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Category: News


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Unlocking manufacturing excellence

June 13, 2024

Via: Today's Medical Developments

For the manufacturing industry, collaboration has never been more important. Navigating new technologies, global crises and the pressure to become more sustainable and productive can place a lot of weight on a manufacturer’s shoulders, and those working in the industry […]


News

2024 State of Manufacturing Report Reveals Industry at Critical Inflection Point

June 4, 2024

Via: Metrology and Quality News

Fictiv, a global manufacturing company, has announced the release of its ninth-annual ‘State of Manufacturing Report’ — an industry-leading survey of manufacturing leaders that tracks perspectives on the economy, supply chain, AI, sustainability, and more. Following years of supply chain […]


News

Nvidia enabling AI factories

June 3, 2024

Via: Electronics Weekly

ASRock Rack, ASUS, GIGABYTE, Ingrasys, Inventec, Pegatron, QCT, Supermicro, Wistron and Wiwynn will deliver cloud, on-premises, embedded and edge AI systems using Nvidia GPUs and networking, says Nvidia. “The next industrial revolution has begun,” says  Huang, “companies and countries are […]


News

Manufacturers Can Overcome Condensation Challenges

May 21, 2024

Via: Industry Today

Food and beverage manufacturers face some of the most difficult printing environments of any industry. Fast line speeds, the growing demand for variable content, and small batch productions can complicate online product coding operations. In addition, condensation on packaging often […]


News

U.S. Manufacturing Technology Orders Down 16.9 Percent

May 1, 2024

Via: Metrology and Quality News

Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by The Association For Manufacturing Technology (AMT), totaled $343.3 million in February 2024. This was a 2.1% increase from January 2024 but a 26.5% decline from February […]


News

US Cutting Tool Orders Increase 6.5% Compared To 2023

April 23, 2024

Via: Metrology and Quality News

February 2024 U.S. cutting tool consumption totaled $214.6 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was […]


News

Rivian Cuts 1% of Workforce in Second Round of Layoffs

April 19, 2024

Via: Transport Topics

Electric vehicle upstart Rivian, which recently put on pause plans to build a Georgia factory, said in mid-April it is laying off more workers as it cuts costs to buttress its balance sheet. California-based Rivian said it will cut about […]


News

US manufacturing technology orders up from Jan. 2024, down 26.5% from Feb. 2023

April 13, 2024

Via: Today's Medical Developments

Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, totaled $343.3 million in February 2024. This was a 2.1% increase from January 2024 but a 26.5% decline from […]


News

TSMC gets $11.6bn funding and ups US spend to $65bn

April 8, 2024

Via: Electronics Weekly

TSMC is to build a third fab in Arizona and will manufacture 2nm ICs in the US starting in 2030. “For the first time ever, we will be making, at scale, the most advanced semiconductor chips on the planet here […]


News

U.S. Steel Unveils Plan to Capture Carbon Emissions at Gary Works Facility

April 4, 2024

Via: Alliance for American Manufacturing

The United States Steel Corporation (U.S. Steel) announced on Wednesday a collaboration with Texas-based CarbonFree to capture carbon emissions produced by U.S. Steel’s Gary Works blast furnaces in Northwest Indiana. The project will be the first commercial-scale carbon capture utilization […]


News

Owl’s Head Alloys Will Invest Over $29M In Mississippi

April 1, 2024

Via: Business Facilities Magazine

Aluminum processing company Owl’s Head Alloys (OHA) will invest $29.245 million to locate operations in Clay County, Mississippi. The project will create 68 new jobs. “On behalf of the Owl’s Head Alloys team, I would like to thank Governor Reeves, […]


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Two Manufacturing Projects Will Create Nearly 300 Jobs In Tennessee

March 27, 2024

Via: Business Facilities Magazine

Landmark Ceramics UST, Inc. will invest $71.9 million to expand its tile production manufacturing facility in Mt. Pleasant, Tennessee. The company will increase its footprint by more than 400,000 square feet and create 78 new jobs in Southern Middle Tennessee. […]


News

January 2024 Manufacturing Technology Orders Down 31% From December

March 22, 2024

Via: Quality Magazine

Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, totaled $338 million in January 2024, a 31% decline from December and a 3.7% decline from January 2023. The […]


News

Manufacturing Activity Expands by Most Since June 2022

March 21, 2024

Via: Transport Topics

U.S. manufacturing activity expanded by the most since mid-2022 as production and factory employment growth accelerated along with measures of inflation. The S&P Global flash March factory purchasing managers index edged up 0.3 point to 52.5, marking the third straight […]


News

Suppliers to TSMC and Intel Arizona fabs delay plant construction

March 20, 2024

Via: Electronics Weekly

Five companies which were building facilities to supply TSMC and Intel’s delayed new fabs in Arizona have halted construction plans, reports the Nikkei. The companies are: LCY Chemical, Solvay, Chang Chun Group, KPPC Advanced Chemicals (Kanto-PPC) and Topco Scientific. The […]


News

Taalas chip ‘opens the way’ to reducing AI cost by 1000x

March 8, 2024

Via: Electronics Weekly

In Q3, the company plans to tape out its first large language model chip and, in Q1 2025, intends to IMG_0296-150×150.webpmake it available to early customers. Taalas has raised $50 million dollars over two rounds of funding led by Pierre […]


News

Future Mobility, Sustainability Projects To Bring More Than 1,360 Jobs To Michigan

February 28, 2024

Via: Business Facilities Magazine

This week, Governor Gretchen Whitmer joined the Michigan Economic Development Corporation (MEDC) to announce Michigan Strategic Fund (MSF) approval of two projects in the future mobility and green energy sectors. Together, the Corning Incorporated and Lucid Motors projects will generate […]


News

Utah Tax Credits Assist With Expansions Across Industries

February 26, 2024

Via: Business Facilities Magazine

Companies across industries have chosen to expand their operations in Utah — due, in part, to tax credits. Pattern, a global e-commerce and marketplace acceleration platform, plans to add more than 500 jobs and invest nearly $26 million in the […]


News

Volkswagen Likely to Wind Down Its Xinjiang Investments over Forced Labor Concerns

February 21, 2024

Via: Alliance for American Manufacturing

Back in December, German automaker Volkswagen announced that a self-commissioned audit of its factory in China’s Xinjiang region had found “no indication” of forced labor there. Then, last week, VW announced it was in discussions with one of its main […]


News

Taiwan IC industry to grow 15.4% this year to $163bn, says TSIA.

February 20, 2024

Via: Electronics Weekly

In Taiwan last year, IC industry production value fell 10.2% to $139.2 billion, the Industrial Economics and Knowledge Center said. This year, the Taiwan IC manufacturing sector is expected to grow 16.6% to $98.7 billion led by TSMC with sales […]