News
OYSTER BAY, NY – By 2016 nearly three million active vehicle charging stations will be in place worldwide, with annual revenues associated with the purchase and installation of those stations growing to nearly $13 billion that year, a new ABI Research study forecasts.
JUAREZ, MEXICO – Viasystems Group said it would relocate its electromechanical operations here to a larger facility later this year, more than doubling its space to 205,000 sq. ft.
The move is a result of demand in the Americas for metal fabrication, assembly and integration services from customers in the industrial, medical and telecom markets, the firm’s CEO, David Sindelar, says.
The facility will offer a large-format powder coat paint application system, precision sheet-metal capability, and increased capacity for backplane assembly.
WASHINGTON – The Securities and Exchange Commission issued proposed draft regulations implementing the Dodd-Frank Act, which would require firms to report whether goods contain conflict minerals from the Democratic Republic of Congo or other nearby countries.
Under the Dodd-Frank Act, conflict minerals include cassiterite, columbite-tantalite, gold, wolframite or their derivatives.
A webinar is being offered to address how the act may impact operations. Information will be provided on the status of the SEC's anticipated issuance of final regulations sometime in late 2011.
The webinar will provide a comprehensive overview of the Dodd-Frank Act and proposed SEC regulations; identification of industries and companies that would be subject to the new requirements; annual SEC reporting requirements, and due diligence considerations and key compliance issues raised by the proposed rules.
To register, visit www.strtrade.com.
