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Logistics, Process

Musk says Saudi fund supports Tesla buyout, talks continue

August 13, 2018

Via: Reuters

Tesla (TSLA.O) Chief Executive Elon Musk said on Monday he was still in talks with potential backers of a possible buyout of the company, including Saudi Arabia’s sovereign wealth fund, but had not completed securing the funding. In a blog […]


Industry Focus Areas, Motorized Vehicle

Trump Backs Harley Boycott If Some Production Moves Overseas

August 13, 2018

Via: Industry Week

President Donald Trump, using Twitter again to criticize a company he once hailed as a “true American icon,” gave his backing to Harley-Davidson Inc. motorcycle owners who may boycott the manufacturer if it moves some production out of the U.S. […]


Industry Focus Areas, Medical

Medtronic launches Extravascular ICD pilot study

August 10, 2018

Via: Mass Device

Medtronic (NYSE:MDT) said yesterday it launched a pilot study of its investigational Extravascular Implantable cardioverter defibrillator system, with the first patient implant already performed at New Zealand’s Christchurch Hospital. The Fridley, Minn.-based company’s EV ICD system uses leads placed outside […]


Design &Planning, Process

Bosch set to invest €77mn in R&D in Germany

August 10, 2018

Via: Manufacturing Global

The Germany-based company, Bosch, is set to invest €77mn ($89mn) on expanding its existing research and development centre in Schwieberdingen, electrive.com reports. It is anticipated that the money will be spent on developing new offices for employees that work on […]


Aerospace & Defense, Industry Focus Areas

Boeing Faces New Production Snarls for Cash-Cow 737 Jetliner

August 9, 2018

Via: Industry Week

Boeing Co. is working through cascading supplier problems that will hamper third-quarter deliveries of its 737 jetliner, the planemaker’s largest source of profit. Hiccups at the makers of fuselages and engines, combined with record 737 output, have contributed to a […]


Industry Focus Areas, Medical

Juniper Pharmaceuticals Reports Second Quarter 2018 Financial and Operating Results

August 9, 2018

Via: PR Newswire

BOSTON, Aug. 9, 2018 /PRNewswire/ — Juniper Pharmaceuticals, Inc. (Nasdaq:JNP), a diversified healthcare company with core businesses of its CRINONE® (progesterone gel) franchise and fee-for-service pharmaceutical development and manufacturing business, Juniper Pharma Services (“JPS”), today announced financial results for the […]


Industry Focus Areas, Workforce Development

How to Inspire Our Next Generation of Manufacturing Leaders

August 8, 2018

Via: Industry Week

In early July I dropped by Cleveland State University to check out the Advanced Materials for 3D Printing conference presented by the Northeast Ohio Additive Manufacturing Cluster. Industry experts and materials technologists had come together to talk about advancements in […]


Logistics, Process

Tesla board evaluating CEO Musk’s idea to take company private

August 8, 2018

Via: Reuters

(Reuters) – Tesla Inc (TSLA.O) said on Wednesday its board is evaluating Chief Executive Elon Musk’s idea of taking the company private after he brought the matter up for discussion last week. Musk took Tesla shareholders and the stock market […]


Industry Focus Areas, Motorized Vehicle

Nissan agrees to sell electric vehicle battery business to China’s Envision Group

August 7, 2018

Via: Manufacturing Global

Through the agreement, Envision will acquire a controlling stake in Automotive Energy Supply Corporation (AESC) — the electric battery operations and production facilities of Nissan Motor Co. — for an undisclosed sum. The Japanese carmaker said the deal will allow […]


Industry Focus Areas, Motorized Vehicle

German start-up trials solar car that can charge as you drive

August 7, 2018

Via: Reuters

BERLIN (Reuters) – A Munich-based start-up has taken advantage of the strong Bavarian sun this summer to test the final development of the charging system of its Sion car, an all-electric solar vehicle that lets you charge as you drive. […]