Rockwell Automation to acquire MagneMotion
By Canadian Packaging staffAutomation General Controls/Drives Conveying acquisition of conveyor company iTRAK MagneMotion Rockwell Automation Inc.
MagneMotion is a leading manufacturer of intelligent conveying systems and advanced motion technology that will complement iTRAK motion solution.
MILWAUKEE—Rockwell Automation Inc. has announced it has agreed to purchase MagneMotion, a leading manufacturer of intelligent conveying systems—an acquisition that will complement Rockwell Automation’s iTRAK to create the broadest portfolio of independent cart solutions in this emerging technology area.
MagneMotion systems are used across a broad range of industrial applications including automotive and general assembly, packaging and material handling.
“This acquisition continues our strategy to build a portfolio of smart manufacturing technologies that brings next generation performance to our customers today,” says Rockwell Automation vice-president and general manager of motion control business Marco Wishart. “MagneMotion expands our existing capabilities in independent cart technology. Our recent acquisition of Jacobs Automation and its iTRAK technology is complementary to MagneMotion’s portfolio. 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.”
Adds MagneMotion president and chief executive officer Todd Weber: “This deal is the logical next step in the evolution of our business, and a welcome development for MagneMotion.
“Rockwell Automation’s leading position in plant-wide controls and industrial automation gives us the best opportunity to introduce this technology to customers. As the market continues to realize the benefits of applying independent cart technology, Rockwell Automation’s global organization will be a tremendous asset,” he continues.
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.
About Rockwell Automation
Rockwell Automation Inc., the world’s largest company dedicated to industrial automation and information, makes its customers more productive and the world more sustainable. Headquartered in Milwaukee, Wis., Rockwell Automation employs approximately 22,000 people serving customers in more than 80 countries.