The Latest
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Intel finalizes $7.9B CHIPS funding award
The money is the most offered from the Biden administration and will help advance the chipmaker’s plants in Arizona, New Mexico, Ohio and Oregon.
Updated Nov. 26, 2024 -
BAE Systems, Rocket Labs’ CHIPS awards allocated
The finalized awards come as the Biden administration tries to quickly roll out CHIPS funding ahead of Trump’s term.
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Who is Brooke Rollins? What to know about Trump’s pick to lead USDA
If confirmed, the lawyer would oversee an agency that influences nearly every part of the food and agriculture industry, from trade policy to food safety.
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Johns Hopkins surgeon Makary is Trump’s pick to lead FDA
A prolific medical research and author, Martin Makary criticized the FDA and CDC for their decision-making during the pandemic, although he describes himself as pro-vaccine.
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GlobalFoundries fined $500K over export violations
The chipmaker is accused of violating export controls by shipping chip wafers to China-based SJ Semiconductor, as the U.S. keeps a tight grip on semiconductor exports to the country.
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How manufacturers can meet building performance standards
As more cities implement higher sustainability standards, simple changes can help manufacturers ensure their plant meet emissions targets.
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Hydration beverage brand Electrolit invests $400M in first US plant
The liquid company, with nearly half a billion in annual sales nationwide, is doubling down on its recent success and the popularity of electrolyte-infused drinks.
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Trump nominates Rep. Lori Chavez-DeRemer for secretary of labor
The Teamsters president voiced support for Chavez-DeRemer, saying she previously pledged to “protect and respect labor in America.”
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Trailer maker Faymonville Group to build Arkansas facility
The company is investing more than $100 million to establish its first U.S. trailer manufacturing plant in Little Rock.
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3 takeaways from EPA’s 2024 PFAS progress report
The federal agency said it expects to propose regulatory wastewater guidelines for the forever chemicals manufacturing sector.
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Absolics, Applied Materials, Arizona State University get chip packaging funds
Each is set to receive $100 million to advance U.S. capabilities in advanced substrate development to power artificial intelligence.
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Rivian locks in 5-year battery deal with LG Energy Solution
The U.S.-based battery production will help Rivian meet Inflation Reduction Act standards, positioning the R2 to qualify for EV tax credits.
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Spirit AeroSystems to sell specialty textile subsidiary for $165M
The Boeing supplier is selling Fiber Materials Inc. to specialty textile maker Tex-Tech as it tries to make money amid a challenging financial year.
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Microporous to build $1.4B Virginia battery separator plant
The company is set to receive up to $100 million in federal funds for the Danville facility.
Updated Nov. 19, 2024 -
WK Kellogg Co bets big on factory revamp to boost performance
The cereal company’s plans to replace aging technology is taking shape, with $96 million spent on infrastructure so far this year.
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Thermo Fisher eliminating 160 jobs, closing Massachusetts facility
A factory in Lexington will close and employees at Cambridge and Plainville plants will be laid off starting in January.
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First Solar hit by manufacturing issues, terminated contracts in Q3
The solar manufacturer's revenue declined 10.8% year over year as the clean energy regulatory environment remains unstable.
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Trump selects Howard Lutnick as commerce secretary
The Cantor Fitzgerland CEO will be responsible for delivering Trump’s promise of a 60% tariff on goods from China.
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Boeing to lay off more than 3,500 across 7 states
The bulk of the job cuts are in Washington and are part of the company's plan to trim its workforce by 10% after a bruising strike.
Updated Nov. 21, 2024 -
Stellantis to lay off 400 workers at Detroit material logistics facility
The latest job cuts follow the automaker's earlier layoff announcement of 1,100 UAW-represented employees at the automaker’s Toledo South Assembly Plant in Ohio.
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GlobalFoundries, DOC finalize $1.5B funding award
The U.S. chipmaker plans to use the funds to build and expand factories in New York and Vermont.
Updated Nov. 20, 2024 -
White House invests $285M in first CHIPS Manufacturing USA Institute
The Durham, North Carolina, facility will focus on using digital twins to advance semiconductor production.
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Sumitomo Rubber to lay off 1,380 workers, close New York tire plant
The Japan-based company ceased production at the Tonawanda plant on Nov. 7 and plans to import tires from other global facilities.
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Potential Trump policies pose risks for US storage sector, analysts say
Higher battery material tariffs and phased-down Inflation Reduction Act tax credits threaten a 15% drop in U.S. storage deployment, experts said.
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JM Smucker opens Uncrustables facility in Alabama
The food giant's $1.1 billion investment marks the third manufacturing location dedicated to the brand.