Manufacturing

Pirelli reveals growth plans

Italian tyre maker Pirelli has announced plans to invest €1.9 billion over the next five years in its core tyre business, with a focus on its premium range as well as emerging m

Piaggio to launch new city car

Italian automaker Piaggio, the maker of Vespa scooters, is planning to launch an eco-friendly mini-car in India that will rival the Tata Nano.

General Motors commences $13 billion public offering

General Motors has finalized terms for what is expected to be one of the largest-ever IPOs, to begin to repay its $50 billion government-funded bailout and reduce the US Treasur

Boeing offers exchange program for 787 Dreamliner parts

In an effort to attract buyers for its much-delayed 787 Dreamliner, Boeing today announced it will introduce a rotable exchange services program to support the operation of the

Amtrak awards $466 million locomotive contract to Siemens

Amtrak is buying 70 new electric locomotives to provide improved performance and reliability for its Northeast intercity passenger rail services.

Lincoln Electric to acquire Russian welding consumables manufacturer

Lincoln Electric Holdings, Inc.

Profits rise 48 per cent at ArcelorMittal

ArcelorMittal, the world's biggest steel company, has reported a profits rise of 48 per cent in the three months to the end of September compared with the same period a year ear

Ford profits rise again in third quarter

Ford Motor Company has reported net income of $1.7 billion for the third quarter, a rise of 68 percent on the same period a year ago.

Acoustex

Jackie Barclay, managing director at Acoustex, tells Andrew Pelis how reduced order volumes lead to a re-think on inventory strategy that saw the company ride out the global eco

IMI to acquire Zimmermann & Jansen

Birmingham, UK-based engineering group IMI is to spend €135 million (£120 million) to acquire German industrial valve maker Zimmermann & Jansen.

Chinese super bus targets North America

The Chinese-designed Elevated High-Speed Super Bus may be pulling up to bus stops in North America in the not-too-distant-future.

Caterpillar to buy German engine specialist for $810 million

Caterpillar Inc. has signed an agreement with investment firm 3i to acquire MWM Holding GmbH, a leading global supplier of highly sustainable alternative engines.

Harbour Group to sell Lincoln Holdings to SKF

Harbour Group announced today that it has entered into an agreement to sell Lincoln Holdings Enterprises Inc. to Sweden-based SKF Group.

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