The drumbeat is that legacy manufacturing companies need to become more like tech companies, but that cadence can go both directions. Tech startups increasingly see power in tooling, machining and process expertise. What do they gain from relationships with legacy manufacturing? Production footprint and know-how and a deeper understanding of supply chains and the customer. Not to mention more oversight and a stronger financial stake in the end result.
Add Battle Motors to that list of startups with a vested interest in manufacturing: The Los Angeles EV tech firm in April acquired Crane Carrier, a 75-year-old, 200-employee manufacturer of vocational trucks (think garbage trucks, city service a…
Read the full announcement and more news from Battle Motors, builder of purpose-built vocational trucks.