Microsoft has announced the largest investment in its 40-year history in Germany to accelerate the possibilities and benefits of artificial intelligence (AI) in the country.

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Endress+Hauser intends to take over the operations of the Swiss supplier Angenstein Estech, including its production plant in Cernay, France, Estech Industries Angenstein, succursale de Cernay. Representatives of both companies have signed a letter of intent to this effect. All jobs at the metalworking company are to be retained.

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Although the EU Supply Chain Directive pursues a correct and important goal, it is simply not feasible in practice for European companies. Eight business organizations, including VDMA and ZVEI, are calling for a new draft.

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Zahoransky has sold the production site for injection molds to management as part of the group's future-oriented development. As part of a management buy-out, Monty Tepper, the long-standing managing director and toolmaking expert, is taking over entrepreneurial responsibility.

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BASF is divesting its shares in the two joint venture companies in Xinjiang, China. On the one hand, this is for economic reasons, and on the other hand, BASF's investments in China have been criticized for possible human rights violations.

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Dr.-Ing. Kurt D. Bettenhausen, Chief Technology and Development Officer, is leaving the Harting Technology Group by mutual agreement. He will relinquish his office on March 01, 2024.

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Following its strong trade fair results in 2023, parts2clean will continue to develop its consistently market-oriented strategy and switch to a two-year event cycle in the odd-numbered calendar years. This was decided by the organizers, Deutsche Messe in Hanover, together with the German Industrial Parts Cleaning Association (FiT), the trade fair advisory board and the exhibiting companies.

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The German technology company Continental, together with the governor of Aguascalientes, has announced the construction of a new hydraulic hose plant for industrial purposes. The planned investment amounts to around 90 million dollars and is one of the largest investments for Continental's Contitech division in 2024.

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Dassault Systèmes has announced its unaudited IFRS financial results for the fourth quarter and the year ending December 31, 2023.

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Although augmented reality (AR) is not yet established across the board in industry, it is becoming increasingly important. Almer Technologies wants to help this future technology achieve a breakthrough and will be cooperating with the global technology company TeamViewer in the future.

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Last week, we asked the readers of INDUSTRIAL Production how they would assess economic development in 2024 in light of the difficult political, social and economic circumstances for their company and their industry. The result is mixed, but with a clear trend.

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Michael Larsson took over the position of President at Dematic on January 1 and was simultaneously appointed as a member of the Kion Group Executive Board. He succeeds Hasan Dandashly, who has retired.

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In its trend research published in autumn 2023, BASF showed that the traditional color palette in the automotive sector has undergone a change. The recently published BASF Color Report 2023 for Automotive OEM Coatings underpins this trend with figures. According to the report, the colors white, black, grey and silver continue to dominate in private cars. In Germany, blue is one of the favorites.

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On January 26, 2024, the Plagiarius campaign awarded its dreaded "Plagiarius" negative prize for the 48th time to manufacturers and retailers of particularly brazen counterfeits and fakes.

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The founder and CEO of SVS-Vistek, Walter Denk, has taken his well-deserved retirement at the end of 2023. Robert Franz, who has already assumed the role of CEO for the German 2D vision companies within the TKH Group, will take over the management role of the innovative camera manufacturer SVS-Vistek.

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Messe Düsseldorf is expanding its competence in Turkey and is gaining three new, strong satellites for its global metal trade fair portfolio with the internationally important trade fairs for the metallurgy, foundry and aluminum industries - Ankiros/Turkcast and Aluexpo.

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