Brooks sells its automation business for US$3bn
Brooks Automation has reached an agreement to sell its semiconductor solutions unit to Thomas H. Lee Partners (THL) for US$3.0 billion in cash.
Brooks’ automation...
Perpetuwave Power UK Ltd awarded European grant
Wave energy developer Perpetuwave Power has announced that its recently established subsidiary, Perpetuwave Power UK Ltd, has been awarded a $113,000 grant from the...
The world’s two biggest beer producers to merge and create a new beer giant
SABMiller has accepted an increased takeover bid from rival Anheuser-Busch InBev.
The deal, worth around $104 billion, will result in a new company that will...
GM and Lyft to develop self-driving taxis
General Motors has announced that it will invest $500 million in the car-service app Lyft to develop a whole fleet of self-driving taxis.
The two...
Norsk Titanium cleared to deliver 3D printed precision structural parts for aerospace & defence
Norsk Titanium AS, the leading supplier of aerospace-grade, 3D printed structural titanium components, has achieved Technology Readiness Level Eight (TRL 8) after completing a...
GE set to acquire LM Wind Power
GE has launched a $1.65 billion offer to acquire LM Wind Power, a Denmark-based manufacturer and supplier of rotor blades to the wind industry,...
Massive strike at a major supplier in China prompts Adidas to shift orders elsewhere
Around 50,000 factory workers went on strike at Yue Yuen Industrial, a major Adidas and Nike supplier in the southern Chinese city of Dongguan,...
AstraZeneca enlists Germany’s IDT to meet COVID-19 jab demand in the EU
AstraZeneca and IDT Biologika's joint investment will boost vaccine manufacturing capability and address jab shortages in Europe.
Leading coronavirus vaccine maker AstraZeneca announced yesterday that...
Alcoa to sell Warrick rolling mill for A$910m
Alcoa Corporation has agreed to sell its rolling mill business, held by Alcoa Warrick LLC, to Kaiser Aluminum Corporation in a deal valued at...
Airframe and assembly assortment expands global offer
Media Release
Dormer Pramet has added hundreds of new products to its global assortment of cutting tools, with a specific focus on airframe and assembly...
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APS Industrial brings Siemens’ next-gen PLC to Aussie manufacturers
As the manufacturing industry advances towards greater automation and digitalisation, companies are seeking smarter and more efficient control solutions to enhance their operations.
