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Magnis Energy subsidiary signs battery manuacturing JV with Omega Seiki Mobility

Magnis Energy Technologies announced that its subsidiary, iM3NY, has entered into a joint venture agreement with Indian electric vehicle manufacturer Omega Seiki Mobility (OSM) for the manufacture and sale of lithium-ion battery packs.
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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.