News
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Guala Closures has signed an agreement to acquire Astir Vitogiannis Bros, a leading manufacturer of crown closures. Astir manufactures over 12bn closures annually and in the year ended 2023 generated a turnover of €75 million and an EBITDA of €19m. Established in 1953, Astir has two production plants in Greece and South Africa and a…
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Faerch Group celebrated a landmark moment with the Grand Opening of its state-of-the-art Cirrec plant in Duiven, Netherlands, marking a significant milestone in its journey to transform the rigid food packaging industry. “This is not just a day of celebration for Faerch Group; it is a symbol of our commitment to reshaping a broken system…
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Image courtesy 123rf Cologne-based energy service provider RheinEnergie has partnered with Munich-headquartered The Mobility House in efforts to couple the energy and e-mobility sectors through vehicle to grid technology. The partnership between RheinEnergie, the fifth largest energy utility company in Germany, and the bidirectional charging-focused The Mobility House, will tap into vehicle to grid (V2G)…
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Image courtesy 123rf Dublin-based ESB Networks has announced that it has 1,000MW of electricity storage connected to the Irish power grid. According to the medium and low voltage electricity infrastructure operator, the figure includes 731.5MW of battery storage projects and 292MW from Turlough Hill pumped storage power station. The energy storage facilities are connected across…
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Cape Town harbor and city lights. Image courtesy 123rf Ahead of the 2024 South African general election in May, the City of Cape Town has announced plans to invest more than R4 billion ($212.9 million) in electricity grid upgrades and maintenance over three years as part of its proposed Building for Jobs Budget for 2024/25.…
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From May 7 to 10, Spain’s largest packaging trade show will bring together more than 800 exhibitors from 28 countries and 1,250 brands at Fira de Barcelona’s Gran Via venue with the latest innovations in materials, packaging, containers, labels, wrapping, as well as processing and logistics technology and machinery adapted to the new regulatory framework…
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Q Source is proud to announce that it has received a congratulatory plaque from its long-standing partner, Excelta Corporation. This plaque commemorates the exceptional 40-year partnership between Q Source and Excelta. Excelta Corporation, founded in 1957 and headquartered in Buellton, CA, is a leading brand in the precision hand tool industry. With more than 60…
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Image: Stock The US Department of Energy (DOE) has awarded a $2.5 million grant to Iowa State University engineers to establish a new cybersecurity centre focused on protecting power grids that rely on renewable energy sources. The project, led by Iowa State University’s Manimaran Govindarasu, will lead to the creation of the Center for Cybersecurity…
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The Surface Mount Technology Association (SMTA) Long Island Chapter is thrilled to announce its 30th Anniversary and Membership Appreciation Event on Wednesday, May 15th, 2024, from 5:30 to 8:30 p.m. EST. The event will take place at Top Golf Long Island-Holtsville, promising an evening of camaraderie, celebration and fun-filled activities. As a token of gratitude…
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During the COVID-19 pandemic, prolonged lead times with tier 1 component suppliers left many OEMs unable to ship vehicles and high-value electronic systems worth $100,000. This was due to a shortage of necessary components, particularly integrated circuit (IC) components, under $10. This led OEMs and Contract Manufacturers to rely on component resellers (brokers) to get…
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