New Delhi: Tata Motors on Monday announced the signing of a tripartite pact with Ford and the Gujarat government to acquire the American auto major’s vehicle manufacturing plant at Sanand. A memorandum of understanding (MOU) was signed between Tata Passenger Electric Mobility Ltd (TPEML) — a subsidiary of Tata Motors — and Ford India Pvt…
Commonwealth Bank of Australia’s head of business banking Mike Vacy-Lyle said more than half of the bank’s customers were able to pass on increasing costs to their customers, with overall confidence in the outlook holding firm despite inflationary pressures. “Business confidence is still very high,” Mr Vacy-Lyle said. “We expect this to soften over the…
APRIL has been awarded for its initiatives in waste paper recycling under its “Paper Once More!” Circular Economy campaign. To date, over 156.4 million sheets of paper have been collected and recycled under the campaign. SINGAPORE, May 26, 2022 /PRNewswire/ — Leading sustainable fibre, pulp and paper producer Asia Pacific Resources International Limited (“APRIL“) announced that…
Analysts say the impact of Covid-19 on manufacturing in China is a short-term concern as regions such as Shanghai prepare to reopen after months in lockdown. A long-term impact on brands is still rising manufacturing costs, which have been increasing prior to the pandemic, as a result of rising material costs, inflation and rising labour…
CERRITOS, CALIF. — T. Hasegawa USA has opened a new 60,000-square-foot manufacturing plant in Rancho Cucamonga, Calif. According to the company, the new facility augments its manufacturing resources in the US market by 50% and expands capabilities in sweet flavor production and technology. “Our business has experienced rapid, organic growth in recent years, and this…
South Carolina landed three metro areas among the nation’s top 100 for manufacturing growth between 2010 and 2020, according to a new report by research group Construction Coverage. The Spartanburg metro area, home to German automaker BMW Manufacturing and dozens of automotive suppliers, finished at No. 11 among the nation’s 313 metros. Spartanburg had a score of 82.9…
EVANSTON, Ill., May 17, 2022–(BUSINESS WIRE)–The global professional services firm ZS announced today it is making a multimillion-dollar investment in and partnering with Quartic.ai, an enterprise-scale AI platform that advances autonomous manufacturing. This partnership aims to improve how manufacturers in life sciences and healthcare use technology, data and artificial intelligence (AI) to speed up the…
6K Additive’s sustainably produced powders will be qualified for full industrialization and high-volume production. NORTH ANDOVER, Mass., May 17, 2022 /PRNewswire/ — 6K Additive, a division of 6K, the leader in the production of sustainable advanced materials for additive manufacturing and energy storage, has announced that Morf3D, a solution integrator leader in additive manufacturing for aerospace innovation, are…
