AGP Executive Report
Last update: 8 hours agoPharma Manufacturing: GE HealthCare agreed to acquire SOFIE Biosciences for $945 million, adding 15 U.S. production sites and 21 cyclotrons to its PET radiopharmaceutical network. Bayer is planning a $2.2 billion drugmaking site in Ohio, while South Africa opened a public-access biomanufacturing facility in Pretoria. Automotive Supply Chains: FORVIA and India’s ANAND Group will form a seating joint venture, combining FORVIA’s technology with ANAND’s local manufacturing reach. Capacity Expansion: Patel Chem completed a Gujarat plant upgrade that lifts annual capacity 6.25-fold to 4,500 tonnes; TOYO marked completion of a 2-GW solar-module expansion in Texas. Semiconductors: Micron’s Taiwan union won strike authorization amid a bonus dispute, raising labor risk at a key memory-chip hub. Elon Musk says his companies will build and run the planned Texas Terafab, with Intel assisting on technology. Advanced Manufacturing: Queen’s University opened Northern Ireland’s £100 million innovation centre, focused on automation, AI and advanced materials, with the potential to support 1,500 jobs.
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