FANUC America Unveils New $110 Million Robotics and Automation Campus

by FANUC America | Jul 10, 2024 FANUC America has expanded its footprint to over 2 million square feet and has created over 400 jobs since 2019. Auburn Hills, MI – (July 10, 2024) – FANUC America, the global leader in robotics and automation systems, today officially unveiled its new 650,000 square foot West Campus facility in Auburn Hills, Michigan. The expansion increases the footprint in … Continue reading FANUC America Unveils New $110 Million Robotics and Automation Campus

AMD

AMD to Acquire Silo AI to Expand Enterprise AI Solutions Globally

ꟷ Europe’s largest private AI lab to accelerate the development and deployment of AMD-powered AI models and software solutions ꟷ ꟷ Enhances open-source AI software capabilities for efficient training and inference on AMD compute platforms ꟷ SANTA CLARA, Calif., July 10, 2024 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) today announced the signing of a definitive agreement to acquire Silo AI, the largest private AI lab in Europe, in … Continue reading AMD to Acquire Silo AI to Expand Enterprise AI Solutions Globally

Serta Simmons Bedding

Serta Simmons Bedding Appoints Cesar Perez as Chief Financial Officer

DORAVILLE, Ga. – Serta Simmons Bedding (SSB), a leading global sleep company, announced today that Cesar Perez has been appointed Chief Financial Officer (CFO), effective July 8, reporting into newly appointed Chief Executive Officer Jim Loree. Perez will also serve as a member of the company’s senior leadership team. “Serta Simmons Bedding has an incredible portfolio of powerful brands” Post this As CFO, Cesar will … Continue reading Serta Simmons Bedding Appoints Cesar Perez as Chief Financial Officer

Volkswagen

Volkswagen Group Names Mobileye Among Top Suppliers for 2024

JERUSALEM – For the 20th year, Volkswagen AG has recognized its best suppliers globally, awarding a select group of 10 firms the prestigious Volkswagen Group Award for 2024. Mobileye (Nasdaq: MBLY) was honored to receive the award for Digitalization at a special event in Wolfsburg on July 2. “It’s a testament to the dedication of our teams and the spirit of innovation in road safety, … Continue reading Volkswagen Group Names Mobileye Among Top Suppliers for 2024

Knudt Flor

AESC Appoints Knudt Flor as CEO for United States and Europe

Flor will also serve as Global Head of Quality, reporting to CEO Shoichi Matsumoto YOKOHAMA, Japan – AESC, a Japan-based global leader in high-performance battery technology for electric vehicles and energy storage systems, today announced the appointment of Knudt Flor as Chief Executive Officer (CEO) for U.S. and Europe and as Global Head of Quality. He will be based in Murfreesboro, Tennessee. “I am excited … Continue reading AESC Appoints Knudt Flor as CEO for United States and Europe

Verallia

Verallia has Successfully Completed the Acquisition of Vidrala’s Glass Business in Italy

PARIS – Regulatory News: “I’m delighted with the outcome of this acquisition project, which will enable us to improve our industrial footprint in Italy, enhancing our ability to satisfy the expectations and needs of our customers.” Post this Following satisfaction of the regulatory filling and other conditions precedent, Verallia (Paris:VRLA) confirms that the acquisition of Vidrala’s glass business in Italy, for an enterprise value of … Continue reading Verallia has Successfully Completed the Acquisition of Vidrala’s Glass Business in Italy

Allegion

Allegion Appoints Stacy Cozad as New General Counsel

DUBLIN – Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has appointed Stacy Cozad as senior vice president, general counsel and corporate secretary, effective Aug. 5, 2024. In this role, Cozad will have responsibility for Allegion’s global legal affairs, trade compliance, enterprise risk management and corporate communications functions. She will succeed Jeff Braun, who has announced plans to retire on Dec. 31, … Continue reading Allegion Appoints Stacy Cozad as New General Counsel

Schneider Electric

Schneider Electric Named Top International Corporate Citizen in Canada

MISSISSAUGA, Ontario – Schneider Electric, the leader in the digital transformation of energy management and automation, has been recognized as one of the Top International Corporate Citizens in Canada by Corporate Knights. This prestigious award underscores Schneider Electric’s commitment to sustainability and its contributions to the Canadian economy through innovative and responsible business practices. “This award validates our ongoing efforts to integrate sustainability and innovation … Continue reading Schneider Electric Named Top International Corporate Citizen in Canada

Airbus enters agreement with Spirit AeroSystems

Amsterdam, 1 July 2024– Airbus SE (stock exchange symbol: AIR) has entered into a binding term sheet agreement with Spirit AeroSystems in relation to a potential acquisition of major activities related to Airbus, notably the production of A350 fuselage sections in Kinston, North Carolina, U.S., and St. Nazaire, France; of the A220’s wings and mid-fuselage in Belfast, Northern Ireland, and Casablanca, Morocco; as well as of … Continue reading Airbus enters agreement with Spirit AeroSystems