AGP Executive Report
Last update: 4 hours agoFactory technology: ESTUN Robotics and RoboDK teamed up in Barcelona to make industrial robots easier to simulate and program in Europe, while UK additive-manufacturing firm Wayland will showcase its metal-printing process at Formnext. Investment and jobs: Evonik is investing €52 million to expand silicone operations in Essen, and AGC Biologics has extended a manufacturing agreement worth more than €500 million. But Schaeffler plans to cut 3,460 European jobs and close five plants; BMW also lowered its profit outlook as China sales weaken and restructuring costs rise. Industrial outlook: German chemical-sector confidence fell despite stronger orders, while UK manufacturing output reached a two-year high. Trade and resilience: A draft UK–EU deal would remove most food-export checks, easing a major burden on manufacturers once implemented. Cyberattacks on supermarket refrigeration systems across Europe—and a thwarted attack on French blood-storage sites—have also exposed risks to essential supply chains.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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