automated guided vehicles

Peterbilt proves adage that everything is bigger in Texas

Peterbilt plant in Denton, Texas

Peterbilt Motors started building heavy-duty trucks in Denton, Texas 40 years ago this month. After nearly doubling in size in four decades, the plant is evidence of the adage that everything is bigger in Texas. Or it grows to become that way.

Located about an hour’s drive north from Fort Worth, the facility has become the main manufacturing facility for the PACCAR Inc. (NASDAQ: PCAR) brand. The plant began operation as a 435,000 square-foot facility with 81 employees on 80 acres of land.

Today...

https://s29755.pcdn.co/news/peterbilt-proves-adage-that-everything-is-bigger-in-texas

Warehouse robotics company Geek+ raises $200 million

Warehouse robotics company Geek+ raises $200 million (Photo: Geek+)

Chinese warehousing robotics startup Geek+ announced it has raised over $200 million in Series C investment, one of the largest rounds closed in the warehousing industry to date. The company continues to remain the most funded warehousing robotics startup in the world with a Series B investment of $150 million in late 2018 and total funding of nearly $390 million. 

This round of Series C funding was split into two individual fundraising events – one in 2019, which was led by GGV Capital, D1...

https://s29755.pcdn.co/news/warehouse-robotics-company-geek-raises-200-million