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Toyota Donates $5M to American Center for Mobility

Toyota Motor North America (TMNA) and the Toyota Research Institute (TRI) announced today their intent to support the American Center for Mobility (ACM) as a Founder-level sponsor with a $5 million contribution.

Northrop Grumman Lands $9.6-M Navy Torpedo Contract

The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.

Mitutoyo America Opens New Facility in Detroit Area

Mitutoyo America Corp. (MAC; Aurora, IL) celebrated the grand opening of its new Detroit-area M3 Solution Center in Novi, MI, on June 28. The 8455 ft2 (785.5 m2) facility replaces one that the company had occupied for 38 years in nearby Plymouth, MI.

Kennametal Names Christopher Rossi CEO

Kennametal Inc. (Pittsburgh) announced June 29 that its board of directors has appointed Christopher (Chris) Rossi as president and CEO and has named him a director. Rossi succeeds Ron De Feo, whom the board has appointed executive chairman. Both appointments are effective August 1.