PennEngineering | October 13, 2021
PennEngineering®, the market leader in fastening solutions, announced it has expanded its global presence, launching its first PEM location in Tokyo, Japan. The expansion reflects PennEngineering®’s commitment to the region, and its focus on providing direct access to PEM® and Haeger® products and local resources, including advanced engineering and product support.
In 2019, PennEngineering® acquired Tokyo-based Eurotec Ltd., a specialty technical reseller of clinch and sheet metal fasteners and fastener installation systems. Eurotec Ltd. has transitioned to PEM® and continues to support the Company’s growth initiatives in the automotive, automotive electronics, consumer electronics and sheet metal fabrication markets.
“As a result of the growth in the industries we serve, many with headquarters in Japan, it is important for us to strengthen our relationships and establish a permanent presence in the region. This will enable us to collaborate directly with our Japanese customers and offer the capabilities they’re looking for in a global fastening solutions partner,”
-Leonard Kiely, CEO of PennEngineering.
With PEM’s expansion in Japan, PennEngineering®’s global footprint now includes facilities in 17 locations around the world, including locations throughout the Americas, Europe, and Asia Pacific.
Since 1942, PennEngineering has enjoyed a sustained reputation as the global leader in the fastening industry. The company's leading brand, PEM® and microPEM® fasteners, are considered the premier product in the thin sheet fastening industry, while 6 additional respected brands support our expansive capabilities: Haeger® hardware insertion machines; PROFIL® specialty automotive fasteners; ATLAS® brand rivet nuts; PennAuto™ high-strength fastener solutions; SI® brand inserts and Heyco® molded and stamped products.PennEngineering's steadfast commitment to engineering expertise and global innovation ensures that we continue to grow our portfolio with technologies and solutions that allow our customers to not only keep pace with marketplace challenges – but exceed them.
Edge Impulse, | May 19, 2021
Edge Impulse, the world's leading development platform for machine learning (ML) on edge devices, announced today the completion of a $15 million Series A investment round led by Canaan Partners, with participation from Acrew Capital, Fika Ventures, Momenta Ventures, and Knollwood Investment Advisory. This funding will help the company achieve its goal of democratizing machine learning for millions of developers and engineers working on billions of edge devices.
Due to power, bandwidth, and cost constraints, 99% of sensor data is currently unused. Edge Impulse allows this data to be analyzed effectively using edge-optimized machine learning, resulting in smarter products and enhanced privacy. Developers and engineers will use the Edge Impulse framework to build useful datasets, then quickly develop and deploy custom machine learning models to any edge system, from battery-powered sensors to Linux-based GPUs capable of operating actuating pneumatics and robotic arms.
With a growing list of silicon partners including Arm, Nordic Semiconductor, NVIDIA, Silicon Labs, STMicroelectronics, Microchip, Arduino, Raspberry Pi, Himax, and Eta Compute, the company's platform is trusted by thousands of developers and businesses looking to utilize sensor data to bring intelligence to the next generation of smart devices. To date, the platform has produced over 23,000 projects and 26 million branded data samples across a variety of verticals, including industrial, infrastructure, wearables, and wildlife conservation, with a global developer group on track to hit 100,000 by 2022.
Machine learning allows for a data-driven engineering approach to solving problems that can have an impact in all industries. Using machine learning for data-driven engineering in the Internet of Things will not only create better systems but will also give life to a whole new class of experiences. Surprisingly, thanks to platforms like Edge Impulse, it would become a lot easier to modify, upgrade, and handle. IoT will eventually live up to its original goals and turn consumer products, automotive, agriculture, and engineering from the ground up, thanks to smarter brains and learning capabilities on devices.
About Edge Impulse
Edge Impulse is the leading embedded machine learning software platform, with over 23,000 ML projects in use around the world. We're on a journey to have the best machine learning development experience on edge devices for sensors, audio, and computer vision at scale. We make highly optimized ML deployable to a wide range of hardware from MCUs to CPUs, from getting started in under five minutes to MLOps in production.
Galloway & Company.Inc | October 05, 2021
Galloway & Company, Inc., a national architecture and engineering firm, announced today its acquisition of Utah-based JRCA Architects, creating a dynamic alignment of knowledge and culture.
JRCA is highly regarded for its design of healthcare, public works, and public safety facilities, as well as government and justice centers. The firm's expertise in these markets will complement Galloway's extensive portfolio in the commercial, multifamily, industrial, and federal markets.
"JRCA brings an excellent reputation and resume to Galloway,This has been a long, but fulfilling, process for the JRCA shareholders as well as the Galloway transition team. We believe that the alignment of culture and values between JRCA and Galloway will help make this a smooth transition."
-Galloway President Dave Guetig
Galloway is headquartered in Denver with six regional offices. The firm's staff of nearly 250 professionals provides a full-service approach to architecture and engineering that supports projects nationwide. Its active portfolio includes projects in 26 states.
Galloway has grown rapidly over the past eight years, with a 13% annual average growth. The firm's expansion began in 2013 with the opening of its first regional office in Salt Lake City. Since then, Galloway has added five additional offices in Colorado, Utah and California. This is Galloway's second acquisition in the Utah market.
The firm's regional growth has also been accompanied by the addition of new services. Originally recognized for its civil engineering and fuel system design programs, Galloway has expanded to become a truly multidisciplinary firm. Galloway now offers 13 in-house disciplines, including comprehensive architectural design and civil engineering services as well as transportation engineering, water resources, landscape architecture, and survey.
This acquisition evolved from our desire to create opportunity for Galloway's staff and clients. It was a strategic decision as part of Galloway's overall growth plan to add capabilities and expand our regional influence, said Galloway Director of Architecture Kristoffer Kenton.
Galloway and JRCA have worked together throughout the years, and this established relationship further supported the acquisition.
Our goal has always been to provide both the expertise and capacity to meet the unique needs of our clients," said JRCA founder Jim Child, AIA. "Joining Galloway expands our capabilities while also enabling our staff to grow as professionals within the company. This acquisition provides exciting opportunities for our clients as well as our team members.
The effective date of the acquisition was Sept. 1, 2021. JRCA will retain its Salt Lake City office and staff, and will continue operations under the Galloway name. JRCA's owners will join Galloway as shareholders.
Founded in 1983, JRCA has continually focused on finding the right opportunities for its team while also building meaningful relationships within the community