Electrosteel Castings Ltd has acquired T.I.S. Service S.p.A. for Rs 150 crore, aiming to manufacture advanced valves in India. The move is part of the 'Make in India' initiative to reduce import ...

Some are fabless, meaning they design chips but outsource the manufacturing to third-party foundries. Others operate fabs, or fabrication plants, and handle the manufacturing process in-house.

Hydraulic components manufacturer HAWE Manufacturing U.S. — a subsidiary of Germany-based HAWE Hydraulik — plans to relocate its valve production from China to Leigh Valley, PA. According to building ...