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Rockwell Automation, Inc. intraday rises 1.65% after Schneider Electric invests $23.8M in Seneca, creating jobs and boosting factory efficiency.

AinvestMonday, Jul 22, 2024 2:06 pm ET

1min read

Rockwell Automation, Inc. experienced a 1.65% intraday rise during the trading session. The stock's upward movement was influenced by news from Schneider Electric, which announced a $23.8 million investment in Seneca and Columbia facilities, creating jobs and upgrading its manufacturing plants for energy efficiency and automation. This positive development in the industrial automation sector is contributing to Rockwell Automation's boost, reflecting the growing demand for smart and sustainable solutions in the industry.

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