Amit Jain, Sector Lead – Engineering, Middle East and India at Invest Northern Ireland, discusses how Northern Ireland provides innovative solutions for the quarrying, mining, construction, and waste recycling industries in the region
investment
Posted inPurchasing
Majority of transport companies in Europe, GCC and Asia expect autonomous trucks to become a viable option within the next decade, according to IRU survey
76% of the 450 transport companies that participated in the survey believe autonomous trucks are just around the corner, but 71% cited cost and investment as the major challenges to adopting new technology
Posted inPMV
Daimler and Geely form 50-50 joint venture in China to provide ride-hailing mobility services
The fleet initially will include Mercedes-Benz S-Class, E-Class and V-Class and Maybach vehicles and could be supplemented by premium electric vehicles of the Geely Group
Posted inMachinery
Acquisitions helps Saf-Holland drive 2020 growth strategy
Saf-Holland is expanding its aftermarket business and entering new markets with recent acquisitions such as V.Orlandi, York, KLL, Corpco and Axscend
Posted inVehicles
Honda, Cruise and General Motors to build new autonomous vehicle
Honda will contribute approximately $2 billion over 12 years to pursue the large-scale deployment of autonomous vehicle technology
Posted inMachinery
WEG modernises motor and drive technology at Austrian subsidiary
A new 4-axis machining centre will increase production speed and efficiency of geared motor production due to its larger tool magazine
Posted inSupplier/Partner
Toyota to sell entire stake in Isuzu, ending 12-year partnership
The companies decided to part ways due to difficult business conditions and little progress in collaborative projects
Posted inPurchasing
IHC’s private placement attracts over 1000 investors and 230% oversubscription
The company, one of the world’s largest crane operators, is eligible to list on Boursa Kuwait’s premier market
Posted inMachinery
Volvo CE divests British dealership to SMT Holdings
Volvo Construction Equipment has concluded the sale of its British dealership to Services Machinery & Trucks, a subsidiary of SMT Holdings
Posted inMachinery
UAE: RWI announces $2m expansion of Ajman plant
Rubber World Industries has announced plans to invest $2m into the expansion of its production facilities in Ajman, UAE