The proposed introduction of an industrial electricity price is seen by many as a solution to the crisis facing German industry. However, from the perspective of energy-intensive medium-sized enterprises like Siempelkamp Foundry in Krefeld, this hope is misleading. According to the company, the current plans to adapt the EU state aid framework (Clean Industry Deal State Aid Framework, CISAF) for an…

High energy prices: Though lower than during the 2022 peak, energy costs remain stubbornly high. Industrial electricity prices in the EU are twice as expensive as in the US and nearly 90% higher than in China. Natural gas, critical to automotive manufacturing, shows an even wider gap. This persistent cost disadvantage is squeezing Europe’s energy-intensive sectors. Bold action to bring industrial energy…

This development impacts key parts of the former Opel engineering center in Rüsselsheim and the nearby test track in Rodgau-Dudenhofen—both sites historically regarded as central pillars of German automotive development. The Dudenhofen proving ground, operational since the 1960s, has long been a symbol of integrated automotive testing infrastructure and development depth. For the foundry and supplier…

"We are consistently optimizing our production network in China to align with our long-term electric mobility strategy," a company spokesperson stated. The decision to close the plant is part of ongoing efficiency measures and a clear focus on future-oriented technologies. The Nanjing facility began operations in 2008 and reached an annual production capacity of approximately 300,000 vehicles by 2011. Most…

As part of the cooperation, SCANTEC is expanding its product portfolio with General Kinematics' high-performance vibration technology and now also offers highly specialized custom solutions beyond its existing range. In addition to classic conveyor troughs for sawmills, pellet plants, and board plants, the integration of GK technology also enables customized solutions for demanding conveying tasks. These…

The brand has recently been officially recognized by the Italian Ministry for Enterprises and Made in Italy (UIBM – Ufficio Italiano Brevetti e Marchi) as a “Marchio Storico di Interesse Nazionale” – Historical Trademark of National Interest. With this designation, SAVELLI joins an exclusive group of fewer than 900 companies across the country that have received this prestigious status. Established in 2019…

Despite global challenges and complex market conditions, there are still exciting developments in the foundry industry – especially in Mexico. An outstanding example of this is the impressive new greenfield project by the MAT Foundry Group , which demonstrates advanced technology, streamlined project management and the enduring strength of international cooperation. The project in Pachuca, Mexico , is an…

SKALA is a full-service system integrator and equipment provider specializing in the recycling and mining industries across Australia and New Zealand. Thomas Musschoot, General Kinematics’ CEO, commented, “It is exciting to add this well-respected brand to our organization. We identified a need in the Australian and New Zealand markets to make our mining and recycling system offerings more robust. Bringing…

In light of the transformation taking place in energy-intensive SMEs and the current debate about Germany as an industrial location, Deputy Minister-President and Minister for Economic Affairs of North Rhine-Westphalia Mona Neubaur visited the Siempelkamp foundry to gain an impression of the innovative solutions the medium-sized company is using to meet the challenges of global competition. With a complex…

Guangdong Hongte Technology Co., Ltd. (hereinafter referred to as “Hongte Technology”) announced that it will raise financing funds and invest the funds in the construction of the Thai auto parts production facility (Phase I), the technical redesign of the Zhaoqing production facility, the construction of the research and development center at its headquarters, and the increase in working capital. Regarding…