Page 11 - MetalForming Magazine August 2022
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      News Fronts
  Business Notes
Artec 3D Opens New European R&D and Marketing Hub
Artec 3D, a developer and manufacturer of 3D scanners and software for surface inspection and other applica- tions, has opened a new office in Montenegro that will serve as a hub for R&D as well as marketing.
Citing continuing growth,
including a 30-percent increase in employee headcount at its Luxemburg headquarters in 2021 alone, Artec 3D decided to expand its European presence. The new Montenegro office in Southern Europe, in addition to current company locations in the United States, Luxembourg and China, is expected to assist as the company looks to add specialists in programming, R&D and marketing.
“Especially as tech talent relocates across Europe, Montene- gro offers many opportunities for Artec 3D to continue to expand,” says Artyom Yukhin, company president and CEO. “Soft- ware developers, mathematicians, computer vision and AI spe- cialists, mechanical, electronic, and optical engineers, as well as many other professionals will be able to find an attractive living and working environment, joining a friendly, innovative team at the forefront of 3D technology.”
Industrial Innovations Rebrands with
New Strategic Plan
Industrial Innovations Inc., Grandville, MI, a manufacturer of industrial lubrication systems, announces an extensive rebrand- ing effort to better align with
company goals and vision, along with an update to the company’s logo. A new website also has been planned for release during the summer of 2022.
With innovation at the heart of the company, Industrial Innovations provides customer-driven solutions and strategic lubrication management—-mix, apply and reclaim. Says owner and CEO Troy Turnbull: “You can’t just keep throwing every- thing down the drain or having it hauled away as waste. As much as 70 percent of lubricant can be reclaimed, yet few do so. Manufacturers must lead the way with a sustainable approach.”
Being a Fanuc Authorized System Integrator, Industrial Innova- tions also places emphasis on assisting customers with automat- ed process improvements to lubrication controls. “The automa- tion of applied lubricants will become essential as labor continues to diminish,” says Mark Ullstrup, director of strategic development.
          8 MetalForming/August 2022
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