Isovolta is commercializing grades of a reformable, recyclable and weldable vitrimer prepreg as an alternative to epoxy resins for composites in aircraft interiors, electrical and industrial applications, having produced several hundred kilograms on series production equipment.
Nidec is investing more than 22 million euros over the next two years at its Fürstenfeld site in Austria, for a new inverter production line and production of its ATOM compressor family.
Automation technology maker B&R is expanding production capacity at its Eggelsberg and Gilgenberg sites in Austria, creating 100 new jobs in production and warehousing. The company cites strong order growth and an expanded Automation Campus of 35,000 m² in Eggelsberg.
Power and automation group ABB agreed to acquire North American low voltage product maker Thomas & Betts in a transaction described as approximately USD 3 billion.