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Full Tilt Energy Systems has announced that its innovative, fixed tilt racking system has been installed at a 6.2MW project in Italy. Bienergy srl, is an Independent Power Producer (IPP) based in Faenza, in northern Italy. This is Full Tilt’s first project in Italy, and the site, located in Massa Lombarda in northeast Italy, is …
American Rheinmetall Vehicles and GM Defense have won a contract for the first phase of the U.S. Army’s Common Tactical Truck (CTT) Program. The program aims to replace the Army’s heavy tactical trucks with up to 40,000 trucks valued at $14 billion. The two companies formed a strategic collaboration in 2022 to offer the HX3 …
Manufacturing PMI® at 47.4% January 2023 Manufacturing ISM® Report On Business® New Orders and Production Contracting Backlogs Contracting Supplier Deliveries Faster Raw Materials Inventories Growing; Customers’ Inventories Too Low Prices Decreasing; Exports and Imports Contracting (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in January for the third consecutive monthfollowing a 28-month period …
Tesla has experienced a rough start to 2023, with shares plunging by more than 14% this past Tuesday as the company continues to experience concerns with lowered demand and logistical problems. Once worth more than $1 trillion, Tesla lost more than 65% in market value in a tumultuous 2022. Tuesday’s slide knocked off nearly $60 …
Wind energy has seen significant growth in the past decade, with the global installed capacity increasing by more than 300%. In 2010, the total installed capacity of wind energy was 159 GW, and by 2020, it had reached 591 GW. This growth is expected to continue, with the International Energy Agency forecasting that wind energy …
Manufacturers rely on a complex network of suppliers, partners, and logistics providers to produce and deliver their products. When any part of this supply chain is disrupted, it can have a ripple effect that causes delays, increases costs, and reduces revenue. Mitigating supply chain disruption is crucial for manufacturers to maintain their competitiveness and profitability. …
This article appears in the latest issue of Manufacturing Outlook. For a limited time, we are offering jacket Media Co visitors a FREE monthly subscription. CLICK HERE to subscribe today! Vietnamese President Nguyen Xuan Phuc paid a state visit to South Korea from Dec 4-6, 2022, at the invitation of President Yoon Suk-yeol. This is …
This article appears in the latest issue of Manufacturing Outlook. For a limited time, we are offering jacket Media Co visitors a FREE monthly subscription. CLICK HERE to subscribe today! Source: The Insight Partners New York (GLOBE NEWSWIRE) — The Insight Partners published latest research study on “Wind Turbine Forging Market Size, Share, Report, Demand, Growth Strategy, …
Automaker Stellantis announced this past Thursday they plan on expanding upon a previous partnership with Archer Aviation, adding its manufacturing experience to aid in producing the latter company’s electric vertical takeoff and landing, or eVTOL, aircraft. Named “Midnight,” this eVTOL is now planned to be mass-produced in the U.S. Archer Aviation is based in Santa …
