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Latest Manufacturing Equipment News

ITI seeks 20 bln rupees bail-out package - report

Reuters India - The funds are being sought to wipe out accumulated losses of 22.25 billion rupees and to obtain working capital for telecom equipment manufacturing, the Mint report said. ITI officials could not be immediately contacted for comment. The report quoted a ...

Chamber, local officials team to help Gransfors

Charleston Post & Courier - SUMMERVILLE — Donations of temporary manufacturing space and surplus sewing equipment are being sought to help the Gransfors Bruks safety apparel firm recover from a devastating fire. Brad Nettles The Post and Courier The Greater Summerville ...

Stocks to watch on Wednesday

Economic Times - ITI is seeking a Rs 2,000 crore government aid to wipe out accumulated losses and to obtain working capital for telecom equipment manufacturing, reports Live Mint. A committee has been set up by the centre to finalise the package. The share may be ...

Iran to help foreigners buy SATKAB affiliates’ shares

Tehran Times - TEHRAN – The managing director of the Iranian Electrical Power Equipment Manufacturing and Provision Company (SATKAB) here on Tuesday announced that the preparations are made for foreign investors to purchase shares of the company’s affiliates ...

Who's Blogging

Washington Post - Once fingered as a prime culprit in the loss of U.S. manufacturing jobs, global business is shaping up as a bulwark against ... An expanding foreign appetite for capital goods such as tractors, medical equipment and electrical machinery is driving ...

Sentiment among big Japanese companies falls in Q4 on profit fears ...

Forbes - The ministry said sectors which saw a relatively sharp deterioration in business conditions include the fuel and coal product sector, processed metal, general machinery which includes makers of semiconductor manufacturing equipment and construction ...

China exports more oil production equipment

China Daily - Meanwhile, China has made progress in oil equipment manufacturing over recent years, with oil exploiting and drilling equipment up to the world's advanced standards. Besides, these products boast advantage in prices on international markets ...

Outsourcing Strategies: Four Keys to Manufacturing IT's Future

Industry Week - ... outside the enterprise for a status report, and uncovered four strong themes running through the state of IT in manufacturing. ... robust internal IT department and is responsible for strategic planning, personnel decisions, contracts and equipment ...

Chemical company expands, plans to hire 20 new workers

Daily American Online - Guy Chemical Co. is investing $1.1 million in new manufacturing equipment, offices and warehouse space and will hire 20 new employees, the company's president said Friday. The company has been rapidly growing for several years, but signs of the ...

Oil sector to boost Nigerian economy by $900b in 2020, says Yar'Adua

Nigeria Guardian - According to him, the oil and gas stakeholders should be actively involved in promoting the growth of manufacturing, assembly and fabricating of plant and equipment used in the oil and gas sector. The President lamented that the contribution of the ...

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