ReGen
Assembly Line
Macrodyne receives funding from scale AI to develop AI enabled supply chain equipment and software solutions
Macrodyne Technologies Inc., North America’s largest hydraulic press manufacturer, has been selected to receive 2.2 million funding to develop AI based Supply Chain solutions from Montreal-based Scale AI, a technology supercluster funded by the federal and Quebec governments. Macrodyne, a leading hydraulic press manufacturer and supplier to compression molding industry, has seen an opportunity to help solve the complexity in compression molding supply chain for recycled plastics by providing equipment and AI-enabled software solutions to source feedstock to allow for the circular manufacturing of all types and blends of plastics.
Macrodyne will lead the project by partnering with ReGen, Winnipeg based designer and licenser for the Circular Manufacturing Technology; Moov AI, Quebec based artificial intelligence and machine learning solutions provider; SimWell, Quebec based leader in simulation model to develop the new technological suite. This project will make Macrodyne the first amongst press OEMs to invest in AI based logistic solutions that will provide substantial value for its customers. With this solution, the partners expect to see a major improvement in operational efficiency, by using technologies to plan and optimize the supply chain operations instead of doing it manually and/or based on operators by experience judgment.