“Additive Manufacturing brings innovation to the way our customers make and use parts and products,” said John Riggs, senior vice president of HSB Applied Technology Solutions. “We are delighted to partner with a leading technology organization, such as CCAT, to advance technology adoption in the marketplace as we develop ways to mitigate risk throughout the manufacturing value chain.”
New technologies increase efficiency and competitiveness
Additive Manufacturing, which includes 3D printing and other emerging technologies, uses Computer-Aided Design (CAD) software and machine equipment in a layer-by-layer printing approach. The process uses materials such as metals, polymers, powders and gels to produce products that are lighter, stronger and more complex in design for aerospace and defense, shipbuilding, automotive, medical equipment and many other industrial applications.
Connecticut companies see sensors as game-changing technology
WALLINGFORD, Connecticut (Hartford Business Journal) When Wallingford-based Amphenol Corp. announced plans last month to acquire sensor-technology company MTS Systems Corp. for $1.7 billion, the price tag was eyebrow-raising, but the strategy made sense.
“For many many years, we have seen more and more of our interconnect products being married together with some type of a sensor,” said R. Adam Norwitt, CEO of Amphenol, which makes electrical, electronic and fiber optic connectors, cables and interconnect systems for the telecommunications, aerospace and other industries. “We see demand for sensors growing, really, across all the markets where we’re focused.”
When Wallingford-based Amphenol Corp. announced plans last month to acquire sensor-technology company MTS Systems Corp. for $1.7 billion, the price tag was eyebrow-raising, but the strategy made sense.
“For many many years, we have seen more and more of our interconnect products being married together with some type of a sensor,” said R. Adam Norwitt, CEO of Amphenol, which makes electrical, electronic and fiber optic connectors, cables and interconnect systems for the telecommunications, aerospace and other industries. “We see demand for sensors growing, really, across all the markets where we’re focused.”
Norwitt’s not the only one who sees growth opportunities in sensor technology, which is expected to blossom globally into a $287 billion industry by 2025, according to Allied Market Research.