Tag: Manufacturing

Impact Newswire brings you the latest in Manufacturing news

Volkswagen
Middle East, United States

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

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Knudt Flor
Asia

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

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Verallia
Europe

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

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Allegion
Europe

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

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Schneider Electric
Europe

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

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Europe

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

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Astera Labs
United States

Astera Labs Set to Strengthen Global Footprint with Expansion into India

The new R&D site will support the company’s rapid growth as a leader in purpose-built connectivity solutions for AI and cloud infrastructure SANTA CLARA, Calif. – Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced its plan to expand operations to India. The new site to be opened in Bangalore later this year will tap … Continue reading Astera Labs Set to Strengthen Global Footprint with Expansion into India

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United States

Rivian and Volkswagen Group Announce Plans for Joint Venture to Create Industry-Leading Vehicle Software Technology and for Strategic Investment by Volkswagen

IRVINE, Calif. & WOLFSBURG, Germany – Rivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) have today announced their intention to form an equally controlled and owned joint venture (JV) to create next-generation electrical architecture and best-in-class software technology. The partnership is anticipated to accelerate the development of software for Rivian and Volkswagen Group. It is expected to allow both companies to combine … Continue reading Rivian and Volkswagen Group Announce Plans for Joint Venture to Create Industry-Leading Vehicle Software Technology and for Strategic Investment by Volkswagen

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Europe

Sidel Expands Central Asian Presence With New Office in Kazakhstan

PARMA, Italy – Sidel, a leading provider of equipment, services and complete line solutions for packaging liquids, foods, home, and personal care products, established a new office in Almaty, Kazakhstan on 12 June 2024. “Being closer to our customers will enable us to better understand the evolving market and consumer trends, helping to provide even more tailor-made solutions…” comments Marina De Barros, EVP Customer Management … Continue reading Sidel Expands Central Asian Presence With New Office in Kazakhstan

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