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Archive by category Manufacturing

Conagen Receives a Strategic Investment from Sumitomo Chemical

Bedford, Mass., March 31 (Korea Bizwire) — Greater Boston-based biotech Conagen has received a strategic investment from Sumitomo Chemical, global chemical company in Japan. The investment will accelerate Conagen’s synthetic biology research and development contributing to a clean and sustainable planet. Both Sumitomo Chemical and Conagen share a vision of bio-designing and introducing sustainable green chemicals to the market for reducing [...]

Align Technology Foundation Commits US$ 1 Million Donation for COVID-19 Relief Efforts

SAN JOSE, Calif., March 26 (Korea Bizwire) — Align Technology, Inc. (NASDAQ: ALGN) today announced that the Align Foundation, the Company’s donor-advised fund through Fidelity Charitable, has pledged to donate US$1 million to support COVID-19 relief efforts globally. Align will also donate personal protective equipment (PPE) such as N95 masks and is working with partners to [...]

Koch Engineered Solutions Acquires Sentient Energy in Initial Step Toward Building an Intelligent Electric Grid Platform

WICHITA, Kan., March 26 (Korea Bizwire) — Koch Engineered Solutions (KES), a unit of Koch Industries Inc., today announced it has acquired Sentient Energy. Sentient Energy is a leader in distribution grid transformation, providing intelligent line sensors and grid analytics software for fault detection, outage prevention, and safe, reliable power delivery. “The acquisition of Sentient [...]

Clarification Following Request from Borsa Italiana, the Italian Stock Exchange

London, March 24 (Korea Bizwire) - In response to a request from Borsa Italiana (the Italian Stock Exchange), CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) confirms that Hubertus Mühlhäuser resigned as CEO of CNH Industrial to pursue other interests. While Mr. Mühlhäuser offered to assist the Company while it searched for a successor, the Board [...]

CNH Industrial Names Chair Suzanne Heywood as Acting Chief Executive Officer – Process to Identify New Permanent CEO to Begin Immediately – Oddone Incisa Appointed as Chief Financial Officer

London, March 23 (Korea Bizwire) - The Board of CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that it has appointed Suzanne Heywood as Acting Chief Executive Officer, in addition to her role as Chair of the Board, to lead the business through this current unprecedented period and until a new permanent CEO has been [...]

CNH Industrial Announces Two Week Suspension of its Assembly Operations in Europe in Response to the COVID-19 Pandemic

London, March 20 (Korea Bizwire) - CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced today that, in light of the supply chain constrains caused by the COVID-19 emergency in Europe, it is suspending the majority of its European assembly operations for a two week period. This suspension applies to the Company’s agricultural, construction, commercial and [...]

SmileDirectClub Opens 3D Printing Facility to Aid in Production of Medical Supplies

NASHVILLE, Tenn., March 19 (Korea Bizwire) – SmileDirectClub, the industry pioneer and first direct-to-consumer medtech platform for teeth straightening, is one of the largest 3D printing manufacturers in the United States, and as a result has opened its manufacturing facility to partner with medical supply companies and health organizations to increase production of medical supplies necessary [...]

CNH Industrial Intensified Measures to Address COVID-19 Outbreak

London, March 11 (Korea Bizwire) - CNH Industrial N.V. (NYSE:CNHI / MI:CNHI) has expanded its already extensive measures to ensure a safe working environment for its employees in light of the COVID-19 emergency. The Company has been leveraging its experience acquired firstly in China, and more recently rolling out best practices across all regions in which [...]

FPT Industrial Acquires Potenza Technology to Extend Electrification Capabilities

London, March 11 (Korea Bizwire) - FPT Industrial, the global powertrain brand of CNH Industrial N.V. (NYSE:CNHI / MI:CNHI), today announced that it has acquired Potenza Technology, a company specialized in the design and development of electric and hybrid powertrain systems. This acquisition represents another step in FPT Industrial’s path towards electrification, one of the pillars [...]

Biotalys Announces Second Closing of €45 Million Series C Financing Round

GHENT, Belgium, March 5 (Korea Bizwire) – Biotalys NV, a rapidly growing and transformative food and crop protection company developing a new generation of protein-based biocontrols, today announces the second closing of its Series C financing round with €10 million, bringing the total amount of capital raised through its Series C to €45 million. The second [...]