Wednesday, January 15

Tag: factory

Fire at Rivian’s factory damages numerous electrical automobiles

Fire at Rivian’s factory damages numerous electrical automobiles

Technology
A fire broke out in a car park at Rivian's Normal, Illinois, factory over the weekend, destructive numerous electrical cars, regional media is reporting. No injuries are being reported at this time. A representative for the Normal Fire Department informed The Verge that a report of a fire was hired at 9:43 PM CT on Saturday at the Rivian factory. That stated, Rivian is now leading the examination into the nature of the blaze, together with the business's insurer, with the town's fire authorities providing their assistance as required, Normal Fire Department representative Matt Swaney stated in an e-mail. "It is a really complex and intricate examination so we do not have a timeline of when and if any origin or cause might be figured out at this time," Swaney included. "The assembly plant i...
Financier pumps another ₤ 30m into low carbon home builder

Financier pumps another ₤ 30m into low carbon home builder

Business
Your house home builder specialises in building low carbon homes utilizing wood frame panels made at its factory in Bicester. M&G obtained a bulk stake in the company in 2022 for ₤ 15m. Most current represent Greencore for the year to May 31 2023 reveal a pre-tax loss of ₤ 4m from a turnover of ₤ 579,800. The business stated the brand-new financing will at first go towards land acquisitions as it intends to construct 10,000 homes in the next years. Greencore presently has around 40 staff members and is led by market veteran Jon Di-Stefano who signed up with the business as Chief Executive in October 2022. Di-Stefano stated: "Our vision is to lead the housebuilding market in the shipment of environment favorable homes and M&G's additional financial investment shows their self-confidence ...