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

Astera Labs

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

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

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

EVgo Names Keith Hutchison as Company’s First Chief People Officer

Addition of dedicated People role to Executive Leadership Team reinforces EVgo’s commitment to being an employer of choice in the EV charging industry amid a shifting competitive landscape LOS ANGELES – EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the appointment of Keith Hutchison as Chief People Officer (CPO). Hutchison … Continue reading EVgo Names Keith Hutchison as Company’s First Chief People Officer