Procurement: Page 7


  • The 2022 Chevy Bolt EV
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    Courtesy of General Motors
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    GM invests $60M in Mitra Chem to develop low-cost EV batteries

    The investment in the battery materials maker comes as the automaker pushes to launch more affordable EV batteries.

    By Aug. 18, 2023
  • JB Hunt BNSF containers
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    Provided by J.B. Hunt. 

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    4 supply chain insights for the second half of 2023

    Experts gave tips on economic metrics to watch and how to assess producers’ readiness to nearshore during the live event “Supply Chain Outlook: Trends and Risks To Watch."

    By Edwin Lopez • Aug. 9, 2023
  • A petrochemical plant at night.
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    zorazhuang via Getty Images
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    Manufacturing is in a trough, but economists say recovery is on the way

    While consumer demand remains low, manufacturers are preparing for better days ahead, with slightly improved production levels and stable prices.

    By Aug. 1, 2023
  • GMC Hummer EVs on the assembly line at General Motors' Factory ZERO EV plant in Detroit, Michigan.
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    Nic Antaya via Getty Images
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    GM blames automation supplier for EV production delays

    CEO Mary Barra said the third-party issue caught the automaker by surprise, but it's "not walking away" from its 400,000 EV production target.

    By July 28, 2023
  • Vehicles on the production line at the Vauxhall Ellesmere Port plant in England
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    Anthony Devlin via Getty Images
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    Stellantis, Samsung SDI plan second US gigafactory

    The automaker is working to shore up battery manufacturing capacity to meet its EV production targets. 

    By July 25, 2023
  • An EV lithium-ion battery module inside a white metal enclosure laying on a dark blue-gray ground.
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    Black_Kira for iStock via Getty Images
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    Ford supplier invests $790M to build 3 Tennessee plants

    Magna International will produce key parts for Ford’s second-generation electric truck, and is the first company to join the automaker’s supplier park.

    By July 20, 2023
  • Boeing employees work on a Boeing 787 Dreamliner on one of the assembly lines February 14, 2011 at the company's factory in Everett, Washington.
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    Stephen Brashear via Getty Images
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    Why diverse sourcing in aerospace manufacturing is harder than it seems

    Aviation companies like Boeing boast of impressive minority-owned vendor programs. But suppliers say securing contracts remains a complex and often difficult process.

    By July 20, 2023
  • The Ford F-150 Lightning Pro electric pickup.
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    Courtesy of Ford Motor Co.
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    Factory upgrades fuel Ford F-150 Lightning price cuts

    The automaker said it cut prices on its electric pickup lineup amid lower battery raw material costs and improved production efficiencies.

    By July 19, 2023
  • Panelists are on screen during a Supply Chain Dive event
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    Kelly Stroh/Manufacturing Dive
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    Are manufacturers ready for nearshoring?

    As companies consider ways to diversify their supply chains, Manufacturing Dive panelists considered whether partnering business can support the shift.

    By July 18, 2023
  • An aerial view of Mersen's Columbia, Tennessee facility, acquired in 2019 for its existing graphite production capabilities.
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    Courtesy of Mersen
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    Mersen opens synthetic graphite plant in Tennessee

    The advanced materials maker will use the site to manufacture components for markets including solar panels, semiconductors and EVs.  

    By July 17, 2023
  • A herd of sheep grazes among solar electric panels.
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    panaramka via Getty Images
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    Energy Department invests $45M to bolster US solar manufacturing

    The funding seeks to help establish a domestic solar supply chain to reduce reliance on imports.

    By July 11, 2023
  • Officials pose with shovels at the site of Liberation Lab's first precision fermentation plant.
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    Courtesy of Liberation Labs
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    Liberation Labs breaks ground on Indiana precision fermentation plant

    The biomanufacturing startup said the facility will fill a “pressing need” among food companies for animal-alternative ingredients. 

    By July 10, 2023
  • President and CEO of Renesas Hidetoshi Shibata and President and CEO of Wolfspeed Gregg Lowe shake hands at the signing ceremony at Renesas Tokyo headquarters.
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    Courtesy of Business Wire
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    Wolfspeed signs $2B supply deal with Japan-based chipmaker

    Under the 10-year agreement, Renesas Electronics will receive 150mm and 200mm silicon carbide wafers to power its semiconductors.

    By July 7, 2023
  • The EPA sign is pictured with the building in the background.
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    Justin Sullivan/Getty Images via Getty Images
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    EPA releases new guidelines on forever chemicals

    The framework seeks to prevent harmful PFAS from reaching consumers, as manufacturers begin to phase out their use in stain- and water-resistant textiles.

    By Laurel Deppen • July 7, 2023
  • In an aerial view, the Amazon Fort Powhatan Solar Farm is seen in Disputanta, Virginia.
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    Drew Angerer via Getty Images
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    New solar venture to invest up to $1.5B on domestic operation

    VSK Energy aims to develop a vertically integrated solar manufacturing operation in the U.S. to help reduce reliance on other countries for key components. 

    By July 6, 2023
  • The Intel logo is displayed outside of the Intel headquarters
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    Justin Sullivan via Getty Images
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    Intel revamps its manufacturing business in pursuit of contract chipmaker growth

    The segment will operate as a standalone unit, underpinning the semiconductor firm's fledgling foundry business.

    By June 28, 2023
  • 3M headquarters in Minnesota
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    Courtesy of 3M.

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    3M brings in new procurement head

    The company hired Kelly Bysouth, former chief supply chain officer at automotive supplier IAC Group, as SVP of strategic sourcing and packaging solutions.

    By Ben Unglesbee • June 26, 2023
  • Pictured are Three sizes cylindrical batteries produced by Panasonic for electric vehicles.
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    Courtesy of Mazda Motor Corporation
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    Mazda, Panasonic discuss long-term EV battery deal

    If an agreement is reached, Panasonic will manufacture lithium-ion batteries for the automaker in 2025 as it looks to ramp up its electrification plans.  

    By June 23, 2023
  • Volkswagen ID.3 electric cars stand in the storage tower following assembly at the "Gläserne Manufaktur" ("Glass Manufactory") production facility on June 08, 2021 in Dresden, Germany.
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    Sean Gallup via Getty Images
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    Why automakers are fretting over four words in the Inflation Reduction Act

    A prohibition on sourcing material from “foreign entities of concern” is causing apprehension among companies reliant on China, a critical mineral powerhouse.

    By June 16, 2023
  • A jet comes in for landing at Los Angeles International Airport (LAX) in Los Angeles, California.
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    David McNew via Getty Images
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    Aerospace supplier bankruptcy sends warning signal to manufacturers

    Incora took on heavy costs, which fueled profit loss as shipment delays in the industry spiraled.

    By Ben Unglesbee • June 14, 2023
  • Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center.
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    Bill Pugliano via Getty Images
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    Ford and GM execs have lingering questions about the Inflation Reduction Act

    Automakers are anxiously awaiting further federal guidance on how to ensure their vehicles qualify for EV consumer tax credits.

    By June 14, 2023
  • A Chevy pickup truck drives off the assembly line of the General Motors Flint Assembly Plant January 24, 2011 in Flint, Michigan.
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    Bill Pugliano via Getty Images
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    GM signs steel deal with ArcelorMittal North America

    The steelmaker will supply the auto company with material produced from at least 70% scrap.

    By June 12, 2023
  • A General Motors Hummer EV chassis outside of an event in Lansing, Michigan where CEO Mary Barra announced a $7 billion investment in EVs and battery production.
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    Bill Pugliano via Getty Images
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    GM invests over $1B to boost EV battery production

    The automaker and its joint venture partner POSCO Future M want to increase the production of cathode active material.

    By June 7, 2023
  • A 2022 Mustang Mach-E premium ice white edition
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    Courtesy of Mustang Ice White Appearance Package
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    Ford inks long-term lithium supply contracts

    The automaker announced deals lasting through at least 2034 in three different countries.

    By May 30, 2023
  • A worker at Nextracker's dedicated MSS Steel Tubes Factory.
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    Courtesy of Nextracker
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    Solar solutions provider commissions Tennessee tube mill for parts

    Nextracker has secured a dedicated production line at MMS Steel Tubes USA’s first U.S. factory for steel torque tubes.

    By May 30, 2023