Ex-BP boss Hayward could take role of chairman at Glencore Xstrata permanently
Former BP chief executive Tony Hayward is one of the three shortlisted candidates for the chairman position at commodities trading and mining firm Glencore...
Stratasys acquires two additive manufacturing companies
Stratasys Ltd. (NASDAQ:SSYS), the global leader in 3D printing and additive manufacturing solutions, has announced that it has entered into definitive agreements to acquire...
Euro manufacturing on road to recovery
Euro-area manufacturing seems to be showing encouraging signs of recovery after it had registered a steady growth of 53.0 points in March, which is...
GE Aviation set to open $100 million jet engine assembly factory in Indiana
GE Aviation, a global leader in jet engines and aircraft systems, yesterday announced that it will open a new $100 million jet engine assembly facility in...
China’s economic growth continues to shrink
Manufacturing activity in China’s factories has shrunk for five months straight in March, registering an eight month low of 48.1 from February’s final reading...
Strong jetliner demand propels Boeing to increase production rate
U.S. airplane manufacturer Boeing has announced that it has received 71 new orders for its 737 commercial jetliner in a week, taking its total...
Study finds consumers prefer aluminum closures for wines and spirits
A survey of five major European markets and the United States has found that consumers prefer aluminum closures for wines and spirits as it...
Alcoa expands wheel manufacturing plant in Hungary to meet European demand
Aluminum giant Alcoa is expanding its wheel manufacturing plant in Hungary through a US$13 million investment that would help the company meet growing demand for...
Walmart, Walmart Foundation and the U.S. Conference of Mayors launch $10 million U.S. Manufacturing...
Walmart, the Walmart Foundation and the United States Conference of Mayors (USCM) have launched the Walmart U.S. Manufacturing Innovation Fund which will award grants...
Silica manufacturer Evonik expands production in Thailand
Specialty chemicals manufacturer Evonik has expanded its production of precipitated silica in Rayong, Thailand, as the company increases its current capacity for various industries...
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The future of sports manufacturing: Inside M2M Group’s AI-powered strategy
As the sports manufacturing industry evolves, artificial intelligence (AI) is emerging as a critical catalyst for innovation and efficiency.
