Browse by Editorial Category
Browse by Edition Date

December 2022

Skip Navigation Links.
Expand Applying TechnologyApplying Technology
Expand Automation Equip and SystemsAutomation Equip and Systems
Expand ControlsControls
Collapse Current NewsCurrent News
9T Labs to Open First US Office
Rock Valley College Advanced Technology Center
Expanded Line of Industrial Automation Control Cabinet Solutions
Arsenal Capital Partners Acquires Innovative Products andamp; Equipment
Belt Technologies Introduces New Laser Welding Machine
Bosch Rexroth Announces Expansion in Factory Automation Capabilities
Caron Engineering Expands Systems Integrator Network
COE Provides Five Servo Feeds to Genco Stamping
Cadrex Manufacturing Solutions Acquires EPMP
Dallas Industries Delivers Feed Line to ITW Drawform
DMG MORI Manufacturing USA Celebrates 10-Year Anniversary
Epicor Acquires MES Provider eFlex Systems
FANUC America Expands Michigan Campus to Accommodate Automation Demand
Formnext Chicago Secures Premier Exhibitors for AM Show
Hardinge Wins 2022 National Metalworking Reshoring Award
Hoffer Plastics Named `Business of the Year
igus Acquires Majority Stake in Commonplace Robotics
Kurt Hydraulics Announces Dayco Hydraulics Takeover
Northrop Grumman Opens Advanced Space Assembly and Test Facility
ONeal Manufacturing Services Opens Northern Kentucky Plant
Global Space Tech Company Opens Manufacturing Facility
PRI 2022 Trade Show to be Held December 8-10
DOD Funding Expands Purdue-Led Microelectronics Workforce Program
Siemens and Desktop Metal Accelerate Sustainable AM at Scale
Patent Issued for DoAll Robotics Light
SME 2023 Digital Manufacturing Challenge
SME Education Foundation Supports SME PRIME Schools with Sustainability Grants
Starrag Increases Customer Support
Tenaris Joins the Steel Manufacturers Association
TriTech Titanium Parts Matches Production Technology to the Part
Ultimaker and MakerBot Announce Closing of Merger
Kevton Technologies Acquires Seven Sapphire 3D Printers
Visual Components Acquires Delfois Robotics Division
Expand Literature-Web TutorialsLiterature-Web Tutorials
Expand Metalforming-Fabricating-WaterjetMetalforming-Fabricating-Waterjet
Expand People In The NewsPeople In The News

show all editions →

Click here to watch Tutorial Videos >

Arsenal Capital Partners Acquires Innovative Products & Equipment

Arsenal Capital Partners, a private equity firm that specializes in investments in industrial growth and healthcare companies, announced that it has completed an investment in Innovative Products & Equipment, Inc., which it will combine with Eckhart, Inc. to build a leading automation solutions provider serving highly complex applications in high-growth end markets.

Innovative Products, an automation solutions provider that focuses on the medical device and life sciences markets, represents Arsenal's second investment in the automation sector, following the acquisition of Eckhart in December 2021. Together, Innovative and Eckhart will provide specialized automation solutions, including factory of the future (design simulation) services, single & multi-cell automation systems, and fully automated assembly lines, as well as automation technologies, including AGVs, autonomous mobile robots (AMRs), thermal bonders, servo presses and semi-automated tooling.

"We are excited to work with the Innovative team to enhance our delivery of advanced, end-to-end automation capabilities for our customers," said Andy Storm, CEO of Eckhart. "Rich, Eric, Dale, Kevin and the rest of the Innovative team have developed a reputation in the medical device and life sciences markets for solving mission-critical issues for their customers, and we believe joining forces will position us well for our next phase of growth."

Rich Brownstein, Principal and Co-President of Innovative, stated, "We are thrilled to partner with Arsenal, Andy and the Eckhart team. The scale, capabilities and resources that we can provide as a combined company will allow us to strategically accelerate growth as we support our global customer base with higher productivity, efficiency and precision. Arsenal's reputation and experience investing in innovation-forward industrial technology and healthcare companies gives us confidence in the future growth prospects of our industry and company."

Innovative Products & Equipment

20 Executive Drive

Hudson, NH 03051


Eckhart, Inc.

570 Lake Cook Road

Deerfield, IL 60015


Arsenal Capital Partners

100 Park Ave., 31st Floor

New York, NY 10017


< back