Shares of Seres Group fell on their debut in Hong Kong on Wednesday, the first US$1 billion IPO in the city this year not to register gains on the first day of trading. Seven other IPOs, including battery-maker Contemporary Amperex Technology (CATL), which raised US$5.3 billion in May, sizzled on debut. Trading under the stock… Continue reading Chinese EV maker Seres’ shares close unchanged in lacklustre Hong Kong debut
Tag: Manufacturing
Continental expands Mexican footprint with new $90m Aguascalientes plant
The ribbon-cutting ceremony at ContiTech’s Aguascalientes plant. Credits: Continental. German automotive parts manufacturer Continental AG has unveiled its new hydraulics production facility in Aguascalientes, Mexico. Initially announced in January 2024, Continental has invested $90m in the facility. The new plant, using advanced manufacturing, will deliver locally engineered solutions to meet regional needs. It will also generate more than 200… Continue reading Continental expands Mexican footprint with new $90m Aguascalientes plant
Goodyear Tire & Rubber Co (GT) Q3 2025 Earnings Call Highlights: Navigating Challenges with …
This article first appeared on GuruFocus. Revenue: $4.6 billion for the third quarter. Segment Operating Income: $287 million, an increase of $128 million compared to the second quarter. Net Loss: $2.2 billion, driven by non-cash non-recurring items including a deferred tax valuation allowance and a goodwill impairment in the Americas. Earnings Per Share (Adjusted): $0.28… Continue reading Goodyear Tire & Rubber Co (GT) Q3 2025 Earnings Call Highlights: Navigating Challenges with …
Samsung Electro-Mechanics Signs MOU with Sumitomo Chemical Group to Establish a Joint Venture for ‘Glass Core’ Used in Package Substrates
Strengthening strategic cooperation for next-generation semiconductor package core material ‘Glass Core’ Aiming to lead the glass substrate market by combining strengths in preparation for the AI era TOKYO and SEOUL, South Korea, Nov. 5, 2025 /PRNewswire/ — Samsung Electro-Mechanics announced on the 5th that it has signed a memorandum of understanding (MOU) with Sumitomo Chemical Group… Continue reading Samsung Electro-Mechanics Signs MOU with Sumitomo Chemical Group to Establish a Joint Venture for ‘Glass Core’ Used in Package Substrates
Ola Electric Begins Deliveries of Bharat Cell Vehicles
Ola Electric has commenced deliveries of its S1 Pro+ (5.2kWh) electric scooter, becoming the first vehicle from the company to feature its domestically manufactured 4680 Bharat Cell battery technology. The milestone makes Ola Electric the first Indian company to control both battery pack assembly and cell production internally, according to the manufacturer. The company recently… Continue reading Ola Electric Begins Deliveries of Bharat Cell Vehicles
Pavna Industries Establishes R&D Centre in Noida
Pavna Industries Limited has announced the establishment of a new Research and Development Centre in Sector-63, Noida, Uttar Pradesh. The facility represents the company’s continued investment in innovation and technology advancement within the automotive components sector. The R&D centre will concentrate on developing electronic components, lock systems, switches, and other advanced automotive solutions. According to… Continue reading Pavna Industries Establishes R&D Centre in Noida
Field Service Management Market worth $9.17 billion by 2030 | MarketsandMarkets™
DELRAY BEACH, Fla., Nov. 5, 2025 /PRNewswire/ — According to MarketsandMarkets™, the global Field Service Management Market is projected to reach USD 9.17 billion by 2030 from USD 5.10 billion in 2025, at a CAGR of 12.5%. Browse 240 market data Tables and 58 Figures spread through 279 Pages and in-depth TOC on “Field Service Management Market – Global… Continue reading Field Service Management Market worth $9.17 billion by 2030 | MarketsandMarkets™
EICMA: MINISTER GIORGETTI OPENS THE 82ND EDITION OF THE INTERNATIONAL TWO-WHEELER EXHIBITION
At Fiera Milano Rho, until Sunday, November 9, over 730 exhibitors from 50 countries: Milan returns as the world capital of motorcycling MILAN, Nov. 5, 2025 /PRNewswire/ — The 82nd edition of EICMA – International Two-wheeler Exhibition officially opened today in the presence of Minister of Economy and Finance Giancarlo Giorgetti. The event will run… Continue reading EICMA: MINISTER GIORGETTI OPENS THE 82ND EDITION OF THE INTERNATIONAL TWO-WHEELER EXHIBITION
Sargento Appoints New Chief Financial Officer and Shares Leadership Shifts in Tech, Governance, and Strategy
Robert Walmsley to join the family-owned, Wisconsin-based business as CFO; new changes in leadership also include Information Technology, Legal & Compliance, and Strategic Planning teams PLYMOUTH, Wis., Nov. 5, 2025 /PRNewswire/ — Sargento, the family-owned leader in natural cheese and snacking innovation, is pleased to announce that Robert “Bob” Walmsley has joined as the new… Continue reading Sargento Appoints New Chief Financial Officer and Shares Leadership Shifts in Tech, Governance, and Strategy
NewDay USA Expands NewDay Home Leadership Team, Deepening Commitment to Serving Veterans
Ken Harthausen and Neil Brooks to lead the launch of NewDay Home, expanding access to homeownership for Veterans WEST PALM BEACH, Fla., Nov. 5, 2025 /PRNewswire/ — NewDay USA, a leading national mortgage lending company serving the Veteran community, today announced two key leadership appointments to help lead the launch and expansion of the company’s… Continue reading NewDay USA Expands NewDay Home Leadership Team, Deepening Commitment to Serving Veterans