Contribution margin: Why profit planning matters for manufacturers

Companies need to better understand the true cost of their operations and how to maximize for profit, says CFO Consulting Partners’ Jeffrey Appleman. 

By Jeffrey Appleman • Oct. 9, 2023

Clorox warns of quarterly loss related to August cyberattack, production delays

The company is bracing for what could be an extended financial impact from the attack.

By David Jones • Oct. 9, 2023

Explore the Trendline➔

Top 5 stories from Manufacturing Dive

Check out five of our biggest stories of 2025 so far, including updates on semiconductors, the Trump administration and PFAS.

By Manufacturing Dive staff

Energizer to lay off 172 workers as it closes Wisconsin plant

The battery maker plans to cease operations at the site by September 2024. 

By Sara Samora • Oct. 5, 2023

Nevada is an EV battery gold mine

Home to one of the country’s largest active lithium deposits, the state is becoming a hot spot for EV and battery manufacturing.

By Sakshi Udavant • Oct. 4, 2023

EVs could reach 86% of global vehicle sales by 2030

Although EVs took roughly six years to get from 1% to 10% of global market share, it will take just six more years to reach 80% adoption, an RMI report says.

By Eric Walz • Oct. 4, 2023

Rocky Mountain Chocolate Factory names head of manufacturing, supply chain

Scott Ouellet was appointed to the position effective Sept. 18.

By Alejandra Carranza • Oct. 4, 2023

Silfab Solar to establish $150M South Carolina solar panel factory

The new plant is slated to open in Q3 of next year as the company’s third U.S. facility.

By Sara Samora • Oct. 3, 2023

Tesla misses Q3 delivery expectations

Factory upgrades this summer slowed vehicle production, the electric automaker said.

By Michael Brady • Oct. 3, 2023

Spirit AeroSystems CEO resigns

Former Boeing executive Patrick Shanahan will serve as interim CEO until a permanent replacement is found.

By Kate Magill • Oct. 2, 2023

Manufacturing remains in a trough, but signs of relief are showing: PMI

Companies are shifting from layoffs to attrition and hiring freezes to manage headcount, as companies note greater optimism for future growth in the industry.

By Kate Magill • Oct. 2, 2023

Defense Department grants $238M for microelectronic manufacturing

The money will establish eight regional innovation hubs to usher new technologies like 6G and AI hardware from development to production.

By Sara Samora • Oct. 2, 2023

Generative AI and field service

The ability to automate decisions, administrative tasks, and next-action guidance with a trusted response is crucial for field service teams as they aspire to deliver “wow” experiences to customers and drive revenue opportunities.

By Aly Pinder Research Vice President, Worldwide Aftermarket Services Strategies at IDC • Oct. 2, 2023

7,000 more UAW members to strike at Ford Chicago plant and GM Michigan factory

Stellantis will not face additional picket lines after making concessions ahead of the UAW’s Facebook Live event Friday morning, union President Shawn Fain said.

By Thai Phi Le • Sept. 29, 2023

How the EV transition looms over the UAW strike

The electrification shift isn’t an official subject of bargaining between the United Auto Workers and the Big Three, but EV-related demands represent “the union’s whole future.”

By Kalena Thomhave • Sept. 29, 2023

MycoWorks begins mushroom biofiber production at South Carolina plant

The factory could manufacture millions of square feet of its leather alternative material a year.

By Lara Ewen • Sept. 28, 2023

Samsung SDI to invest $2B in joint battery factory with Stellantis

The investment follows news of Samsung SDI’s expansion in Michigan as it pushes into the U.S. market.

By Sara Samora • Sept. 28, 2023

Honeywell to close another Ohio facility, lay off 66 workers

The Fortune 500 aerospace and materials maker will begin the first round of layoffs Dec. 15.

By Sara Samora • Sept. 27, 2023

Apparel manufacturers could lose $65B in export earnings due to climate change

Increased flooding and extreme heat could have a sizeable financial impact on global fashion suppliers, according to a Cornell University report.

By Laurel Deppen • Sept. 27, 2023

Pfizer restarts production at damaged North Carolina site

The pharma giant expects ongoing effects on its drug supply through at least mid-2024.

By Kate Magill • Sept. 26, 2023

Auto supplier BorgWarner warns of potential impact if UAW strike expands

For now the manufacturer expects modest effects as a handful of plants at the Big Three automakers stand idle. But that could worsen if workers at other plants strike.

By Ben Unglesbee • Sept. 26, 2023

3M idles PFAS production at Belgium plant

The chemical titan is weighing whether to temporarily pause or permanently end the manufacturing of affected products ahead of a planned phase-out by 2025.

By Sara Samora • Sept. 26, 2023

Ford reportedly pausing construction of Michigan EV plant

The automaker broke the news a day before President Joe Biden heads to Michigan in support of the UAW strike.

By Kate Magill • Sept. 26, 2023

Deere lays off more than 200 workers in Illinois

The agriculture equipment giant is making changes to balance its production workforce with the needs of its Harvester Works factory in East Moline.

By Nathan Owens • Sept. 25, 2023

PLZ CCO Kathy Elkey talks technology integration in contract manufacturing

The executive is using AI and automation to boost efficiency in the aerosol and chemical production business.

By Rebecca Heilweil • Sept. 22, 2023

Samsung Biologics and Bristol Myers Squibb expand partnership

The $241 million agreement includes large-scale production of an antibody cancer drug substance at the contract drug maker’s largest South Korea facility.

By Kate Magill • Sept. 22, 2023