This past May, automotive modules and components manufacturer TRW was purchased by transmission manufacturer ZF for $12.4 billion. The deal creates ZF-TRW—the world’s third-largest auto supplier, with 130,000 employees and annual sales of more than $34.2 billion.
Microsecond fiber lasers have been used successfully to cut hypotubes and stents for many years. While these lasers are precise and fast, they have a downside. Parts cut with them require several post-processing operations, which add cost and can damage delicate parts.
in August, the National Labor Relations Board (NLRB) ruled that companies using temporary workers are considered “joint employers” of those workers and share responsibility with staffing agencies for liabilities regarding them.
Less than four years after opening, Kia Motors Manufacturing Georgia Inc. (KMMG) celebrated the assembly of its one millionth vehicle on July, 11, 2013.