The Goodyear Tire & Rubber Company

McKinsey & Company | March 16, 2020

As global trends continue to drive the digitalisation of processes and operations, we take a look at the five ways 5G can change the manufacturing industry. The development of 5G connectivity, which is said to be 25 times faster than 4G networks, with lagging reduced to almost zero, is predicted to provide endless opportunities to drive digitalisation and connectivity along the entire value chain for factories. For many years, automation within factories relies on the physical installation of pr...

Manufacturing Technology

LG Energy Solution | August 01, 2022

LG Energy Solution (LGES; 373220) continues its efforts to foster next generation battery technologies by inviting start-ups in the industry. The battery manufacturer said it is hosting the 'LGES Battery Challenge 2022,' an international competition to identify start-ups for potential investment and collaboration. Through the program, LGES is bringing together up and coming battery start-ups to keep pace with the fast-developing industry, as growing number of economies tra...

Digital Transformation

Sybridge Technologies | January 05, 2022

On January 4, SyBridge Technologies, a global industrial technology company, said it had bought Action Tooling LLC and Lakeshore Fixture & Gauge Ltd. Both agreements strengthen SyBridge's Technology & Services business area and position the company to provide end-to-end solutions. SyBridge's fifth and sixth purchases in 2021 are Action and Lakeshore. Crestview Partners, a New York-based private equity company, founded SyBridge Technologies in 2019 with a $200 milli...

Manufacturing Technology

Novelis | February 15, 2022

On February 14, Novelis Inc., the world leader in aluminum rolling and recycling, announced the establishment of a long-term collaboration agreement with HES-SO Valais-Wallis, in collaboration with EPFL's Energypolis Campus, a Swiss innovation and research hub, and energy distributor OIKEN, to establish a joint research and development (R & D) laboratory to advance carbon-neutral aluminum manufacturing solutions. The research and development lab, dubbed Net Zero Lab Valais...