Thursday, April 25, 2024

China’s low flash PMI readings instill fear in global markets

Concerns of a slowdown in the Chinese economy have deepened as a preliminary private survey released on Tuesday revealed a minor downturn in China’s...

Metal 3D printing market projected to reach $5.4B in 2023 amid economic challenges, says...

The seventh edition of Additive Manufacturing Research's "Metal AM Markets: 2023" report has forecasted that the metal 3D printing market will reach $5.4 billion in 2023, including $3.2 billion for contract services, $1.3 billion for hardware, and $920 million for materials.

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...

Meridian to begin construction of New Zealand’s second-largest wind farm

Meridian Energy, New Zealand's largest renewable energy power company, is set to begin construction of a new $395 million wind farm located within the...

Amazon unveils first manufacturing line in India

Amazon will begin manufacturing Amazon devices in India later this year. Amazon will commence manufacturing efforts in Chennai, India this year with contract manufacturer and...

Pentagon and Lockheed Martin reach deal on 71 more fighter jets for global JSF...

Aerospace and defense company Lockheed Martin and the Pentagon have reached an agreement on the orders for the next two batches of F-35 fighter...

Mitsubishi Heavy in advanced talks to supply parts for the F-35 stealth fighter

Mitsubishi Heavy Industries is in serious talks to become a supplier for the F-35 stealth fighter to Britain's BAE Systems, according to a Reuters...

Bombardier inks deal to sell 5 Q400 NextGen aircraft for US$160m

Bombardier Inc. signed a deal last month to sell five Q400 NextGen aircraft for US$160 million to airline leasing company GE Capital Aviation Services (GECAS). GE...

Researchers test low-carbon fuels on locomotive combustion test engine

The US Department of Energy's (DOE) Argonne National Laboratory and Progress Rail, a Caterpillar subsidiary, are working together to develop a variety of biodiesel and renewable diesel fuels with the goal of lowering the carbon intensity of the fuels used in the US freight rail industry.

US Navy taps SPEE3D to develop SUBSAFE manufacturing materials with CSAM technology

Victoria-based additive manufacturing company SPEE3D  announced that the US Navy has chosen its metal cold spray additive manufacturing (CSAM) technology to develop materials as a part of a Naval Sea Systems Command (NAVSEA) project.
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Beyond insights: How CRM solutions are transforming the manufacturing industry

The global manufacturing sector is witnessing a seismic shift in its automation approach as companies worldwide, big or small, grapple with the ongoing labour shortage and skills gap within the industry.