Tuesday, November 26, 2024

GE Aviation to concentrate 3D manufacturing research in a new West Chester facility

GE Aviation has announced a multi-million investment in a new facility in Butler County, Ohio, which will see the jet engine maker house all...

Stratasys acquires GrabCAD in an all-cash transaction

Stratasys, a leading provider of 3D printing and additive manufacturing solutions, has announced that it has successfully acquired GrabCAD, the leader of the Open...

Lockheed Martin adds electron beam additive manufacturing with Sciaky’s EBAM system

Lockheed Martin Space Systems has awarded a contract to Sciaky, a subsidiary of Phillips Service Industries, to provide the company with an electron beam...

Progressive Insurance selects BAE’s NetReveal solution to detect insurance frauds

US-based Progressive Insurance has selected the NetReveal® general insurance counter-fraud solution developed by BAE Systems Applied Intelligence to help the company identify claims fraud...

Airbus en route to revolutionise commercial air transport with fuel cells research

Airbus, the world’s leading commercial aircraft manufacturer, has announced that it has inked a partnership with South Africa’s National Aerospace Centre (NAC) to jointly fund...

Tesla Motors to build a $10bn battery gigafactory in Nevada

Tesla Motors has announced a $10 billion “gigafactory” in northern Nevada to produce lithium-ion batteries in partnership with Japanese electronics giant Panasonic. According to the...

LG Innotek develops world’s first “rare earth-free” automotive DCT motor

LG Innotek, the leading global components manufacturer, announced last week that it is the first company in the world to develop a "rare earth-free"...

Lockheed Martin acquires Astrotech Space Operations Business and Sun Catalytix Corporation

Global security and aerospace company Lockheed Martin last week announced the completion of two important acquisitions of assets – the Astrotech Space Operations business...

Universal Robots to launch next-gen lightweight robots

Universal Robots, the Danish manufacturer of flexible industrial robot arms, has released the third generation of the lightweight robots UR5 and UR10, with revised...

Ford recalls more than 160,000 vehicles

Ford issued a recall for more than 160, 000 vehicles in North America due to safety issues. According to ABC News, the recall involves 159,395...
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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.