Monday, November 25, 2024

Intel to build multibillion mega processor factory in Ohio

Intel has announced plans to build a $20 billion processor factory in New Albany, Ohio. The mega-site could become the largest chip plant in the...

Woodside and Commonwealth LNG ink HOA for LNG supply

Woodside Energy Trading Singapore and Commonwealth LNG have signed a heads of agreement (HOA) to negotiate a sale and purchase deal for LNG from...

Coca Cola and Ocean Cleanup team up to tackle plastic pollution in Vietnam

Coca Cola and The Ocean Cleanup have partnered up to establish efforts to collect plastic litter in primary waterways before it reaches the ocean. The...

Rheinmetall sets up joint venture for e-mobility and green energy with PolyCharge

Rheinmetall and PolyCharge America, Inc. have set up a joint venture to produce, develop and market DC-link capacitors. The new joint venture company will be...

Volkswagen Group doubles battery-electric vehicles deliveries in 2021

The European market leader for battery-electric vehicles, Volkswagen Group, doubled its battery-electric vehicles deliveries in 2021. A total of 453 000 battery-electric vehicles were delivered...

BAE Systems inks 7-year agreement with the Norwegian army

BAE Systems has signed a new 7-year support, sustainment, and readiness agreement with the Norwegian Army for its fleet of 144 CV90 Infantry Fighting...

CES 2022 kicks off in Las Vegas

The world’s most influential tech event with innovation set to boost health and safety and change lives across the world kicked off yesterday in...

Ericsson forecasts manufacturing transformation by 2030

The new report by Ericsson IndustryLab, titled The Rise of the Smarter, Swifter, Safer Production Employee, predicts transformation of manufacturing enterprises by 2030. The report...

Alstom opens Asia’s largest components manufacturing facility

Alstom has opened the largest components manufacturing in Asia that will create 10,000 direct and indirect jobs. The facility in Coimbatore will not only deliver...

Huawei, China Mobile and Haier to build smart factories

Huawei and China Mobile have announced that they will help Haier deploy 5G solutions in its smart factories across the world. China’s largest consumer electronics...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.