Topic
manufacturing
60 stories related to this topic, newest first.
news.google.combusiness1 day ago
U.S. Board Game Maker Produces Custom Monopoly Domestically After Tariff Bill but Imports Dice
WS Game Company shifted production of a custom Monopoly game to domestic suppliers following a large tariff bill on its China-made products. The effort required over a year to assemble U.S. partners and resulted in at least double the manufacturing cost.
Yonhapworld1 day ago
Samsung to Start First Yongin Chip Plant in 2029, Two Years Ahead of Schedule
Samsung Electronics plans to begin operations at its first Yongin semiconductor fabrication plant in 2029, one to two years ahead of the prior schedule. The company will invest 2,030 trillion won in its Pyeongtaek and Yongin clusters and 400 trillion won in two Gwangju plants.
teslarati.comtechnology2 days ago
Samsung Foundry reaches tape-out on Tesla AI5 chip at 2nm process
Samsung Foundry completed tape-out of a Tesla AI5 chip designed for the Taylor, Texas fab. Volume production remains months away.
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abcnews.go.compolitics2 days ago
U.S. Defense Contractors Benefit from Ukraine Producing Patriot Interceptors
A senior Republican lawmaker said U.S. defense contractors including Lockheed Martin would gain if Ukraine manufactures Patriot missile interceptors. The statement follows a pledge that the U.S. would grant a license for the weapons system.
wwd.compolitics2 days ago
Trump Declines to Extend USMCA Beyond 2036, Leaving Current Terms in Place
President Donald Trump has decided not to renew the United States-Mexico-Canada Agreement. The pact remains in force until 2036. Trade deficits with Mexico and Canada widened after the deal took effect in 2020.
benzinga.comtechnology3 days ago
Tesla Begins Removing Model S and Model X Lines at Fremont to Install Optimus Robot Production Lines
Tesla has started dismantling Model S and Model X production lines at its Fremont facility. The work clears space for new lines dedicated to Optimus robot manufacturing. The company said the area will eventually support annual output of one million robots.
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crowdfundinsider.comfinance3 days ago
Fed Report Notes Higher Private Credit Redemptions, Stagnant Housing, and Strong Factory Output in Q1
A Federal Reserve report detailed increased redemption requests in some private credit vehicles during the first quarter alongside stagnant housing activity. Manufacturing output strengthened from AI-related data center spending while foreign growth remained subdued.
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benzinga.comtechnology3 days ago
LG Energy to Increase Cylindrical Battery Output at Nanjing Factory Amid Higher Tesla Demand
@SawyerMerritt reported that LG Energy is increasing cylindrical battery production in Nanjing, China, to meet higher demand for Tesla electric vehicles. The Model Y ranked as China's top-selling passenger vehicle last month.
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cnet.comfinance3 days ago
Volkswagen Unveils 12-Point Restructuring Plan to Cut Capacity and Complexity
Volkswagen announced a restructuring plan that includes reducing annual production capacity to 9 million vehicles, cutting model range by up to 50 percent, and lowering product complexity by up to 75 percent. The company's works council rejected plant closures and said it will su…
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world3 days ago
Volkswagen Board Reviews Model Reductions After First-Quarter Results
Volkswagen announced plans to reduce its vehicle lineup by as much as half following a board meeting. The move aims to lower costs amid a 28 percent drop in first-quarter profit to €1.6 billion and a 20 percent sales decline in China.
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news.sky.combusiness4 days ago
Volkswagen to Reduce Annual Production Capacity to 9 Million Vehicles
Volkswagen announced adjustments to its global production capacity and model lineup. The changes respond to shifts in market conditions and heightened competition.
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cnbc.comtechnology4 days agoUpdated
Micron Raises Planned U.S. Investment to Over $250 Billion Through 2035
Micron Technology increased its planned U.S. investments to more than $250 billion by 2035. The projects are expected to create over 90,000 jobs while boosting domestic semiconductor production.
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memeburn.comtechnology4 days ago
Micron Raises Capex by $50 Billion to $250 Billion Through 2035, Shares Rise 9 Percent
Micron announced an additional $50 billion in capital spending on Thursday. The increase supports a goal of producing 40 percent of its DRAM in the United States. Shares of Micron and peer memory companies rose after the announcement.
Al Jazeeraworld3 days agoUpdated
Fire at Shoe Factory in Jinjiang Kills at Least 28, Over 200 Evacuated
A blaze at the Huiteng Footwear factory in southeastern China killed at least 28 people on Thursday. More than 500 rescue personnel responded after the fire broke out around noon local time.
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wwd.compolitics4 days agoUpdated
China shoe factory fire kills 28, Xi says losses are heavy
A fire broke out Thursday at a multi-storey shoe factory in Jinjiang, Fujian province. President Xi Jinping said the blaze resulted in heavy human losses. Flames were largely extinguished by 5:40 p.m. after 183 firefighters responded.
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wccftech.comai4 days ago
Company plans September start for AI chip production to double computing capacity
The company will begin production of its own AI chip in September. The move is intended to double its computing capacity.
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The Guardianworld4 days ago
Volkswagen Proposes Up to 100,000 Job Cuts and Factory Closures, Subject to Supervisory Board Vote
The plan will face its first formal review by the supervisory board on Thursday. IG Metall has scheduled demonstrations at 18 German sites the same day.
mexiconewsdaily.compolitics4 days ago
Senators plan bipartisan bill to restore manufacturing program
Four senators will introduce legislation Thursday to require the Commerce Department to resume funding for a program that supports U.S. manufacturing firms. The move follows funding freezes that have led to closures and staffing cuts at centers nationwide.
interestingengineering.comworld4 days ago
California startup to open first U.S. sodium-ion battery factory in Sacramento
Peak Energy will build a Sacramento plant to produce sodium-ion battery systems at commercial scale beginning in early 2027. The facility is expected to create 239 jobs and will initially import cells from China.
espn.compolitics5 days ago
Toyota to invest $3.6 billion in Texas plant expansion
Toyota will add a second assembly line at its San Antonio facility, creating more than 2,000 jobs and increasing annual output by about 150,000 vehicles. The expansion raises the company's total investment in the site to $8.3 billion since 2003.
Defense Newsworld6 days ago
Lockheed Martin and Rheinmetall agree to make ATACMS missiles in Germany as U.S. output winds down
The companies agreed to co-produce the missiles at Rheinmetall’s Unterlüß site, the first such manufacturing outside the United States. The memorandum was announced at the NATO Summit Defense Industry Forum in Ankara and is backed by both governments.
interestingengineering.comfinance6 days ago
U.S. Discusses European Co-Production of AMRAAM Missiles
The United States is holding talks with Germany and other European nations on setting up local manufacturing of Raytheon's AIM-120 AMRAAM missiles and a maintenance facility for Patriot missiles.
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news.sky.compolitics7 days ago
Ineos chief urges EU action on Chinese chemical imports and European plant closures
Sir Jim Ratcliffe told Ursula von der Leyen that China is overbuilding chemical capacity and dumping products in Europe at low prices. He cited 200 plant closures in five years and risks to food and defense supply. GB News reported the contents of the letter.
ecns.cnfinance7 days ago
China's First Shield Tunneling Machine for Saudi Arabia Rolls Off Tianjin Line
@FirstSquawk reported that an earth pressure balance shield machine with an 11.16-meter excavation diameter and 105-meter length left the production line in north China's Tianjin. The machine will support Riyadh's Metro Line 2 extension project.
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cnbc.comtechnology7 days ago
Agility Robotics to Go Public via SPAC Merger Valued at $2.5 Billion
Agility Robotics plans to merge with Churchill Capital Corp XI in a deal expected to raise more than $620 million. The transaction would make it the first pure-play humanoid robotics company to trade publicly. Completion is slated for later this year pending approvals.
financialpost.comfinance7 days ago
Germany Factory Orders Rise 1.9% in May
German factory orders increased 1.9% month-over-month in May, exceeding analyst expectations of 1.1%. The year-over-year working-day adjusted figure rose 6.2%.
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news.google.comworld7 days ago
Nigeria Private Sector Grows in June but Manufacturing Output Falls
The Stanbic IBTC PMI for June 2026 showed continued growth in Nigeria's private sector, with business activity rising for the fifth straight month even as manufacturing output fell. Employment increased for the 13th consecutive month while input costs rose at a substantial pace.
GB Newspolitics7 days ago
UK report: over one in ten factories face closure from electricity costs
A survey of 124 manufacturers found 13 percent said further electricity price increases could threaten their operations. The study estimated an £85 billion annual economic loss if closures occur.
world9 days ago
Defense Contractor Plans 2,000 Additional Hires by End of 2026
A defense contractor will add 2,000 employees worldwide by December 2026. The move completes a previously announced 4,000-person hiring target for the year.
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manilatimes.netbusiness9 days ago
Renk Group Acquires David Brown Defence in Deal Worth Up to £190 Million
GB News reported that German defence manufacturer Renk Group bought Huddersfield-based David Brown Defence. The transaction, valued at up to £190 million, includes a £700 million order backlog and brings Renk a UK presence in submarine gearboxes. The British government approved t…
thehindubusinessline.comtechnology9 days ago
India semiconductor plant begins production of 200 million chips annually
A new semiconductor manufacturing unit operated by CG Power & Industrial Solutions Ltd. has started production. The facility has an annual capacity of 200 million chips.
livemint.comworld9 days ago
Continental agrees to sell ContiTech unit to Lone Star Funds for about $4.6 billion
Continental has agreed to sell its ContiTech industrial unit to Lone Star Funds in a transaction valued at $4.6 billion. The deal advances the company's shift to focus solely on tires. A binding agreement has not been finalized.
nypost.comworld9 days ago
Sharp Targets 200-300 Billion Yen in New Business Sales by Fiscal 2030
Sharp aims to generate 200 billion to 300 billion yen from new businesses by fiscal 2030, with AI servers expected to account for more than 80 percent of those sales. The company also plans to expand satellite communications equipment and enter the electric vehicle market in fisc…
The Japan Timesworld9 days ago
Micron breaks ground on $9.3 billion Hiroshima factory expansion
Micron Technology began construction on an expansion of its factory in Hiroshima, Japan, on Saturday. The project is valued at ¥1.5 trillion and will produce high-bandwidth memory chips for AI processors, with shipments scheduled to begin around the summer of 2028.
news.google.comtechnology10 days ago
Sony Converts Austrian Disc Plant to Microlenses Ahead of 2028 Digital Shift
Sony has invested $34 million to repurpose its Thalgau factory from making PlayStation discs to producing optical microlenses. The change follows the company's announcement that it will stop producing disc-based games in January 2028.
variety.comfinance10 days ago
Spain Industrial Production Rises 1.2% Month-on-Month in May, Beating Forecasts
Official data showed Spanish industrial output increased more than expected in May. Month-on-month growth reached 1.2 percent against a 0.4 percent consensus forecast. Year-on-year output also exceeded estimates.
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business11 days ago
UK Packaging Levy Prompts Union Warning of 4,752 Glass Jobs at Risk and Government Review
The GMB union estimates that Labour’s Extended Producer Responsibility scheme could threaten at least 4,752 positions in Britain’s glass sector. Industry groups say the weight-based fees add £124 million annually to brewing costs and place the UK at the top of European packaging…
Semaforworld11 days ago
Gavi to Begin First Payouts from $1.2 Billion African Vaccine Program
The global vaccine alliance will disburse initial funds to an African manufacturer in the second half of 2026. The payments mark the shift from factory construction to securing buyers and regulatory approvals.
Defense Newsbusiness11 days ago
KNDS delays IPO after failing to secure investor support above 12 billion euros
The Amsterdam-based maker of Leopard 2 tanks and Caesar howitzers delayed its planned dual listing in Paris and Frankfurt. Shareholders said the process would resume once market conditions improve.
Yonhapworld11 days ago
Hyundai Motor Group Expands Digital Testing at Namyang R&D Center
The company opened new facilities at its Namyang R&D Center that use simulators, robotic scanners and wire-car replicas to shorten vehicle development cycles. The upgrades support the group's shift toward software-defined vehicles and over-the-air updates.
technology12 days ago
Rocket Motor Explodes During Test at Anduril Mississippi Facility, No Injuries Reported
An explosion damaged a testing stand at the defense startup's McHenry site last Friday. No injuries occurred and the company said it plans to resume testing within weeks.
yahoo.comworld13 days ago
Army Opens Brushless Motor Line at Tobyhanna Depot with Goal of 200,000 Units
The U.S. Army began operating a new brushless motor assembly line at Tobyhanna Army Depot in Pennsylvania. The line targets an initial output of 200,000 motors to support domestic drone production.
vox.comai13 days ago
Ford Rehires 350 Engineers to Retrain AI Quality Tools While Reporting $11.1 Billion Quarterly Loss
The automaker brought back veteran staff over three years to improve defect detection systems. It reached the top spot in a major quality ranking while reporting a large quarterly loss.
Semaforworld13 days ago
EU and China set October deadline for trade talks
Officials from the European Union and China agreed to reach progress on trade disputes by October. The talks follow rising Chinese exports to Europe and pressure on European manufacturers.
forbes.comtechnology13 days ago
Ford rehires 350 veteran engineers after AI inspection issues
Ford Motor Company has brought back 350 experienced engineers over the past three years to address shortcomings in its AI-based design and manufacturing checks. The company had reduced its workforce by 5,000 since 2020.
theverge.comtechnology13 days ago
BMW to Build New Electric SUV at South Carolina Plant
The German automaker will produce an additional electric sport utility vehicle at its existing facility. The move comes as other manufacturers reduce electric vehicle investment after reporting large losses.
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theverge.comworld13 days ago
Agratas to Build Battery Plants in Somerset and Gujarat
Agratas, part of India's Tata Group, is constructing battery gigafactories in Bridgwater, Somerset, and Gujarat, India. The UK site will employ about 4,000 people and produce up to 12 million cells yearly. GB News reported statements on differing construction timelines and energy…
jns.orgpolitics13 days ago
Defense Contractor Breaks Ground on New Mexico Missile Plant
A California startup selected New Mexico for a 1,000-acre hypersonic missile factory after comparing sites in three states. The project follows a Pentagon shift toward fixed-price contracts that place production risk on contractors.
insightsonindia.comworld13 days ago
South Korea Industrial Output Falls 0.3 Percent in May While Vehicle Production and Services Rise
Data from the Ministry of Data and Statistics showed industrial production declined 0.3 percent in May from April. Semiconductor output dropped 10 percent while vehicle production rose 2.7 percent and retail sales edged up 0.1 percent.
ai14 days ago
Ford rehires over 350 veteran engineers after AI quality systems contribute to record recall costs
Ford hired more than 350 experienced engineers over three years after automated systems produced repeated errors that raised recall costs. The company now ranks first among mainstream brands in the latest J.D. Power Initial Quality Survey.
koreaherald.comworld14 days ago
South Korea Unveils Plan for Southwestern Semiconductor Manufacturing Hub
The government announced 800 trillion won in corporate investment to create a new memory chip cluster in Gwangju and Jeolla provinces. Samsung Electronics and SK hynix each committed to two new fabrication plants. The project aims to complement the existing Yongin cluster.
world14 days ago
Samsung Electronics considers new chip plant in Gwangju
Samsung Electronics is evaluating the southwestern city of Gwangju for a new semiconductor facility. The announcement came during a government briefing on industrial strategy.
hackster.iopolitics15 days ago
Solar panel factory in Dallas changes ownership from Chinese to American firm
A Dallas factory that produces 20,000 solar panels daily was built by a Chinese company in 2024 and sold shortly after opening. The facility now operates under new American ownership with 1,200 workers and robots.
Yonhapworld15 days ago
Samsung Biologics Union Votes to Leave Company-Wide Labor Group After Strikes
Unionized workers at Samsung Biologics approved a move to leave the Samsung Group United Union in a vote that ended Sunday. The decision follows months of labor actions over pay and conditions. Negotiations with management are set for this week.
electrek.coai16 days ago
Tesla to Raise Berlin Plant Output 20 Percent Starting in October While Shifting Focus to AI and Robotics
@MarioNawfal reported that Tesla will increase weekly vehicle production at its Berlin plant by 20 percent to 7,500 units from October. The move adds roughly 1,000 jobs while the company invests further in battery cells and Model Y output.
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freepressjournal.inworld16 days ago
Porsche May Move All Cayenne Production to Leipzig Only If Workers Accept Pay Cuts
The move would bring every powertrain variant of the SUV to the German plant. It depends on workers accepting lower pay to offset higher labor costs. Talks with employee representatives continue.
ecns.cnbusiness16 days ago
China Industrial Profits Rose 21.1 Percent in May but Fell for Automakers and Furniture Makers
Profits at Chinese industrial firms rose 21.1 percent year on year in May, slowing from April's pace. Growth varied sharply across sectors while factory-gate inflation hit a nearly four-year high.
Forbesbusiness16 days ago
Jaguar Land Rover Shows 49 Parts on One Range Rover Demo Cut More Than One Ton of Production Emissions
The demonstration vehicle incorporates parts from 30 suppliers that cut more than one ton of CO2-equivalent emissions during production. Jaguar Land Rover has opened the collaboration to 150 additional suppliers for future scaling.
deccanchronicle.comworld17 days ago
Volkswagen Weighs Closing Four German Plants and Cutting Up to 100,000 Jobs
Volkswagen is evaluating the shutdown of four German factories and the elimination of as many as 100,000 positions. The moves would represent the largest restructuring in the automaker's history.
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nbcnews.comtechnology17 days ago
Volkswagen Considers Closing Up to Four German Plants and Cutting 15 Percent of Jobs After 44 Percent Profit Drop
Volkswagen Group is considering the closure of up to four factories in Germany along with layoffs that would shrink its workforce by 15 percent. The steps follow a 2025 in which profits fell 44 percent despite flat sales.