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Industry News Digest: Key Manufacturing Updates

Industry News Digest: Key Manufacturing Updates

07/11/2024
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Industry News Digest: Key Manufacturing Updates

by Daisy D.
07/11/2024
in Industry, Manufacturing

Today, The Manufacturer highlights pivotal developments shaping the manufacturing landscape, sourced from premier trade publications and business journals. Stay informed with our daily roundup of essential industry news.

Smart Manufacturing & Engineering Week Receives Top Honors

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U.S. Manufacturing Weakens Amid Rising Input Costs, Raising Stagflation Concerns

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Smart Manufacturing & Engineering Week has garnered acclaim as the Best Tradeshow / Consumer Exhibition at the prestigious Conference & Events Awards held in London. Concurrently, the Manufacturing Leaders’ Summit, part of TM Live in Liverpool, secured the Bronze award for Best UK Conference / Event in its category. These accolades underscore the events’ significance in the industry. [Source: The Manufacturer]

Institute of Export & International Trade Granted Royal Charter

The Institute of Export & International Trade (IOE&IT) has achieved a significant milestone with the conferral of a Royal Charter by His Majesty King Charles III. This distinguished honor recognizes the Institute’s exceptional contributions to international trade and its esteemed role in public life. [Source: The Manufacturer]

BYD Ventures into Turkey with $1 Billion Manufacturing Deal

BYD, China’s largest electric vehicle (EV) manufacturer, is set to establish a major manufacturing facility in Turkey. This strategic move comes amid ongoing tariff negotiations with the EU, reflecting BYD’s proactive approach to expanding its global footprint amidst trade challenges. [Source: Silicon]

AKW Expands Operations with New Facility in Middlewich

AKW, a leading provider of accessibility solutions, has inaugurated a new showroom and manufacturing facility in Middlewich, Cheshire. Spanning 26,000 square feet, the facility will focus on producing a range of accessible bathroom and kitchen products, reaffirming AKW’s commitment to British manufacturing and innovation. [Source: THIIS]

GKN Automotive Advances Decarbonization Efforts with VPPA

GKN Automotive has taken a significant step towards sustainability by signing a Virtual Power Purchase Agreement (VPPA) with Recurrent Energy, a subsidiary of Canadian Solar. This initiative underscores GKN Automotive’s commitment to reducing its environmental impact through renewable energy solutions. [Source: The Manufacturer]

Lionweld Kennedy Reports Surge in Orders

Lionweld Kennedy, a prominent UK manufacturer specializing in steel gratings and fabricated steel products, has announced a notable increase in order volumes, achieving a record high. This milestone reflects the company’s robust growth and strong market position in the industry.

Discover supply chain news insights on The Supply Chain Report. Enhance your international trade knowledge at ADAMftd.com with free tools.

#IndustryNews #ManufacturingUpdates #SmartManufacturing #EngineeringWeek #SupplyChainNews

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The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

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  • Home
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