SEW-EURODRIVE has officially opened its expanded 2,400m² facility in Gqeberha, marking a major investment in Eastern Cape industrial support. The state-of-the-art facility features modern assembly bays, dedicated painting zones, and can handle drive units up to 10 tonnes. This expansion transforms t
Global semiconductor IDMs are accelerating back-end process investments across Southeast Asia. Western firms are proving more aggressive than Japanese competitors, particularly in Malaysia and Singapore. This shift reflects changing global supply chain strategies.
Exowatt just raised $50 million to scale its thermal battery technology specifically for power-hungry AI data centers. The company claims a staggering 90GWh commercial pipeline as data centers desperately seek alternatives to constrained power grids. This funding extension comes just months after th
TotalEnergies is making a massive €5.1 billion investment in gas-fired electricity generation through a partnership with Czech billionaire Daniel Křetínský. The deal creates a 50-50 joint venture covering 14GW of power assets across Europe. This strategic move accelerates Total’s power division cash
Maxone Semiconductor has secured IPO approval on Shanghai’s STAR Market, rising to become the world’s sixth-largest probe card supplier. The company counts Huawei’s investment arm as its fourth-largest shareholder and generates up to 83% of revenue from an unnamed major customer believed to be HiSil
Texas is rapidly emerging as the nation’s AI power base, with data center developers flocking to the state for its cheap natural gas, fast permitting, and abundant power capacity. The state leads Virginia in both new and planned construction, with projections showing Texas adding four times more cap
GE Appliances is making a massive $3 billion bet on US manufacturing automation and reshoring. The company’s “zero distance” supply chain strategy aims to produce appliances closer to consumers with dramatically reduced labor hours and downtime. This represents a major shift from traditional offshor
Finish Thompson has introduced its SX Series explosion-proof electric motor specifically designed for hazardous fuel-handling environments. The two-speed motor can empty a 55-gallon drum in just over three minutes while providing precise filling capabilities for smaller containers. Key safety featur
The manufacturing industry is drowning in legacy systems and manual processes that cost over $1 trillion annually to maintain. With 70% of manufacturers still entering data manually and losing 12,000 jobs in August alone, the sector faces a perfect storm of inefficiency and brain drain. Breaking dow
Europe is reviving the ekranoplan concept with autonomous electric vehicles that fly just meters above water. The AIRSHIP project aims to create cargo craft that combine aircraft speed with ship efficiency, carrying 7 tons up to 1,000km with zero emissions.
