Kaiser Aluminum commits $575 million to revolving credit facility Kaiser Aluminum Corporation of Franklin, Tennessee, a leading producer of semi-fabricated specialty aluminum products, announced October 16 that it has extended its $575 million senior secured revolving credit facility for up to an additional five years, subject to certain conditions, now maturing in October 2030. The facility has also been modified to incorporate certain improved terms offering greater operati

Pentagon looking to make big purchase of materials to keep pace with China The Pentagon is looking to buy as much as $1 billion of critical minerals to stockpile, the Financial Times reported, citing public filings published in recent months by the Pentagon’s Defense Logistics Agency.  The increased purchases come as new export controls of rare earths and other key materials for defense and technology manufacturing were unveiled by China’s Ministry of Commerce last week. Chin

Holland pulls rank on Chinese chipmaker Nexperia In a rare diplomatic move, a European governing body recently took action against a Chinese manufacturer. On September 30, the Dutch Minister of Economic Affairs invoked the Goods Availability Act, due to "serious governance shortcomings at semiconductor manufacturer Nexperia," per an international press release from The Hague (Netherlands). The company’s headquarters are located in Nijmegen, Netherlands, with additional subsi

DOE announces billion-plus loan to American Electric Power AEP Transmission, a Columbus, Ohio-based subsidiary of American Electric Power, has reportedly closed on a $1.6 billion loan guarantee at a preferred interest rate from the U.S. Department of Energy’s Loan Programs Office (LPO) to upgrade nearly 5,000 miles of transmission lines in Indiana, Michigan, Ohio, Oklahoma, and West Virginia. According to a corresponding press release , the agreement could save an estimated $

Deadline approaching for non-commercial submissions Calling all contributors: EASA still has openings for non-commercial presentations to provide informative peer-to-peer learning during the 2026 Convention in Orlando, Florida (June 13-16 of next year.) The association says "this is your opportunity to share your knowledge, experience and insights with professionals in the electromechanical industry."   Those interested need to submit their abstract by October 17 (tomorrow!)

The company has been around since 1918, and it's still thriving Ericson Manufacturing today announced a major expansion and technology investment as it enters a new chapter under fourth-generation family leadership – a milestone achieved by fewer than 3% of family-owned businesses.  The electrical safety and power distribution company is growing into a third building in Willoughby, Ohio, preparing to add 30 jobs, and investing in advanced technologies like 3D printing and ne

Dan Furrow takes on major role at electrical supplies distributor Electrical supplies distributor  Wesco  announced this week that Dan Furrow, Senior Vice President and General Manager of Electrical and Electronic Solutions (EES), will assume the responsibilities for the company's industrial business. Furrow has held "many roles" since joining the company in 2005, including leadership positions in marketing, category management and sales. Most recently, he was Vice President

EASA's burgeoning chapter holds its annual meeting and convention The EASA Europe, Asia & Africa Chapter held its 2025 convention in Malta, the storied island in the middle of the Mediterranean Sea. With 148 participants from 97 companies in 25 countries, "this event reflects the strength of our chapter community" EASA chair Linda Raynes said in a LinkedIn post. Over 2 days, leaders of the electromechanical service industry gathered to exchange knowledge, connect, and discuss

Bicker releases new power solution products for industrial automation Bicker Elektronik, the manufacturer based in Donauwoerth, Germany, announced what it describes as "a robust and fail-safe DIN rail bundle designed for control and automation tasks in industrial environments," in an October 9 press release. The flexible DIN rail solution combines three intentionally matched components: the Delta DRL-24V120W1EN AC/DC power supply, the Bicker UPSI-2406DP1 DC UPS with an integr

IMTS 2026 layout and tracks released for September at McCormick Place It may be a long way off, but since the show only happens every other year, the International Manufacturing Technology Show (IMTS) is always worth being prepared for. IMTS has released its 2026 layout and tracks for the September '26 edition of the world's largest manufacturing technology expo at McCormick Place in Chicago (September 14-19 of next year.) Showgoers and exhibitors can expect the following arr

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