Tag: Contract Manufacturer

Eka Mobility charts global electric vehicle expansion

Eka Mobility, an emerging electric vehicle manufacturer, is poised to enter international markets with 11 new platforms targeting electric buses, trucks, and small commercial vehicles. The company aims to expand into Africa, the Middle East, and Southeast Asia, leveraging strategic partnerships with Mitsui & Co. and VDL Groep. The company’s growth strategy involves developing region-specific… Continue reading Eka Mobility charts global electric vehicle expansion

Tata acquires second iPhone maker, Pegatron, boosts EMS play

In a move that further solidifies its ambitions in the global electronics manufacturing sector, Tata Electronics Private Limited (“TEPL”) announced today the acquisition of a controlling 60% stake in Pegatron Technology India Private Ltd (“PTI”), a contract manufacturer of iPhones in India. This landmark acquisition marks Tata Electronics’ second major foray into iPhone assembly in… Continue reading Tata acquires second iPhone maker, Pegatron, boosts EMS play

The Demise of DEI: A New Dawn for Black Economic Autonomy with the Inauguration of Black Business Enterprise (BBE) Certification, Echoing Booker T. Washington’s Legacy

The National Business League Secures Historic USPTO Federal Trademark for Black Business Enterprise (BBE), Revolutionizing Economic Equity and Sovereignty for Black Entrepreneurs Globally TUSKEGEE, Ala., Jan. 23, 2025 /PRNewswire/ — More than six decades or 61 years after the Civil Rights Act of 1964, Black communities remain tethered to systemic inequities. Today, the National Business… Continue reading The Demise of DEI: A New Dawn for Black Economic Autonomy with the Inauguration of Black Business Enterprise (BBE) Certification, Echoing Booker T. Washington’s Legacy

The short but vibrant life of Britain’s Pininfarina

Somewhere in the Sussex town of Worthing sits a grey business estate, the likes of which can be found anywhere in the country. Yet it was right here that many of the beloved cars and wild motor show concepts of the 1980s and 1990s were designed by a creative agency the equal of Italy’s iconic… Continue reading The short but vibrant life of Britain’s Pininfarina

Valmet to supply modernization of a heating plant for ŠKO-ENERGO, s.r.o. in the Czech Republic

Valmet Oyj press release, January 22, 2025, at 11:00 a.m. EET ESPOO, Finland, Jan. 22, 2025 /PRNewswire/ — Valmet is to supply the modernization of ŠKO-ENERGO’s heating plant in Mladá Boleslav, Czech Republic. The project includes converting the two existing circulating fluidized bed (CFB) boilers from coal to biomass and delivering a new bubbling fluidized bed… Continue reading Valmet to supply modernization of a heating plant for ŠKO-ENERGO, s.r.o. in the Czech Republic

Rion M. Vaughan Joins Rubin and Rudman’s Bankruptcy and Creditors’ Rights Practice Group

BOSTON, Jan. 21, 2025 /PRNewswire/ — Rubin and Rudman is pleased to announce that Rion M. Vaughan has joined the firm as a partner in the Bankruptcy and Creditors’ Rights practice group. With extensive experience in insolvency, distressed asset transactions, and complex commercial litigation, Vaughan adds a multidimensional perspective to the firm’s accomplished team of bankruptcy attorneys.… Continue reading Rion M. Vaughan Joins Rubin and Rudman’s Bankruptcy and Creditors’ Rights Practice Group

Valmet to supply an off-machine coater to a customer in Asia-Pacific

Valmet Oyj press release, January 21, 2025, at 11:00 a.m. EET ESPOO, Finland, Jan. 21, 2025 /PRNewswire/ — Valmet is to supply a high-speed off-machine coater with automation and services to a customer in Asia-Pacific. The coating machine is designed for coated special paper grades and will include Valmet’s latest curtain coating technology. The order is… Continue reading Valmet to supply an off-machine coater to a customer in Asia-Pacific

Kinetic Engineering Promoters step in with growth funds via preferential issue

Pune-based automobile maker Kinetic Engineering has obtained the approval of its board of directors to raise up to Rs 177 crore, mostly from its promoters. Going by the disclosure, the money will be raised by issuing warrants that can be converted to shares within 18 months at the rate of Rs 171 per warrant. Kinetic… Continue reading Kinetic Engineering Promoters step in with growth funds via preferential issue

Global companies likely to be affected by Trump’s promised tariffs

In the first half of 2024, nearly 40,000 cars were exported to the U.S., according to the Mexican Automotive Manufacturers Association. U.S. President Trump said he could impose 25% tariffs on Canada and Mexico from Feb. 1, sending shares of several Asian automakers and battery firms lower in trading on Tuesday. Here are companies that… Continue reading Global companies likely to be affected by Trump’s promised tariffs