Aurora Material Solutions has expanded
Aurora Material Solutions, LLC (Aurora Material Solutions), a leading polymer compound manufacturer, has completed a major expansion at its Streetsboro, Ohio, facility. This milestone follows Aurora’s March acquisition of EnCom Polymers, strengthening its product portfolio and manufacturing capabilities. The Streetsboro plant expansion adds more than 140 million pounds of compounding capacity, bringing new jobs to the community […]
Jury awards Prysmian $96.5 million from Sterlite for violation of trade secrets
A U.S. jury has awarded Prysmian $96.5 million in damages from Sterlite Technologies for significant breaches of trade secrets. This pivotal ruling emerged from a three-week trial that demonstrated how a former Prysmian executive reportedly disclosed confidential information to a direct competitor. With allegations of thousands of pages of sensitive data being compromised, Prysmian’s leadership reiterated their commitment to safeguarding their innovations and upholding fair competition standards. As Sterlite intends to challenge the verdict, the ramifications of this case could potentially transform the telecommunications industry landscape. Explore the comprehensive account of this high-stakes legal dispute.
Danieli to provide a ‘green’ carbon solution for Emirates Steel Arkan
Danieli and Emirates Steel Arkan Sign Decarbonization MoU Italian plant equipment supplier Danieli signed a memorandum of understanding (MoU) with Emirates Steel Arkan for a carbon reduction initiative at the company’s Abu Dhabi plant. Together, the partners aim to speed up decarbonization across Emirates Steel Arkan’s direct reduction and steelmaking operations. Readers can learn more […]
Essex Furukawa Magnet Wire gets a new business name
Superior Essex Launches Essex Solutions Brand Superior Essex, a global leader in magnet wire and communications cables, announced the next phase of its wire business under the new Essex Solutions brand. The company acquired Essex Furukawa Magnet Wire and now rebrands that business as Essex Solutions. For more about the parent company, readers can visit https://superioressex.com and explore its […]
Tratos acquires Telnet and an AFL unit
Tratos Acquires Telnet and AFL Telecommunications Europe Italy-based Tratos Cavi S.p.A. acquired Spanish manufacturer Telnet and all shares of AFL Telecommunications Europe Ltd. (AFL TE), a unit of AFL Telecommunications LLC. Together, these acquisitions expand Tratos’ portfolio in fiber optics and specialized infrastructure solutions. For more information about Tratos, readers can visit https://www.tratosgroup.com, and for AFL, […]