Volkswagen has launched a new subsidiary designed to oversee $2bn in investments to promote zero-emission vehicles in the US. The new company, Electrify America, will be based in Reston, Virginia. It will invest in the construction and ...
Tags: Volkswagen, Zero-Emission Vehicles
The UK new car market achieved a 12-year high in January, according to figures published by SMMT. 174,564 vehicles left showrooms last month – a 2.9% year-on-year uplift and the highest level since 2005. Significantly, however, the ...
Tags: Car Market
Comexi, specialist in machinery solutions for the flexible packaging converting industry, consolidates its presence in Central America by incorporating the experience of Go Print as an agent company. The agreement was formalized a few ...
Graphic Packaging Holding Company, a provider of packaging solutions to food, beverage and consumer product companies, reported Net Income for fourth quarter 2016 of $34.9m , or $0.11 per share, based upon 317.9 million weighted average ...
Tags: Graphic Packaging, Packaging
Stone Canyon Industries (SCI), through its subsidiary BWAY, has agreed to acquire Mauser Group, a rigid packaging products supplier, from private investment firm Clayton, Dubilier & Rice (CD&R) for $2.3bn. German firm Mauser operates more ...
Tags: Stone Canyon, Packaging
Thirteen energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. In the first global initiative of its kind, the ...
Tags: Hydrogen Council, Davos
Daimler and Uber have entered into an agreement with an intent to cooperate on the supply and operation of autonomous vehicles. Under the terms of the cooperation Daimler plans to introduce self-driving vehicles also on Uber’s ...
Tags: Daimler, Self-Driving Vehicles
Ford Motor is launching a new project designed to help enhance air quality in London as the automaker accelerates its electrification plans with 13 new global electrified vehicles due for introduction in the next five years. The project, ...
Tags: Ford, Commercial Vans
General Motors (GM) and Honda are investing $85m each into a joint venture (JV) that intends to start mass production of hydrogen fuel cells by 2020. The JV, Fuel Cell System Manufacturing, will operate within GM's existing battery pack ...
Folding cartons, corrugated packaging producer Green Bay Packaging has purchased and installed a new Speedmaster XL 145-7+L printing unit from Heidelberg at its facility in Wisconsin, US. The very large format (VLF) printing press, ...
Tags: Folding cartons, Green Bay
After the third quarter of the 2016/2017 financial year, Heidelberger Druckmaschinen is still on course to increase its annual profit as planned. For example, during the third quarter (October 1 to December 31, 2016), the operating result ...
Swedish start-up Ximantis has entered into the autonomous vehicles and Advanced Driver Assistance Systems (ADAS) software platform, with its Stochastic Re-construction module. This module, in direct communication with the vehicle's ...
Sports car maker McLaren Automotive is building a £50m chassis factory in South Yorkshire, UK, creating 200 jobs. The facility will be built at the University of Sheffield's Advanced Manufacturing Research Centre (AMRC) at Catcliffe ...
Tags: McLaren, Sports car
Alpine 4 Technologies is providing Elio Motors its 6th Sense Auto and BrakeActive products, as well as related manufacturing, data sharing and engineering resources. Elio Motors, based in Phoenix, is a high-profile startup vehicle ...
Tags: Elio Motors, BrakeActive products
Lear, which supplies automotive seating and electrical systems, has agreed to acquire Grupo Antolin's automotive seating business. Grupo Antolin's seating business is headquartered in France with sales and operations concentrated in 5 ...
Tags: Lear, Antolin's Automotive, Seating Business