In Part II of the "Digitalisation Of The Manufacturing Sector", we look at its evolution towards an Industry 4.0 manufacturing model. By Imtiaz Ahmed, Asia Pacific Mobil SHC Brand Manager, ExxonMobil Lubricants
EMO, the Exposition Mondiale de la Machine Outil (Machine Tool World Exposition), returns to Milan after six years. Previously held in Hannover, the sheer size of the event is testament to Europe's attempt to charge back into the global economy as a viable trading partner. Held in Fiera Milano trade expo, the show is promoted by CECIMO, the European Association for Machine Tools.
Japanese sensing and control components manufacturer Omron Corporation has announced their plans to construct two new facilities at their existing manufacturing plant—Omron Manufacturing Indonesia (OMI)—in Indonesia’s West Java.
The two facilities that will span over 20,000 sq m will produce multiple electronic components to cater to the global markets in industrial automation and automotive production. Construction is slated to be completed in two years and the factories will be open in April 2017.
With the new facilities, the company expects to significantly increase its manufacturing capacity and boost Indonesia’s standing in the global manufacturing network.
To date, the country as embarked on a massive development programme to expand and modernise its infrastructure, said Irawan Santoso, president director of the company. With the expansion, the company can well support the country’s infrastructure development needs.
OMI produces an estimated 191 million components every year, of which 90 percent is export and the remaining is sold domestically. The new facilities are expected to increase the company’s total production volume to 325 million components and modules by 2020.
Thai exports have continued to contract in May for the fifth consecutive month, by 5.01 percent year-on-year to US$18.4 billion, according to Somkiat Triratpan, director of the Commerce Ministry’s Bureau of Trade and Strategy.
The imports of industrial machinery and manufacturing equipment to Vietnam is expected to rise this year, as a result of lower taxes due to the Free Trade Agreements (FTA) Vietnam has recently established with Australia, Chile, China, India, Japan and Korea.
