Yesterday, Rockwell Automation Inc. (ROK: 41.01 -0.21 -0.51%) announced new manufacturing solutions, which are supposed to help the company save up to $6 billion a year, or about 10% of the total industrial electrical energy costs by taking advantage of “Smart Grid” initiatives along with existing technologies.
The new manufacturing portfolio includes a series of plant-wide energy optimization tools that create an integrated industrial energy management system based on Rockwell Automation industrial automation and information technology. It also will allow manufacturers to perform real-time load-balancing of their industrial processes, bring renewable energy sources online and execute demand response strategies connected to the Smart Grid.
Rockwell is well-positioned for long-term growth based on its strong global market presence. However, we remain cautious due to the lack of near-term visibility. The company’s revenues depend on the level of global or regional industrial production and the financial performance of its user industries.
via Rockwell To Save $6 Billion With Smart Grid And Other Technologies | Daily Markets.
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