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EV manufacturer NIO to temporarily halt production due to semiconductor shortage

Chinese electric vehicle maker NIO Inc. will temporarily suspend vehicle production activity in the JAC-NIO manufacturing plant in Hefei, China due to semiconductor shortage. Founded...
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APS Industrial expands regional footprint with Control Technologies acquisition

APS Industrial (APS) is expanding its regional presence through the acquisition of Albury-based Control Technologies, a move the industrial products supplier said will strengthen its local service capability and support further investment in warehousing, stockholding and technical support.