Facility will open in Q3 2023, manufacture injection molded parts and engineered plastics SOUTHFIELD, Mich., May 23, 2023 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced plans to open a Connection Systems plant in Morocco in the third quarter of 2023 that will manufacture injection molded… Continue reading Lear Adding Connection Systems Plant in Morocco
Tag: Manufacturing
Jungle Ventures leads $11m funding in NIC and India deals worth $416m
Jungle Ventures has led an $11-million growth equity funding round in Pune-based Walko Food-owned ice cream brand and quick-service restaurant (QSR) company NIC, the latter announced on Wednesday. The fresh funds will be deployed to expand Walko’s production capabilities, enhance its product offerings, and broaden its distribution reach, with the aim of capturing a larger… Continue reading Jungle Ventures leads $11m funding in NIC and India deals worth $416m
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BEIJING, May 24 (Reuters) – In the years before China declared U.S. firm Micron Technology’s (MU.O) products a national security risk, authorities were already scaling back purchases of its chips, opting instead for domestic or South Korean options, documents showed. A Reuters review of over a hundred public government tenders found that while previously Chinese… Continue reading Untitled
Logistics Automation Market to Hit $90.00 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, May 24, 2023 /PRNewswire/ — The global logistics automation market size is expected to reach USD 90.00 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 14.7% over the forecast period. Logistics operations are critical factors in the smooth functioning of… Continue reading Logistics Automation Market to Hit $90.00 Billion by 2030: Grand View Research, Inc.
CELULARITY ANNOUNCES $45 MILLION PURCHASE ORDER, FIRST MIDDLE EAST PRIVATE LABEL AGREEMENT FOR CELULARITY’S HALAL-CERTIFIED BIOMATERIAL PRODUCTS
Builds on Celularity’s December 2022 announcement of Halal Certification of its commercial-stage biomaterial products, and clinical and investigational stage cellular therapeutic programs Marks an important first step in Celularity’s expansion strategy into the Middle East with a priority focus on the GCC In line with Celularity’s mission to deliver cutting-edge biomaterial products that are manufactured… Continue reading CELULARITY ANNOUNCES $45 MILLION PURCHASE ORDER, FIRST MIDDLE EAST PRIVATE LABEL AGREEMENT FOR CELULARITY’S HALAL-CERTIFIED BIOMATERIAL PRODUCTS
Servo Motors and Drives Market to Surpass USD 18,383 Million Revenue by 2030, Says P&S Intelligence
NEW YORK, May 23, 2023 /PRNewswire/ — The global servo motors and drives market is projected to be worth USD 18,383 million by 2030, growing at a CAGR of 5.4%, according to P&S Intelligence. This can be credited to the improvements in technology, the execution of government guidelines, including Minimum Energy Performance Standards (MEPS), in numerous… Continue reading Servo Motors and Drives Market to Surpass USD 18,383 Million Revenue by 2030, Says P&S Intelligence
Boom Supersonic and Dimensional Energy Announce Sustainable Aviation Fuel Offtake Agreement
Boom furthers net zero carbon commitment with purchase of 5 million gallons of SAF per year made from captured carbon emissions DENVER, May 23, 2023 /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, announced today it has signed a sustainable aviation fuel (SAF) offtake agreement with Dimensional Energy, which produces carbon neutral… Continue reading Boom Supersonic and Dimensional Energy Announce Sustainable Aviation Fuel Offtake Agreement
Logistics Automation Market to Hit $90.00 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, May 24, 2023 /PRNewswire/ — The global logistics automation market size is expected to reach USD 90.00 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 14.7% over the forecast period. Logistics operations are critical factors in the smooth functioning of… Continue reading Logistics Automation Market to Hit $90.00 Billion by 2030: Grand View Research, Inc.
South India emerges as key contributor in achieving India’s EV goals and global EV hub ambitions
India has emerged as the driving force of electric mobility in India and Tamil Nadu, in particular, is taking a pole position with the commitment of all support from State government in terms of attracting investment to facilitating industries and Start-Ups of the sector to flourish, Vishnu Venugopalan representing the Department of Industries, the government… Continue reading South India emerges as key contributor in achieving India’s EV goals and global EV hub ambitions
South India emerges as key contributor in achieving India’s EV goals and global EV hub ambitions
India has emerged as the driving force of electric mobility in India and Tamil Nadu, in particular, is taking a pole position with the commitment of all support from State government in terms of attracting investment to facilitating industries and Start-Ups of the sector to flourish, Vishnu Venugopalan representing the Department of Industries, the government… Continue reading South India emerges as key contributor in achieving India’s EV goals and global EV hub ambitions