RTX, GE Aerospace brace for potential multi-million tariff impacts

The aerospace component manufacturers are each preparing to take various mitigation actions, such as streamlining operations to soften the levies’ blow.

Utz holds financial guidance amid tariffs

The food manufacturer said it's largely insulated from the levies given its domestic production.

Why HowGood thinks food industry climate goals will withstand Trump rollback

The emissions tracking platform company said businesses are still looking for new ESG tools, even as regulatory pressures shift.

Ford expects $1.5B in tariff impacts

While the automaker faces headwinds for the rest of 2025, the company says it is improving quality and lowering fixed costs.

Trump orders FDA to help speed building of new drug factories

Yet regulatory relief for U.S. expansion could be accompanied by new tariffs and drug pricing rules.

DuPont prepares for $60M tariff impact

The chemical manufacturer shifted production and used sourcing alternatives to bring the levies cost down from an estimated $500 million for the year.

Cleveland-Cliffs to lay off 950 workers in Illinois, Pennsylvania

The steelmaker is idling three facilities across the states amid falling demand and rising prices. 

Spirit AeroSystems plans furloughs at Kansas facility

Financial concerns continue for the Boeing and Airbus supplier as it will temporarily lay off up to 350 workers at its Wichita plant.

Updated May 6, 2025

Tractor makers CNH, Agco face sales headwinds amid economic slowdown

They have cut production significantly to align with dealer inventories in anticipation of market recovery later this year.

CSW Industrials completes acquisition of Aspen Manufacturing for $313.5M

Aspen Manufacturing is the latest in a recent acquisition spree to grow CSW’s portfolio of heating and air, plumbing and electrical products.

Updated May 5, 2025

Hershey seeks tariff exemption for cocoa from White House

The Kisses maker said duties on the commodity, which cannot be grown in the U.S., is expected to result in millions of dollars in extra costs.

Nucor optimistic about demand despite tariff uncertainty

Despite an 81% drop in earnings year-over-year, the steelmaker's CEO said the benefits of tariffs for the industry will outweigh any impact on raw material costs.

Kimberly-Clark to invest over $2B in US operations

The Huggies diaper maker will use the funds to build an Ohio factory and a South Carolina distribution center, as well as install automation upgrades across its supply chain.

Caterpillar braces for $350M tariff hit on Q2 sales

The construction equipment giant expects full-year sales to decline slightly if the economy contracts in the coming months.

Mercedes-Benz to produce a new ‘core-segment’ vehicle in Alabama

Details were limited, but a spokesperson said the move aligns with the automaker's focus on optimization amid market shifts.

‘We’re headed in the wrong direction’: Tariffs drive up prices, hurt output: PMI

Manufacturers pulled back on production last month as the Trump administration's volatile trade policy caused consumer confusion and a drop in demand, per the Institute for Supply Management. 

Corning increased solar Michigan facility investment to $1.5B

The additional $600 million aims to accelerate advanced manufacturing operations of its solar wafers.

Are tariffs the new COVID-19 for manufacturers?

The Trump administration’s tariff policies are forcing companies to better leverage AI tools to stay agile and quickly adapt to new challenges, writes industry analyst Jan Burian.

Merck invests $1B in Delaware drug manufacturing facility

The biologics project will be the future home for cancer treatment drug Keytruda.

TSCA 10-year review offers chance for industry-sought reform

Chemical makers hope next year’s review pushes chemical reviews to be faster and more transparent. 

IBM to invest $150B in US manufacturing, R&D

The technology giant plans to allocate $30 billion to mainframe and quantum computing production, as well as research and development.

The Trump administration restored Manufacturing Extension Partnership funding. Will it stick?

MEP program funding is guaranteed for affected centers through the next six months. Lawmakers are looking for a more permanent solution.

Trump softens tariffs on auto parts for US-assembled cars

The president will allow automakers to offset some costs while clarifying that potentially overlapping tariffs on Canada, Mexico, steel and aluminum will not stack.

Spirit AeroSystems, Airbus reach $439M divestiture deal

The agreement includes the sale of some fuselage assets and production at Spirit AeroSystems’ Wichita, Kansas, factory.

Updated May 6, 2025

What does the US import from China?

Over $400 billion worth of goods were imported from China in 2024, with electronics, toys, furniture and machinery topping the list.