News

Honda Motor Co. is seeking deep cost reductions across its supply chain as it tries to restore profitability and close a competitive gap with faster-moving Chinese automakers.

The Japanese automaker is targeting 1.5 trillion yen ($9.4 billion) in savings by 2030 and has asked suppliers to sharply reduce costs, according to internal documents reviewed by Reuters and people familiar with the matter. The effort includes targeted reductions in several categories of vehicle components.

Trelleborg Group, through its business area Trelleborg Sealing Solutions, has signed an agreement to acquire Cascade Gasket and Manufacturing Company Inc., headquartered in Auburn outside Seattle, Washington, USA. The company specializes in advanced solutions for critical sealing and components used to ensure the proper assembly and securing of equipment and various systems in aircraft.

Greene Tweed has broadened its testing infrastructure with cryogenic leak and supercritical CO₂ rapid gas decompression (RGD) testing capabilities. These investments expand Greene Tweed’s support for today’s mission-critical industries, including semiconductor, aerospace, and energy, while preparing customers for emerging opportunities in hydrogen and carbon capture, utilization and storage (CCUS).

The Association of Equipment Manufacturers’ Manufacturing Express will stop at Carlisle TyrFil’s Berea facility on Sept. 16 as part of a national tour highlighting the people and companies behind U.S. equipment manufacturing.

The tour, organized by the Association of Equipment Manufacturers, visits manufacturing facilities across the country to showcase the industry’s workforce and its role in local communities.

Bekaert has signed a preliminary agreement with Nuova Icom, a Sardinian industrial engineering and metalworking company, for the reindustrialization of its Macchiareddu site in Sardinia (Italy).

The preliminary agreement signed with Nuova Icom provides for the transfer of Bekaert’s Macchiareddu site as well as the reemployment of Bekaert employees at the site, in accordance with the terms and conditions set out in the agreement.

On 1 September 2026, 32 apprentices and 12 students from the Baden-Württemberg Cooperative State University (DHBW) began their careers at Arburg. Steffen Kroner, Managing Director Finance, Controlling, IT and Global HR at Arburg, as well as Michel Vieth, Director Apprenticeship, warmly welcomed the 44 new ‘family members’ to Lossburg before they embarked on an exciting induction week.

Lubrizol announced an expanded collaboration with IMCD, a global leader in the distribution and formulation of specialty chemicals and ingredients, to increase access to medical polymer solutions in China. Under the agreement, IMCD will become an authorized distributor for Lubrizol’s medical polymers business in East China.

Dow showcased silicone materials and co-development capabilities designed to help semiconductor manufacturers address the thermal, mechanical and integration challenges intensifying as artificial intelligence, high-performance computing and data center applications drive demand for advanced packaging during SEMICON Taiwan 2026.

Trelleborg, Sweden – The Trelleborg Group, through its business area Trelleborg Industrial Solutions, has signed an agreement and completed the

AUMOVIO announced the completion of the sale of its Mechelen location to the Dumarey Group, following the intention announced on April 20, 2026. Under the agreement, the Dumarey Group takes over the Mechelen plant and its approximately 300 employees while customer relationships of the existing products remain with AUMOVIO