OPmobility announced the construction of a new manufacturing plant in Wood County, Ohio, set to start production in late 2027. This facility, the company's first dedicated to exterior automotive solutions in the Midwest, will produce bumpers, grilles, and tailgates, enhancing logistics and reducing transportation impact. The plant will create over 500 jobs and strengthen OPmobility's presence in a region responsible for 40% of U.S. automotive production, supporting the company's goal to expand in North America and double U.S. sales by 2030. The project received state tax credits and support from JobsOhio, reflecting confidence in Ohio's automotive sector and workforce.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
B&M European Value Retail's first-quarter update has divided analysts, with Deutsche Bank upgrading the stock to 'hold' citing stabilizing profit margins and a sensible turnaround strategy by new CEO Tjeerd Jegen. Deutsche Bank raised its profit fore...
Telo Genomics announced positive interim results from a clinical study analyzing blood samples of multiple myeloma patients to predict relapse risk using 3D telomere analysis. The test showed strong predictive accuracy, potentially offering a less in...
Meta now notifies parents if their teen talks about suicide or self-harm with its AI chatbot and is developing a feature to contact emergency services if risk is detected. This move addresses concerns about AI chatbots handling crisis conversations, ...
NTG Clarity Networks announced new purchase orders and contract renewals totaling about CAD 16.6 million, reflecting strong demand for its software development and digital transformation services. This includes $2.3 million from a real estate client ...
