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Daimler ready to increase spending in German factories

2015-05-25 12:02:20| Auto Dealers - Topix.net

Daimler AG, the parent company of Mercedes-Benz, the third largest luxury automaker in the world, has decided to spend 750 million euros to upgrade and expand its assembly facility in Bremen, northern Germany. The German automaker is modernizing the Bremen plant in preparation for the upcoming production introduction of two new models - the upcoming generation of the C-Class top selling lineup, next to a couple of additional models, according to a statement issued by Daimler AG.

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Mitsubishi Electric's Next-Generation MELSEC iQ-R Series C Controller Powered by Altera SoCs to Enable Smarter Factories

2015-05-18 12:31:10| Industrial Newsroom - All News for Today

San Jose, Calif.  Altera Corporation (NASDAQ: ALTR) announced today Mitsubishi Electric selected Altera Cyclone V SoCs to power its next-generation of C controller for use in smart factory automation equipment. Cyclone V SoCs provide the C controller greater flexibility while delivering higher performance...

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Earthquake damage at Bangladesh garment factories

2015-05-15 17:06:00| Daily apparel & textile news and comment - from just-style.com

Structural damage has been identified at three garment factories in Bangladesh following the powerful earthquake that shook neighbouring Nepal last month.

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Price rise slows eurozone factories

2015-05-04 12:02:27| BBC News | Business | UK Edition

Eurozone factory activity has slowed after manufacturers raise prices for the first time in eight months, figures show.

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Factories Sluggish But Orders Signal Stronger Outlook

2015-05-03 02:03:58| Auto Dealers - Topix.net

The Institute for Supply Management 's April index was flat at a near two-year low of 51.5, defying forecasts for an uptick to 52. 2015 had a rocky start: a soaring dollar sank exports, a West Coast ports work stoppage snarled supply chains, and plunging oil prices dented energy firms' capital budgets. The bad news hit both factories and the overall economy ; it eked out an 0.2% annualized gain in the first quarter.

Tags: orders signal outlook stronger

 

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