Electronics
The acquisition of LKTT Plastic Technology adds a manufacturing site in Malaysia for the global company.
The American Indian Policy Institute calls broadband "an infrastructure that quite literally could have saved lives had it been in place prior to the onset of the pandemic."
Congressional legislation could help boost U.S. microchip manufacturing as demand for processors grows.
Magna said its U.S. headquarters in Troy, Mich., near Detroit, would be home to a "specialized team dedicated to" its upcoming electric pickup powertrain system, among other EV projects.
The Taylor, Mich., site has 76 employees and is a hub for injection molding small electric connector parts. The workers will be given the opportunity to transfer with the work to Traverse City, in northern Michigan.
3DXTech LLC, a Michigan-based manufacturer of high-performance 3D printing materials and 3D printed parts, has purchased a building in Grand Rapids more than 10 times the size of its current facility.
The assets of now-shuttered injection molder Aimet Technologies LLC will be sold in an online auction Aug. 13-15.
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