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Rockwell Automation, Inc. (NYSE: ROK) delivers industrial automation solutions powering global manufacturing sector. Track all official company announcements and market-moving developments through this comprehensive news hub.
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Discover coverage spanning financial performance, sustainability efforts, cybersecurity enhancements, and technology collaborations. Our curated news collection simplifies monitoring ROK's position in process automation, energy optimization, and smart manufacturing trends.
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Rockwell Automation (NYSE: ROK) is set to announce its fourth quarter fiscal 2020 results on November 10, prior to market opening. Interested investors can access the results on its website. A conference call will follow at 8:30 a.m. EST to discuss the results, available via audio webcast. Call-in details are provided, with a passcode for access. Presentation materials will be available before the call, and a replay will be accessible until December 10.
Rockwell Automation (NYSE: ROK) will host its annual investor meeting virtually on November 17, coinciding with the Automation Fair at Home. The webcast will start at 10:30 a.m. CST, featuring presentations from Chairman and CEO Blake Moret and CFO elect Steve Etzel, followed by an interactive Q&A session. The event aims to engage investors and provide insights into the company's strategies and performance. For more details, interested parties can access the webcast on Rockwell Automation's official website.
Rockwell Automation (NYSE: ROK) announced that CFO Patrick Goris will leave the company for a role at Carrier Global Corporation, effective November 13, 2020. Goris has been with Rockwell for 14 years, contributing to the company's financial strategies. Steve Etzel, a 30-year veteran of Rockwell, will step in as interim CFO. The company will search for both internal and external candidates for a permanent replacement. CEO Blake Moret expressed confidence in Etzel's ability to ensure a smooth transition while maintaining the company's commitment to delivering value to shareholders.
Rockwell Automation (NYSE: ROK) announced the reversal of temporary salary reductions and the reinstatement of the 401(k) company match for U.S. employees by the end of November 2020. CEO Blake Moret highlighted the company's disciplined cost management and improving market conditions as key factors enabling this decision. He emphasized that the company's technology and recent acquisitions position Rockwell well for future growth. The company will release its 4th quarter results on November 10, 2020, followed by an Investor Day on November 17, 2020.
Rockwell Automation (NYSE: ROK) has announced that registration is now open for its 29th annual Automation Fair At Home event, scheduled for Nov. 16-20. The event will primarily be held virtually, featuring keynotes, product demos, training, and industry forums. Limited in-person experiences may occur at its Milwaukee headquarters, depending on conditions. The fair aims to connect customers with the latest innovations in industrial automation and digital transformation.
Rockwell Automation (NYSE: ROK) has launched the PlantPAx® 5.0 distributed control system (DCS), which enhances plant operations through scalable, digital solutions. This version introduces native process functionality, cybersecurity certification, and analytics capabilities that help lower lifecycle costs and operational risks. New features include reduced system footprint, project consistency, and streamlined workflows, allowing for improved user experiences. These advancements support industrial producers in their digital transformation journey, enabling faster profit realization and operational excellence.
Rockwell Automation (NYSE: ROK) and Microsoft (NASDAQ: MSFT) have expanded their five-year partnership to deliver integrated solutions for industrial customers, enhancing digital agility through cloud technology. This collaboration aims to reduce infrastructure costs and improve productivity by connecting information across development, operations, and maintenance teams. Over 20 use cases have previously been co-developed across various industries. The next phase of co-innovation is set for Q1 2021, further augmenting existing offerings.
Rockwell Automation (NYSE: ROK) has acquired Oylo, a Barcelona-based industrial cybersecurity services provider, enhancing its cybersecurity capabilities. This acquisition aligns with Rockwell's commitment to offer best-in-class cybersecurity solutions, particularly as smart devices are increasingly utilized in manufacturing. Oylo specializes in industrial control system (ICS) cybersecurity, providing assessments, implementations, and incident response services. The deal's terms remain undisclosed, and Oylo will be integrated into Rockwell's Lifecycle Services segment.
Rockwell Automation (NYSE: ROK) announced the winners of its inaugural 24toCode hackathon, held virtually from September 17-19. The event awarded $10,000 across four teams, emphasizing innovative solutions in manufacturing optimization, sustainability, visual system modernization, and dynamic filtering. The first-place team, NoNameJustCode, won $4,000 for their real-time data collection solution. The hackathon engaged over 200 participants globally, showcasing diverse talents in industrial automation and digital transformation.
