Global manufacturing PMI remains in contractionary territory at end of 2023
The global manufacturing sector continued to see contractionary conditions in the last month of 2023 as intakes of new business shrunk further, driving production to decline for the seventh consecutive month.
China’s factory activity shows improvement in December
Market activity in China’s manufacturing sector saw improvement in the last month of 2023, according to the latest Caixin China General Manufacturing Purchasing Manager’s Index (PMI) report.
Canada invests in defence tech with MQ-9B SkyGuardian fleet purchase
The Government of Canada has finalised a contract with General Atomics Aeronautical Systems, Inc (GA-ASI) to acquire a fleet of MQ-9B SkyGuardian Remotely Piloted Aircraft Systems (RPAS).
Bosch deploys generative AI at manufacturing plants in Germany
Global technology giant Bosch is implementing generative artificial intelligence and foundation models at its plants in Germany to speed up production and enhance efficiencies.
Euro Manganese cheers proposed AUD 4.9B Innovation Fund
ASX-listed Euro Manganese Inc has welcomed the European Commission's proposal for a new €3 billion (AUD 4.9 billion) fund dedicated to advancing the growth of the electric vehicle (EV) battery industry within the European Union (EU).
Global Manufacturing activity sees slower downturns in November
The Global manufacturing sector is moving closer to stabilisation in November, according to the latest composite index from JP Morgan and S&P Global.
Nissan announces massive investment to boost EV manufacturing in UK
Global automobile manufacturing giant Nissan announced up to a GBP 3 billion (AUD 5.7 billion) investment to make 100 per cent electric versions of two models at its UK plant, delivering a significant boost to the United Kingdom’s auto industry.
Markforged’s cutting-edge FX10 3D printer debuts at Formnext 2023
Additive manufacturing company Markforged has unveiled its newest industrial 3D printer, the FX10, designed to enhance manufacturing productivity and efficiency while offering significant cost savings at the Formnext 2023 event.
UC Berkeley’s novel 3D printing method elevates quantum sensor manufacturing
Researchers at the University of California, Berkeley, have developed a groundbreaking fabrication technique that allows the creation of complex 3D structures for quantum sensing particles.
China’s manufacturing PMI signals deteriorating conditions in October
China’s manufacturing industry experienced a slight setback in October, with the latest Purchasing Managers’ Index (PMI) data from Caixin and S&P Global revealing deterioration in production as a result of slower sales.
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The future of sports manufacturing: Inside M2M Group’s AI-powered strategy
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