Machinery and equipment manufacture

BAE Systems Australia will build a world class defence hub in Victoria, consolidating the company’s Victorian Maritime, Aerospace and Land businesses into a single facility that will foster collaboration and innovation, delivering sustainable jobs over multiple projects for decades to come.

Toshiba Corporation (TOKYO: 6502) today announced that it has concluded a memorandum of understanding (MOU) with Sem-Calaca Power Corporation (SCPC),

Altra Industrial Motion Corp. (Nasdaq:AIMC), a global manufacturer and marketer of electromechanical power transmission and motion control products, today announced unaudited financial results for the second quarter ended June 30, 2017.

Navistar announced that its Accelerator™ Write-Up mobile application has received the Axway Innovation Award for its successful use of Axway’s cross-platform app development product to drive measurable improvements in customer outcomes.

The Bavarian manufacturer of premium cars intends to sell worldwide more than 100 thousand electric cars in 2017. It was announced at the opening of the BMW dealer center in Nizhny Novgorod by the CEO of BMW Group Russia, Maximilian Kellner.

Sales of new cars and light commercial vehicles in Kazakhstan for 6 months of 2017 were 18,858 units, which is less by 11.8% than the result of a year ago.

The announced amount of investments is planned until 2022 and it includes the construction of a plant of carcass cabin in Naberezhnye Chelny, the renovation of production facilities and the launch of a new model line of the company.

The updated crossover BMW X3 was introduced in the Russian market at the end of June. Experts immediately noted that it became larger than its predecessor: the wheelbase was increased by 54 mm, the body length - by 59 mm.

According to the analytic agency "AUTOSTAT", the volume of the market of new cars in Ukraine in the first half of 2017 was 35.7 thousand units, by showing an increase of 36%. At the same time, 6,700 cars were sold in June, which is also more by 36% than a year ago.