The Latest
-
jetcityimage via Getty Images
Lilly will scale up production to fix constrained drug supply
Increasing the production capacity for Zepbound and Mounjaro is “the most ambitious expansion plan in our company’s history,” said CEO David Ricks.
-
Courtesy of American Battery Technology Company
American Battery Technology Co. starts production at lithium hydroxide facility
The pilot project is demonstrating the battery company’s system to access lithium at its Tonopah Lithium Flats Project.
Updated May 1, 2024 -
Courtesy of Wabash
Wabash customers delay pickups, hurting sales
The delayed pickups contributed to the truck maker's sales falling by 17% year over year in the quarter.
-
Thinkhubstudio via Getty Images
OpinionThe importance of a healthy data diet for AI performance
Companies need a recipe of clean data and management practices led by a head chef with a clear strategy to succeed in the AI age, writes EY’s Brian Legan.
-
(Photo by Aaron J. Thornton/Getty Images for Industrious Labs) via Getty Images
Cleveland-Cliffs’ idled Weirton plant may soon support transformers
The former tinplate factory could be used to make grain-oriented electrical steel as the U.S. aims to boost its transformer supply chain.
-
Courtesy of The Chemours Co.
Chemours CFO placed on administrative leave resigns
Jonathan Lock is the second executive to resign after an investigation found he helped maneuver over $500 million in vendor payments.
-
Caroline Colvin/Manufacturing Dive
Overtime rule adds compliance wrinkles, attorneys say
The new rule would create two separate increases to employees' minimum annual salary threshold in a year, leaving employers to assess how best to comply.
-
Courtesy of Honda Motor Co.
Honda invests billions in Canada to set up EV production hub
The automaker will create an comprehensive electric vehicle value chain in Canada to meet future demand in North America.
-
Permission granted by ASR Group
Domino welcomes larger sugar shipments as Baltimore channels reopen
The sugar manufacturer is taking advantage of the 20-foot-deep channel at the Port of Baltimore.
-
Courtesy of Micron Technology
Micron lands $6.1B in CHIPS funding
The chipmaker will use the money to help build semiconductor plants in New York and Idaho.
-
Stephen Brashear/Getty via Getty Images
Quality control at BoeingBoeing burns $3.9B in Q1 as it addresses quality
The aircraft maker is focusing on oversight at Spirit AeroSystem’s fuselage factory while it continues acquisition talks with the supplier.
-
gorodenkoff via Getty Images
Manufacturers reached the cloud, but cost woes remain
The Infosys report found roughly half of cloud managers had difficulty monitoring cloud spend as well as optimizing and predicting costs.
-
Courtesy of Sicona Battery Technologies
Sicona to build first US battery anode plant in Southeast
The company claims the expansion will make it the largest anode producer in the U.S., powering more than 3.25 million electric vehicles annually.
-
stock via Getty Images
FTC to ban noncompete agreements
The agency said the rule, expected to take effect as soon as late August, received overwhelming public support during a comment period.
-
dkfielding via Getty Images
Congress introduces ‘non-essential’ PFAS ban bill
The legislation would give manufacturers 10 years to phase out the use of forever chemicals in production.
-
Caroline Colvin/Manufacturing Dive
DOL expanding overtime pay eligibility to millions of US workers
The department will raise a current threshold of $35,568 that triggers an exemption from extra pay provisions.
-
Scott Olson via Getty Images
Eli Lilly to buy drug plant in Wisconsin
The former Nexus Pharmaceuticals facility could help the drugmaker better meet demand for injectable medicines.
-
Kevin Dietsch via Getty Images
// Quality control at BoeingBoeing’s production woes: how it got here
The aircraft maker will face investors at its Q1 earnings call tomorrow amid immense public scrutiny of its manufacturing.
-
Courtesy of Siemens
Siemens, Eaton, Cummins among companies to receive 48C clean energy tax credits
Clean energy manufacturers received $1.9 billion so far under the Inflation Reduction Act-funded tax credit.
-
wragg via Getty Images
Biden’s proposed tariffs on China steel, aluminum fall short, industry group says
The Can Manufacturers Institute is pushing the president to do more than triple the average 7.5% tariff rate under section 301.
-
(Photo by Anna Moneymaker/Getty Images) via Getty Images
White House CHIPS funds boost microelectronics innovation
The $54 million is for small business R&D work in the sector as part of a strategy to boost semiconductor-related fields.
-
SweetBunFactory via Getty Images
Jabil CEO placed on paid leave amid investigation
CFO Michael Dastoor is stepping in as interim CEO amid an SEC probe into the manufacturer's corporate policies.
-
Courtesy of Rev Group.
Rev Group names former Caterpillar executive as CFO
Amy Campbell takes on the role after former CFO Mark Skonieczny became chief executive over a year ago.
-
Elijah Nouvelage via Getty Images
Volkswagen Tennessee plant joins UAW in historic vote
The vast majority of Chattanooga workers voted in favor of joining the union.
-
crbellette via Getty Images
EPA designates PFOS, PFOA as hazardous substances
The agency intends to pursue companies that significantly contributed to the release of forever chemicals into the environment.
