SCADAgroup acquires Adaptive Instruments
Australia’s SCADAgroup has acquired Adaptive Instruments, positioning Adaptive Instruments and the Accutech brand in new international markets.
SCADAgroup PTY of Newcastle, New South Wales, Australia has acquired Adaptive Instruments positioning Adaptive Instruments and the Accutech brand in new international markets. The acquisition also puts the resources of SCADAgroup firmly behind Adaptive’s aggressive growth plans.
Adaptive Instruments designs and manufactures tether-free wireless smart process instrumentation systems. Adaptive Instruments has secured an impressive installed base in key industries including oil and gas, pipelines, chemical, water, pulp and paper, pharmaceutical, food and beverage, and energy utilities. SCADAgroup is said to be the world’s largest privately held SCADA products and services company.
“Nothing is more exciting than the addition of a star player to the team,” said Paul Chisholm, group managing director of SCADAgroup. “Adaptive Instruments enters our group with immediate synergies and a product line that will continue our drive to become the world’s foremost supplier of telemetry and process control technologies.”
Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.