PPG (NYSE: PPG) today announced that it will invest $380 million to build a new aerospace coatings and sealants manufacturing facility in Shelby, N.C. Construction on the 62-acre site, which will initially include manufacturing and warehousing units, is set to commence in October 2025 and is expected to be completed in the first half of 2027. The 198,000-square-foot facility will enable the company to continue meeting the growing demands of the aerospace industry. It will employ more than 110 ...

BeOne Medicines Ltd. (NASDAQ: ONC; HKEX: 06160; SSE: 688235), a global oncology company formerly known as BeiGene, Ltd., today announced its new name and redomiciliation to Switzerland are officially in effect, marking a significant milestone in the Company’s evolution. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250526273239/en/BeOne Medicines' biologics manufacturing facility and clinical R&D center in Hopewell, NJ. “BeOne ...

AngloGold Ashanti plc (“AngloGold Ashanti”, “AGA” or the “Company”) has agreed to sell its interest in Mineração Serra Grande mine (“MSG”) located in the state of Goiás, Brazil, to Aura Minerals Inc. (“Aura”). The Company will sell Mineração Serra Grande S.A. (“Sale”), which owns MSG to a Brazilian incorporated affiliate of Aura (“Purchaser”) for the following consideration: A cash consideration of $76 million on closing subject to certain working capital adjustments as at the closing date...

Toshiba Electronic Devices & Storage Corporation ("Toshiba") has started sample shipments of “TB9M001FTG,” the second product in its Smart Motor Control Driver “SmartMCD™ [1]” series. The microcontroller in the SmartMCD™ incorporates a relay driver[2] function and a LIN[3] transceiver function. The new product can drive relays and control two brushed DC motors and is suitable for controlling brushed DC motors in automotive applications. This press release features multimedia. View the full...

Murata Manufacturing Co., Ltd. (TOKYO: 6981) (ISIN: JP3914400001) has introduced a 3-axis accelerometer for the industrial market that combines high offset stability over temperature and time, good linearity, low noise density, and excellent robustness. The SCA3400-D01 XYZ accelerometer is meant for use in industrial applications such as structural health monitoring (SHM), machine control, inertial measurement units, and construction tools and systems. This product will be exhibited at Sensors ...

Arch Reinsurance Group (Arch Re) today announced that William Soares has been promoted to President of Arch Reinsurance Ltd. (Arch Re Ltd.), Pierre Jal has been named President of Arch Reinsurance Europe Underwriting dac (Arch Re Europe) and David Seyller elevated to Chief Underwriting Officer of Arch Re Europe, all effective immediately. As President of Arch Re Ltd., Soares will add to his current underwriting duties functional responsibility for operational departments such as finance and l...

During the Paris Air Show, Textron Aviation Defense LLC., a Textron Inc. (NYSE: TXT) company, and Thai Aviation Industries Co., Ltd. signed a Memorandum of Agreement to work together on a sustainment program for the Royal Thai Air Force (RTAF). This program will support RTAF's fleets of Beechcraft T-6TH and AT-6TH aircraft. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250618711147/en/Textron Aviation Defense LLC. and Thai Aviation...

GC Aesthetics® (GCA), a privately-held medical technology company providing aesthetic and reconstruction solutions for global healthcare markets is pleased to announce the appointment of Mr. Luigi Ferrari as Chairman of the Board (non-executive) and Mr. Patrick Lee as Board Director, reinforcing the company’s strategic direction and long-term growth plans. These appointments follow the renewed phase of partnership initiated in early 2024 with Hayfin Capital Management, a longstanding investor ...

DreamWorks Animation is deepening its collaboration with Lenovo, naming the company its preferred compute services, workstation, and solutions provider. This marks a milestone in a trusted partnership now strengthened by Lenovo’s solutions and services. By bringing together devices, data center infrastructure, and services into a seamless Lenovo ecosystem, DreamWorks has the compute power to scale with the ever-growing demands of its artistic and technical teams -- an essential advantage in an ...