Automotive

Swedish startup PaperShell has developed a cellulose fiber composite that they refer to as "wood metal" and it can be formed into flat or complex-shaped components.

The Tyrolit Group said it is expanding its production site in Stans, Austria, and investing 15 million euros in a new, highly innovative production line.

Genuine Parts Company, a distributor of automotive and industrial replacement parts, has appointed James F. Howe to the position of President, Motion, the company's industrial business, effective April 1, 2024.

Sandvik has signed an agreement to acquire Almü Präzisions-Werkzeug GmbH (Almü), a Germany-based cutting tools and solutions provider within high-precision drilling, reaming, milling and tooling systems.

Honing and superfinishing are two strategies for mass finishing parts.

Innovance, a 100% employee-owned holding company focused on manufacturing and industrial technology, has acquired Jorgensen Conveyor and Filtration Solutions.

Successful shops always look for ways to differentiate and innovate for competitive advantage. Cashing in on the entirety of a tool's life with an advanced tool management system is perhaps the most effective way to do that right now.

The European project Target-X has launched its second open call to strengthen important economic sectors in Europe by integrating 5G and 6G, accelerating the digital transformation.

The Marposs OptoCloud Gear helps EV manufacturers maintain quality and minimize noise.

Howard Community College (HCC) in Columbia, Md., has launched an $11 million capital campaign in support of a new campus-based workforce development and skilled trades center. n

The global carbon steel market size is anticipated to reach $1.2 trillion by 2030 at a CAGR of 3.72%, according to a new report.

The Low-Speed Electric Vehicle Market Forecast and Global Analysis to 2030 report found that the market is expected to grow from $5.52 billion in 2022 to $8.48 billion by 2030; and is anticipated to grow at a CAGR of 5.5% from 2022 to 2030.