Ford to invest US$1bn at the Silverton plant in South Africa
Ford Motor Company will invest US$1 billion in its South African manufacturing operations in Silverton to boost production capability and create new jobs.
The overall...
Alcoa announces $22m investment in Michigan facility to meet growing demand for jet engine...
Aluminium and metals company Alcoa has announced that it will invest $22 million in Whitehall, Michigan, for Hot Isostatic Pressing (HIP) technology which strengthens...
Real Madrid and Bayern Munich receive new adidas kits made from recycled ocean waste
Adidas has launched eco-friendly, one-off football kits for football heavyweights Real Madrid and Bayern Munich as part of its campaign to raise awareness about...
Coal heavyweight Peabody files for bankruptcy
US coal giant Peabody Energy has filed for Chapter 11 bankruptcy protection in an effort to strengthen liquidity and reduce debt amid an unprecedented...
World’s largest 3D printed object to help make the wings of Boeing’s 777X airliner
Researchers at the US Department of Energy’s Oak Ridge National Laboratory (ORNL) and Boeing have developed a 3D printed trim-and-drill tool which won the...
Ficosa and Panasonic formalise alliance
Spanish automotive components supplier Ficosa and Japanese electronics giant Panasonic signed a capital and business alliance on 30 June 2015.
The deal was announced on...
US Senate approves bill to support manufacturing of US-made semiconductors
The US Senate has passed the Chips and Science Act of 2022 on a 64 to 33 bipartisan vote, sending the much-anticipated legislation to...
3D printing company Shapeways introduces Aluminium as their 54th material offering
New York-based 3D printing startup Shapeways has announced the addition of Aluminium to its 3D printing materials portfolio.
Claimed as the “perfect material for tools, drone...
BAE Systems wins multimillion US Army contract for modernisation at ammunition plant
BAE Systems has secured a $146.5 million US Army contract to construct and commission a new facility that will ramp up the capacity for...
Volkswagen USA CEO Michael Horn resigns
Volkswagen USA CEO Michael Horn has resigned from his post on Wednesday through “mutual agreement” after spending 25 years with the company in various...