Business News

Scott & Fyfe open new Innovation Space and Museum

Earlier this month, Scott & Fyfe celebrated the official opening of its new Innovation Space and Museum, John Swinney MSP, Cabinet Secretary for Finance, Employment and Sustainable Growth, unveiled a ...

PPG Joint Venture Starts Fourth Furnace in China

PPG Industries have announced that its joint venture in China with Nan Ya Plastics Corp. has started a fourth furnace to serve the expanding Asian electronics industries. With 38,000 metric ...

American Industrial Partners Acquire US Operating Subsidiaries of Hampson Aerospace

American Industrial Partners a middle-market private equity firm focused on acquiring and improving North American-headquartered industrial businesses, has acquired the United States operating subsidiaries of Hampson Industries plc. The transaction ...

GKN Aerospace Extends Agreements with SAMC

GKN Aerospace and the Shanghai Aircraft Manufacturing Company have updated their Memorandum of Understanding and signed further agreements covering manufacturing development and intellectual property rights for structures for the COMAC ...

Rolls Royce is growing its presence in Southern California, with a $30 million expansion into a new 62,000 square foot facility that will be dedicated to research and development of ...

GE has announced its intent to purchase LM Wind Power, a Denmark-based manufacturer and supplier of rotor blades to the wind industry. The deal, which is expected to be worth ...

SGL Group has celebrated the inauguration of a new production line for precursor at its FISIPE site in Lavradio, near Lisbon in Portugal. Precursor is a polymer-based fibre which is ...

Mitsubishi Rayon and Fiberline Composites will found a joint venture company to manufacture and distribute carbon fibre composite laminates for wind turbine blades. Mitsubishi Rayon will supply the large tow ...

Teijin has announced that it’s agreed to acquire Continental Structural Plastics, an automotive composite supplier in North America, for $825 million. CSP will become a wholly owned subsidiary of Teijin. ...

The Australian Government will invest $250,000 through the Advanced Manufacturing Growth Centre to develop an internationally recognised advanced manufacturing hub to accelerate the growth of the carbon fibre industry in ...

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