Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) – Ford Supplier SK Innovation To Split Battery Business

Desy Papper

Ford Motor Co (NYSE: F) and Volkswagen AG’s (OTC: VWAGY) battery supplier SK Innovation Co said on Wednesday it is splitting the battery business amid rising global demand for electric vehicles.

What Happened: SK Innovation plans to form a separate unit named SK Battery later this year after seeking approval from shareholders on Sept.16, the company said in a statement.

The South Korean conglomerate also plans to separate its oil exploration and production operations into a new unit, following which both companies will become wholly-owned subsidiaries.

The company, which rivals LG Chem — the battery supplier of Tesla Inc

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The Apple Watch Series 7 may be delayed due to manufacturing issues

Desy Papper

The next Apple Watch is experiencing manufacturing issues that could lead to the product being released later than expected, according to separate reports from Nikkei and Bloomberg. The potential delay is reportedly due to complexities in the smartwatch’s new design, which is rumored to include flat sides and bigger screens.

Sources told Nikkei that small-scale production for the next Apple Watch had begun but that it encountered “critical challenges in reaching satisfactory production performance.” Bloomberg reported similar details. Production has now been “temporarily halted” while Apple and its suppliers work to solve the manufacturing issues ahead of eventual mass

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Latest manufacture, design technology – Today’s Medical Developments

Desy Papper

1. How do you define multitasking machining?

Many machines are limited to one type of operation, such as turning, milling, drilling, or grinding. As the name implies, multitasking machines can perform several processes on a single machine or operation.

2. How do multitasking machines work?

Many multitasking machines use multiple tools, sometimes three or more tools simultaneously. Depending on the machine, the tools are loaded on separate automatic tool changers, turrets, or tool magazines. Some models are equipped with a milling spindle that rotates around its axis, generally referred to as the B-axis. These models can machine complex shapes using

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B&G Foods Announces Sale of Portland, Maine Manufacturing Facility

Desy Papper

PARSIPPANY, N.J.–(BUSINESS WIRE)–B&G Foods, Inc. (NYSE: BGS) announced today that it has reached an agreement to sell its Portland, Maine manufacturing facility and 13.5 acre waterfront property to the Institute for Digital Engineering and Life Sciences. B&G Foods plans to move manufacturing operations of B&M, Underwood and certain other brands to third-party co-manufacturing facilities and existing B&G Foods manufacturing facilities. The decision to close the Portland manufacturing facility, which is more than 100 years old, is consistent with B&G Foods’ ongoing efforts to improve productivity and reduce overall costs.

The Portland property will become the future home

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Automotive parts manufacturer Setco announces relocation to Boone County, addition of new jobs

Desy Papper

Setco Sales Co., a manufacturer of spindles and other precision parts and specialty products for the automotive and aerospace industries, will relocate its headquarters to Boone County and create 30 quality jobs in the coming years.

Currently based in Cincinnati, Setco’s move to Boone County will allow the company to maintain its existing employee base of approximately 60, which includes six Kentucky residents, and complete a $6.25 million expansion to boost production capacity. The new facility will increase Setco’s capacity to manufacture, repair and service high-performance precision spindles – a key part of CNC machining and many suspension-and-wheel-rotation systems, among

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