Singapore: Technology company Siemens launched its first fully integrated digitalisation hub in the country.
Taiwan: The manufacturing purchasing managers’ index (PMI) rose for the 16th consecutive month in the country to reach 57.6 in June this year, according to the Chung-Hua Institution for Economic Research (CIER).
Singapore: Machine tool maker Yamazaki Mazak celebrated its 25th anniversary in Singapore this year. At the event, the company announced the expansion of their new tooling and machine tool production, inauguration of their new additive manufacturing solution centre.
The manufacturing world has already decided to get on board the Industry 4.0 bandwagon. But where exactly is this wagon going to take us in a world that is getting very interconnected as we speak? Craig Charlton, SVP, Asia Pacific Operations, Epicor gives us the lowdown
Indonesia: May’s reading for the Nikkei Indonesia Purchasing Managers’ Index (PMI) dropped to 50.6 in May from a reading of 51.2 in April. However, the reading remains comfortably above the line of 50.0 that separates expansion from contraction.
Qingdao, China: Airbus Group’s helicopter manufacturing arm Airbus Helicopters has started construction of its first assembly plant in China.
Singapore: The Purchasing Managers’ Index (PMI) for Singapore dropped 0.3 points in May to a slower expansion rate of 50.8, according to the Singapore Institute Of Purchasing And Materials Management.
Worldwide: Manufacturers expect that their investments in smart factories will drive a 27 percent increase in manufacturing efficiency over the next five years, adding US$500 billion in annual added value to the global economy, according to a research report by Capgemini’s Digital Transformation Institute.
Moscow, Russia: German automaker Daimler announced plans to open a plant near Moscow for passenger car production in Russia. Located at Esipovo Industrial Park, about 40 kilometres northwest of Moscow, the company will invest more than 250 million euros (US$279.8 million) in the new production facility, where the first cars will leave the assembly line in 2019.
China: Rail vehicle manufacturer Bombardier Transportation announced that its Chinese joint venture, Bombardier Sifang Transportation has secured a contract with China Railway Corporation to supply 144 CRH1A-A new generation high speed train cars for the country’s rail network.