LOCUST GROVE, GA—Automotive parts manufacturer NVH Korea will invest $72 million to build a new assembly plant here. The factory is expected to create more than 160 jobs.
LANDSHUT, Germany—The BMW Group’s light metal foundry here has been recertified by an independent party for its sustainable use of aluminum, meeting the standards of the Aluminum Stewardship Initiative (ASI), an international nonprofit organization supported by environmental and industrial associations, aluminum producers and processing companies. The ASI defines sustainability criteria for an environmentally and socially responsible aluminum value chain.
WASHINGTON—The U.S. Department of Energy (DOE) is partnering with the U.S. Department of the Treasury and the Internal Revenue Service (IRS) to provide $10 billion in funding through the Qualifying Advanced Energy Project Credit (48C). The notice released June 5 allocates up to $4 billion to accelerate domestic clean energy manufacturing and ensure no community is left behind in the transition to clean energy technologies.
LOS ALTOS, CA—The Toyota Research Institute (TRI) has unveiled a new way to use generative artificial intelligence to help vehicle designers come up with innovative designs more quickly.
TORONTO—Lockheed Martin recently completed a project to evaluate the automation of airframe manufacturing operations using six-axis robots equipped with artificial intelligence technology from Canadian tech startup Xaba.
FRANKFURT, Germany—Sales of industrial robots in India reached a new record of 4,945 units in 2021, a 54 percent compared with the previous year, according to the International Federation of Robotics (IFR). In terms of annual installations, India now ranks tenth worldwide.
MUNICH—Outdated and unsupported legacy operational technologies (OT) are exposing substantial vulnerabilities for manufacturers facing escalating threats from nation-state attacks, according to a new study conducted by BlackBerry Ltd.
WASHINGTON—The U.S. Department of Energy’s Advanced Materials and Manufacturing Technologies Office (AMMTO) is providing $2 million to fund research projects to boost recycling and reuse of lithium-ion batteries.