AGP Executive Report
Last update: 9 hours agoFactory Investment: Mars will invest £161m to modernise its Melton Mowbray pet-food plant, add advanced pouch lines and create more than 30 skilled roles. The company also plans $1.4bn in U.S. manufacturing and operations investment in 2027. Medical Manufacturing: India extended its medical-device incentive scheme to 2035-36 and eased entry requirements, with about ₹2,700 crore available to support domestic production. Separately, Ori Biotech partnered with UK manufacturer Europlaz to strengthen supplies of cell-therapy consumables. Automation: Welding-robotics startup Path Robotics raised $300m to expand its AI-driven systems, which adjust to metal distortion and part variations during production. Industrial Capacity: UAE steelmaker Embosal plans a 1.2-million-tonne-a-year hot-rolled coil plant, targeting operations by end-2027; Oman’s Keryas Paper Industry is backing a $12m tissue mill. Workforce & Restructuring: Wage protests in Bangladesh’s garment sector shut hundreds of factories as workers pressed for higher pay. Ferrara is also closing its Chicago candy plant, affecting 154 workers, while Canada’s Stellantis Brampton plant is set to be sold to defence manufacturer Roshel.
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