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Global News
1 US, BOSTON
3D printing: Fortify secures US$20mn in Series B funding
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Led by Cota Capital, 3D printing startup Fortify has secured US$20mn in its Series B funding.
The secured funding will help the company to scale up its manufacturing operations, fueling the growth of its team, accelerating its expansion in high-value application spaces, and transiting to volume manufacturing of the Flux Series 3D printers. 2 US
Addressing environmental challenges, the US department of Energy (DOE) plans to support domestic manufacturing improvements with US$24.5mn in funds to build resilient, modern electricity infrastructure.
UK
A major landmark for the industry, the UK government’s Industrial Decarbonisation Strategy gives “the confidence that our country is politically ready to take action on the Net Zero by 2050 target.”
The report emphasises the government’s crucial role in supporting the manufacturing industry.
5
EUROPE
Volkswagen Group to build six Gigafactories in Europe
Ramping up its transformation strategy, Volkswagen Group has set bold ambitions to build six cell factories (Gigafactories) with a total capacity of 240 gigawatt hours in Europe by the end of the decade.
GLOBAL
Top 10 global companies using lean manufacturing principles
In recent years, the requirement for large scale, global manufacturing has never been greater. Companies have adopted lean manufacturing to meet demands in all business sectors from worldwide consumer goods to vehicle and heavy machinery production.
6
ASIA, CHINA
Human Horizons: unveils new smart factory assembly plant
Equipped with cutting-edge autonomous machinery, Human Horizons has repurposed a gasoline powered vehicle plant for the production of its new HiPhi X super SUV.
The smart factory uses sophisticated technological tools practicing sustainability to limit its environmental impact.
