Manufacturing

Federal Injunction Forces Pharmaceutical Manufacturer to Close Doors

On Friday, an Illinois pharmaceutical manufacturer was ordered to stop making and selling adulterated drugs. The company was also ordered to destroy all drugs in the factory not deemed medically necessary. Morton Grove Pharmaceuticals manufactures prescription and over-the-counter drugs, including cough syrup and nasal spray. The company is a subsidiary of Wockhardt, an Indian company. …

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MidCentral Energy Adds North Texas Manufacturing Facility

OKLAHOMA CITY, Aug. 23, 2022 /PRNewswire/ — MidCentral Energy Partners, LLC, an asset performance management company serving the energy sector, is expanding their footprint with a 50,000 square foot lease in Fort Worth. The expansion will bring MidCentral’s operating infrastructure to over 140,000 square feet and will support the company’s manufacturing/remanufacturing and site services product …

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ThinkIQ and CESMII Partner to Drive Adoption of Smart Manufacturing Technology

CESMII to license ThinkIQ’s Smart Manufacturing capabilities as the underlying framework powering the CESMII Smart Manufacturing Innovation Platform, to accelerate Industry 4.0 journey for US manufacturers of all shapes and sizes ALISO VIEJO, Calif., Aug. 23, 2022 /PRNewswire/ — ThinkIQ, a pioneer of digital manufacturing transformation SaaS, today announced that the Clean Energy Smart Manufacturing …

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Hitachi Energy ramps up manufacturing of ‘power quality’ products – pv magazine India

Hitachi Energy’s new production facility in India will manufacture solutions that support stable electrical networks and reduce energy consumption. August 23, 2022 Uma Gupta Hitachi Energy has opened a new and larger facility of power quality products manufacturing in the Indian state of Karnataka. The new facility is located at Doddaballapur in Bengaluru. It doubles …

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Myeloid Therapeutics Strengthens Senior Team to Support the Expansion of its Manufacturing Capabilities

CAMBRIDGE, Mass., Aug. 23, 2022 /PRNewswire/ — Myeloid Therapeutics, Inc. (“Myeloid”), a clinical stage mRNA-immunotherapy company harnessing the power of myeloid and innate biology to engineer novel therapies that elicit a broad immune response for cancer and autoimmune diseases, today announced that it has expanded its manufacturing capabilities with the appointments of Jerome ChalPh.D., as …

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Intel Advances Smart Capital, Introduces First-of-its-Kind Semiconductor Co-Investment Program for Manufacturing Build-Outs

SANTA CLARA, Calif.–(BUSINESS WIRE)–Intel Corporation today announced a first-of-its-kind Semiconductor Co-Investment Program (SCIP) that introduces a new funding model to the capital-intensive semiconductor industry. As part of its program, Intel has signed a definitive agreement with the infrastructure affiliate of Brookfield Asset Management, one of the largest global alternative asset managers, which will provide Intel …

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Pritzker Private Capital Promotes Kaitlyn Desai to Principal for Its Manufactured Products Team

CHICAGO–(BUSINESS WIRE)–Pritzker Private Capital (“PPC”), a leader in family direct investing, today announced the promotion of Kaitlyn Desai to Principal – Manufactured Products. PPC’s Manufactured Products team aims to deploy significant capital investing in growth-oriented packaging, food, specialty industrial, personal care and contract manufacturing businesses. Based in Chicago, Ms. Desai joined the firm as a …

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Pharmaceutical Contract Manufacturing & Research Services Market Report 2022: Increasing Number of CDMOs and Rising Investments in Advanced Manufacturing Technologies Fuel Growth – ResearchAndMarkets.com | Nation/World

DUBLIN–(BUSINESS WIRE)–Aug 23, 2022– The “Pharmaceutical Contract Manufacturing & Research Services Market Research Report by Service (Manufacturing and Research), End-user, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2027 – Cumulative Impact of COVID- 19” report has been added to ResearchAndMarkets.com’s offering. The Global Pharmaceutical Contract Manufacturing & Research Services …

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Germany August flash manufacturing PMI 49.8 vs 48.2 expected

Prior 49.3 Services PMI 48.2 vs 49.0 expected Prior 49.7 Composite PMI 47.6 vs 47.4 expected Prior 48.1 There’s a bit of a constrast to the report as the manufacturing print was better than estimated but the services print was more disappointing. But when put together, it still points to a further contraction in the …

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