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Industrial Data

Hibiki | March 23, 2022

Japan-based Hibiki-Seiki and Alberta-based Optima Manufacturing (Optima), with support from the Invest Alberta Corporation (IAC) and Japan External Trade Organization (JETRO), announced today that they have entered into a strategic partnership to jointly manufacture and supply high-precision machining and components for the North American Aerospace Industry. This partnership is expected to generate $5 million in new business for the partners and create 10 new high-skilled jobs in Alberta over th...

Manufacturing Technology

Business Wire | October 25, 2023

In partnership with Lorraine Capital, four US-based industrial manufacturing companies – Summit Steel & Manufacturing, Inc., Fairlawn Tool, Inc., Laser Specialties, Inc., and Summit Storage Solutions – announced the formation of Caldera Manufacturing Group, a new manufacturing entity, which is now one of the largest and most comprehensive single-source solution ...

Manufacturing Technology

Lordstown Motors | November 08, 2022

Lordstown Motors Corp. (“Lordstown Motors” or “LMC”) (Nasdaq: RIDE), an original equipment manufacturer of electric vehicles focused on the commercial fleet market, and Foxconn Ventures Pte. Ltd., an affiliate of global technology company Hon Hai Technology Group (“Foxconn”) (TWSE: 2317), today announced that they reached an agreement pursuant to which Foxconn agreed to make additional equity investments in LMC (collectively, the “Investment Transactions...

Manufacturing Technology

Nikola | April 28, 2022

Nikola Corporation a global leader in zero-emissions transportation solutions, marked the beginning of its commercial serial truck production of the Nikola Tre BEV (battery-electric vehicle), with a special ceremony today in Coolidge, Arizona. The event featured remarks from Nikola executives and Arizona Governor Doug Ducey and was attended by fleet customers, government officials, and Phoenix business leaders. "We began production of the Tre BEV on March 21 her...