DETROIT—General Motors Corp. recently announced that it will spend $27 billion on all-electric and autonomous vehicles through 2025, an increase of $7 billion, or 35 percent, from initial plans announced in March.
BOXBOROUGH, MA—German contract manufacturer Vibalogics GmbH is investing $150 million and hiring 100 people for a facility here to help Big Pharma develop a COVID-19 vaccine. The company plans to open the site by the second half of 2021.
INDIANAPOLIS—Vibromatic Co. Inc., a supplier of parts handling and feeding equipment, has been inducted into the Indiana Manufacturers Association’s (IMA) Hall of Fame.
QUAKERTOWN, PA—Systems integrator Demco Automation has received a second consecutive Gold Medallion Award from the U.S. Department of Labor for recruiting, hiring and retaining veterans.
LONDON–On January 1, 2021, new regulations by the Medicines and Healthcare Products Regulatory Agency in the UK will require medical devices of all classes to be registered with the agency. These regulations may impact the number of approved medical devices in the future.
BEVERLY, MA–Freudenberg Medical has completed construction of a new medical manufacturing facility here that will produce devices and components in medical- and implant-grade silicones, and high-performance plastics.
ROCK HILL, SC–The FDA has provided 510(k) clearance for a patient-specific, 3D-printed instrument set used during ankle replacement surgery with Exactech’s Vantage Total Ankle System.
MANKATO, MN—Rolls-Royce has announced a $13.9 million investment in its Power Systems business unit for a multi-phase expansion of its power generation manufacturing facility here.