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Category: Manufacturing


Industries, Manufacturing

Trump wants to end U.S. reliance on Chinese manufacturing ‘once and for all.’ U.S. firms aren’t complying

September 9, 2020

Via: Fortune

A survey of American businesses in China released on Wednesday found that a majority of U.S. companies in China don’t have plans to move manufacturing out of China and into the U.S., despite President Donald Trump’s recent remarks that doing […]


Industries, Manufacturing

General Motors takes 11 percent stake and $2 billion in equity in electric truck maker Nikola

September 8, 2020

Via: NBC News

General Motors is taking an 11 percent stake in electric truck maker Nikola, agreeing to build its hydrogen fuel cell electric pickup truck the Badger by the end of 2022. Nikola’s shares surged by about 45 percent in premarket trading, […]


Industries, Manufacturing

Semiconductors are a weapon in the U.S.-China trade war. Can this chipmaker serve both sides?

August 10, 2020

Via: Fortune

What a difference two months can make. In May, Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest chipmaker, lost the business of Huawei Technologies—its biggest Chinese customer and the source of 13% of its revenue—as a casualty of geopolitical jockeying […]


Industries, Manufacturing, News

U.S. core capital goods orders, shipments accelerate in June

July 27, 2020

Via: CNBC

New orders for key U.S.-made capital goods increased more than expected in June and shipments accelerated, but the gains were likely insufficient to avert the deepest plunge in business investment and economic activity since the Great Depression in the second […]


Industries, Manufacturing

U.K. manufacturers warn of ‘jobs bloodbath’ without further government support

July 20, 2020

Via: Market Watch

The U.K. manufacturing industry has warned of a “jobs bloodbath” unless the government extends its job retention program by six months, to avoid highly skilled job losses in the sector on a scale “not seen since the 1980s.” Trade body […]


Industries, Manufacturing

Texas county approves tax breaks for possible Tesla Cybertruck factory

July 15, 2020

Via: Fortune

Texas is moving forward with efforts to woo Tesla Inc. and lure its next electric-vehicle factory after the county that’s home to the state capital signed off on a tax-relief package. Commissioners in Travis County voted Tuesday to approve a […]


Industries, Manufacturing

U.S. producer prices unexpectedly fall in June

July 10, 2020

Via: CNBC

U.S. producer prices unexpectedly fell in June as the economy battles depressed demand amid the Covid-19 pandemic. The Labor Department said on Friday its producer price index for final demand dropped 0.2% last month after rebounding 0.4% in May. In […]


Industries, Manufacturing

Ford debates whether to continue producing police vehicles

July 10, 2020

Via: NBC News

Ford is embroiled in an internal dispute over whether to continue producing vehicles for U.S. law enforcement in light of the broader national debate over police brutality. As many as 100 Ford employees have raised the question in letters to […]


Industries, Manufacturing

Ford revives Bronco brand, aims at Jeep’s big off-road sales

July 6, 2020

Via: ABC News

DETROIT — When it comes to rugged vehicles that go off the road, over rocks and into the mud to experience nature, Jeep for years has cornered the U.S. market. Now Ford is reviving the Bronco brand name in an […]


Industries, Manufacturing

Orders for US big-ticket factory goods surge 15.8% in May

June 25, 2020

Via: ABC News

WASHINGTON — Orders to American factories for big-ticket goods rebounded last month from a disastrous April and March as the U.S. economy began to slowly reopen. The Commerce Department said that orders for manufactured goods meant to last at least […]