and Siemens Digital Industries to provide a demonstration sandbox for manufacturing companies and economic developers to explore smarter manufacturing technologies. The Digital Twin Smart Factory Showcase – a

By |2021-10-04T12:50:09-04:00October 4th, 2021|ESD, Industry 4.0|
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Tax Hikes, Workforce Challenges Top of Mind for Manufacturers

WASHINGTON DC – The National Association of Manufacturers released its Manufacturers’ Outlook Survey for the third quarter of 2021, showing manufacturers remain mostly optimistic in their economic outlook (87.5 percent, down from 90.1 percent in Q2). Consistent with Wednesday’s Bureau of Labor Statistics report showing a record 889,000 job openings in manufacturing, respondents named workforce

By |2021-09-19T15:20:13-04:00September 19th, 2021|Featured, Industry 4.0|
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GVSU Economist: West Michigan Economic Recovery Slows

GRAND RAPIDS — Although still positive, the recovery for the West Michigan industrial economy has slowed considerably in recent weeks, according to a GVSU economist. Brian G. Long, director of Supply Management Research in the Seidman College of Business at Grand Valley State University, said the slowdown is expected at this stage of an economic

By |2021-09-19T14:33:19-04:00September 19th, 2021|Featured, Industry 4.0, News|
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Shaping New Generation Of Innovators For 4th Industrial Revolution

DETROIT - The world around us is changing at blistering speed. Welcome to the ‘Era of the Fourth Industrial Revolution (4IR)’. We are smack dab in the middle of incredible changes that are causing our physical, digital, and biological worlds to merge. In this vastly altered reality, age-old rules no longer apply, especially when it

By |2021-09-19T13:03:38-04:00September 19th, 2021|Industry 4.0, IoT|
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