ACO USA’s Post

In this final installment of our BWI Group historical information, we look at the beginning of the BWI 2.0 era... #BWIGroup #EmpoweringSmartMobility #OneTeam #suspensiontechnologies #brakesystem

CHECK OUT: -> Minute 15:10 to find out what SG Automotive d.o.o. is especially good at: 1. Quality, 2. Transparency, 3. Response Times -> Minute 18:35 to find out how SG Automotive d.o.o. deals with supply chain challenges: 1. excellent communication 2. being more than a supplier, being your partner -> Minute 23:10 to find out what the next chapter is for SG Automotive d.o.o.: 1. expansion into non-automative, 2. being the go-to system supplier and innovative problem solver

The best part of my job at EMSNOW is telling the stories of #EMS companies. In this interview I did so with Klaus Schuster, CEO of SG Automotive d.o.o., an EMS in Slovenia that Dieter G. Weiss and I visited earlier this summer. We discussed Klaus’ unique background, the company’s history in the automotive sector, his vision for the company, the advantages of Slovenia for EMS, and much more. #electronicsmanufacturing #EMS #EuropeanEMS #Slovenia #EMSNOW #in4ma

Brian Yutko artfully articulates the inflection point we’re sitting at as it relates to the ongoing #research, development, #investment, and proliferation of autonomous systems. This extends far beyond #drones and #aerospace applications, but this industry is certainly on the frontlines addressing these challenges. Let’s ensure the U.S. remains in the lead and shapes how autonomous systems are integrated into everyday life, rather than becoming victims of, or bystanders to, more aggressive entities. On top of the commercialization of autonomous systems, leadership in this sphere is also a matter of #nationalsecurity. The University of North Dakota, and in fact, the whole State of North Dakota, has made significant investments to foster the environment necessary to explore, and solve, the myriad of challenges facing autonomy. Let’s keep going!

CAE announces sale of its Healthcare business. CAE Inc. (CAE or the Company) today announced that it has reached a definitive agreement to sell CAE’s Healthcare business to Chicago-based Madison Industries for an enterprise value of C$311 million, subject to customary adjustments. “We are proud of the significant contribution to patient safety that CAE Healthcare has made,” said Marc Parent, President and CEO of CAE. “The business is growing under a strong leadership team and has reached a point where the opportunity exists to take it to the next level. We believe Madison Industries is well positioned to support the future growth of the Healthcare business, which will continue to focus on evolving simulation to drive patient safety and quality outcomes.” “This decision to streamline our portfolio better positions CAE to efficiently allocate capital and resources to secure the many attractive growth opportunities on the horizon in our much larger, core simulation and training markets,” he continued. “Madison Industries is on a mission to make the world safer, healthier and more productive,” said Larry Gies, Madison Industries’ founder and Chief Executive Officer. “Our platform is designed to empower companies whose products make our lives better and build these companies into the market leaders of tomorrow.” “At Madison, we are excited to expand upon the heritage of innovation that CAE Healthcare has built,” he continued. “With a talented workforce in the United States, Europe, and world-leading R&D capabilities in Quebec, we will look to rapidly accelerate and progress simulation and quality outcomes with the most complete set of clinical training tools available.” Closing of the transaction, which is subject to closing conditions, including customary regulatory approvals, is expected before the end of fiscal year 2024. Sale proceeds will be principally used to accelerate deleveraging, as well as to support CAE’s continued focus on technology advancement, market leadership and cost optimization within its core training and simulation markets. CAE has engaged National Bank Financial Inc. as its exclusive financial advisor for this transaction.

Some examples of trade associations : Federation of Small Businesses (FSB) Farnborough Aerospace Consortium West of England Aerospace Consortium North West Aerospace Alliance The British Healthcare Trades Association (BHTA) Gauge and Tool Makers Association #economicdevelopment #businessgrowth #tradeassociation

An insightful presentation from Steve Young, Managing Director of ICDP - discussing the multifaceted challenges facing the automotive sector. Presentation slides to be shared with members in due course. #NFDAFutureOfAutomotive2023

📣 MCG Automotive at Global Automotive Components and Suppliers Expo 2023 📅 5 to 7 December 2023 🗺 Hall 5, Messe Stuttgart | Stuttgart, Germany 🚗 Visit us at stand 5508! ➡ https://lnkd.in/eGMAEiXS   MCG Automotive is at the 2023 edition of the Global Automotive Components and Suppliers Expo, from 5th to 7th December, a global meeting point for the automotive components industry's suppliers and manufacturing partners.   In Stuttgart, Germany, the expo provides a Europe-wide opportunity to find new products, services, solutions, and technologies to face the sector's biggest challenge: the changes in the automotive industry's value and supply chains for OEMs and Tier 1s. #MCG #MCGautomotive #automotiveindustry

This is the programme that will deliver increased productivity, reduced costs and therefore increased competitiveness and one that our members should attend. Find out how Farnborough Aerospace Consortium can help you improve your profit. #SC21 #supplychainmanagement #supplychainsolutions #suppliers

Want to learn about what it takes to become a model based enterprise? Sign up for this power packed panel to learn from leaders in industry, technology, and research. #MBE #modelbasedenterprise