Electrical-Electronics
A new acquisition boosts private equity group Auxo Investment Partners' growing wire harness and cable manufacturing platform as industry demand continues to grow.
Gund Co., a fabricator and manufacturer of engineered materials, has acquired Vanderveer Industrial Plastics LLC (VIP).
The deal is part of a strategy to add new brands and manufacturing capability for electronic fasteners and interconnects.
With a shell made of 20 percent recycled ocean plastic, the new mouse represents a focus on sustainability and the need to change the way materials are sourced, rather than technical innovations.
LG Electronics used about 22,000 tons of recycled plastics in 2020 and plans to increase that "more than tenfold" by 2025.
On Jan. 2, just days before the start of CES in Las Vegas, Adac announced it was teaming up with Ainstein Inc., a Lawrence, Kan.-based startup specializing in smart radar systems and other advanced sensing technologies, to form a 50-50 joint venture that will design, develop and manufacture millimeter wave radar-based sensing products for the global automotive market.
Though automakers are getting more realistic about just how quickly they will reach a fully-autonomous automotive future and are scaling back on some of their ambitious plans, advanced driver-assistance systems will still be big topics for suppliers who aim to be at the forefront of the future during CES in Las Vegas, starting Jan. 7.
Tessy Plastics LLC has completed a 35,000-square-foot addition to its injection molding, assembly and warehouse space at its Lynchburg, Va., plant.
"LSR innovation shouldn't just be done by the chemists in the labs. Innovation should be driven by changes in the marketplace."
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