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Industry News

  • APAC Automated Material Handling Market to Hit $14B by 2021

    The Asia Pacific (APAC) region is expected to lead growth in automated material handling equipment markets through 2021 when the area’s market value is expected to reach $14.3 billion, a new study by market research firm Knowledge Sourcing Intelligence said. The market is projected to grow...

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  • Food Processing and IIoT Merge in Bühler, Bosch Partnership

    Food processing technology and services firm Bühler and Bosch Connected Devices and Solutions are expanding a research and development partnership to combine Bosch’s expertise in the Industrial Internet of Things and sensor networks with Bühler’s developments in food...

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  • Mettler Toledo Plans New State-of-the-Art Facility

    The Mettler Toledo Product Inspection Division will be building a new state-of-the-art facility to accommodate the growth of its business throughout the Americas. The new facility is expected to be completed in late 2017, and will be located 15 miles north of the division's current site in...

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  • US Regulator Approves ChemChina’s $43B Purchase of Syngenta

    The Committee on Foreign Investment in the United States (CFIUS) approved a $43 billion sale of Swiss pesticide and seed producer Syngenta to Beijing-based ChemChina, the companies announced Monday. Syngenta said it expects the transaction to be completed by the end of 2016, though it is still...

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  • BASF Opens Construction Chemicals Plant in Sri Lanka

    BASF inaugurated its first manufacturing plant in Sri Lanka on Aug. 19 to help meet increasing demand for construction chemicals in the country, the German chemical company announced Monday. The facility, located in Sapugaskande, Sri Lanka, will produce standard and custom-made performance-based...

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  • New Technology Could Help Reduce Plastic Manufacturing Emissions

    Researchers from ExxonMobil and the Georgia Institute of Technology created a new technology that possibly reduces energy use and emissions in plastics manufacturing, the company announced Aug. 18. The team of scientists developed a new process using a molecular-level filter to separate paraxylene...

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  • Pfizer Buying Biopharmaceutical Firm Medivation for $14B

    Pharmaceutical company Pfizer is buying Medivation, a San Francisco-based biopharmaceutical company that produces molecules for oncology uses, for $14 billion, the company announced Monday in a press release. “The proposed acquisition of Medivation is expected to immediately accelerate...

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  • OSHA Fines Ohio Plastic Manufacturer $42K for Violations

    The US Department of Labor’s Occupational Safety and Health Administration (OSHA) cited the Ashland, OH plastic manufacturing facility of Liqui-Box Corporation on Aug. 11 for three serious and one other-than-serious safety violations, the agency announced Thursday. An investigation was...

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  • China Auto Company Investing $819M in South Africa Plant

    Beijing Automotive International Corp. (BAIC) signed an agreement to build a new automobile manufacturing facility in a Port Elizabeth, South Africa industrial development, multiple news outlets reported. The move by the Chinese state-owned auto maker represents the largest investment in the...

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  • North American Orders for Manufacturing Robots Sets Record

    North American companies ordered 14,583 robots for manufacturing and other business purposes in the first half of 2016, setting a record for the largest number of robot orders in the first half of a year, according to data released Tuesday by the Association for Advancing Automation (A3). Orders...

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