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Allied Elecronics launch Accelerate program for start-ups

Allied Elecronics launch Accelerate program for start-ups

Allied Electronics & Automation, a Texas-based omni-channel provider of product and service solutions, is pleased to announce the new RS DesignSpark Accelerate program. The new incubator program will be housed at the RS DesignSpark Innovation Center in...

FREYR Battery to open landmark assembly plant in Atlanta

FREYR Battery to open landmark assembly plant in Atlanta

FREYR Battery, a developer of clean, next-generation battery cell production capacity, has announced that it has chosen and completed the purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The company selected the Bridgeport...

Manufacturing accounts for two thirds of UK’s R & D

Manufacturing accounts for two thirds of UK’s R & D

Data released from a report carried out by Make UK shows that although the UK manufacturing sector makes up only 22% of the value of all Research & Development tax expenditure, it is however responsible for 64% of all UK research and development (R&D)...

Ford to shed 3000 jobs in US

Ford to shed 3000 jobs in US

Ford Motor Co. announced on Monday, August 22 that it would cut 3,000 jobs, most of them in the United States. According to a company-wide memo from Ford Executive Chair Bill Ford and CEO Jim Farley, the cuts are meant to reduce costs as the company reorganizes around...

Emerson and BayoTech team up for Hydrogen venture

Emerson and BayoTech team up for Hydrogen venture

Global industrial software and technology leader Emerson has announced a multiyear strategic framework agreement with BayoTech, an innovator in hydrogen solutions, which is designed to accelerate the delivery of hydrogen around the world. Emerson claims it will...

US industrial ouput rebounds strongly in July

The Federal Reserve yesterday announced that a solid rebound in American manufacturing, particularly in vehicles, following two months of declines, had helped push overall industrial production up in July. The data from the Federal Reserve report revealed that a...

Congress ratifies CHIPS act

Congress ratifies CHIPS act

The long-awaited CHIPS-Plus Act finally passed through the Senate lasy week as the semiconductor subsidy measure amassed 64 votes in favor to beat 33 against. Trade groups representing manufacturers and semiconductor companies hailed the bill’s passage to the House of...

Ford creates 6,200 new jobs

Ford creates 6,200 new jobs

Ford Motor Co. has revealed details of its plans to add more than 6,200 new U.S. manufacturing jobs in the Midwest, converting nearly 3,000 temporary UAW-Ford workers to permanent full-time status as well as providing all hourly employees healthcare benefits on the...