Polidoro

Nestle | January 22, 2020

The Swiss-based multinational food and drink processing firm, Nestle, has announced it is set to invest US$2bn as it seeks to increase its sustainable packaging initiatives. Nestle will reduce its use of virgin plastics by one third by 2025 whilst working to advance the circular economy and endeavor to reduce plastic waste from oceans, lakes and rivers. No plastic should end up in landfill or as litter, said Mark Schneider, CEO of Nestle. “Making recycled plastics safe for food is an enorm...

ExOne | November 06, 2020

The ExOne Company (Nasdaq: XONE), the global leader in industrial sand and metal 3D printers using binder jetting technology, today announced it is one of 16 companies participating in a consortium led by DNV GL, the world’s leading risk management and quality assurance society for the oil & gas and maritime industries. The consortium was founded in 2018 with the goal of developing an industry-accepted guideline for quality assurance of additively manufacturing parts. Today, the consor...

Toyota | April 24, 2020

On February 1,1997, a fire destroyed an Aisin factory that made the inconspicuous P-Valve, a brake part required for every Toyota vehicle worldwide. Toyota’s policy is to source any critical part from multiple geographic locations, but in this case, 99% of global production of the part came out of this one plant-at that time, 32,500 units per day. Toyota’s vaunted Just-in-Time system meant only two days of inventory were available in total in the supply chain. In two d...

Geek+ | June 18, 2020

Chinese logistics robotics provider Geek+ announces today it closed its Series C funding round at over USD $200 million in early 2020. Following the completion of a US$150 million series C1 funding round led by GGV Capital, D1 Capital Partners along with Warburg Pincus in June 2019, Geek+ finalized a series C2 round led by V Fund with the participation of Redview Capital and Vertex Ventures earlier this year.Founded in 2015, Geek+ operates as a logistics robots firm that integrates artific...