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Category: Manufacturing


Industries, Manufacturing

Apple’s iPhone maker expects its China plants to be operating normally within weeks

March 3, 2020

Via: Fortune

Hon Hai Precision Industry Co., Apple Inc.’s most important manufacturing partner, expects its Chinese plants to begin operating normally by the end of March after resolving severe labor shortages brought on by the coronavirus outbreak. The Taiwanese company, which assembles […]


Industries, Manufacturing

Coronavirus is threatening a manufacturing comeback in the Eurozone

March 2, 2020

Via: Fortune

Euro-area factories saw the first clear signs of the coronavirus hitting their business in February, with widespread delivery delays and steep declines in foreign orders. The epidemic, which has spread to the European continent after emerging in China late last […]


Industries, Manufacturing

Coronavirus outbreak to impact steel industry for next 2-3 years: Pradhan

February 17, 2020

Via: Business Standard

The impact of Coronavirus outbreak will be felt on global steel industry for at least two to three years, as China is the largest producer of the alloy, Union Minister Dharmendra Pradhan said on Monday. The minister also asked Indian […]


Industries, Manufacturing

UK economy stalls in fourth quarter of 2019 as manufacturing shrinks

February 11, 2020

Via: Business Standard

Britain’s economy saw zero growth in the final quarter of last year as manufacturing shrank heading into the country’s general election that unlocked Brexit, official data showed Tuesday. “There was no growth in the last quarter of 2019 as increases […]


Industries, Manufacturing

Trump promises 100,000 new ‘high-paying’ auto jobs — but are they a sure thing?

February 7, 2020

Via: Market Watch

If you’re looking for work, would the auto industry provide job security? President Trump promised “nearly 100,000 new high-paying American auto jobs” in his State of the Union address Tuesday, a result of the U.S.-Mexico-Canada Agreement (USMCA). He added that […]


Industries, Manufacturing

Aston Martin gets a $656 million lifeline led by Formula One billionaire as it runs low on cash

January 31, 2020

Via: Fortune

Aston Martin Lagonda Global Holdings Plc secured a 500-million-pound ($656 million) lifeline to restore the balance sheet and help build a new sport-utility vehicle after agreeing to sell a minority stake to billionaire Lawrence Stroll. The deal agreed late Thursday […]


Industries, Manufacturing

PSA and Fiat-Chrysler Finalize Merger, Forging Carmaking Giant to Rival VW

December 18, 2019

Via: Fortune

PSA Group and Fiat Chrysler Automobiles NV agreed to combine in a deal that will create the world’s fourth-biggest auto manufacturer. The French and Italo-American carmakers signed a binding accord for a 50-50 merger of their businesses, they said Wednesday. […]


Industries, Manufacturing

Boeing May Temporarily Stop Making the Troubled 737 Max

December 16, 2019

Via: Fortune

Boeing Co. is considering temporarily halting production of the 737 Max as regulatory clearance for the grounded jet’s return looks increasingly likely to slip beyond January 2020, said a person familiar with the matter. While the board is also studying […]


Industries, Manufacturing

US producer prices were unchanged in November; underlying inflation soft

December 12, 2019

Via: CNBC

U.S. producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by declining costs for services, pointing to muted inflation despite a recent uptick in consumer prices. The Labor Department said on Thursday the […]


Industries, Manufacturing

German factory production drops in Oct as economy struggles

December 6, 2019

Via: ABC News

October factory production dropped in Germany over the previous month in another sign the economy, Europe’s largest, is struggling. The Federal Statistical Office reported Friday that industrial production fell 1.7% in October over September when adjusted for price, seasonal and […]