GM, LC Chem announce $2.3 billion EV battery venture in Ohio

December 5, 2019

Via: Reuters

The plant, to be built at a new site near GM’s closed assembly plant in Lordstown in northeast Ohio, will employ more than 1,100 people, the companies said. Construction is to begin in mid-2020 and the plant will have an […]

Which Countries are Ready for the Future of Production?

November 26, 2019

Welcome to the digital economy where technologies like the Internet of Things (IoT), artificial intelligence (AI), wearables, robotics and additive manufacturing are fueling the development of new production techniques and business models and driving global production. These technologies are also […]

There’s Still Concern About America’s Reliance on Mineral Imports — Especially From China

November 21, 2019

Category: Logistics, Process

Minerals are essential to manufacturing components for everything from electric vehicles, smartphones, medical screening to weapons systems used by the military. But the United States remains heavily dependent on foreign sources for many of its critical minerals. About 91 percent […]

Aerospace & Defense, Industry Focus Areas

250 launches and counting: Arianespace orbits TIBA-1 and Inmarsat GX5

December 2, 2019

Via: ASD News

Arianespace delivered another dual-satellite payload to orbit on the 250th launch of an Ariane-series vehicle – underscoring its continued success 40 years after the historic maiden flight of an Ariane 1 version in 1979. Lifting off today from Europe’s Spaceport […]

Industry Focus Areas, Motorized Vehicle

Feuding Korean battery suppliers risk disrupting EV production

November 27, 2019

Via: Automotive News

SEOUL — South Korea’s SK Innovation beat its larger rival LG Chem to a multibillion dollar deal in 2018 to supply Volkswagen Group with electric vehicle batteries in the United States. With great fanfare, SK broke ground in March on […]

Industry Focus Areas, Motorized Vehicle

FCA, PSA work to avoid antitrust problems in merger

November 27, 2019

Via: Automotive News

TURIN — PSA Group and Fiat Chrysler Automobiles will continue to operate as competitors until their planned $50 billion merger gets approval by the various antitrust authorities around the world, a process that could take more than a year. Nine […]