The Latest
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Baby formula maker buys manufacturing site to grow production
ByHeart will now own three facilities with the aim of producing enough formula to feed 500,000 infants a year.
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3M to lay off 2,500 manufacturing workers
The company blamed the workforce reduction on rising costs and declining demand.
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The image by Briáxis F. Mendes is licensed under CC BY-SA 4.0
TSMCÂ expects revenue to fall amid declining chip demand
After years of microchip shortages, tech customers are tightening their inventories and reducing purchases.
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How one company is hoping to build a major lithium production site in Nevada
With a $700 million loan commitment from the Department of Energy, Ioneer hopes to launch a site that could produce enough lithium to support 370,000 EVs annually.
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Major factory construction projects to watch in 2023
From semiconductors to solar panel plants, here are seven major U.S. manufacturing projects to keep an eye on this year.
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Stanley Black & Decker names new CFO
Former Fortune Brands executive Patrick Hallinan joins the manufacturer as it pursues a $1.5 billion cost-saving plan.
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Nestlé invests $43M in Wisconsin factory expansion
The CPG giant will increase capacity for its Boost and Carnation Breakfast Essentials drinks and the zero waste-to-landfill facility will have several energy, water and waste saving features.
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GM to invest nearly $1B in four manufacturing sites
The funds will help prepare sites in Michigan, New York and Ohio to produce new gas and electric products.
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JA Solar to invest $60M in first US manufacturing facility
The solar panel maker said the new site will become the largest PV panel plant in Arizona.
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Graphite producers partner to build processing site in Canada
The collaboration between Northern Graphite Corporation and Graphex Technologies will help grow North America’s capacity for the critical mineral.
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Department of Energy awards $42M to drive EV battery development
The funding will go toward 12 projects aimed at improving battery charging and durability in cold weather temperatures.
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Paint maker cuts production amid falling orders
RPM is working to lower inventories as it contends with weakened demand, particularly in the construction sector.
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Ryder to cut 800 jobs in Texas as manufacturing client shifts work to other providers
The layoffs involve a site for Applied Materials, which has pursued broad supply chain changes to meet customer demand.
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Cell therapy company to grow Maryland operations
Gilead-owned Kite plans to build a new warehouse amid push to bring control of raw materials in-house.
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Higher batter-coated product demand leads to Lamb Weston capacity woes
More frequent and longer downtimes to clean and sanitize lines when batter is used impacts production line run-rates and availability, said the potato product supplier's CEO.
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Hanwha, LG Energy Solution partner on battery production in US
The companies will collaborate to grow their battery businesses amid heightened demand for clean energy solutions.
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Industrial manufacturer Johnson Controls acquires Norway-based chip maker
The company's purchase of Hybrid Energy AS will help boost its growth in the European market.
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Tyson adds 150 more jobs to Illinois plant expansion
The company broke ground on the $180 million addition to its plant — which will now add 400 new positions — in August.
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Nikola to centralize manufacturing operations
The EV maker will move battery production lines to its Arizona site as it looks to cut costs and boost efficiency.
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Rivian falls short on EV production amid supply chain stall
The electric vehicle maker has faced production downtime because of a shortage of a “key component,” executives previously said.
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GKN Aerospace relocates additive R&D facility to Texas
The move will establish the aerospace company’s fourth Global Technology Center in proximity to major clients.
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China’s spike in COVID-19 cases strains factories
The end of the country's zero-COVID policy is causing production hiccups in the crucial weeks before the Chinese New Year holiday.
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Energy department announces $52M in funds for clean manufacturing R&D
Research priorities will include material and product design, recycling technology and reverse supply chain logistics.
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Lotte completes $160M purchase of biopharma facility in New York
The South-Korea based group will break into contract biologics manufacturing with the purchase of Bristol Myers Squibb’s East Syracuse plant.
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Data, robotics continue to drive manufacturing tech trends in 2023
Companies are leaning into connected data and smart technology to compete for EVs and other business.