Thailand is rapidly transforming into a central hub for electric vehicle (EV) manufacturing in Asia, driven by an array of government policies and substantial investments from global automakers. The Thai government's initiatives, including tax breaks and subsidies, aim to achieve an ambitious
In a notable deviation from the norm, Bassett Furniture Industries, a major U.S. furniture manufacturer, has publicly acknowledged that a recent ransomware attack will have a material impact on its business operations until recovery is complete. This announcement marks the first time a company has
In recent years, the sports drink market has seen considerable growth, driven by an increasing consumer focus on health and wellness. Among the key players in this evolving landscape, Powerade has made significant strides to secure its market position through strategic investments, innovative
The recent acquisition of Turri’s Italian Foods by Benford Capital Partners (BCP) marks a significant event in the food manufacturing sector. This strategic move underscores BCP's commitment to expanding its footprint by investing in specialized, family-owned food businesses. Below, we delve i
The embedded software market, a vital sector harnessing software technologies for specialized purposes, is on the brink of remarkable growth. This potential rise comes amidst the backdrop of complex challenges, particularly those concerning data security and privacy. As the industry braces itself
Continental, a leader in sustainable and innovative technologies, showcases its wide-ranging competencies through its user-friendly, content-rich website. It proffers rich insights into the company's various sections, from press and careers to sustainability and technological advancements.
In the bustling landscape of global semiconductor manufacturing, Japan aims to resurrect its former glory. Once a titan in chip production, Japan commanded over half the global market in the 1980s due to breakthroughs in electron beam lithography and strong state support. The tides turned in the
The landscape of Indian industries is undergoing significant transformation, driven by strategic fiscal policies and groundbreaking advancements in artificial intelligence (AI). The synergy between fiscal consolidation efforts in governmental policies and the rapid integration of AI within
The U.S. manufacturing industry added $2.8 trillion to the GDP in 2023—a slight rise from the year before. A steady increase, but one that shows the industry is holding strong. As an industry professional, you doubtlessly understand the imperative of strengthening your efforts to meet modern d
As technological advancements continue to reshape industries, the construction sector is no exception. The gradual but definitive shift from internal combustion engines (ICE) to electric machinery marks a significant transformation in how construction projects are executed. Driven by a pressing
