Fori Automation Inc. could see revenue hit the $100 million mark this year as efforts to diversify into the aerospace and defense industries continue to gain traction. The Shelby Township-based designer ... Read More
Alpla Inc., a privately held $3 billion manufacturer of plastic packaging solutions, has purchased an 83,485 square-foot industrial property at 9 Cermak Blvd. in St. Peters, Mo. Austrian-based Alpla is a ... Read More
Manufacturing conglomerate 3M Co. said Monday it has agreed to acquire MTI PolyFab Inc., a Canadian manufacturer of noise and vibration reduction technology for airplanes. MTI said the acquisition price is ... Read More
Smith Electric Vehicles and Proton Power Systems have signed a memorandum of understanding to develop long-range electric service trucks. The partnership will allow Smith Electric to install Proton Power’s fuel cell ... Read More
Smith Electric Vehicles U.S. Corp. said Wednesday that its Smith Newton vehicle has been approved for purchase by federal agencies and the military, the only all-electric medium/heavy duty truck with the ... Read More
The development of a “stealth” turbine blade, based on military technology, may help overcome the problem of wind farms interfering with aviation radar systems, its developers said. The issue of turbine ... Read More
General Motors announced plans on January 26 to design and manufacture electric motors, saying the first were scheduled to debut in 2013 in a next generation, rear wheel drive hybrid vehicle. ... Read More
General Motors Co. and Volkswagen AG are best positioned in the largest and fastest-growing emerging markets at a time when auto sales in those countries could grow more than 40 percent ... Read More
The German government is proposing a cut of 15% on the subsidies it gives solar-power providers, Environment Minister Norbert Roettgen said Wednesday, reflecting what the government deems the sector’s success, but ... Read More
After months of fierce resistance, Cadbury’s about-face to accept a sweetened 11.5 billion pound ($19.5 billion) takeover from Kraft Foods Inc. – forming the world’s biggest candy company – has alarmed ... Read More