The Lesjӧfors Group, market leaders in spring and pressing manufacture, has further increased its operations in Eastern Europe with the opening of a new manufacturing facility in Poland, alongside its subsidiary Alcomex. Investments have also been made in India. Increasing production in Poland and India The new production site in Marki, Poland, divides the custom-made… Continue reading Poland and India expansions for spring manufacturer, the Lesjӧfors Group
Tag: Contract Manufacturer
SKF and voestalpine reach milestone to decarbonize bearing production
GOTHENBURG, Sweden, July 10, 2024 /PRNewswire/ — SKF and voestalpine Wire Technology, a subsidiary of the leading steel and technology group voestalpine, have successfully produced the first prototype bearing made from steel that contains hydrogen direct reduced iron (H-DRI). This represents a breakthrough in the efforts to decarbonize bearing production as H-DRI is a low… Continue reading SKF and voestalpine reach milestone to decarbonize bearing production
SKF and voestalpine reach milestone to decarbonize bearing production
GOTHENBURG, Sweden, July 10, 2024 /PRNewswire/ — SKF and voestalpine Wire Technology, a subsidiary of the leading steel and technology group voestalpine, have successfully produced the first prototype bearing made from steel that contains hydrogen direct reduced iron (H-DRI). This represents a breakthrough in the efforts to decarbonize bearing production as H-DRI is a low… Continue reading SKF and voestalpine reach milestone to decarbonize bearing production
LG Honored at Volkswagen Group Award 2024
July 8, 2024 LG Honored at Volkswagen Group Award 2024 Open share list Share this content. Recognized in the Partnership Category of Volkswagen’s Annual Awards for Suppliers,LG Reaffirms Its Status as a Leader in Automotive Electronics SEOUL, July 8, 2024 — LG Electronics (LG) has been honored at the Volkswagen Group Award 2024, which took… Continue reading LG Honored at Volkswagen Group Award 2024
LG HONORED AT VOLKSWAGEN GROUP AWARD 2024
Recognized in the Partnership Category of Volkswagen’s Annual Awards for Suppliers, LG Reaffirms Its Status as a Leader in Automotive Electronics SEOUL, South Korea, July 8, 2024 /PRNewswire/ — LG Electronics (LG) has been honored at the Volkswagen Group Award 2024, which took place in Wolfsburg, Germany, on July 2. LG was recognized by the Volkswagen… Continue reading LG HONORED AT VOLKSWAGEN GROUP AWARD 2024
Aptiv (APTV) Stock Falls 22% Year to Date: Buy, Hold or Sell?
Aptiv PLC APTV has seen its stock decline 22% year to date, a significant drop compared to the 19% rally of the industry it belongs to and a 17% rise in the Zacks S&P 500 composite. This decline aligns with the performance of its closest competitors, Magna International MGA, which has fallen by 28%, and Visteon… Continue reading Aptiv (APTV) Stock Falls 22% Year to Date: Buy, Hold or Sell?
@Tata-JLR: JLR’S FIRST QUARTER SALES INCREASE YEAR ON YEAR
JLR’s Reimagine strategy is delivering a sustainability‑rich vision of modern luxury by design. We are transforming our business to become carbon net zero across our supply chain, products, and operations by 2039. We have set a roadmap to reduce emissions across our own operations and value chains by 2030 through approved, science‑based targets. Electrification is… Continue reading @Tata-JLR: JLR’S FIRST QUARTER SALES INCREASE YEAR ON YEAR
Automotive Active Safety System Market size is set to grow by USD 2.19 billion from 2024-2028, Increase in safety concerns boost the market, Technavio
NEW YORK, July 4, 2024 /PRNewswire/ — The global automotive active safety system market size is estimated to grow by USD 2.19 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 3.31% during the forecast period. Increase in safety concerns is driving market growth, with a trend towards growing development of ai-enabled adas solutions.… Continue reading Automotive Active Safety System Market size is set to grow by USD 2.19 billion from 2024-2028, Increase in safety concerns boost the market, Technavio
On Semiconductor (ON) Expands Portfolio With SWIR Acquisition
On Semiconductor ON is expanding its footprint in the intelligent image sensing industry by acquiring SWIR Vision Systems, a leading provider of CQD (colloidal quantum-dot-based) short wavelength infrared (SWIR) technology. The acquisition enhances ON’s portfolio by integrating advanced SWIR capabilities into its industry-leading Complementary Metal-Oxide-Semiconductor (CMOS) sensors, enabling the detection of extended light spectra for… Continue reading On Semiconductor (ON) Expands Portfolio With SWIR Acquisition
Baby Car Seat Market size is set to grow by USD 1.14 billion from 2024-2028, Increase in number of government guidelines and regulations on child safety to boost the market growth, Technavio
NEW YORK, July 4, 2024 /PRNewswire/ — The global baby car seat market size is estimated to grow by USD 1.14 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.69% during the forecast period. Increase in number of government guidelines and regulations on child safety is driving market growth, with a… Continue reading Baby Car Seat Market size is set to grow by USD 1.14 billion from 2024-2028, Increase in number of government guidelines and regulations on child safety to boost the market growth, Technavio