The Latest

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    Justin Sullivan via Getty Images
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    Nestlé USA names Martin Thompson as CEO

    The CPG veteran, who previously ran the food and beverage giant’s U.S. coffee business, will take on the new role starting in 2025.

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    Courtesy of Micron Technology
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    Micron lands $6.2B in CHIPS funding

    The chipmaker will use the money to help build semiconductor plants in New York and Idaho.

    Updated Dec. 10, 2024
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    Courtesy of Nephron Nitrile
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    Shield Manufacturing, Nephron Nitrile to establish joint PPE venture

    The two women-owned businesses will produce personal protective equipment at Nitrile’s manufacturing facility in South Carolina.

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    William_Potter for iStock via Getty Images
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    Tracker

    Tracking CHIPS and Science Act awards

    The landmark law has boosted U.S. semiconductor production with $39 billion in federal funding for manufacturing projects. Track the status of each funding award made since the law’s passage in 2022.

    Updated Dec. 6, 2024
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    Scott Olson via Getty Images
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    Lilly adds to obesity drug production push with $3B investment

    The expansion of a newly acquired facility in Wisconsin represents Lilly’s largest U.S. manufacturing investment outside of Indiana and will help make more injectable drugs like its fast-selling Zepbound.

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    Courtesy of Skywater Technology Foundry Inc.
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    White House proposes CHIPS awards to 3 chipmakers

    The funding for Coherent, SkyWater Technology Foundry and X-Fab will be used to expand and modernize semiconductor facilities in Minnesota and Texas. 

  • A glass building with a white Boeing logo on the last floor.
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    Kevin Dietsch via Getty Images
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    Boeing to cut nearly 800 workers in Alabama, Florida, Virginia and Washington

    The layoffs are part of the aircraft maker’s plans to reduce 10% of its workforce as it tries to preserve cash after a costly year.

    Updated Dec. 9, 2024
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    Jemal Countess via Getty Images
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    Federal judge rejects Boeing, DOJ plea deal

    The deal, which would have allowed the company to avoid criminal charges related to two fatal crashes, was blocked over DEI requirements.

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    Stock Photo via Getty Images
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    FTC cracks down on 3 clothing companies for false ‘Made in USA’ claims

    The Federal Trade Commission is refunding $140,000 to consumers after the New England-based companies lied about where they manufactured their products. 

  • Shadeed Acie, Sam Haidle, Celeste Washington and Denny McDonald assembling a tray for an Eos energy block.
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    Permission granted by Eos Energy Enterprises, photo by John Halpern
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    Eos Energy lands $304M DOE loan for battery plant expansion

    The long-duration battery company says it has a $589 million, 2.3-GWh order backlog and a $14.2 billion, 59-GWh commercial pipeline.

  • Peter Navarro arrives at the E. Barrett Prettyman Courthouse on Jan. 25, 2024 in Washington, DC.
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    Anna Moneymaker via Getty Images
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    Trump taps Peter Navarro as lead trade adviser

    The former Trump administration official will return to the White House to advance the president-elect's trade and manufacturing agendas. 

  • Thomas Homan speaks on stage.
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    Leon Neal / Staff via Getty Images
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    What to do if immigration agents come to your jobsite

    The incoming Trump administration has promised to step up workplace raids. Here’s how companies can prepare.

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    Informa TechTarget

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    Note from the Editor-in-Chief

    A change in ownership and what it means for our readers.

  • An aerial view of the Ultium Cells electric vehicle battery cell plant in Lansing, Michigan.
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    Courtesy of Ultium Cells LLC
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    GM sells stake in Ultium Cells Michigan battery plant

    The Lansing factory is one of three U.S. facilities in the automaker's joint venture with LG Energy Solution.

  • A blue and dark white emergency eyewash sign, with a small rectangle mirror reflecting a pereson washing their eyes.
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    Hailshadow for iStock via Getty Images
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    Honeywell to sell PPE business for $1.3B

    The sale aligns with the company’s plans to exit the personal protective equipment industry and focus on automation, aviation and clean energy.

  • A sign reading "Cargill" is seen at the entrance of a parking lot to a factory building
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    Spencer Tirey via Getty Images
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    Cargill cuts 5% of global workforce after profits decline

    The move, which will affect approximately 8,000 jobs, comes as the world's largest private company plans to streamline operations in the face of lower crop prices and challenges in beef.

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    Permission granted by Analog Devices
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    Analog Devices leans into hybrid manufacturing model to raise utilization rates

    The hybrid approach leverages both internal and external production capacity and aims to protect the company from regional supply issues and boost flexibility. 

  • A Ford F-150 Lightning being assembled.
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    Courtesy of Ford Motor Co.
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    Where Michigan stands as an auto hub in the electrification era

    The state’s reputation as the heart of the auto industry offers a solid foundation for the transition to EVs.

  • A headshot of a man in glasses, dark suit coat and blue shirt with a gray background.
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    Courtesy of Intel Corp.
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    Intel CEO Pat Gelsinger steps down

    Gelsinger served as chief executive for nearly four years, leading the chipmaker as it struggled to turn around its manufacturing business.

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    Stock Photo via Getty Images
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    Mitsubishi Electric subsidiary invests $86M in switchgear factory

    The company is building a 160,000-square-foot facility in the Pittsburgh area to meet growing demand for transmission and distribution grid products.

  • Potato chips on a manufacturing conveyor belt in a factory.
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    MediaProduction via Getty Images
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    Manufacturing ‘neared stabilization’ in November: PMI

    Companies are preparing for growth under a second Trump administration, even as the threat of tariffs causes some uncertainty.

  • BMW X3 2024 dealership
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    Artistic Operations via Getty Images
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    BMW’s US footprint may protect it from tariff impacts, CEO says

    Oliver Zipse said 65% of the company’s cars sold in the U.S. are locally made.

  • A person's hand holding a box of individually wrapped Ferrero Rocher chocolates.
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    Courtesy of Ferrero
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    Ferrero invests in hazelnut sourcing as it grows US production

    The company awarded a total of $350,000 to Oregon State University and Rutgers University to increase collaboration with local farmers, producers and distributors.

  • Jamieson Greer, right, at a meeting of Ministers Responsible for Trade of APEC at the Hotel Sheraton Miramar in Vina del Mar, Chile, in May 2019.
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    Rodrigo Garrido/Reuters

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    Trump taps Jamieson Greer as USTR

    The international trade lawyer would lead the agency as the new administration embarks on an aggressive tariff agenda against China and other countries. 

  • A yellow robot working on a silver battery cell in a facility.
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    Courtesy of e-Storage
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    e-Storage subsidiary to build $712M plant in Kentucky

    Shelbyville Battery Manufacturing is establishing a cell, module and packaging facility and is set to begin production in 2025.