RENK Group AG, a leading supplier of military and civilian propulsion solutions, has successfully completed the acquisition of Cincinnati Gearing Systems Inc. (“CGS Inc.”), a U.S.-based manufacturer of precision gears and power transmission technologies. Effective immediately, CGS Inc. will operate under the name RENK America Marine & Industry LLC.
Klingelnberg recently invited customers to its first Open House in Saline and the two-day event did not disappoint. Customers from major automotive, off-highway, construction and agriculture OEMs attended a morning of technical presentations before heading into the showroom to learn more about Klingelnberg’s latest machine tool technology.
By acquiring READY Robotics’ automation IP, Standard Bots is able to accelerate the development of their AI-powered platform, and their mission to improve accessibility in robotics space. This IP purchase includes all the software, patents, and trademarks owned by READY Robotics.
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