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2024/2025 Budget unveils further commitment to Australian Defence Force

Manufacturer's Monthly

million will be invested towards critical jobs, including scholarships, attracting and recruiting apprentices under the Shipbuilding Employment Pathways Initiative, supply chain support and uplifting the defence industrial workforce. million in additional military support to Ukraine.

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Honda to invest $15B in Canada to strengthen EV supply chain

Automation Mag

The proposed Honda EV value chain will also include a cathode active material and precursor (CAM/pCAM) processing plant through a joint venture partnership with POSCO Future M Co., Today’s announcement is a historic investment by a manufacturer in the Canadian auto industry.

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North American Tooling Spend Forecasted to Reach $8.3 Billion in 2025

Mold Making Technology

billion in spending in 2025, a significant increase from 2022 estimated spend of $5.7 Furthermore, the Detroit Three automakers, who source most of their tools in this region, are planning to source tooling for all new full-sized pickup trucks and SUVs in 2024/2025 and 2026, which significantly increases the tooling demand.

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2025 gas boiler ban proposed in UK government’s net zero review

E&T

It also proposes a 10-year plan to ensure heat pumps become more widespread throughout the UK and the banning of new gas boiler installations from 2025. A new infrastructure strategy should be implemented by 2025 that supports adaptation for new green energy sources such as hydrogen and other liquid and gaseous fuels, the report recommends.

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General Motors taps Aussie company Element 25 to help expand US EV supply chain

AU Manufacturing

Slated to go live in 2025, the facility, which is expected to be the first of its kind in the United States, will manufacture manganese sulphate by processing manganese concentrate from its mining operations in Western Australia. As part of the partnership, GM will provide E25 with a USD 85 million (AUD 127.1

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HP Supply chain and additive manufacturing opportunities in Spain

SMMT

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. Overall, the IEA (International Energy Agency) estimates cumulative sales of electric LDVs of 55-72 million by 2025. in Southern Europe.

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Global semiconductor equipment sales forecasted to reach $124B in 2025: SEMI report

Canadian Manufacturing

Total equipment excludes wafer manufacturing equipment. TOKYO — Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach $100 billion in 2023, a contraction of 6.1% Totals may not add due to rounding. from the industry record of $107.4 billion in 2023.