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Justice Department Requires Divestitures in Transaction between Global Industrial and Agricultural Equipment Component Manufacturers Published: 18 July 2021 18 July 2021 Washington, DC - The Department of Justice announced Wednesday that it will require Danfoss A/S (Danfoss) and Eaton Corporation Plc (Eaton) to divest assets from both Danfoss’s and Eaton’s orbital motor and hydraulic steering unit manufacturing businesses in order to proceed with their proposed asset purchase agreement. Without these divestitures, the transaction would substantially lessen competition in the design, manufacture, and sale of orbital motors and hydraulic steering units used in agricultural, industrial and construction equipment in the United States. ....
FTG Circuits Segment Net Sales Down 35% in Q2 2021 iconnect007.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iconnect007.com Daily Mail and Mail on Sunday newspapers.
Date Time Defence awards engineers $2m extension funding Thanks to $2million in funding awarded by the Department of Defence, Sydney researchers will co-lead a truly global R&D collaboration, involving nine universities, on frontier materials science challenges in advanced manufacturing. Minister of Defence Industry, the Hon. Melissa Price, and US Secretary of Defense, Lloyd J Austin III, recently approved a recommendation from the US Office of Naval Research and Australia’s Department of Defence to grant an extension phase to an Australian-United States Multidisciplinary University Research Initiative (AUSMURI) program led by the University of Sydney. AUSMURI is one of the flagship schemes under the Next Generation Technologies Fund (NGTF) and is the Australian companion to the United States MURI program. Both programs create bi-lateral, multidisciplinary teams that conduct research on high-priority projects for future defence capability. ....