LG to outsource its low and mid-range smartphones to minimize costs
  Author: Shreshtha Dhatrak

The South Korean electronics giant, LG Corporation, has reportedly planned to outsource its low to mid-end smartphones in order to cut costs and compete with Chinese opponents. LG&r...

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Chips shortage could disrupt automotive production rate in China
  Author: Pranali Mehta

According to reliable sources, a shortage of chips which are used in vehicles could slow down the automobile production in China in the upcoming years. For those uninitiated, automo...

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Qualcomm unveils Snapdragon 888 at the Snapdragon Tech Summit
  Author: Pranali Mehta

Leading American semiconductor company, Qualcomm, has reportedly announced the official launch of its latest Snapdragon 888 microprocessor at the Snapdragon Tech Summit, providing a first loo...

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BWXT, DOE partner to develop advanced additive manufacturing systems
  Author: Pranali Mehta

According to reliable sources, Virginia-headquartered power generation technology company, BWX Technologies Inc. (BWXT) has reportedly collaborated with Oak Ridge National Laboratory to develop advanced additive manufa...

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Seqirus to build a new AU$800M influenza vaccine facility in Australia
  Author: Pranali Mehta

Seqirus, one of the leading influenza vaccine providers, has reportedly announced its plans to develop a world-class biotech production facility in Australia. The company aims to supply influenza vaccines across the co...

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Alchemie presents new fabrics technology for effective face coverings
  Author: Shreshtha Dhatrak

In view of the burgeoning number of COVID-19 infections across the world and news about lacking protective equipment and gear, numerous textile research institutes and textile firms are working on novel technological a...

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TFF Pharmaceuticals to expand production capacity at Experic’s cGMP plant
  Author: Pranali Mehta

TFF Pharmaceuticals, Inc., a U.S.-based biopharmaceutical company that specializes on developing & commercializing new drug products that are centered around its patented TFF (Thin Film Freezing) technology platfor...

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LG Innotek develops lowest power loss and high-efficiency ferrite
  Author: Shreshtha Dhatrak

LG Innotek, an electronic component manufacturing company, has recently announced the successful development of a high-efficiency, lowest power loss ferrite across the world. The new development will enable the company...

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Optimas unveils Standard Fastener program to offer on-demand fasteners
  Author: Shreshtha Dhatrak

Optimas Solutions, a tech-enabled industrial manufacturer, has reportedly launched a Standard Fastener program. The program has been designed to offer on-demand access to washers, common screws, and nuts for repair, ma...

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Fujitsu to introduce "Monozukuri" solutions for manufacturing sector
  Author: Pranali Mehta

According to reliable sources, Japan-based multinational information technology services and equipment company Fujitsu Ltd., has reportedly announced the expansion of its manufacturing solutions and services in order t...

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Siemens Mobility & Siemens Energy ink MoU for hydrogen rail systems
  Author: Pranali Mehta

Siemens Mobility and Siemens Energy have reportedly announced that they have inked a new MoU (Memorandum of Understanding) to develop and provide hydrogen systems for trains under a joint effort. ...

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Mining firm Cleveland-Cliffs acquires steel manufacturer ArcelorMittal
  Author: Pranali Mehta

Cleveland-Cliffs, a renowned iron ore mining firm, has reportedly announced that it has would acquire ArcelorMittal USA LLC, a steel manufacturing and mining company. As per the agreement, Cleveland-Cliffs will take ov...

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Bostik Acquires Ideal Work; Reinforces its Flooring Products
  Author: Shreshtha Dhatrak

Bostik strengthens its range of flooring products with the strategic acquisition of Ideal Work which is an Italian company specializing in high-end decorative flooring technologies. This project is in line with Arkema&...

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Konica announces testing & approval of REVLAR Premium Synthetic Paper
  Author: Shreshtha Dhatrak

Konica Minolta, a company dealing in commercial & industrial packaging and printing solutions, has recently announced the testing & approval of 10.7 mil & 13.7 mil REVLAR Premium Synthetic Paper of RELYCO&r...

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BASF Announces Acquisition of proprietary technology from AgriMetis™
  Author: Shreshtha Dhatrak

BASF has announced that it has acquired the proprietary Glu-L™ technology from AgriMetis™ for L-glufosinate ammonium. AgriMetis™ is a leading developer of biotechnological discoveries for crop protect...

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AOTCO Metal Finishing acquires US based Plating for Electronics
  Author: Pranali Mehta

AOTCO Metal Finishing, a US based plating service company, has reportedly announced the acquisition of Plating for Electronics, renowned electroplating, specialty anodizing, and laser market services provider based out...

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Honda Plans to Move Some of its Production from the U.K. to Japan
  Author: Shreshtha Dhatrak

Honda Motors is planning to transfer some of the production from its U.K. factory to Japan in response to the falling European economy. The Honda factory in the U.K. is reported to be closed in 2021 as the U.K. is set ...

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Private equity firm CORE buys GPI Prototype & Manufacturing Services
  Author: Pranali Mehta

CORE Industrial Partners, a US-based private equity company, has reportedly announced that it acquired GPI Prototype and Manufacturing Services, a top metal additive manufacturing (AM) service provider, through a CORE ...

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Otis expands presence in United States, acquires Bay State Elevator
  Author: Pranali Mehta

Otis Worldwide Corporation, an American vertical transport systems company, has announced the acquisition of Bay State Elevator to strengthen its operations in Northeast part of the United States of America. ...

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Aphex continues to expand Hy-IQ™ production at Port Richey facility
  Author: Shreshtha Dhatrak

Aphex BioCleanse Systems Inc. has recently announced the continuation of Hy-IQ™ production at its facility at Port Richey, Florida. Headquartered in New York, Aphex is a medical devices and equipment company that has been efficiently and rap...

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Larson Packaging Co. announces the acquisition of First Class
  Author: Pranali Mehta

California-based industrial packaging manufacturer, Larson Packaging Company (LPC) has successfully acquired First Class Packaging (FCP), Inc., a transaction that the two parties have been working on for over a year. A...

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Mafic USA commences operations at Shelby-based production facility
  Author: Shreshtha Dhatrak

Mafic USA LLC, the U.S-based company with expertise in producing advanced materials for the composites industry, has reportedly started operation at the world’s biggest basalt fiber production facility in Shelby,...

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Notiphy joins the NSCA, offers new digital manufacturing services
  Author: Shreshtha Dhatrak

With the ongoing COVID-19 pandemic, digitalization across industries is proliferating at a striking pace. Manufacturers worldwide are adopting digital strategies as physical distancing and tighter employee safety measu...

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Seebo raises $9M funding for efficient production losses management
  Author: Shreshtha Dhatrak

Seebo, a pioneer in Process-based Industrial AI, has recently completed a $9 million funding round. This funding round was led by Ofek Ventures, including the participation of Vertex Ventures as well as existing invest...

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GE Appliances invests $62M to expand production at Louisville plant
  Author: Shreshtha Dhatrak

GE Appliances has recently announced an investment worth $62 million to expand the production capacity at its 750-acre manufacturing facility in Louisville. The company also has announced the creation of 260 new jobs t...

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Mercedes-Benz joins battery maker Farasis Energy for Electric First
  Author: Pranali Mehta

Mercedes-Benz, German automotive marque known for manufacturing luxury cars, has entered into a strategic partnership with Chinese battery manufacturer, Farasis Energy (Ganzhou), taking a big step towards Ambition2039&...

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DSM to acquire a part of Clariant 3D printing business portfolio
  Author: Pranali Mehta

Royal DSM, a renowned science-based purpose-led  corporation active in health, sustainable living, and nutrition industries, has reportedly signed a new acquisition agreement with Clariant, an innovative, sustaina...

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Caterpillar acquires specific assets and employees from Marble Robot
  Author: Pranali Mehta

Caterpillar Inc., a US-based construction machinery and equipment firm, has reportedly announced to have acquired selected employees and assets from Marble Robot, an autonomy and robot technology solutions firm based i...

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HEICO’s Flight Support Group acquires 70% assets of Rocky Mountain
  Author: Pranali Mehta

HEICO Corp. has recently announced the acquisition of 70% of Rocky Mountain Hydrostatics, LLC, a specialist in naval hydraulic system, by its subsidiary, Flight Support Group. HEICO...

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Baldwin enters asset purchase deal with Western Quartz Products
  Author: Shreshtha Dhatrak

Baldwin Technology Company, Inc. has reportedly entered an asset purchase deal with a market leader in UV (ultraviolet) curing & exposure industry, Western Quartz Products. West...

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AGC announces acquisition of commercial facility in Colorado, U.S.
  Author: Pranali Mehta

AGC Biologics, a leading biopharmaceutical CDMO (Contract Development & Manufacturing Organization), has reportedly purchased a commercial manufacturing facility. This state-of-the-art facility, owned previously by...

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Vexos to provide around 10,000 MVM ventilators to Canadian Government
  Author: Pranali Mehta

Global electronics major Vexos Inc., has reportedly signed an agreement with Canada’s government to manufacture and supply 10,000 MVM (Mechanical Ventilator Milano) ventilators for the country’s mobilizatio...

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LeddarTech to begin mass producing Pixell Cocoon LiDAR with Clarion
  Author: Pranali Mehta

LeddarTech, a leading firm in LiDAR technology that offers the most scalable along with versatile mobility auto LiDAR platform, has recently announced that it shall be starting with the volume manufacturing of Leddar...

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Spektrum Cannabis launches fully automated oil extraction FSO module
  Author: Shreshtha Dhatrak

Spektrum Cannabis Technologies, an industrial engineering company, recently unveiled for cannabis processing a fully automatic, integrated, and enclosed oil extraction unit named Spektrum FSO Module. ...

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Bridgestone announces acquisition of REIFF Reifen und Autotechnik GmbH
  Author: Pranali Mehta

Bridgestone Corporation, one of the largest rubber and tire making companies in the world, has reportedly acquired German tire retarder and dealer, REIFF Reifen und Autotechnik GmbH. ...

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Gov Cuomo reveals plans to reopen businesses in some parts of New York
  Author: Pranali Mehta

New York Governor, Andrew Cuomo, has reportedly announced an update that details how businesses could reopen in some regions of New York as the state sees a decrease in the number of COVID-19 cases. ...

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SKC to mass-produce mask blanks to lower Seoul’s dependence on Japan
  Author: Pranali Mehta

The announcement follows the win of President Moon Jae-in's ruling DPK in the nationwide general election. With the trade war between South Korea and Japan inte...

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ExxonMobil boosts critical raw materials production to combat COVID-19
  Author: Shreshtha Dhatrak

ExxonMobil, an American multinational oil and gas corporation, has recently boosted the production of critical raw materials for clinical supplies to combat the spread of COVID-19 disease. These clinical supplies, name...

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Foxcil partners with Sydney Print Media to produce PPE in large volume
  Author: Shreshtha Dhatrak

Foxcil, a label manufacturer based in Sydney, has recently announced that it is ready to meet the call of the Australian government to produce personal protection equipment, and more importantly face shields. ...

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Electronics firm Foxconn to produce ventilators with Medtronic
  Author: Pranali Mehta

Foxconn, a renowned Taiwanese electronics manufacturer, has reportedly announced its plans to produce ventilators in collaboration with a leading U.S. healthcare device firm, Medtronic Plc, to treat the patients infect...

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Apple creating face shields for medical staff combating COVID-19
  Author: Pranali Mehta

Coronavirus, the WHO-declared pandemic, is taking its hold over the world with each passing day. The incidents of deaths and rise in the number of infected patients is growing with rapidly. The U.S. is one of the most ...

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Brake manufacturer Brembo to purchase long-term stake in Pirelli
  Author: Shreshtha Dhatrak

Italian brake manufacturer Brembo has reportedly made plans to purchase a small long-term stake in tire producer Pirelli. Brembo manufactures brakes for several automotive firms including Tesla, Mercedes, BMW and Ferra...

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Valmet inks deal with Asia Paper Manufacturing to supply hard nip sizer
  Author: Shreshtha Dhatrak

Finland based pulp and paper company- Valmet has reportedly inked a deal to deliver a new sizing component with a hard nip sizer to South Korea’s Asia Paper manufacturing Co. Ltd. at the Sihwa Mill. ...

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ZOLL plans to expand ventilator production capacity to 10k per month
  Author: Pranali Mehta

An Asahi Kasei Group company, ZOLL Medical Corporation, which is a leading developer of medical devices and software solutions recently announced plans to expand its ventilator production volume by 25-fold. A...

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DS Graphics/Universal Wilde deploys Konica Minolta’s KM-1 Inkjet Press
  Author: Pranali Mehta

Konica Minolta Business Solutions U.S.A., Inc., one of the leading companies delivering commercial as well as industrial printing and packaging solutions, has announced the deployment of its AccurioJet KM-1 LED UV...

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Mahindra automotive evaluating Flint, Michigan for its second U.S. plant
  Author: Shreshtha Dhatrak

Mahindra, the Mumbai-based automotive manufacturer recently announced plans to open a manufacturing plants in Flint (Michigan), for manufacturing vehicles including mail delivery trucks for the United States market. Th...

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Bosch inaugurates a new mobility solutions facility at Bidadi
  Author: Pranali Mehta

Bosch sets up a new factory for mobility solutions near Bengaluru. The facility will be used for the creation of automotive products. ...

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