NEW YORK & PITTSBURGH – Lightweight metals leader Alcoa (NYSE:AA) is expanding its R&D center in Pennsylvania to accelerate the development of advanced 3D-printing materials and processes. Alcoa will produce materials designed specifically for a range of additive technologies to meet increasing demand for complex, high-performance 3D-printed parts for aerospace and other high-growth markets such […]
SHANGHAI, – Johnson Controls plans to build a new automotive battery manufacturing facility in the city of Shenyang in northeastern China as it continues to invest in the world’s largest new vehicle market. Johnson Controls has signed an investment agreement for a $200 million state-of-the-art plant that is located in the Tiexi District of Shenyang, […]
PEORIA, Ill. – Caterpillar Inc. (NYSE: CAT) today announced it will begin independently designing and manufacturing its vocational truck product family at its plant in Victoria, Texas. The plant, which opened in 2012, currently produces hydraulic excavators. “The on-highway vocational truck product family is important to our product line; customers like our trucks and want […]
Rockford, IL— Greenlee® / A Textron Company (NYSE: TXT) announced the acquisition from its joint venture partners of the remaining interest in Endura-Greenlee Tools (Shanghai) Co., Ltd., a professional hand tools manufacturer for residential, construction, industrial, and automotive channels. Greenlee established the Endura-Greenlee Tools joint venture in 2010 to expand Greenlee’s presence in China through […]
The European Commission has approved under the EU Merger Regulation the proposed acquisition of rotating equipment manufacturer Dresser-Rand of the US by Siemens of Germany. Both companies supply turbo compressors as well as the engines which drive these compressors (“drivers”). There are different kinds of drivers including aero-derivative gas turbines (“ADGT”), industrial gas turbines (“IGT”), […]
GUANGZHOU, CHINA – The Dow Chemical Company (NYSE: DOW) is participating at Chinaplas 2015, located at Hall 10.2, Booth G-41 at the China Import & Export Fair Complex in Pazhou, Guangzhou. Dow’s Packaging and Specialty Plastics business will showcase its leading innovation and collaboration on packaging technologies and solutions that address China’s packaging needs at […]
London/Rotterdam – Unilever today announced plans to partner with leading mass movements, Global Citizen and Live Earth: Road to Paris, in line with its ambition to grow its business while reducing its environmental footprint and increasing its positive social impact. This is the first time that the company has partnered with two global movements on […]
April saw a marked slowdown in the rate of expansion of the UK manufacturing sector. Output rose at the weakest pace since November last year, while the base of the upturn narrowed and became further skewed towards the consumer goods sector. The seasonally adjusted Markit/CIPS Purchasing Manager’s Index® (PMI®) posted 51.9 in April, a seven-month […]
WILMINGTON, Del., – Today, DuPont announced it has agreed to acquire Taxon Biosciences, Inc., a leading microbiome discovery company. This acquisition will build on DuPont’s in-house capabilities and unparalleled market access in both seed and crop protection to discover and commercialize biological solutions for agriculture customers globally. “In 2014, the businesses in DuPont’s Agriculture, Nutrition […]
LOUISVILLE, Ky., — (NYSE: GE) Spichers Appliance has vowed to responsibly recycle about 10,000 appliances annually through a recycling program championed by GE Appliances. The family-owned, independent retailer based out of Hagerstown, Md., joins the ranks of other large national retailers to support innovative approaches to recycling. Spichers will use the services of ARCA Advanced […]
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