Should robots pay taxes?

NIGEL SMITH | April 16, 2018 | 70 views

Robot tax? A tax on robotics is as absurd an idea as a tax on pencils. As Britain’s political parties discuss a potential tax on automation and robotics, Nigel Smith, managing director of Toshiba Machine partner, TM Robotics, explains why slowing down the machine economy would lead to a productivity disaster.

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Axis Inc.

Axis Inc., incorporated in 1987, is based in Peoria, Illinois, with development centers in North America, Europe and Asia. Our clients include several Fortune 50 companies in the Aerospace, Aviation, Automotive, Manufacturing, Military, Heavy Equipment and Semiconductor industries.

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ENGINEERING TECH

EDM set to lead skills development in new £10 million digital engineering centre

Article | July 20, 2022

UWE Bristol will play a central role in a new £10 million digital engineering centre for the region. The Centre for Digital Engineering Technology & Innovation is a research, innovation and skills initiative created to develop and accelerate digital engineering across multiple industry sectors, to ultimately benefit future generations of engineers and engineering products, and to help tackle global challenges.

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MARKET

Service Tech Mobile Unveiled at AHR

Article | September 27, 2021

The recent AHR Expo 2020 was a showcase of the very latest - and coolest - technologies for service contractors. From cutting-edge air and water purification systems to virtual reality headsets to advanced sensors and alert systems to enhance safety, one thing is clear: service contractors today have a lot more tools at their disposal than they have in years past.

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ENGINEERING TECH

The Future of Construction from a Leader in SLAM-Based Laser Scanning

Article | July 14, 2022

Since the early days of the personal computer the construction industry has been slow to adopt digital technology. As a result, increases in construction productivity have lagged virtually every other major industry, such as automotive and aircraft manufacturing. It’s true that every construction project is different, unlike automobiles and planes, but we can do more to improve the future of construction.

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Financial Engineering: How To Make SAP Shareholders Happy

Article | February 10, 2020

SAP is tweaking and twisting everything it can to make everybody happy. The efforts of Mucic, Morgan and Klein are remarkable. The three musketeers strike again: SAP co-CEOs Jennifer Morgan and Christian Klein as well as CFO Luka Mucic want to make everyone in the SAP community happy, and they want to make everyone happy all at once. To make that happen, they are moving large sums of money around – only through legal, albeit a little questionable, methods, primarily financial engineering.

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Spotlight

Axis Inc.

Axis Inc., incorporated in 1987, is based in Peoria, Illinois, with development centers in North America, Europe and Asia. Our clients include several Fortune 50 companies in the Aerospace, Aviation, Automotive, Manufacturing, Military, Heavy Equipment and Semiconductor industries.

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ENGINEERING TECH

LinQuest Announces the Acquisition of Hellebore Consulting Group

LinQuest Corporation | February 03, 2023

LinQuest Corporation, a leading provider of software solutions for the U.S. military and intelligence communities, recently announced the acquisition of Hellebore Consulting Group, a next-generation software engineering firm with expertise in DevSecOps software systems and solutions assisting high-priority missions that will safeguard the future of air dominance. This agreement strengthens the capacity of both organizations to assist AFMC and other Dayton clients with their digital transformation initiatives. Hellebore was founded in 2018 and is based in Beavercreek, Ohio, where it will collaborate with LinQuest's Integrated Analytics & Support Line of Business. President and CEO of LinQuest, Greg Young, said, “Hellebore’s experience with agile software development and its track record supporting the Air Force Life Cycle Management Center will catalyze LinQuest’s leading role in moving AFLCMC to a digital future.” He added, "This partnership with the Hellebore team will help enable our customers to advance the state-of-the-art in autonomous technologies." (Source – Businesswire) Hellebore Co-founders John Farrier and Dan Squibb, stated, "We are excited about this decision to partner with LinQuest." They also added, "Our combined teams bring full spectrum solutions to AFLCMC in software development, systems engineering, and mission systems software solutions." (Source – Businesswire) About LinQuest Corporation LinQuest is a national security space leading firm that facilitates military and intelligence operations via the development, integration, and operation of mission-critical systems and sophisticated digital solutions. It delivers highly valued, cutting-edge, and cost-effective technology solutions to government, civil, and commercial clients in the United States. Its services and products include the creation, testing, operation, and maintenance of mission-critical capabilities and projects ranging from sophisticated systems and architectures to very complex businesses formed of system families. By integrating technical and operational domain knowledge with process discipline, the business offers excellent performance across the life cycle of initiatives.

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DESIGN, ENGINEERING TECH

Investment Firm Littlejohn & Co. Announces the Acquisition of Ardurra Group

Ardurra Group | February 02, 2023

On February 1, 2023, Littlejohn & Co. LLC, a renowned private investment firm, announced that it has partnered with the firm's employees and management to acquire Ardurra Group, Inc., a leading provider of multidisciplinary engineering and design services to the transportation, water and aviation end-markets. Ardurra's management team and employees will retain a major stake in the business. The Financial Terms of the deal were not disclosed. Ardurra, headquartered in Miami, FL, provides intricated design and engineering services for water, transportation and aviation to end markets in the Southeast, Central, Southwest, and Northwest regions of the United States. Ardurra's services positively impact the country's vital infrastructures by offering innovative and technology-driven solutions to municipalities, state government entities, utilities, and enterprises. Ardurra's work allows local communities to supply citizens with clean water, implement transit and transportation solutions, treat wastewater, and construct sustainable, resilient infrastructure. Ardurra's CEO Ernesto Aguilar commented, "We set out to build a culture-focused firm that provides exceptional solutions to our clients through the hard work and commitment of our talented employees." He added, "Littlejohn has an impressive track record of building enduring value for its portfolio companies, and we are excited to partner with them as our Company enters this new chapter. Littlejohn shares Ardurra's values and commitment to providing world-class service, and this partnership will enable us to accelerate growth while we continue to innovate as one of the country's leading engineering and design firms." (Source – Business Wire) About Ardurra Group, Inc Ardurra provides intricate engineering and design services for water, transportation and aviation to end markets in the Southeast, Central, Southwest, and Northwest regions of the United States. With a sizeable community of specialists, engineers, and designers, it provides a unique blend of expertise and innovation. Ardurra's services positively impact the country's vital infrastructures by offering municipalities, state government entities, utilities, and enterprises innovative and technology-driven solutions. The company has about 1,250 highly skilled employees across 70+ offices and was ranked No. 114 on the Engineering News-Record (ENR) Top 500 Firms list for 2021.

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ENGINEERING TECH

KP Engineering Announces Its Acquisition by The Shaw Group

KP Engineering | February 01, 2023

On January 31, 2023, KP Engineering (KPE), a pioneer in the design and implementation of customized EPC solutions for the refining, hydrogen, syngas, and renewable fuels sectors, announced that The Shaw Group (Shaw), a leading pipe and module fabricator, has finalized the acquisition of its assets. In the future, the company will be known as KP Shaw, LLC. Shaw has established itself as a leading fabrication firm in the United States and the Middle East, employing 1500 people across six high-end facilities. This strategic acquisition will allow Shaw to provide comprehensive engineering, procurement, and fabrication (EPF) project solutions to a broad range of industries worldwide. Shaw will now offer exceptional modular and EPF solutions to the hydrogen and chemical, oil and gas, and renewable fuels and energy industries, thanks to KPE's 19-year record of outstanding engineering, procurement, and project management. Shaw acquired all KP Engineering's assets and ongoing activities, including facility leases. The Shaw Group will run KP Shaw, LLC as a subsidiary. The new entity's branding will be established over the following months. William E. Preston, who will continue as the President and CEO of KP Shaw, LLC, commented, "This acquisition serves to fulfill an urgent requirement for bankable EPF service capacity in the growing North American market. KPE enhances the services in Shaw's already strong portfolio of offerings, which includes pipe, module, and structural steel fabrication, induction bending and specialty coating services. The integration of Shaw's high-quality services will enable us to better meet the needs of our well-established customer base and will also provide us with fresh opportunities to engage with new customers on a global scale." (Source – PR Newswire) About KP Engineering Founded in 2004, KPE is a leading, process-driven EPC solutions provider to the energy industry. The company has developed a distinct culture, structure, and strategy that uses deep engineering knowledge and a distinctive project management methodology to provide excellent EPC services. It strives to deliver value-based engineering, procurement, and project management solutions to the specialty chemical, refining, and renewable sectors at a cost that allows clients to meet their safety, economic, environmental, and performance goals.

Read More

ENGINEERING TECH

LinQuest Announces the Acquisition of Hellebore Consulting Group

LinQuest Corporation | February 03, 2023

LinQuest Corporation, a leading provider of software solutions for the U.S. military and intelligence communities, recently announced the acquisition of Hellebore Consulting Group, a next-generation software engineering firm with expertise in DevSecOps software systems and solutions assisting high-priority missions that will safeguard the future of air dominance. This agreement strengthens the capacity of both organizations to assist AFMC and other Dayton clients with their digital transformation initiatives. Hellebore was founded in 2018 and is based in Beavercreek, Ohio, where it will collaborate with LinQuest's Integrated Analytics & Support Line of Business. President and CEO of LinQuest, Greg Young, said, “Hellebore’s experience with agile software development and its track record supporting the Air Force Life Cycle Management Center will catalyze LinQuest’s leading role in moving AFLCMC to a digital future.” He added, "This partnership with the Hellebore team will help enable our customers to advance the state-of-the-art in autonomous technologies." (Source – Businesswire) Hellebore Co-founders John Farrier and Dan Squibb, stated, "We are excited about this decision to partner with LinQuest." They also added, "Our combined teams bring full spectrum solutions to AFLCMC in software development, systems engineering, and mission systems software solutions." (Source – Businesswire) About LinQuest Corporation LinQuest is a national security space leading firm that facilitates military and intelligence operations via the development, integration, and operation of mission-critical systems and sophisticated digital solutions. It delivers highly valued, cutting-edge, and cost-effective technology solutions to government, civil, and commercial clients in the United States. Its services and products include the creation, testing, operation, and maintenance of mission-critical capabilities and projects ranging from sophisticated systems and architectures to very complex businesses formed of system families. By integrating technical and operational domain knowledge with process discipline, the business offers excellent performance across the life cycle of initiatives.

Read More

DESIGN, ENGINEERING TECH

Investment Firm Littlejohn & Co. Announces the Acquisition of Ardurra Group

Ardurra Group | February 02, 2023

On February 1, 2023, Littlejohn & Co. LLC, a renowned private investment firm, announced that it has partnered with the firm's employees and management to acquire Ardurra Group, Inc., a leading provider of multidisciplinary engineering and design services to the transportation, water and aviation end-markets. Ardurra's management team and employees will retain a major stake in the business. The Financial Terms of the deal were not disclosed. Ardurra, headquartered in Miami, FL, provides intricated design and engineering services for water, transportation and aviation to end markets in the Southeast, Central, Southwest, and Northwest regions of the United States. Ardurra's services positively impact the country's vital infrastructures by offering innovative and technology-driven solutions to municipalities, state government entities, utilities, and enterprises. Ardurra's work allows local communities to supply citizens with clean water, implement transit and transportation solutions, treat wastewater, and construct sustainable, resilient infrastructure. Ardurra's CEO Ernesto Aguilar commented, "We set out to build a culture-focused firm that provides exceptional solutions to our clients through the hard work and commitment of our talented employees." He added, "Littlejohn has an impressive track record of building enduring value for its portfolio companies, and we are excited to partner with them as our Company enters this new chapter. Littlejohn shares Ardurra's values and commitment to providing world-class service, and this partnership will enable us to accelerate growth while we continue to innovate as one of the country's leading engineering and design firms." (Source – Business Wire) About Ardurra Group, Inc Ardurra provides intricate engineering and design services for water, transportation and aviation to end markets in the Southeast, Central, Southwest, and Northwest regions of the United States. With a sizeable community of specialists, engineers, and designers, it provides a unique blend of expertise and innovation. Ardurra's services positively impact the country's vital infrastructures by offering municipalities, state government entities, utilities, and enterprises innovative and technology-driven solutions. The company has about 1,250 highly skilled employees across 70+ offices and was ranked No. 114 on the Engineering News-Record (ENR) Top 500 Firms list for 2021.

Read More

ENGINEERING TECH

KP Engineering Announces Its Acquisition by The Shaw Group

KP Engineering | February 01, 2023

On January 31, 2023, KP Engineering (KPE), a pioneer in the design and implementation of customized EPC solutions for the refining, hydrogen, syngas, and renewable fuels sectors, announced that The Shaw Group (Shaw), a leading pipe and module fabricator, has finalized the acquisition of its assets. In the future, the company will be known as KP Shaw, LLC. Shaw has established itself as a leading fabrication firm in the United States and the Middle East, employing 1500 people across six high-end facilities. This strategic acquisition will allow Shaw to provide comprehensive engineering, procurement, and fabrication (EPF) project solutions to a broad range of industries worldwide. Shaw will now offer exceptional modular and EPF solutions to the hydrogen and chemical, oil and gas, and renewable fuels and energy industries, thanks to KPE's 19-year record of outstanding engineering, procurement, and project management. Shaw acquired all KP Engineering's assets and ongoing activities, including facility leases. The Shaw Group will run KP Shaw, LLC as a subsidiary. The new entity's branding will be established over the following months. William E. Preston, who will continue as the President and CEO of KP Shaw, LLC, commented, "This acquisition serves to fulfill an urgent requirement for bankable EPF service capacity in the growing North American market. KPE enhances the services in Shaw's already strong portfolio of offerings, which includes pipe, module, and structural steel fabrication, induction bending and specialty coating services. The integration of Shaw's high-quality services will enable us to better meet the needs of our well-established customer base and will also provide us with fresh opportunities to engage with new customers on a global scale." (Source – PR Newswire) About KP Engineering Founded in 2004, KPE is a leading, process-driven EPC solutions provider to the energy industry. The company has developed a distinct culture, structure, and strategy that uses deep engineering knowledge and a distinctive project management methodology to provide excellent EPC services. It strives to deliver value-based engineering, procurement, and project management solutions to the specialty chemical, refining, and renewable sectors at a cost that allows clients to meet their safety, economic, environmental, and performance goals.

Read More

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