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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

Canada and with free trade agreement countries such as Australia,” said Doug Parks, General Motors executive vice president for global product development, purchasing, and supply chain. “The The post General Motors taps Aussie company Element 25 to help expand US EV supply chain appeared first on Australian Manufacturing.

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

Fabricating & Metal Work

in spending in 2025 a significant increase from 2022 estimated spend of $5.7B. 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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Global semiconductor equipment sales forecasted to reach $124B in 2025: SEMI report

Canadian Manufacturing

Source: SEMI December 2023, Equipment Market Data Subscription * Total equipment includes new wafer fab, test, and assembly and packaging. Semiconductor manufacturing equipment growth is expected to resume in 2024, with sales forecast to reach a new high of $124 billion in 2025, supported by both the front-end and back-end segments.

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Hydraulic Cylinder Market Set To Hit $16.5 Billion By 2025!

Donlouco

*Source: Allied Market Research. The supply chains have been fine-tuned for tube, rod and the above-mentioned components making these companies a sleek manufacturing operation competing globally and winning contracts against the toughest competition. Source: Allied Market Research. billion by 2025.

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Hunt addresses business leaders; Carmaker to meet UK minister to urge Brexit rules overhaul - business live

The Guardian Manufacturing

Stellantis bosses are calling for a renegotiation of Brexit origin rules, saying the UK otherwise risks losing part of the country’s electric vehicle industry Stellantis originally raised its concerns about the weak domestic supply chain for electric vehicle manufacturing in a submission to the the business and trade committee.