The Latest
-
Caterpillar sales surpass $20B as data center generators take off
The industrial equipment maker saw stronger-than-expected North American construction sales and continued momentum for AI-related infrastructure. A $392 million tariff refund also bolstered profits.
-
MP Materials launches rare-earth magnet initiative
Project Swarm will allow any domestic or allied manufacturer up to 2 million drones of magnet capacity a year, Chairman and CEO James Litinsky said.
-
Q&A
How Loftware uses AI to streamline packaging and labeling
Artificial intelligence is helping companies track what is actually in the packages they ship to avoid costly delays and mistakes, Loftware CEO Jim Bureau said.
-
Honeywell completes $1.4B productivity solutions unit sale
Brady Corp. will operate the productivity solutions and services business as a new segment under intelligent productivity solutions.
Updated Aug. 5, 2026 -
PDW, DOD sign $820M conditional loan boosting drone part production
The Alabama-based component maker will use the funds to grow its manufacturing capabilities, footprint and workforce, CEO James Slider said.
-
US Steel emerges as growth driver one year after Nippon Steel deal
The Japan-based company raised its full-year guidance, citing a U.S. market turnaround and operational improvements.
-
25 states sue Trump over Section 301 forced-labor tariffs
The suit claims the tariffs are a workaround for a Supreme Court decision that revoked sweeping duties imposed by President Donald Trump.
-
US manufacturing expands for seventh month in a row: ISM
Prices are “still too high but going in the right direction,” said Susan Spence, chair of the Institute for Supply Management.
-
Eric Trump backs $638M Space-Eyes, McKinley Acquisition merger
The two companies aim to expand the AI-powered defense systems business using third-party manufacturers in a bid to garner government contracts worldwide.
-
Switzerland-based Octapharma to invest $1.5B in first US facility
The plasma-derived medicine maker plans to create 1,500 jobs to support one of the state’s largest private biomedical investments.
-
Resilience and Lilly invest $750M to scale Cincinnati medicine output
The expansion will create 400 jobs dedicated to GLP-1 injectables production across Resilience’s contract manufacturing facilities.
-
Retrieved from Governor Kathy Hochul.
ADM, BeOne Medicines, H-One and others announce openings, expansions
The announcements in June and July span industries such as agriculture, automotive, oncology and electronics.
-
Qnity, University of Delaware team up for semiconductor R&D, workforce
UD Engineering has a capstone program that allows companies to recruit students. Qnity’s corporate partnership will focus on semiconductor materials research.
-
Stanley Black & Decker delivers positive Q2, citing tariff refunds and sale
The company’s earnings more than tripled to $351.3 million compared to last year, driven by increased power tool demand and a pretax benefit from tariff refunds.
-
Boeing’s recovery momentum surges with $24.6B revenue in Q2
The plane maker expects to generate a cash flow between $1 billion and $3 billion and aims to deliver up to 600 commercial planes by the end of 2026.
-
Samsung, Broadcom reach $200B AI memory chip deal
The companies' memorandum of understanding envisions a collaboration extending across memory and foundry through 2030.
-
Retrieved from Jacob Cruz/4th Infantry Division Public Affairs Office.
US Army awards prototype contracts to Ford, GM, BC Customs
The automakers are competing for a contract to produce over 600 Heavy Infantry Squad Vehicles for the military agency. The agreement also aligns with Ford and General Motors’ goal to grow in the defense sector.
-
Q&A
MIT wants technologists to be the nurse practitioners for manufacturing
John Liu, principal research scientist at the institute, spoke about the TechAMP program and what feedback has been like from its first cohort in the aerospace and defense sectors.
-
Tracker
Tracking CHIPS and Science Act awards
The Department of Commerce announced seven letters of intent to under the CHIPS and Science Act to GlobalFoundries, Kepler, Multibeam, Extropic, Thintronics, Obsidia Semiconductors and Aeluma.
Updated July 29, 2026 -
L3Harris inks deals with DOD, Lockheed Martin to expand component production
The two seven-year contracts will ramp up production of the PAC-3 missiles and THAAD interceptors. The agreements come as U.S. forces face missile and drone systems shortages amid the Iran war.
-
Nucor posts record steel shipments on higher pricing, strong demand
The North Carolina-based producer saw net earnings of $1.2 billion in the second quarter, a 92% surge that exceeded its guidance last month.
-
NIST pledges $46.5M for new Manufacturing Extension Partnership centers
The funding opportunity would go to 14 MEP centers around the United States to boost manufacturers' use of robotics, artificial intelligence and other advanced technologies.
-
Intel growth reaches highest point in 15 years on surging AI demand
The chip company is looking to increase its 2026 capital spending by about $3 billion to improve manufacturing and packaging as it navigates a tight supply environment.
-
How manufacturers can recruit and retain workers with disabilities
The manufacturing industry has an opportunity to set an example for other industries by tapping into a non-traditional talent pool and using skills-based hiring.
-
Q&A
AI-assisted training: How Google Cloud is addressing workforce challenges
Companies can leverage AI to enhance onboarding and inspections through audio, video and image validation, said Praveen Rao, Google Cloud’s global head of manufacturing.