Global logistics company Maersk is establishing its North American headquarters in Charlotte, North Carolina. The $16 million development will create over 500 new jobs, bringing the company’s Charlotte workforce to nearly 1,300 positions.
Schneider Electric Canada has launched a new $20 million Albesol facility in Mississauga specializing in medium-voltage switchgear. The expansion will grow the workforce from 28 to 50 employees over the coming year to meet Canada’s growing electrification demands.
OpenAI and Foxconn are teaming up to co-design and manufacture AI data center equipment in the United States. The partnership includes developing racks, cabling, networking and power systems for AI infrastructure. Foxconn’s US factories in Wisconsin, Ohio and Texas will handle manufacturing.
Foxconn is making a major push into AI hardware, announcing a partnership with OpenAI at its annual Tech Day event. The collaboration focuses on designing and prototyping new equipment that could be manufactured in the United States.
The B20’s Industrial Transformation Task Force, chaired by Toyota South Africa CEO Andrew Kirby, has released a major report urging manufacturing-led growth as the solution to sluggish global expansion. With South Africa hosting the first African G20 summit this week, the recommendations emphasize p
The joint venture between the manufacturing giant and Google’s robotics spinoff aims to revolutionize factory automation. This partnership comes as Foxconn expands its robotics deployments across multiple facilities.
Schneider National just launched a premium rail service that promises shippers up to two days faster transit times between the US and Mexico. The Fast Track service guarantees 95% on-time performance and comes as Schneider’s intermodal business shows strong growth.
The US freight market is experiencing a significant downturn with truckload volumes falling across all categories. Trade tensions and inventory strategies are creating what analysts call a “structural goods recession” in transportation.
Advanced nuclear developer Oklo has signed a binding agreement with Siemens Energy for power conversion systems on its 75MW Aurora reactor. The deal aims to accelerate deployment of small modular nuclear reactors for data centers and industrial users. Siemens will provide steam turbines and generato
Alva Industries is launching TorqStudio, its new online platform for custom motor design and analysis. The platform will make its debut at SPS 2025 in Hall 3, Booth 259 before official release.
