LAS VEGAS—BKT USA Inc., the U.S. subsidiary of India-based Balkrishna Industries Ltd., announced during the Specialty Equipment Market Association Show here that the off-highway tire specialist company is planning to soon build a U.S. tire plant. The $100 million factory will be BKT's first outside of India and fifth tire plant overall.
BOCA CHICA, TX—Last Saturday SpaceX CEO Elon Musk revealed that construction of a prototype for a Mars spaceship, called Starship, is now underway, and that the first round of its experimental launches may be completed by early spring.
Engineers at Oak Ridge National Laboratory (ORNL) recently developed carbon-fiber composites that can monitor their own structural health. The technology could be used in future aerospace and automotive applications.
Global demand for robots shows no signs of stopping. A recent report by the International Federation of Robotics (IFR) claims that a record 381,000 units were shipped globally in 2017. That’s a 30 percent increase over 2016.
EAST EL PASO, TX—Tokyo-based Foster Electric plans to add an automotive speaker factory to its distribution facility here in 2020 and create 40 new jobs.