(IN BRIEF) Lockheed Martin and Rheinmetall have strengthened their partnership to establish a European center of excellence for rockets and missile production, based in Germany. The centre will cater to the European market, supporting NATO’s defence goals and enhancing Europe’s … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged defence industry, European centre of excellence, European defence, European market, F-35, Germany, GMARS, JOBS, Lockheed Martin, Manufacturing, military aerospace, missile production, missiles, NATO, NATO commitments, partnership, regional expertise, Rheinmetall, rockets, SECURITY, technological innovation, U.S.
(IN BRIEF) Outokumpu has announced its decision to delay expanding its cold rolling capacity in the U.S., focusing instead on achieving an 80-kiloton increase in the Americas business area by 2025 through efficiency improvements. This decision follows a feasibility study … Read the full press release
Posted in Business, Financial, Finland, Government, Industrial, Investment, Management, Marketing, Metals and Minerals, News, Technology
Tagged 25% import tariffs, Americas, ASIA, bottlenecks, cold rolling capacity, cold rolling expansion, feasibility study, free trade, global operations, hot rolling operations, import penetration, integrated operations, Kati ter Horst, melt shop, Mexico, North American market, Outokumpu, partnership, President and CEO, productivity improvements, San Luis Potosí, Stainless Steel, steel tariffs, strategic plan, U.S., U.S. market
(IN BRIEF) On World Cancer Day, Servier reaffirms its commitment to the fight against cancer by focusing on oncology as a central part of its Research & Development efforts. The company emphasizes the importance of understanding the personal experiences of … Read the full press release
Posted in Business, Financial, France, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged brain tumors, cancer burden, Cancer Prevention, cancer research, cancer treatments, cancer-related deaths, digestive cancers, Early Detection, educational resources, global rankings, hematological cancers, immuno-oncology, oncology, patient experience, patient experiences, PatientView, personalized care, rare cancers, research development, screening, Servier, SHAPE program, targeted therapies, therapeutic solutions, U.S., UICC, Union for International Cancer Control, United by Unique, World Cancer Day, World Cancer Day campaign
(IN BRIEF) Covestro is investing a low triple-digit million Euro sum to expand its operations in Hebron, Ohio, by adding multiple production lines for polycarbonate compounds and blends. This expansion will support the growing demand for high-quality materials in industries … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Investment
Tagged automotive, blends, compounding capabilities, Covestro, digitalization, electrification of mobility, electronics, engineering plastics, healthcare industries, Hebron, Lily Wang, Ohio, Pittsburgh, polycarbonate compounds, production lines, R&D center, Samir Hifri, Solutions & Specialties business, supply reliability, sustainable development, sustainable growth strategy, technology transfer, Thorsten Dreier, U.S., U.S. compounding plant
(IN BRIEF) Volvo Autonomous Solutions (V.A.S.) and DHL Supply Chain have joined forces to revolutionize freight transportation in the U.S. using the production-ready Volvo VNL Autonomous, powered by Aurora Driver technology. The partnership aims to validate the ecosystem required for … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology, Transportation & Logistics
Tagged Autonomous Freight Operations, DHL, Jim Monkmeyer, logistics, Nils Jaeger, partnership, safety, Sasko Cuklev, sustainability, U.S., Volvo
(IN BRIEF) SolarLab, a Danish company specializing in solar facades for buildings, has secured a EUR 1.6 million loan from Nefco to increase production and expand into the U.S. market. The funds will be used to relocate all production to … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, NEFCO, partnership, Peter Melchior, SolarLab, sustainability, Søren Berg Rasmussen, U.S.
(IN BRIEF) RWE has signed two long-term power purchase agreements (PPAs) with Meta to supply clean energy from two solar farms under construction in the U.S., with a combined capacity of 374 megawatts. These solar projects, located in Illinois and … Read the full press release
(IN BRIEF) TotalEnergies and Borealis are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Bayport, Texas. This unit, with a capacity of 625,000 metric tons per year and an investment of USD 1.4 … Read the full press release
Cash flow considered biggest challenge to profitability this year Baltimore, 30-9-2013 — /EuropaWire/ — Businesses in the Americas express concern about maintaining adequate cash flow levels this year, and consider this one of the biggest challenges they will be facing. These opinions … Read the full press release
Posted in Business, Economy, Financial, Insurance, Netherlands
Tagged Americas, Atradius, Atradius Group, Atradius Payment Practices Barometer, Atradius Trade Credit Insurance NAFTA, B2B suppliers, Brazil, CANADA, cash flow, Christine Gerryn, collections agencies, credit checks, credit insurance, credit management, Days Sales Outstanding, domestic B2B receivables, foreign B2B receivables, foreign invoice collections, foreign receivables, generating sufficient cash flow, insolvency, maintaining sufficient cash flow, Mexico, NAFTA, Payment Practices, receivables, Richard Ariens, September 2013 Atradius Payment Practices Barometer, survey, U.S., uncollectable
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