EiNDUSTRY

Foxconn Advances Plans for Wisconsin’s Technology Ecosystem, Adds More Than 1000 Jobs

Posted on January 22, 2019

In a letter to the Wisconsin Economic Development Corporation (WEDC) this week, Foxconn outlined key highlights of the company’s achievements in Wisconsin in 2018 following its decision last year to...
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Mercedes-Benz Cars considers car assembly in Egypt

Posted on January 22, 2019

Mercedes-Benz Cars has plans to start a new assembly plant in Egypt. “Egypt is an attractive and competitive location for production and supporting logistics," says Markus Schäfer, Member of the D...
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ODU expands with new production site in Romania

Posted on January 21, 2019

The new production hall was completed right on time at the end of September last year; the move into the new ODU Romania facility in Sibiu has now successfully been completed.
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Chinese drone manufacturer uncovers employee fraud

Posted on January 21, 2019

The drone manufacturer says that it has uncovered several cases of corruption within the company and that it expects losses of up to RMB 1 billion (EUR 129.43 million).
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Christian Koenen expands production capacity

Posted on January 21, 2019

Demand for complex, highly precise printing tools for electronics manufacturing is constantly rising. In order to respond to this Munich-based technology company, Christian Koenen Group, is expanding ...
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Tesla starts the year with layoffs – 3000 employees to go

Posted on January 21, 2019

In an open letter to Tesla employees, CEO Elon Musk says that the electric carmaker is laying off 7% of its full-time employee headcount.
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Fossil Group to sell smartwatch technology to Google’s

Posted on January 21, 2019

Fossil Group says that its plan to sell USD 40 million worth of intellectual property (IP) related to a smartwatch technology to Google.
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Admiral Cable Bringing Hundreds of Jobs to New Mexico

Posted on January 21, 2019

Taiwan-based Admiral Cable ended 2018 by announcing it will expand to Santa Teresa, New Mexico, with new construction of a 65,000 square foot facility.
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Indiana’s Lake Cable Starts 2019 with Multi-Million Dollar Expansion Plan

Posted on January 19, 2019

Lake Cable LLC, a privately-held wire and cable manufacturer, ended 2018 with plans in place to expand its operations in Northwest Indiana, resulting in the creation of up to 54 new jobs in the next t...
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