Latest news with #industrial
Associated Press
a day ago
- Business
- Associated Press
Premio Introduces 3.5' Industrial Motherboard with Intel® Core™ Ultra Processors for OEM Edge AI System Builders
CT-DML01 industrial motherboard delivers breakthrough NPU AI acceleration and power efficiency in a compact single board computer form factor 'This compact SBC delivers powerful AI performance and flexible I/O in an ultra-reliable form factor—perfect for industrial applications that demand real-time, powerful compute at the edge'— Dustin Seetoo, VP of Product Marketing INDUSTRY, CA, UNITED STATES, June 2, 2025 / / -- Premio Inc., a global leader in rugged edge AI computing and industrial display technology, announces the launch of its latest high performance 3.5' single board computer (SBC), the CT-DML01 3.5" SBC Industrial Motherboard with Intel® Core™ Ultra Processors; codenamed: Meteor Lake-U. Purpose built for demanding embedded and edge AI applications, the CT-DML01 delivers next generation compute power, advanced AI acceleration, and versatile I/O in a compact 3.5' standard footprint. 'As a manufacturer of industrial and edge computing solutions, board-level building blocks enable OEM system builders the turnkey scalability needed for their intelligent edge AI solutions.,' said Dustin Seetoo, VP of product marketing at Premio Inc. 'This compact SBC delivers powerful AI performance directly on the silicon and flexible I/O in an ultra-reliable form factor—perfect for industrial OEM applications that demand real-time intelligence, remote connectivity, and powerful compute at the edge.' Powered by Intel's 14th Gen Core™ Ultra Processor, the CT-DML01 moves beyond traditional monolithic designs to bring enhanced performance and energy efficiency. It features a hybrid configuration of Intel's latest Performance Cores, Efficiency Cores, and newly introduced Low-Power Efficient (LP-E) Cores which dynamically balance power and performance across diverse workloads. Additionally, Intel's AI Boost NPU (Neural Processing Unit) is integrated directly onto the board, providing dedicated acceleration for edge AI and inference specific tasks—without taxing the CPU or GPU resources and provides low power efficiency. This makes the CT-DML01 a powerful building block solution for real-time, AI-powered workloads in edge computing deployments. CT-DML01 Key Features: - Supports 14th Gen. Intel® Core™ Ultra Processors - 125U & 155U - DDR5-4800 SO-DIMM. Max. up to 32GB - Quad independent display - 3x 2.5 GbE Ethernet Ports - Rich, High Speed I/O featuring USB Type C - M.2 Expansion for wireless, storage, and modular connectivity - TPM 2.0 for hardware level security - Supports Windows 11 IoT Enterprise Designed for industrial reliability, the CT-DML01 is engineered to operate in industrial environments where durability, consistent performance, and long lifecycle support are essential. Its compact 3.5' footprint, fanless thermal design, and rich I/O connectivity options allow for seamless integration into edge devices across a range of industrial and edge use cases. From real-time data processing in industrial automation and machine vision to interactive user experiences in smart retail and digital kiosks, the CT-DML01 provides a flexible and robust embedded platform for today's intelligent edge OEM systems builders. Premio's CT-DML01 is available in mid to late May, Q2 of 2025. With the release of the CT-DML01 3.5" SBC Industrial Motherboard with Intel® Core™ Ultra Processors, OEM and system builders have a versatile, high performance off the shelf building block for their edge AI systems. To learn more about Premio's CT-DML01 or the full lineup of 3.5' single board computers, contact our embedded computing experts at [email protected]. ### About Premio, Inc. Premio is a global solutions provider specializing in computing technology from the edge to the cloud. For over 30 years, we have designed and manufactured highly reliable, world-class computing solutions for enterprises with complex, highly specialized requirements. Our engineering specialty and agile manufacturing push the technical boundaries in Embedded IoT Computers, Rugged Edge Computers, HMI Displays, and HPC Storage Servers. Premio provides robust product engineering, flexible speed to market, and unlimited manufacturing transparency from strategic locations in the U.S., Taiwan, Malaysia, and Germany. Learn more by visiting our website at Dustin Seetoo Premio Inc. +1 626-839-3100 email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Yahoo
5 days ago
- Business
- Yahoo
1 Industrials Stock Worth Investigating and 2 to Ignore
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 11.8% over the past six months. This performance was worse than the S&P 500's 2.2% decline. The elite companies can churn out earnings growth under any circumstance, however, and our mission at StockStory is to help you find them. Taking that into account, here is one resilient industrials stock at the top of our wish list and two best left ignored. Market Cap: $7.32 billion Starting with the founder picking up garbage with a pickup truck he purchased using savings from high school, Casella (NASDAQ:CWST) offers waste management services for businesses, residents, and the government. Why Is CWST Not Exciting? Core business is underperforming as its organic revenue has disappointed over the past two years, suggesting it might need acquisitions to stimulate growth Expenses have increased as a percentage of revenue over the last five years as its operating margin fell by 4 percentage points Performance over the past two years was negatively impacted by new share issuances as its earnings per share were flat while its revenue grew At $115 per share, Casella Waste Systems trades at 95.5x forward P/E. Check out our free in-depth research report to learn more about why CWST doesn't pass our bar. Market Cap: $16.86 billion Founded in 1920, Snap-on (NYSE:SNA) is a global provider of tools, equipment, and diagnostics for various industries such as vehicle repair, aerospace, and the military. Why Does SNA Give Us Pause? Organic sales performance over the past two years indicates the company may need to make strategic adjustments or rely on M&A to catalyze faster growth 6.3 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position Diminishing returns on capital suggest its earlier profit pools are drying up Snap-on's stock price of $322.36 implies a valuation ratio of 16.1x forward P/E. Dive into our free research report to see why there are better opportunities than SNA. Market Cap: $11.11 billion Developing submarine detection systems for the U.S. Navy, Leonardo DRS (NASDAQ:DRS) is a provider of defense systems, electronics, and military support services. Why Do We Watch DRS? Demand is greater than supply as the company's 54.4% average backlog growth over the past two years shows it's securing new contracts and accumulating more orders than it can fulfill Incremental sales significantly boosted profitability as its annual earnings per share growth of 17.5% over the last two years outstripped its revenue performance Free cash flow margin increased by 4.7 percentage points over the last five years, giving the company more capital to invest or return to shareholders Leonardo DRS is trading at $41.68 per share, or 38.4x forward P/E. Is now a good time to buy? See for yourself in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
5 days ago
- Business
- Globe and Mail
Steel Casting Market Report on the Untapped Growth Opportunities in the Industry
The Steel Casting Market is witnessing steady growth driven by demand across automotive, construction, and industrial sectors. Technological advancements in casting processes further support market expansion. Key players such as Precision Castparts Corp., Hitachi Metals, and Kobe Steel continue to lead through innovation and global reach, shaping the competitive landscape. The market for steel casting is approximated to be USD 33.90 billion in 2025, and it is projected to reach USD 42.18 billion by 2029, at a CAGR of 5.6%. The Research report presents a complete judgment of the market which consists of future trends, steel casting market growth factors, consumption, production volume, CAGR value, attentive opinions, profit margin, price, and industry-validated market data. during the forecast period. Steel casting refers to the pouring of molten steel into molds to produce specified shapes and parts with high strength, toughness, and wear resistance. These castings are used widely in automotive, construction, aerospace, energy, and machinery due to their toughness and resistance to extreme conditions. The steel casting market is being driven by factors such as rapid industrialization, increased demand from automotive and renewable energy sectors, and technological advancements in casting technologies. Still, high production costs, supply chain disruptions, and competition from lightweight materials restrain growth in the market. Emerging markets, customization demand, and sustainability trends offer substantial opportunities for growth in the following years. Download PDF Brochure: By Type, carbon steel casting accounted for the largest market share in 2024 Carbon steel casting leads with the highest share in the global steel casting market in 2024. It finds its application within a large majority of industries ranging from automotive and construction to the manufacturing sector as well. Its strength, machining, and good durability are compared to other varieties of steel available at a more reduced cost. Some of the high demanding components include an engine block, valves, and structural parts which are usually found in cast form. The versatility of carbon steel in handling both high and low temperatures, along with its ability to withstand wear and corrosion, further drives its demand in critical applications. By Process, Sand Casting Process accounted for the largest market share in 2024 The highest demand for sand casting process is because of its flexibility, economy, and capacity for large and intricate components. Its application is extensive among construction machinery, automotive, mining, and energy industries where large and intricate steel parts are in high demand. Sand casting is particularly preferred for its flexibility towards a high range of sizes and sizes, for both small and high volumes. In addition, its relatively low tooling costs as well as the flexibility to use various alloys are the reasons it finds widespread preference. Its versatility in being applied to diverse sectors ensures that sand casting is at the core of the steel casting market. By Formulation, Solvent-based formulation accounted for the largest share in 2024. Solvent-based formulation currently dominate the market due to their their proven in performance and widely applicablility to all forms of industries. Such formulation is preferred when excellent adhesion, durability, and resistance under extreme conditions to be sustained in critical components of a construction automobile industry and energy sector. Solvent-based formulations ensures that results on complex and high-strength steel parts are consistent and that is where the reliability of finished products will be maintained. As an established efficiency and adaptability factor, they continue to dominate the market despite growing environmental regulations, especially in regions that place a priority on performance rather than the use of eco-friendly alternatives. Get a Sample Copy of This Report: By Application, Power generartion segment accounted for the largest share in 2024 The power generation segment dominated the steel casting market in 2024 due to the rising demand for energy across the globe and the growing upgradations in infrastructure. Steel castings are the backbone of the manufacturing of components in the turbines, generators, and other heavy-duty equipment used in thermal, hydro, nuclear, and renewable energy plants. Steel's strength, resistance to high temperatures, and mechanical strength make it a critical component in many power generation applications where extreme conditions prevail. Renewable energy, particularly wind and solar power, added more momentum to the demand for steel castings because these sources require precision-engineered steel components. Asia Pacific accounted for the largest share of the steel casting Market in 2024 The Asia-Pacific region is projected to dominate the steel casting market, driven by strong industrial base, increasing infrastructure development, and expanding manufacturing sector. India and Japan have also emerged as lead contributors in this account because of their increasing demand for steel component usage in the Automotive, Construction, and Energy Sector respectively. The large-scale infrastructure projects undertaken by China and giant industrial output of India coupled with rapid construction activities and automotive production certainly enhanced the demand for steel castings. Coupled with the abundance of raw materials, the cheap labor charges, and advancements in manufacturing technologies, this has added further robustness to the region. Government policies that helped accelerate industrialization further assisted the market to reach further heights. It has also been fueled by ever-increasing foreign investments. Steel Casting Companies The steel casting Market comprises major players such as ArcelorMittal (Luxembourg), Doosan Corporation (South Korea), Kobe Steel, Ltd., (Japan), Nucor Corporation (US), Isgec Heavy Engineering Ltd. (India), and Georg Fischer Ltd. (Switzerland), The Japan Steel Works, Ltd. (Japan), Nelcast Limited (India), Ferralloy, Inc. (US), POSCO (South Korea) and others are covered in the steel casting market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the steel casting Market. ArcelorMittal (Luxembourg) was formed in 2006 with the merger of Arcelor and Mittal Steel. With the help of a broad range of employees, the company manufactured a wide range of high-quality finished and semi-finished steel products. The company has steel manufacturing plants in 16 countries and serves its customers in 155 countries across the globe in different end-use industries such as automotive, construction, appliances, energy, transport, and machinery. ArcelorMittal produces blooms, rebar, billets, wire rods, sections, castings, sheet piles, rails, and drawn wires, along with seamless and welded tubular products. ArcelorMittal offers a wide range of standard and special rebar for use in reinforced concrete structures in all possible fields of application. The company is one of the largest steel manufacturers in North America, South America, and Europe. Doosan Corporation (South Korea) is a multinational conglomerate primarily engaged in various sectors, including power generation facilities, industrial equipment, construction machinery, engines, and the manufacture of castings and forgings. The company is a global leader in the design and production of major nuclear equipment, contributing significantly to energy infrastructure worldwide. In addition to manufacturing, Doosan Corporation has extended its reach into key sectors, such as engineering, construction, and environmental solutions, further enhancing its global competitiveness. Doosan Heavy Industries & Construction Co., Ltd. specializes in manufacturing of products like power plant equipment, chemical and petrochemical plant equipment, iron and steel making machinery, marine diesel engines, and heavy castings and forgings. Kobe Steel, Ltd., (Japan) also known by its unified brand name KOBELCO, is a prominent Japanese steel manufacturer headquartered in Chuo-ku, Kobe. With a diverse portfolio, the company offers a range of innovative and reliable products and technologies across several industries, including iron and steel, welding, aluminum and copper, machinery, engineering, construction machinery, and electric power. As of March 2024, the Kobe Steel Group operates with 202 subsidiaries and 45 affiliated companies, cementing its strong presence in the global industrial sector. About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Bloomberg
5 days ago
- Business
- Bloomberg
Austria's Andritz Expects Clarity on US Tariffs by End of Summer
One of Europe's largest manufacturers of specialist factory machines expects clarity on US tariffs to encourage industrial firms to start making investment decisions again within weeks. Many companies have been stalling decisions on plant expansions and business development due to uncertainty around President Donald Trump's trade policies, according to Joachim Schönbeck, chief executive officer of Austrian supplier Andritz AG.
Associated Press
27-05-2025
- Business
- Associated Press
Kumo Capital Expands Real Estate Investment Footprint Beyond Massachusetts
05/27/2025, Boston, Massachusetts // PRODIGY: Feature Story // Kumo Capital, a data-driven real estate investment firm based in Massachusetts, announced the expansion of its operations into new markets, including Michigan, Ohio, Texas, and the Carolinas. It's a significant pivot for the company as it widens its scope to include industrial assets, specifically the small- and shallow-bay segment, applying the same principles that have delivered consistent value for its investors in multifamily real estate. 'What we've done successfully in multifamily housing, like finding value in underutilized assets, improving them, and delivering attractive returns, is exactly what we're now applying in the industrial sector,' says Boris Kuritnik, President of Kumo Capital. 'The small bay space is what we call the 'multifamily of industrial.' It's fragmented, under-managed, but full of potential. Our team has the experience, tools, and rigor to unlock that value.' Since its establishment, Kumo Capital has been committed to transparency and long-term value creation. It has earned a reputation for offering accredited investors access to a portfolio of real estate assets that balance income generation and strategic growth. Specializing in multifamily, commercial, and industrial investments, the firm tailored its approach to emphasize consistent returns and low downside risk. It combines old-school fundamentals and modern data analytics by leveraging extensive experience across asset management, syndication, institutional capital, and underwriting. Kumo Capital operates under a value-add philosophy. It targets properties with untapped growth potential, which are usually acquired below replacement cost in markets with barriers to entry. These assets are typically owned by long-term holders who haven't fully realized their value due to low debt service or passive management. Kumo Capital's strategy extends to income-driven investments in 'core-plus' locations. These are properties that provide immediate cash flow through stable tenancy. The firm also selectively engages in entitlements and ground-up construction. It bridges the gap between existing conditions and market potential through physical improvements, strategic leasing efforts, and operational optimization. This can mean enhancing curb appeal and signage uniformity in industrial parks or upgrading kitchens and bathrooms in multifamily units. Ultimately, the goal is to boost net operating income and asset valuation. The company's expansion to small bay industrial properties beyond Massachusetts is a logical next step, given its track record of providing diversified income streams. Small bay properties serve multiple essential businesses, including contractors, tradespeople, and light manufacturers, who remain relatively insulated from consumer market volatility. Kumo Capital can reduce vacancy and create stability through tenant diversification by targeting spaces in the 5,000 to 20,000 square foot range. Kuritnik's broader market outlook supports this move. He states that high-profile industrial assets like e-commerce mega-warehouses attract headlines. However, they also attract competition and risk. On the other hand, as Kumo Capital has observed, smaller, functionally versatile properties have seen steady demand even through economic fluctuations. 'Small bay will carry the day. These are the buildings that keep America working. It's these low-maintenance, easy-to-re-lease assets that are crucial to local economies. Why? Because they're resilient. And that's what we need given the changes in the sector,' Michael Kuritnik, Chief Operating Officer, states. Kumo Capital has entered its next chapter with its expansion. As the firm continues to focus on systematically improving lower-risk, cash-flowing properties beyond Massachusetts, it welcomes new capital partners to join in this growth. Media Contact Name: Boris Kuritnik Email: [email protected] Source published by Submit Press Release >> Kumo Capital Expands Real Estate Investment Footprint Beyond Massachusetts
