article thumbnail

Nikon Begins Acquisition of Partner Avonix Imaging

Modern Machine Shop

Nikon and Avonix plan to further develop new products and enhance their businesses with Avonix’s customer base in the automotive and aerospace fields. Nikon says it has positioned digital manufacturing business as its key strategic business through 2025.

article thumbnail

Kia starts building facility for electric purpose-built vehicle (PBV) production

Canadian Manufacturing

The ceremony was held at Kia’s Hwaseong plant, located in Gyeonggi Province, South Korea, and was attended by over 200 people, including government officials, Hyundai Motor Group Executive Chair Euisun Chung, Kia’s Global President and CEO Ho Sung Song, and other employees from Hyundai Motor Group and the automotive parts industry.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

HP Supply chain and additive manufacturing opportunities in Spain

SMMT

We are facing a global supply crisis, strongly affecting the automotive sector, hindering its production chains and, therefore, its sales. Thus, we have learned that we must evolve towards more diversified supply chains, where components manufacturing sites are closer to assembly lines and consumer markets.

article thumbnail

The CHIRON Group publishes its first sustainability report

Dinesh Mishra

The objective is to achieve fully carbon-neutral production throughout the world by the end of 2025. Key customer sectors are the automotive, mechanical engineering, medicine and precision engineering, aerospace industries, as well as tool manufacturing. Around two thirds of machines and solutions that are sold are exported.

article thumbnail

Nikon Metrology Acquires Avonix Imaging

Modern Machine Shop

.” Together, the two companies will further advance the development of new products, while enhancing the business by leveraging the customer experience, especially in the automotive and aerospace industries. In its medium-term management plan through 2025, Nikon has positioned digital manufacturing as its key strategic business.

article thumbnail

Scape Technologies, Danish Technological Institute, and AMT join in a new EUROSTARS Project: Just in Time 3D Printing Production

i4.0 today

3D printing is a digital manufacturing technology, meaning that a large part of the production process is managed online. The project runs from January 2024 to September 2025. The SCAPE Bin-Picker systems are among others used in one of the world’s toughest fields: the automotive industry (e.g. Ford, Nissan and BMW).