Small business optimism declines as expectations for better business conditions worsens in December
The NFIB Small Business Optimism Index declined 2.1 points in December to 89.8, marking the 12th consecutive month below the 49-year average of 98.
Renault, Plug Power to launch a 50-50 fuel cell JV
Groupe Renault has signed a Memorandum of Understanding (MoU) with Plug Power Inc., global leader in fuel cell systems and hydrogen related services, to...
Volvo to ramp up electric car manufacturing in Belgium
Swedish carmaker Volvo bas unveiled plans to triple electric car manufacturing capacity at its plant in Ghent, Belgium, in response to the fast growing...
NASA selects Firefly Aerospace to deliver a suite of research payloads to the moon...
American private aerospace firm Firefly Aerospace has secured a US$93.3 million contract from NASA to deliver a suite of 10 science investigations and technology...
Toyota announces West Virginia plant upgrade
Toyota Motor Corp announced it would invest $210 million at its plant in Buffalo, West Virginia, to increase assembly capacity of its four-cylinder engine...
Walmart to invest US$350bn in US manufacturing
US-based retail giant Walmart will invest US$350 billion in the future of US manufacturing over the next 10 years in a move that will...
GE Renewable Energy selected to repower Leeward’s Aragonne Wind Project in New Mexico
Leeward Renewable Energy has selected GE Renewable Energy as its wind turbine technology partner to repower its 90 MW Aragonne Wind Project in Guadalupe...
Denmark to build world’s first wind energy island in the North Se
The world's first artificial island and wind energy hub will soon rise in the North Sea thanks to efforts by the Danish Government.
Denmark's Ministry...
Magna building new Michigan plant to manufacture battery enclosures for GM’s new GMC Hummer...
Automotive contract manufacturer Magna has commenced construction on a new manufacturing facility in the US that will build complex battery enclosures for GM’s all-new...
Canadian manufacturing industry slips by 0.9% in July
Canada’s manufacturing sector saw its third consecutive monthly sales decline in July 2022, according to the country’s national statistical office.
Statistics Canada reported a slip...
Featured Article
How growth capital is helping an Australian manufacturer go global
There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.
