AGP Executive Report
Last update: 2 hours agoFactory Investment: Anabtawi opened a AED150 million ice-cream plant in Dubai, with capacity to produce more than 45 million litres a year for UAE and regional markets. Production Shifts: Ericsson moved mmWave radio production from Texas to Estonia, while Germany’s industrial output rose 0.7% in September, lifted by a rebound in auto production; output was still down 0.4% over the third quarter. Robotics: Agility Robotics went public through a SPAC merger, gaining access to $465 million as it targets growth in industrial and logistics automation. Its Oregon factory is designed to produce up to 10,000 robots annually. Trade and Supply Chains: China extended its suspension of an additional 24% tariff on U.S. goods and delayed export controls on materials including lithium and synthetic graphite until January. Advanced Manufacturing: Loramendi, Aurrenak and ExOne will combine conventional core-making expertise with sand 3D printing to give foundries more flexible production options. Regional Growth: Cape Town’s manufacturing summit on Wednesday will focus on investment, localisation, infrastructure and ways to connect the region’s industry with global markets.
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