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Teleste enters to an EMS partnership with Kyrel Oy

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TURKU, Finland, July 10, 2024 /PRNewswire/ — As a part of Teleste’s strategy execution, we have entered to an EMS-Partnership with Kyrel Oy from Finland. Through this new collaboration, Teleste aims to ensure continuous high quality, agility, and delivery reliability for our Public Safety and Mobility business unit. Kyrel is well known for its customer-centricity and reliability, values that Teleste shares. This creates a strong foundation for our partnership. 

“To be able to react even smoother on the fast-changing public safety and mobility market and provide the best value for our customers, we are continuously seeking ways to improve our operations. Reliable partnerships are valuable in supporting our world-class manufacturing and supply chain capabilities. Kyrel is a highly valued and well-known partner in the industry, with an optimal logistic location close to our factory and R&D functions. We are really excited to enter to this cooperation with Kyrel and seek end-to-end synergies and efficiencies together,” says Marko Uutela, Director of Operations, Logistics and Sourcing for Teleste’s business unit Public Safety and Mobility.

“We at Kyrel aim for genuine long-term collaboration to develop operational performance and products together with Teleste. By doing so, we not only advance the business of two great companies but also the electronics industry in Finland. Kyrel’s main competitive edges include strong personnel capabilities, robust supply process control, and high technological production processes. Additionally, a family-owned business, we offer unique proximity and personal touch to our operations,” says Mika Räty, Managing Director of Kyrel Oy

We look forward to starting this productive collaboration and creating more value for Teleste’s customers.  

Inquiries for more information: 
Hannele Ahlroos
Executive Assistant
Tel. +358 2 2605 611 
Email: hannele.ahlroos@teleste.com 

About Teleste 

Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society. Our solutions bring television and broadband services to you, secure your safety in public places, and guide your use of public transport. With solid industry experience and drive for innovations, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. In 2023, Teleste’s net sales reached EUR 151,3 million and it had approximately 800 employees. Teleste is listed on Nasdaq Helsinki. For more information, visit www.teleste.com

This information was brought to you by Cision http://news.cision.com

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Texas Logistic and Fulfillment Expands to Over One Million Square Feet and Launches Renewable Energy Division

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HOUSTON, May 21, 2025 /PRNewswire/ — Texas Logistic and Fulfillment, a leading 3PL and logistics provider, has reached a major milestone by operating over one million square feet of warehousing space across Texas. The company also proudly announces the launch of a dedicated renewable energy division specializing in solar panels and lithium battery storage.

Under the leadership of CEO Omri Shafran, the company is rapidly responding to Texas’s growing demand for clean energy infrastructure.

“Due to very high demand in the Texas market, we decided to establish a dedicated team and warehouses tailored for renewable energy products and solar panels,” said Shafran. “This includes HVAC-controlled facilities with low humidity—something that’s particularly challenging in Texas weather—as well as specialized forklifts and handling equipment. We’ve also created critical SOPs and assigned a specialized operations team to support this sector.”

This innovation has caught the attention of policymakers, including Texas Governor Greg Abbott, who praised the company’s forward-looking initiatives and encouraged more renewable energy companies to enter the Texas market.

Texas Logistic and Fulfillment is also celebrating a new strategic partnership with Tongwei Solar, the world’s largest solar panel manufacturer. The collaboration marks a significant step in strengthening global supply chains.

“These new partnerships will strengthen the relationship between Texas and leading Asian manufacturers,” noted Dimitri Menin, President of Texas Logistic and Fulfillment. “We’re proud that Texas Logistic will serve as the gateway for these companies into the U.S. market.”

With a 550% increase in sales over the past year, Texas Logistic and Fulfillment is on track to redefine the logistics landscape—not just in Texas, but across the United States.

View original content:https://www.prnewswire.com/news-releases/texas-logistic-and-fulfillment-expands-to-over-one-million-square-feet-and-launches-renewable-energy-division-302462425.html

SOURCE Texas Logistics and Fulfillment Services LLC

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Cognex to Present at the TD Cowen Technology, Media & Telecom Conference

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NATICK, Mass., May 21, 2025 /PRNewswire/ — Cognex Corporation (NASDAQ: CGNX) today announced that Rob Willett, Chief Executive Officer, will participate in a fireside chat at the 53rd annual TD Cowen Technology, Media & Telecom Conference on Wednesday, May 28, 2025, beginning at 10:50 a.m. Eastern Daylight Time.

The presentation will be made available via webcast on the Investor Relations section of the Cognex website at www.cognex.com/investor.

About Cognex Corporation

Cognex Corporation (“Cognex”) invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in a wide range of businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, automotive components, and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is particularly valuable for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings are obtained through the reduction of labor or improved product quality.

Cognex is the world’s leader in the machine vision industry, having shipped more than 5 million image-based products, representing over $12 billion in cumulative revenue, since the company’s founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe, and Asia. For details, visit Cognex online at www.cognex.com.

Investor Contacts:
Greer Aviv – Investor Relations
Jordan Bertier – Senior Manager, Investor Relations
Cognex Corporation
ir@cognex.com 

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SOURCE Cognex Corporation

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Reshoring Revolution: Manufacturing’s Homecoming Poised to Unleash Economic Transformation

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SAN DIEGO, May 21, 2025 /PRNewswire/ — Flexible Assembly Systems Inc today announced that a confluence of global events and evolving economic strategies is illuminating significant opportunities for manufacturing reshoring. This trend, where companies bring production home, is gaining momentum, promising substantial benefits for national economies, supply chain stability, and innovation.

The drive behind reshoring is multifaceted. Geopolitical uncertainties, exposed supply chain vulnerabilities, and rising international shipping costs and tariffs have compelled businesses to re-evaluate. Furthermore, growing consumer preference for domestic goods and advancements in automation are making domestic manufacturing increasingly competitive.

“We are seeing a pivotal shift in manufacturing strategies,” notes Eddie Silverberg. “The focus is on resilience, quality control, and fostering innovation closer to home. Reshoring offers a clear pathway to these objectives.”

The advantages of reshoring extend beyond individual companies. It is anticipated to stimulate domestic job creation across various sectors, contributing to broader economic growth and a strengthened industrial base. Shorter supply chains also lead to reduced lead times, greater market agility, and a diminished carbon footprint.

Moreover, reshoring can foster robust innovation, with closer proximity between R&D and production accelerating technological implementation. Government initiatives are further encouraging this shift, aiming to rebuild key industries.

While transitioning to reshored operations presents challenges like upfront investment and potential skills gaps, the long-term strategic benefits are compelling. Companies recognize the advantages of enhanced production control, improved supply chain security, and the appeal of domestically made products.

As businesses navigate a dynamic global landscape, reshoring manufacturing is poised to reshape industries, bolster economies, and create a more secure, sustainable production future.

About Flexible Assembly Systems
Flexible Assembly Systems is an industrial supply distribution company with a focus on offering industrial tools and equipment to manufacturers in the Automotive, Aerospace, Defense, Electronics, and medical device segments. For more information, visit www.FlexibleAssembly.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/reshoring-revolution-manufacturings-homecoming-poised-to-unleash-economic-transformation-302462431.html

SOURCE Flexible Assembly Systems Inc

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