Automaker Stellantis will receive $585 million in grants from the Biden administration, including nearly $335 million for its idled plant in Belvidere, to help expand its electric vehicle manufacturing, the White House said Thursday.
Palghar District Disaster Management cell chief Vivekanand Kadam said the leak was reported at around 1:30 PM, following which teams of disaster cell personnel, fire brigade, and factory inspectors rushed to the spot to identify the…
Starting a bottling water company in Nigeria is a very lucrative and good business considering the population and the target market. The increasing demand for clean water production has expanded the market of bottle water in Nigeria. The…
Airbus launches "LEAD!" initiative with cost-cutting and hiring freeze to enhance aircraft manufacturing amid industry challenges and Boeing's recovery outlook.
Standard Bots designs and assembles collaborative robotic arms in the United States to transform industrial sectors such as manufacturing. The company is also developing a transformer-based model that leverages the power of AI to enhance…
The Biden administration is awarding nearly $2 billion in grants to General Motors, Stellantis and other carmakers to help restart or expand electric vehicle manufacturing and assembly sites in eight states, including the presidential…
The Biden administration announces $2 billion in grants to convert factories for EV and parts manufacturing, while preserving traditional auto worker jobs.
Get latest articles and stories on Business at LatestLY. Chennai (Tamil Nadu) [India], July 12: Shibaura Machine India (SMI), a subsidiary of Japan's Shibaura Machine, the leading manufacturer of high-precision injection moulding machines…
New Zealand BusinessNZ Performance of Manufacturing Index fell sharply from 46.6 to 41.1 in June, well below the long-term average of 52.6 and marking the lowest non-lockdown monthly level since February 2009. Breaking down the details,…
Virgin Galactic Holdings, Inc. (NYSE: SPCE) has announced the completion of a new manufacturing facility in Phoenix, Arizona. This facility will handle the final assembly of the Company's next-generation Delta spaceships, with production…