Automotive
Stellantis — the Netherlands-based company that also owns Chrysler, Jeep and Fiat brands — said the injection molding workshop at Rennes will make front and rear modules.
Three of Unique Fabricating Inc.'s largest customers — including a top supplier of interiors — have agreed to bail out the insolvent auto supplier of plastics and rubber with price increases and investment of up to $15 million to tide over the company until it sells itself and restructures.
Lear is repurposing a 57,000-square-foot facility from seat assembly to electronic component production. The facility is expected to open in the third quarter of 2023.
Used well, companies can convert social media shares into free advertising. Highlighting employees and work-related perks can help attract talent. Use it poorly, and you can turn off that same talent or those same customers.
Suppliers, already juggling higher costs and choppy vehicle assembly schedules, need more insight into automakers' long-term electrification plans so they can create efficient strategies of their own, according to the annual study.
Greenpeace adds some high profile names to its push for a stronger plastics treaty, the Smart car gets another life as an EV and Loliware adds injection molding for its seaweed-based material.
Stellantis will pay $163 million to Faurecia as part of the deal for a share of Symbio, a hydrogen fuel cell joint venture that also includes Michelin.
Foster works in business development for Core and is a co-facilitator for its nonprofit organization, Molding Kids for Success, which works with local schools to give students access to STEM learning.
Canada's new passport design includes a polycarbonate page with laser etching.
Automakers are meddling less in the business of traditional parts suppliers as they scramble to secure their battery supply chains.
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