Rockwell Automation acquires ICS Triplex
Rockwell Automation has acquired ICS Triplex, which will continue to operate under its current brand name as a Rockwell subsidiary.
Rockwell Automation, Inc. announced that it has acquired Industrial Control Services Group Limited, which does business as ICS Triplex. ICS Triplex will continue to operate under its current brand name as a subsidiary of Rockwell Automation. It will be included in the Control Products & Solutions operating segment.
Headquartered in Maldon, U.K., ICS Triplex supplies critical control and safety solutions to process industries. It develops, delivers and maintains advanced products and solutions for high availability, fault-tolerant applications in process industry segments such as oil and gas exploration, production, transportation and refining, as well as chemicals and power generation.
“This strategic acquisition significantly expands our broad portfolio of process control and safety solutions that meet the needs of both Rockwell Automation and ICS Triplex customers around the world,” said Terry Gebert, vice-president and general manager, Rockwell Automation Manufacturing & Process Solutions business.
“Increased demand for oil and gas due to the economic growth of China, India, Brazil and Russia is fueling investments in oil and gas production and in refining, leading to increased demand for safety systems,” said to Asish Ghosh, vice-president of ARC Advisory Group. “With the acquisition of ICS Triplex, Rockwell Automation will gain a strong foothold in the oil and gas, chemical and power generation industries, and will significantly improve their capabilities in the fast-growing process safety systems and services market.”
- Events & Awards
- Magazine Archives
- Oil & Gas Engineering
- Salary Survey
- Digital Reports
- Survey Prize Winners
Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey