The Latest
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Agco raises tariff concerns as inventory issues persist
A farm equipment association said Trump’s latest metals order would drive up costs as much as 7% and put jobs at risk.
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Goodyear to cut 850 jobs at Virginia plant
The workforce reduction is part of the tire manufacturer’s plan to repurpose its Danville facility, focusing on rubber mixing and aviation tire production.
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ArcelorMittal plans $1.2B Alabama steel plant
The facility aims to boost U.S. steel independence as the Trump administration announces tariffs on the commodity.
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Stanley Black & Decker continues to cut China production as tariffs emerge
The manufacturer is bracing for a $10 million to $20 million impact from President Donald Trump’s recent trade announcements.
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Trump plans 25% tariffs on steel, aluminum
The president said he will reveal details Monday but added that Canada and Mexico would not be exempt.
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Georgia county sues 3M, Daikin and others over PFAS contamination
Catoosa County accused the companies of knowingly polluting a local landfill with forever chemicals from Mohawk Industries' nearby manufacturing site.
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Honda prepares to start ‘flexible’ vehicle production at Ohio EV hub
The automaker will produce ICE, hybrid and fully electric models on the same production lines to allow for greater flexibility to adapt to market demand.
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Manufacturer Spotlight
Ferrara Manufacturing is boosting tech, ‘Made-in-USA’ products at its Long Island factory
The apparel maker focuses on technical and tailored garments, producing everything from Olympians' outfits to U.S. military gear.
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Honeywell to spin off aerospace and automation businesses
The industrial manufacturer is also separating its advanced materials portfolio as the company looks to streamline its offerings.
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Mondelēz, Hershey pressured by a prolonged spike in cocoa prices
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant cautioned of a disconnect between fundamentals and market price.
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Kore Power nixes plans for $1.25B battery plant in Arizona
The company reportedly never received taxpayer funds to move forward with the project, and leadership changes are underway.
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GlobalFoundries names new CEO amid leadership changes
In addition to the appointments of Tim Breen and Niels Anderskouv as chief executive and COO, the semiconductor giant’s chairman of the board is stepping down after 12 years in the role.
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GE Vernova to invest nearly $600M in US factories
The energy equipment manufacturer will create over 1,500 jobs as it expands its nuclear, solar and onshore wind energy sectors.
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What hiring managers should know about the 2025 labor market
While the labor market has cooled off, experts said an aging workforce and changes to immigration will challenge recruiters this year.
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China targets US farm equipment with latest tariffs
The Association of Equipment Manufacturers called out Trump’s recent actions, saying they will drive up costs and disrupt supply chains.
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Lutnick nomination to lead Commerce advances out of committee
The Trump nominee passed on a vote largely along party lines, and will soon go to the Senate for a full vote.
Updated Feb. 5, 2025 -
HB Fuller plans to slash production, offload 27 plants by 2030
The adhesive manufacturer is expecting to close or sell 16 facilities by the end of 2025 to shore up costs.
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Trump’s tariffs yield mixed reactions from industry leaders
Manufacturing trade groups voiced their concerns and support for the tariffs’ potential impacts.
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Manufacturing reenters growth mode in January as demand, production improve: PMI
The news signifies a return to growth after more than two years. Many manufacturers are bracing, however, for possible fallout from the Trump administration’s recent tariff proposals.
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China responds to Trump with added tariffs on certain products
The new duties are set to take effect Feb. 10 and cover some car, farm equipment and energy imports.
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US and Canada agree to 30-day pause on tariffs
The two countries will push back a Feb. 4 enforcement date as they coordinate anti-drug trafficking efforts at their shared border.
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Cargill, Foster Farms to close turkey plants as demand wanes
The closures, which will lead to layoffs of more than 1,600 people, come as bird flu ravages farms and consumer appetite continues to decline.
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US delays tariffs on Mexico to March
The two countries agreed to negotiate over the next month while collaborating on addressing drug and weapons trafficking.
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Intel 2024 revenue dips amid corporate overhaul
The chipmaker is still pushing to make its internal foundry profitable as it continues to search for a new CEO.
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Nissan offers buyouts as US production scales back
The automaker plans to cut shifts at its Smyrna, Tennessee, and Canton, Missouri, manufacturing plants.