The Latest
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Justin Sullivan via Getty Images
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
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 -
Courtesy of Nephron Nitrile
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
TrackerTracking 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 -
Scott Olson via Getty Images
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.
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.
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Kevin Dietsch via Getty Images
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 -
Jemal Countess via Getty Images
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
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.
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Permission granted by Eos Energy Enterprises, photo by John Halpern
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.
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Anna Moneymaker via Getty Images
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.
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Leon Neal / Staff via Getty Images
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
Note from the Editor-in-Chief
A change in ownership and what it means for our readers.
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Courtesy of Ultium Cells LLC
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.
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Hailshadow for iStock via Getty Images
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.
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Spencer Tirey via Getty Images
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
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.
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Courtesy of Ford Motor Co.
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.
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Courtesy of Intel Corp.
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
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.
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MediaProduction via Getty Images
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.
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Artistic Operations via Getty Images
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.
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Courtesy of Ferrero
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.
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Rodrigo Garrido/Reuters
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.
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Courtesy of e-Storage
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.
