Detroit Seeks to Re-Enter Formula One February 6, 2023 Detroit’s biggest automotive players want to get back into Formula One, the global auto racing series. Some of those involved have scores to settle.
Manufacturing Contraction Deepens in January February 1, 2023 The contraction in the manufacturing economy deepened last month, the Institute for Supply Management said today.
Rollomatic Names New CEO February 2, 2023 Rollomatic Inc., a subsidiary of Rollomatic Holding Switzerland, announced the appointment of Joe Kane as CEO of Rollomatic Inc. as of Jan. 1.
ARCH Announces Acquisition January 31, 2023 ARCH Cutting Tools Corp. announced the acquisition of Custom Carbide Cutter Inc.
Manufacturing Adds 19,000 Jobs, Mostly in Non-Durable Goods February 3, 2023 Manufacturing boosted employment by 19,000 jobs in January, with non-durable goods doing the heavy lifting.
Ford Quarterly Profit Plunges; Automaker Posts Annual Loss February 2, 2023 Ford Motor Co. reported that fourth-quarter profit plunged.
AE Industrial Partners Affiliate Acquires 2 Million Sq.-Ft. Industrial Facility in Northwest Alabama February 1, 2024 AEI hopes the manufacturing plant will serve as an aerospace center of excellence and anchor for industry innovation.
Schott Expands Lumus Partnership, Adds Production Facility to Malaysia Plant January 30, 2024 Schott will add a production facility to its plant in Malaysia as it expands its partnership with Lumus.
Angeles Equity Partners Acquires Acieta from Mitsui January 25, 2024 Acieta LLC is the fourth acquisition by Angeles in the robotics integration sector.
Schaeffler Announces New Ohio Automotive Manufacturing Facility February 26, 2024 The new facility is part of a planned $230 million investment in Ohio
