February 11, 2016
(BUSINESS WIRE)-- Rockwell Automation (NYSE: ROK) today announced that it has agreed to purchase MagneMotion, a leading manufacturer of intelligent conveying systems. MagneMotion systems are used across a broad range of industrial applications including automotive and general assembly, packaging and material handling. This acquisition will complement Rockwell Automation’s iTRAK to create the broadest portfolio of independent cart solutions in this emerging technology area.
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February 7, 2016
Anhui Jianghuai Automobile Co (JAC), plans to set up its first light-load truck assembly plant in Algeria, a report said.
The new plant is expected to be based in Algeria’s Ain Temouchent province, and will possess an annual capacity of assembling 10,000 light trucks, following the completion of the first phase, said the China Daily report.
The plant involved a total investment of $128 million and will be JAC's 19th vehicle assembly plant in the world and its first light truck plant in Africa, it said.
The company said it will be built through cooperation...
January 28, 2016
Accredited car concessionaires describe the government's decision to open the field of cars' import and not subjecting them to the new book of conditions, in respect of vehicles that are directed to persons, institutions, ministries and public bodies and owners of Taxi companies, a "disaster" and the policy of double standards, through the creation of an indirect way to import cars away from quota and import licenses by businessmen and selling cars on the used car markets.
Former Chairman of the Association of Accredited Car Concessionaires, and Head of Chairman "EVAL" company, Mohammed...
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