The Latest
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Lilly to invest extra $4.5B across Indiana manufacturing
The Indianapolis-based company expanded its spend to ensure it can meet growing demand for genetic therapies and weight-loss drugs.
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Sponsored by InfosysFrom smart reactive to intelligent proactive: Here’s how agentic AI is unlocking efficiency in manufacturing
Discover how Agentic AI is powering the shift to smarter, more resilient factories.
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Trump administration officials call for federal environmental permitting reform
Panelists at the SelectUSA Investment Summit discussed government initiatives to speed up approvals for energy and other infrastructure projects.
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Retrieved from International Association of Machinists and Aerospace Workers/Facebook on May 06, 2026
1,350 Olin workers ratify contract, end strike at Missouri Winchester factory
IAM Local 778-represented employees will return to work on Thursday at the company’s Lake City Army Ammunition manufacturing plant in Independence.
Updated May 7, 2026 -
(2026). "Terafab launch" [Video]. Retrieved from X.
Musk’s SpaceX to invest up to $119B on Terafab project
A public hearing related to the proposed semiconductor manufacturing and fabrication facility is scheduled for June 3 at 9 a.m. Central Time.
Updated May 6, 2026 -
Unusual Machines, 6K Energy, CRG Defense, SES AI take steps to be NDAA compliant
The drone and battery cell makers are aligning their operations with the Department of Defense’s prohibition on purchasing batteries for weapons and support systems made with materials sourced from foreign entities of concern.
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P&G flags $150M hit from Iran war supply disruptions
The consumer goods manufacturer aims to blunt the impact by reformulating products and diversifying its supply base.
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Deep Dive
Inside Ford’s efforts to build an affordable electric truck
A skunkworks team at the automaker's Long Beach facility is focused on rapidly testing new ideas to gain a competitive edge.
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Rockwell, Teradyne, Tesla see automation demand despite uncertainty
The companies are reporting strong earnings growth fueled in part by data center and robotics demand. Elon Musk also teased Tesla’s Optimus as its "biggest product ever."
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Cisco, Schneider Electric call for enabling regulations to help AI flourish
Panelists at the SelectUSA Investment Summit discussed the potential for federal AI regulations, as well as challenges with energy demand and workforce training.
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Screenshot: CitroTech/YouTube
CitroTech, Hexion form fire-retardant joint venture
The HexiTech partnership will help scale CitroTech’s fire inhibitor products that can be used to treat wood, lumber and building materials. The companies are in talks with major wood manufacturers, CEO Wes Bolsen said.
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Ford expects $1.3B tariff refund, but supply chain pressure remains
The automaker is still prepping for a $1 billion hit from tariffs in 2026 while projecting sizable commodity headwinds.
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Updated federal guidance and funds may boost manufacturing apprenticeships
Arkansas’ Department of Commerce, which is managing a $35.8 million federal incentive fund, expects high interest. Manufacturers such as GE Appliances say updated federal guidelines may make their programs even more efficient.
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Screenshot: Textron GSE/YouTube
Textron to break off industrial business, focus on aerospace and defense
Once the separation is complete, the manufacturer will focus on its core franchises Textron Aviation, Bell and Textron Systems.
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GM’s US manufacturing investments surpass $6B in one year
The company’s latest commitments totaling $830 million will support SUV and truck production at major facilities in Michigan and Ohio.
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Manufacturing expands for fourth month, but price increases remain a concern
All six of the largest manufacturing industries reported price increases in April, stemming largely from the war in Iran and tariffs, ISM said.
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Senators introduce bill to enforce Buy America compliance
The legislation follows an Office of Inspector General audit that found the FAA failed to include required Buy American-related clauses in contracts funded through the Infrastructure Investment and Jobs Act.
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Caterpillar to triple power generation capacity, raises 2030 targets
Growing demand from data center and oil and gas customers is driving the investment as geopolitical disruptions squeeze energy prices higher.
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Siemens, Diageo, Oxbo and others open US facilities in April
The openings span industries including beverages, metals processing, farming, health and wellness products, passenger rail and solar.
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US Steel to invest $1.9B in a ‘first-of-its-kind’ direct reduced iron plant
The expansion will bolster its domestic supply chain and allow the company to feed DRI directly into the furnace while still hot, a spokesperson said.
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Lockheed Martin, e-Vac Magnetics, Oerlikon air critical minerals concerns
The companies had to “get creative” to mitigate the costs of procuring critical materials such as rare earth minerals.
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Defense Department awards over $200M to 26 R&D projects
The projects span across eight regional hubs under the agency’s Microelectronics Commons program, which focuses on technical areas such as quantum, secure edge computing, 5G/6G and artificial intelligence hardware.
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Cleveland-Cliffs partners with Palantir on AI-driven steelmaking
The company plans to embed advanced technologies to enhance its operational workflows across its U.S. facilities and stay ahead of competitors.
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GM forecasts $500M tariff refund, plans further mitigation efforts
The automaker still projects up to $3.5 billion in duty costs in 2026, primarily driven by Section 232 levies, including those on steel and aluminum.
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Intel’s $13.6B in Q1 revenue driven by ‘tremendous’ AI demand
The company’s x86 CPU franchise, advanced packaging technology and large manufacturing network position it well to compete in the nearly $1 trillion semiconductor market, CEO Lip-Bu Tan said.
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Nucor’s Q1 beat Wall Street estimates on higher pricing, steel demand
The Charlotte-based company generated net sales of $9.5 billion and more than doubled its net earnings compared to the previous quarter as tariffs impacted steel imports.