Diversification is just as important for company managers as it is for individual investors. Both parties know it helps ensure growth without being dragged down by any one declining market sector.
ABB variable frequency drives (VFDs) are used in a variety of industrial and commercial applications to improve productivity and energy efficiency in mechanical systems run by an electric motor.
Developing new aircraft is always a challenge, but one that engineers at Gulfstream Aerospace Corp. (GAC) have successfully dealt with for more than 60 years. GAC produces state-of-the-art corporate jets for companies and governments all around the world, with hundreds of them currently in operation.
Automakers are scrambling to build a new generation of vehicles that are intelligent, connected and electrified. That’s forcing engineers to rethink how traditional assembly lines and production processes function.
Consumers spend some $1 billion to buy 2 billion lightbulbs each year in the U.S. That’s more than 6 million every day. High-speed automated assembly is the only way to meet that kind of volume.