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Stay informed with the latest Industrial and Manufacturing market news in our newsroom. From advancements in automation and supply chain innovation to key industry trends and market updates, we provide the insights you need to navigate this essential sector.

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Global Static VAR Compensator Market Valuation to Reach USD 1,667.0 Million by 2034, With a 5.0% CAGR | Future Market Insights, Inc.
Industrial & ManufacturingCompany Update

Global Static VAR Compensator Market Valuation to Reach USD 1,667.0 Million by 2034, With a 5.0% CAGR | Future Market Insights, Inc.

July 23, 2024 5:00 AM

As per the latest analysis, the global static VAR compensator market value is forecast to increase from USD 1,020.2 million in 2024 to USD 1,667.0 million by 2034. Over the assessment period, global demand for static VAR compensators is predicted to surge at a CAGR of 5.0%.The thyristor controller reactor segment dominates the global SVC market, holding a volume share of 41.1% by 2024. On the other hand, the static synchronous compensator...

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Final Bell Holdings International Announces Rights Offering and Provides Corporate Update
Industrial & ManufacturingCompany Update

Final Bell Holdings International Announces Rights Offering and Provides Corporate Update

July 22, 2024 9:00 PM

VANCOUVER, BC / ACCESSWIRE / July 22, 2024 / Final Bell Holdings International Ltd. (the "Company" or "Final Bell", "we" and "our") announced that it will be offering rights (the "Offering") to holders of its Class A Subordinate Voting Shares ("Class A Shares") and Class B Proportionate Voting Shares ("Class B Shares") of record at the close of business on July 17, 2024 (the "Record Date"). Each holder (a "Shareholder") of Class A Shares or...

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The Eastern Company Announces Timing of Second Quarter Fiscal Year 2024 Earnings Release and Conference Call
Industrial & ManufacturingEarnings

The Eastern Company Announces Timing of Second Quarter Fiscal Year 2024 Earnings Release and Conference Call

July 22, 2024 4:10 PM

SHELTON, CT / ACCESSWIRE / July 22, 2024 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, will release financial results for the second quarter fiscal year 2024 after the market close on Tuesday, August 6, 2024.Management will hold a conference call and webcast on Wednesday, August 7, 2023 at 11:00 a.m. ET to discuss the...

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Abbott and Partners Going Beyond Disaster Relief to Disaster Resilience
Industrial & ManufacturingEnvironmental, Social and Governance

Abbott and Partners Going Beyond Disaster Relief to Disaster Resilience

July 22, 2024 2:45 PM

Abbott, nonprofit partners build resilience in communities most impacted by natural disasters.NORTHAMPTON, MA / ACCESSWIRE / July 22, 2024 / Resilience. It's often defined as the ability to recover quickly from challenges and difficulties. It requires adaptability and is a skill that is especially important for families and communities facing extreme weather or other unexpected challenges where so much can change - without warning.When natural...

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Luxury Rigid Box Market Trends: Steady Growth Expected with a CAGR of 3.8%, Reaching USD 6,200.7 Million by 2034 | Future Market Insights, Inc.
Industrial & ManufacturingCompany Update

Luxury Rigid Box Market Trends: Steady Growth Expected with a CAGR of 3.8%, Reaching USD 6,200.7 Million by 2034 | Future Market Insights, Inc.

July 22, 2024 1:00 PM

NEWARK, DE / ACCESSWIRE / July 22, 2024 / The luxury rigid box market is expected to be valued at USD 4,277.9 million in 2024. The market is projected to progress at a CAGR of 3.8% from 2024 to 2034. By 2034, the market value is forecasted to hit USD 6,200.7 million.The luxury rigid box market has been witnessing a significant increase in demand in recent years, driven by several factors. The growing preference for premium packaging solutions...

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Logitech Reports Carbon Reduction Progress in FY24 Impact Report
Industrial & ManufacturingEnvironmental, Social and Governance

Logitech Reports Carbon Reduction Progress in FY24 Impact Report

July 22, 2024 12:00 PM

Company releases FY24 Impact Report detailing environmental and social achievementsLAUSANNE, SWITZERLAND and SAN JOSE, CA / ACCESSWIRE / July 22, 2024 / Logitech International (SIX:LOGN) (Nasdaq:LOGI) published its annual Fiscal Year 2024 Impact Report detailing the Company's progress toward its sustainability ambition. The Company reports continued product carbon reduction progress at scale by Designing for Sustainability (DfS) across its...

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Upholding Integrity: International Paper's Commitment to Ethics, Human Rights, and Responsible Conduct
Industrial & ManufacturingEnvironmental, Social and Governance

Upholding Integrity: International Paper's Commitment to Ethics, Human Rights, and Responsible Conduct

July 22, 2024 11:05 AM

Originally published in International Paper's 2023 Sustainability ReportNORTHAMPTON, MA / ACCESSWIRE / July 22, 2024 / International Paper CompanyEthics and integrityThe International Paper Code of Conduct serves as a compass for how we conduct ourselves and helps us successfully navigate ethical challenges as they arise. As we pursue our vision to be among the most successful, sustainable and responsible companies in the world, the Code gives...

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Tork Partners With Wells Fargo Center To Deliver a Superior Arena Experience Through Sustainable Hygiene Management
Industrial & ManufacturingEnvironmental, Social and Governance

Tork Partners With Wells Fargo Center To Deliver a Superior Arena Experience Through Sustainable Hygiene Management

July 22, 2024 9:30 AM

Partnership to feature award-winning innovations, including Tork PeakServe Continuous Hand Towel System and Tork Vision Cleaning, helping arena reduce waste and increase efficiencyOriginally published on Tork News CenterNORTHAMPTON, MA / ACCESSWIRE / July 22, 2024 / Wells Fargo Center and Tork®, an Essity brand, announced a formal partnership to enhance sustainability, efficiency and overall fan experience through innovative hygiene solutions....

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Otis Brazil Factory Receives ISO 45001 Occupational Health & Safety Management Systems Certification
Industrial & ManufacturingEnvironmental, Social and Governance

Otis Brazil Factory Receives ISO 45001 Occupational Health & Safety Management Systems Certification

July 22, 2024 9:30 AM

SÃO BERNARDO DO CAMPO, BRAZIL / ACCESSWIRE / July 22, 2024 / Otis Brazil's factory in São Bernardo do Campo recently received its ISO 45001 certification, an international standard that specifies the requirements and good practices for effective occupational health and safety management systems. Otis Brazil is a subsidiary of Otis (NYSE:OTIS), the world's leading elevator and escalator manufacturing, installation and service company.ISO 45001...

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KI's Tributaire Collection Shines at NeoCon 2024 with Multiple Award Wins
Industrial & ManufacturingAwards

KI's Tributaire Collection Shines at NeoCon 2024 with Multiple Award Wins

July 22, 2024 9:00 AM

KI is proud to announce that the Tributaire Collection has received prestigious accolades at NeoCon 2024, one of the most significant events in the commercial design industry. The collection was honored with the following awards:• Best of NeoCon Silver Award for Conference Room Furniture• Best of NeoCon Silver Award for Task Tables• Interior Design Magazine HiP Award for Education/Government/Institutional: Furniture & SeatingThese awards...

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We, Sofidel. Food Stories, the Dishes That Tell Our Story
Industrial & ManufacturingEnvironmental, Social and Governance

We, Sofidel. Food Stories, the Dishes That Tell Our Story

July 22, 2024 8:30 AM

NORTHAMPTON, MA / ACCESSWIRE / July 22, 2024 / SofidelSofidelWelcome to the behind-the-scenes look at the making of the Sofidel 2024 calendar, "We, Sofidel - Food Stories. The Dishes that Tell our Story". In this exclusive video, we invite you to explore the heartfelt journey of our latest project dedicated to our people and their passion for food.Explore the creativity, passion, and dedication that Francesca Brambilla and Serena Serrani, among...

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Global Industrial Company to Report Second Quarter 2024 Results on July 30, 2024
Industrial & ManufacturingEarnings

Global Industrial Company to Report Second Quarter 2024 Results on July 30, 2024

July 22, 2024 8:00 AM

PORT WASHINGTON, NY / ACCESSWIRE / July 22, 2024 / Global Industrial Company (NYSE:GIC), a value-added distributor of industrial products and MRO supplies, today announced that it will release financial results for the second quarter ended June 30, 2024 on Tuesday, July 30, 2024 after U.S. market hours. Management will host a conference call and question and answer session on the Company's results at 5:00 p.m. Eastern Time on July 30th. To...

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Evergreen Construction (UK) Ltd. Experiences Unprecedented Growth, Expands Services and Workforce
Industrial & ManufacturingProduct Announcements

Evergreen Construction (UK) Ltd. Experiences Unprecedented Growth, Expands Services and Workforce

July 22, 2024 7:45 AM

LONDON, UK / ACCESSWIRE / July 22, 2024 / Evergreen Construction (UK) Ltd., a leading provider of diversified construction services, today announced a significant increase in demand for its services, driven by both existing and new clients. In response to this remarkable growth, the company is expanding its service offerings, actively seeking to broaden its established customer base, and implementing strategic hiring initiatives to support its...

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China's First Integrated Transportation Center Officially Opens Ahead of Schedule
Industrial & ManufacturingProduct Announcements

China's First Integrated Transportation Center Officially Opens Ahead of Schedule

July 22, 2024 7:30 AM

QINGDAO, CHINA / ACCESSWIRE / July 22, 2024 / China's first integrated transportation center, the Jinjialing Overpass Underground Comprehensive Transportation Center, officially commenced operations on December 26, 2023, one and a half years ahead of schedule. This groundbreaking project, led by Qingdao Huatong Static Traffic Group, a subsidiary of Huatong Group, represents a significant advancement in urban infrastructure by combining an...

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2023-2024 Cummins Sustainability Progress Report: Leading Through the Energy Transition
Industrial & ManufacturingEnvironmental, Social and Governance

2023-2024 Cummins Sustainability Progress Report: Leading Through the Energy Transition

July 19, 2024 10:15 AM

At Cummins, our business and environmental strategies are intentionally and intricately aligned.by Jonathan Wood, Chief Technology OfficerNORTHAMPTON, MA / ACCESSWIRE / July 19, 2024 / Cummins Inc.OUR COMMITMENT TO SUSTAINABILITYI came to Cummins because of the opportunity to work on innovative productsthat exceed customers' expectations and lessen our impact on the environment. Three decades later, we've made tremendous strides on both fronts...

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Sofidel: Europe for Climate Neutrality
Industrial & ManufacturingEnvironmental, Social and Governance

Sofidel: Europe for Climate Neutrality

July 19, 2024 10:00 AM

Sofidel Soft and Green blogNORTHAMPTON, MA / ACCESSWIRE / July 19, 2024 / Becoming Net Zero by 2050 entails reducing carbon emissions to zero in Europe to curb the rise in global temperatures and stabilize them within 1.5 °C. To support the path to Europe becoming the first climate-neutral economy, the Green Deal Industrial Plan for the Net-Zero Age was published in February 2023. The plan has four pillars: a predictable and simplified...

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Wesco Celebrates Its Annual Day of Caring
Industrial & ManufacturingEnvironmental, Social and Governance

Wesco Celebrates Its Annual Day of Caring

July 19, 2024 9:15 AM

NORTHAMPTON, MA / ACCESSWIRE / July 19, 2024 / Why does making a difference matter?Wesco's Day of Caring is a celebration and something deeply rooted in the company culture.The company's Day of Caring events encouraged employees to give back to the community and learn about local opportunities to do so. Employees learned more about the company's matching gifts and paid volunteer time off programs, as well as corporate giving support of the...

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Panel Built Inc. Adds Telecom Shelters to Its Lineup
Industrial & ManufacturingProduct Announcements

Panel Built Inc. Adds Telecom Shelters to Its Lineup

July 19, 2024 8:00 AM

ATLANTA, GA / ACCESSWIRE / July 19, 2024 / Panel Built Inc., a renowned modular building manufacturer with a strong track record, is proud to introduce its latest innovation - a new line of telecom shelters. These shelters are engineered to provide reliable protection for telecommunications equipment, even in the most remote locations or the harshest weather conditions.Telecom Shelter Based on its extensive experience, Panel Built constructs its...

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CTT Systems AB (publ.) - Interim Report Second Quarter 2024
Industrial & ManufacturingEarnings

CTT Systems AB (publ.) - Interim Report Second Quarter 2024

July 19, 2024 2:12 AM

NYKÖPING, SWEDEN / ACCESSWIRE / July 19, 2024 / CTT Systems AB (STO:CTT)SECOND QUARTER 2024Net sales increased by 4% to MSEK 82.4 (79.0) - Currency adjusted increase of 3%Operating profit (EBIT) decreased to MSEK 31.4 (33.7)Operating margin (EBIT margin) decreased to 38% (43)Profit margin amounted to 38% (39)Net profit amounted to MSEK 24.6 (24.8)Earnings per share were SEK 1.96 (1.98)Operating cash flow decreased to MSEK 16.1 (62.2)JANUARY -...

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Mondelēz 2023 Snacking Made Right Report: Climate Risks
Industrial & ManufacturingEnvironmental, Social and Governance

Mondelēz 2023 Snacking Made Right Report: Climate Risks

July 18, 2024 4:50 PM

NORTHAMPTON, MA / ACCESSWIRE / July 18, 2024 / Mondelēz InternationalOur approach to climate change is broad, interconnecting our goals across areas like responsible sourcing, social sustainability and human rights.Our approach also links our carbon emission-reduction goals, our leadership in sourcing ingredients more responsibly, and our commitment to social sustainability and human rights across our value chain. Every element of our approach...

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