Smart factories are set to become a revolutionary force of the manufacturing industry and provide a massive boost to the global economy, according to a new report by multinational information technology consulting company, Capgemini.
Japanese metals manufacturer Kobe Steel has been embroiled in an ongoing scandal relating to admissions that they had sold products with misstated quality.
A company backed by US aerospace manufacturer Boeing has announced an ambitious new timeframe for the first commuter-size electric aircraft.
Manufacturer of high-quality headphones, beyerdynamic, increased factory productivity by 50% thanks to automating its production processes.
US automotive manufacturer Ford Motor Company has announced a new plan to move away from making traditional cars in the future.
European industrial conglomerates Siemens and Alstom have agreed this week to unite their rail manufacturing divisions.
Global power and autorotation company, ABB, has announced the acquisition of GE’s global electrification solutions business in a deal designed to expand its access to the North America market.
British design and manufacturer of household appliances, Dyson, has announced an investment of £2bn to develop its own ‘radical’ electric cars.
US-based aerospace and defense manufacturer Northrop Grumman last week announced plans for a multi-billion dollar acquisition of Orbital ATK.
German auto-making conglomerate Daimler AG has unveiled what it is billing as the world's first ever all-electric light truck.