ant, dedicated to the production of automotive radiators, will create 250 direct jobs and 650 indirect jobs. This inauguration is part of a strategy to relocate operations, which were previously in the state of Puebla. The brand has clients such as Volkswagen, Nissan, Caterpillar, Peugeot, and John Deere, and it is expected that this new plant will meet the demand for radiators in Mexico, the U.S., Brazil, Argentina, France, China, India, and Tha...

News  Updated at: 2024/08/03

ks to an investment of MXN 900 million. This new plant will help increase production in the machining aluminum injection and assembly area, generating 300 new direct jobs. The company is a Tier 2 dedicated to the machining of highly complex components for OEMs and has clients like Caterpillar, John Deere, Suzuki, BRP, Eaton, Cummins, TREMEC, Ford, among others. (Cluster Industrial on May 23, 2024)...

News  Updated at: 2024/05/29

s to a preliminary SEK 22 million and will be reflected in the Q4 2021 financial statements. The decision will take effect immediately.The plant employs 76 people producing more than 250,000 pumps annually, predominantly manufactures oil and water pumps for Renault, Volkswagen, Scania, MWM and John Deere alongside powder metallurgy sintering and casting facilities. Concentric AB press release...

News  Updated at: 2022/01/10

ny estimates a production volume of around 800,000 pieces per year. In addition, from 2022 the factory will begin to produce the stub axles for the Nissan Sentra model destined for the Mexican market, with an expected volume of 360,000 parts per year. It has started manufacturing frames for John Deere tractors with a planned volume of more than 13,000 units per year, thus meeting several milestones foreseen in the Ultra-Competitiveness Plan.Lo...

News  Updated at: 2021/12/23

John Deere, U.S. acquires majority ownership in Kreisel Electric, Austria On December 14, Deere & Company (John Deere) signed a definitive agreement to acquire majority ownership in Kreisel Electric, a battery technology provider based in Rainbach im Mühlkreis, Austria. Kreisel develops high-density, high-durability electric battery modules and packs. Kreisel has developed a charging infrastructure platform that utilizes this patented battery ...

News  Updated at: 2021/12/16

ort registered 6.1 million vehicles, including 5 million motorcycles.Car importers revealed that shipments dropped since the pandemic began, as falling incomes have curbed luxury car sales. Not all importers are suffering, though. RMA, the exclusive distributor of Ford, Jaguar, Range Rover and John Deere products in the Kingdom unveiled that its Q2/2021 profits rose on the back of high-end vehicle sales. Sales of Fords accounted for nearly 88% of...

News  Updated at: 2021/08/24

e industrial park and create 800 new direct jobs. The advanced manufacturing facility will produce high-tech cameras and state-of-the-art electronic components needed for autonomous light vehicles and trucks for customers such as Tesla, Ford, Volkswagen, Mercedes Benz, Caterpillar, Renault and John Deere. (Mexico-Now article on June 24, 2021)...

News  Updated at: 2021/06/26

RMA Cambodia records 13.9% revenue growth in Q1/2021 thanks to strong Ford sales Reported on June 3, 2021, RMA Cambodia Plc’s release of its financial disclosure for Q1/2021 reported a 14.5% increase in pre-tax profit YoY to USD 14.64 million. RMA is the exclusive distributor of Ford, Jaguar, Range Rover and John Deere products in Cambodia, among others. The firm registered USD 118.66 million in revenue during Q1/2021, a 13.9% increase YoY. Sal...

News  Updated at: 2021/06/08

s in small lamps with LED applications. Lumax is also trying to make inroads with major OEMs in Central Europe and USA to introduce the Lumax brand with the target of increasing its OEM exports. Lumax is also discussing business opportunities with companies including CNH in Italy and India and John Deere in the U.S. for lighting solutions. (Based on Lumax Industries annual report FY19-20)...

News  Updated at: 2020/08/18

Mike Manley and Tesla CEO Elon Musk would serve on a manufacturing panel that will be part of the "Great American Economic Revival Industry Groups" being set up by the White House. The auto chiefs will be joined on the manufacturing panel by leaders from Dow Inc., General Electric, Caterpillar and Deere & Company. The manufacturing group is holding a telephone meeting with Trump on April 15 afternoon, alongside representatives of the working gro...

News  Updated at: 2020/04/16

employees build Roxors, largely by hand, on the lower floor of Mahindra’s building in Auburn Hills, Michigan, only a few miles from FCA’s U.S. headquarters. Lacking most modern safety features, the Roxor off-road or all-terrain vehicle is not street-legal and competes with ATVs such as the John Deere Gator and Honda Talon. (Detroit Free Press article on November 29, 2019)...

News  Updated at: 2019/12/03

Miba opens new production site in Pune, India Miba AG informed that it has inaugurated the new Miba Drivetec India (MDI) production site in Pune, India. With the new site the space for production and administration more than doubles, from 1,000 to 2,600 square meters. This gives MDI the space it needs for further growth. MDI produces friction technologies for customers like Brakes India or John Deere in the Indian market. (From a press release on...

News  Updated at: 2019/11/24

also engages with Truck Lite, North America for development of Navistar – halogen head lamp and Audi to increase the share of business in small Lamps with LED applications. It also sustained the current business in small Lamps with Nissan Europe and business in head lamps and tail lamps with John Deere USA. Lumax Industries annual report FY 2018-19...

News  Updated at: 2019/08/28

also adds four research and development facilities to Dana's extensive network of technology centers, as well as 12 facilities to the company's global manufacturing footprint. The Drive Systems business serves customers such as AGCO, Ashok Leyland, Aston Martin, BMW, Caterpillar, CNH, Daimler, John Deere, Ferrari, Fiat Chrysler Automobiles, MAN, McLaren, Oshkosh, SANY, Scania, Terex, Volkswagen, and AB Volvo. (From a press release on March 1, 201...

News  Updated at: 2019/03/01

Anand Group updates about product development Anand Group informed that during the 'Stakeholders Consultation for Roadmap on Electric Mobility in India' event, Spicer India displayed a model of electric axle for SUV applications. Mahle Behr India (MBIPL) conducted a technology symposium at Cummins India and John Deere to showcase the latest advances in engine components and systems, filtration and peripherals, thermal management and mechatronics....

News  Updated at: 2018/11/30

the 39,000-square-meter facility where 145 workers were hired in addition to the 1,300 employees already in its two existing plants. An output capacity of 20 million filters per year is expected once the plant becomes fully operational which will be supplied to companies including Caterpillar, John Deere, CNH, Volvo, Daimler, Nissan, Volkswagen, Chrysler, General Motors, Navistar, Kenworth. (From a Mexico-Now article on August 29, 2018)  ...

News  Updated at: 2018/08/29

facturing facility in Jefferson City, Tennessee, creating more than 300 jobs over the next three years. The Jefferson City facility will house welding and fabrication operations in support of Oshkosh’s multiple segments. Oshkosh will be renovating and occupying the 500,000-square-foot former John Deere building in Jefferson City, expected to be operational in 2019. Founded in 1917, Oshkosh Corporation designs and manufactures a broad range of c...

News  Updated at: 2018/07/18

ogether with personnel, plant & machinery and other assets in relation to the undertaking. JKM Automotive produces high quality ferrous and non-ferrous critical engine and transmission components on a single-source basis for leading global automotive OEMs including Hyundai Motor India Limited, John Deere, Cummins, Honeywell Turbo Technologies Limited and Ford Motor Company.  Dynamatic Technologies stock exchange filing...

News  Updated at: 2018/05/09

Lumax Industries update about business and customers Lumax Industries Limited updated that during the first quarter of fiscal year 2017-18, it has received new orders for Maruti Suzuki India Limited, Mahindra and Mahindra, Tafe and John Deere in PC, CV and FE segment. During the first quarter, its Bawal plant successfully cleared the first stage assessment audit for the JIPM TPM excellence award. The company also ensured smooth and successful imp...

News  Updated at: 2017/07/22

ce. It is already in discussions with Audi to increase the share of business in small lamps with LED applications. Lumax is in discussions with Truck-Lite Europe for introduction of LED products as the replacement or upgrade version of their existing products. It is already in discussions with John Deere USA for introduction of LED tail lamps as the replacement of their existing running products. During the last fiscal year, it successfully susta...

News  Updated at: 2017/07/10