Intelligent conveying system company acquired
Rockwell Automation announced that it has agreed to purchase MagneMotion, a manufacturer of intelligent conveying systems as the company looks to create a portfolio of independent cart solutions for industrial and material handling applications.
Rockwell Automation (NYSE: ROK) announced that it has agreed to purchase MagneMotion, a manufacturer of intelligent conveying systems. MagneMotion systems are used for industrial applications including automotive and general assembly, packaging and material handling. This acquisition is intended to complement Rockwell Automation’s iTrak as the company looks to create a portfolio of independent cart solutions for smart manufacturing technologies.
Marco Wishart, vice president and general manager of Rockwell Automation’s motion control business, said of the company’s future goals, "We see a future where the transportation of products within the factory, whether inside of a particular machine or between machines, will be fully controlled to optimize the productivity and flexibility of the entire process."
MagneMotion, based in Devens, Mass., will be integrated into Rockwell Automation’s motion business, within its Architecture & Software segment. The acquisition is expected to close this quarter.
– Edited from a Rockwell Automation press release by CFE Media. See more Control Engineering CNC and motion control stories.
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