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Freudenberg shows profitability, heavy investments in 2022
Global technology group, Freudenberg presents figures for the year 2022 which shows sales of more than €11.7 billion with an increase of 17 per cent, operating profit of €941.8 million with an increase of 7 per cent and €2 billion investment in research and development with 15 per cent increase in investment on future technologies.Read more
Motherson Sumi buys Bombardier’s electrical harnesses unit in Mexico for $ 10 mn
Bombardier Transportation’s Electrical Wiring Interconnection Systems (EWIS) provides world-class harnesses and electrical assembly based on standard solutions. MRS will continue manufacturing the electrical harnesses product at the Huehuetoca site in Mexico.Read more
Manufacturing partnership targets growth in Mexico
A global supplier of robotics is set to triple the size of its operations in Mexico with the backing of a leading cutting tool manufacturer.Read more
Drilling and completion fluids market worth $ 12.76 billion by 2023
According to a new market research report the global drilling and completion fluids market is expected to grow from an estimated $ 9.62 billion in 2018 to $ 12.76 billion by 2023, registering a CAGR of 5.82% during the forecast period.Read more