Manufacturing Industry News
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Facedrive bought COVID-19 devices from China as Ontario government touted $2.5-million funding for local manufacturing
Please log in to bookmark this story. Create Free Account Facedrive Inc. spent millions of dollars to buy physical-distancing devices from a Chinese manufacturer, raising questions about funding it received from the Ontario government to build the…
The increase of use of Internet of Things in car manufacturing and how it can help the industry
It's safe to say that the car manufacturing industry has changed drastically in the last few decades. The main reason for this is the advancement in technology. The latest development in this industry is the appearance of, so-called smart cars and…
Senator: Manufacturing sector contributes most, received relevant tax relief under Income Tax Act
SIBU (Oct 25): The manufacturing sector contributes the most and receives the relevant tax relief under the Income Tax Act 1967, said Senator Robert Lau. He said that this was the Finance Ministry's (MOF) written reply to his question at the Senate…
Hexagon's ESPRIT becomes first hybrid manufacturing software partner for Meltio Engine
3D printer manufacturer Meltio has integrated ESPRIT TNG hybrid manufacturing CAM software from Sweden-based global technology company Hexagon into its Meltio Engine system. Through the deal, Hexagon becomes the first hybrid manufacturing software…
Ashtabula County manufacturer lands state tax credit for growth
Iten Defense LLC, an Ashtabula County manufacturer of composite armor products used by police and military clients, plans to add 102 jobs over the next five years. The Ohio Tax Credit Authority signed off Monday, Oct. 25, on an incentive tied to…
Atos: On smart manufacturing for competitive advantage
“One of the plant managers told me that there was a change in culture among staff working different shifts as they became more competitive. It's that kind of culture you want to create, a sense of pride in the fact you have an operation…
PEZA approves Israeli-Filipino vaccine manufacturing project
Israeli-Filipino joint venture Savepoint Biotek has been approved as manufacturer of oral COVID-19 vaccines with projected annual sales of $180 million from the Philippines and export markets. The Philippine Economic Zone Authority (PEZA) Board has…
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India Insight: Climate fight goes way beyond coal
MUMBAI, Oct 26 (Reuters Breakingviews) - India is part of the global climate solution, not just part of a dirty problem to be fixed. That's the grand message Prime Minister Narendra Modi might prefer to emphasise when he attends read more the…
Atos named a Leader in Digital Manufacturing Services by Global Analyst firm NelsonHall
Atos named a Leader in Digital Manufacturing Services by Global Analyst firm NelsonHall Paris, October 26, 2021 – Atos today announced it has been positioned as a leader in Digital Manufacturing Services by global analyst firm NelsonHall in…
Consumer Goods Prices Rise as Manufacturers Grapple With Higher Costs
Consumers are feeling the strain on their wallets as they pay more on their weekly grocery shopping trips. Prices for staples such as milk, coffee and shampoo are on the rise, and the multinational conglomerates that produce them, such as Danone…
New Haven Public Schools to Offer Students Manufacturing Training
Kids in New Haven Public Schools will soon have a chance to graduate high school with a leg up in the manufacturing industry. The district and Gateway Community College announced a new program Monday that will give students the chance to…
Fingers Crossed On Passage Of $2M Program Preparing High Schoolers For Manufacturing Jobs
New Haven Public Schools (NHPS) leaders have their fingers crossed that a U.S. House-passed bill promising to create a college-credited manufacturing program for local high schoolers will also pass the Senate next month. A celebratory announcement…
European carmakers warn industry risks a repeat of chip shortage crisis
European carmakers must cut their reliance on Asia for semiconductors or risk a repeat of the crisis that has led to factory shutdowns across the continent, the head of the region's auto association has warned. Volkswagen, BMW and Renault are among…
Four winning bidders in India's gigawatt-scale solar manufacturing tender
The Indian government's INR4500-crore ($599 million) production-linked incentive scheme, to support the gigawatt-scale manufacturing of high-efficiency solar modules, has concluded, with at least four players emerging as beneficiaries. Jindal India…
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S&P, Dow futures hit record highs as investors eye tech earnings
Futures up: Dow 0.36%, S&P 0.40%, Nasdaq 0.56% Oct 26 (Reuters) - The S&P 500 and Dow futures hit record highs on Tuesday as Facebook rose after its quarterly results and a share buyback plan, turning the spotlight on its technology peers set to…
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