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Blog - Machinery And Equipment

DuPont Reverses Decision on Water Business Separation
DuPont Reverses Decision on Water Business Separation
Jan 16, 2025
Eye 189

DuPont abandons its plan to separate the water business, opting to retain the segment for strategic benefits amidst market growth.
Symbotic Acquires Walmart's Robotics Division in $200 Million Deal
Symbotic Acquires Walmart's Robotics Division in $200 Million Deal
Jan 16, 2025
Eye 136

Symbotic has acquired Walmart's robotics division for $200 million, enhancing its automated supply chain capabilities. This move increases Symbotic's market presence and strengthens its ongoing collaboration with Walmart.
Japanese Chip Gear Makers Adjust Forecast Amid Spending Slowdowns
Japanese Chip Gear Makers Adjust Forecast Amid Spending Slowdowns
Jan 16, 2025
Eye 120

Japanese chip equipment makers adjust fiscal 2025 revenue forecasts amid reduced spending from China and industries, influenced by AI demand and export limits.
Metlen Energy to Launch EU's First Gallium Production Line
Metlen Energy to Launch EU's First Gallium Production Line
Jan 16, 2025
Eye 140

Greece's Metlen Energy & Metals SA is leading a transformative project by establishing the EU's first gallium production line, aiming to reduce reliance on Chinese imports amidst global trade tensions.
Canada Seeks G-7 Collaboration on Critical Mineral Pricing Floor
Canada Seeks G-7 Collaboration on Critical Mineral Pricing Floor
Jan 15, 2025
Eye 175

Canada encourages G-7 discussions on critical mineral pricing to address China's market dominance, focusing on fair trade standards and sustainable sourcing.
Arafura Rare Earths Ltd. Secures Major Investment for Australian Project
Arafura Rare Earths Ltd. Secures Major Investment for Australian Project
Jan 14, 2025
Eye 121

Arafura Rare Earths Ltd. receives A$200 million from Australia's National Reconstruction Fund, bolstering its Nolans project and strengthening Australia's rare earth supply chain.
Wabtec Corp's Strategic Acquisition of Evident's Inspection Technologies Division
Wabtec Corp's Strategic Acquisition of Evident's Inspection Technologies Division
Jan 14, 2025
Eye 172

Wabtec Corp enhances its industrial capabilities by acquiring Evident's inspection technologies division to drive innovation and growth.
United Rentals to Acquire H&E Equipment Services in a $4.8 Billion Deal
United Rentals to Acquire H&E Equipment Services in a $4.8 Billion Deal
Jan 14, 2025
Eye 286

United Rentals will acquire H&E Equipment Services for $4.8 billion, enhancing market position with a broader customer base and expanded reach.
US Residential Energy Consumption Reaches Record High Amidst Soaring Temperatures
US Residential Energy Consumption Reaches Record High Amidst Soaring Temperatures
Jan 11, 2025
Eye 178

The US experiences record-high residential energy consumption in 2024 amidst rising temperatures, challenging energy providers to manage increased demand efficiently.
Germany Faces Potential Winter Recession Amid Factory Activity Decline
Germany Faces Potential Winter Recession Amid Factory Activity Decline
Jan 8, 2025
Eye 312

Germany's factory activity slump signals possible winter recession, highlighting manufacturing challenges and economic concerns.
UK Faces Power Market Warning Amid Cold Snap
UK Faces Power Market Warning Amid Cold Snap
Jan 8, 2025
Eye 255

The UK's electricity grid operator warns of market strains as cold weather leads to low wind output and high demand, highlighting renewable energy reliance and grid challenges.
Alta Resource Technologies Secures $5.1 Million for Rare Earth Element Extraction
Alta Resource Technologies Secures $5.1 Million for Rare Earth Element Extraction
Jan 8, 2025
Eye 237

Alta Resource Technologies raises $5.1 million to innovate rare earth element extraction, leveraging biochemistry for sustainable, efficient mineral recovery.
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