Category: News

September 21, 2021

AutoNation Inc. said it appointed the former head of Fiat Chrysler as its next chief executive, tapping an auto-industry veteran to steer the nation’s largest publicly traded car-dealership chain out of the pandemic. The Fort Lauderdale, Fla.-based company said Tuesday […]

September 17, 2021

Global shortages, increasing customer demand, mass customization, and globalization are challenges that are getting even harder for manufacturers to solve. These challenges are only worsened by many manufacturers’ reliance on the status quo (the idea that manual processes, bad data, […]

September 17, 2021

COVID-19 sent shockwaves to the global supply chain as the virus caused thousands of manufacturers to pause operations. Some experts predicted the supply chain would fully recover by the spring and summer of 2021, but due to the surge of […]

September 15, 2021

For next year, there remains uncertainty in the supply chain, said Malcom Penn, founder and CEO of Future Horizons. This is due to an increase in capex in the second half of 2020, which could result in a supply surge […]

September 15, 2021

According to the latest U.S. Manufacturing Technology Orders (USMTO) report published by AMT – The Association For Manufacturing Technology, July 2021 new manufacturing technology orders totaled $472.6 million, a slight decrease of 5.6% from June but a 41.5% increase compared […]

September 14, 2021

Thermo Fisher Scientific Inc. will invest $154 million and create 290 additional jobs with an expansion of its Pitt County, NC operations. Thermo Fisher’s Greenville site provides both sterile and oral solid dose pharmaceutical manufacturing and packaging services from early […]

September 7, 2021

Friday’s official monthly U.S. jobs report (for August) brought a notable departure from recent trends. Athough the overall results were lousy (as total employment rose by just 235,000 during the month), manufacturing hiring soared by 37,000. It’s true that nearly […]

September 3, 2021

TSMC had revenue of $13.3 billion, a 3.1% q-o-q increase. TSMC’s relatively muted growth was mostly caused by a power outage that occurred in TSMC’s Fab14 P7, located in the Southern Taiwan Science Park, in April. The power outage subsequently […]

September 2, 2021

Majestic Steel USA, Inc. will establish a new state-of-the-art service center and processing facility on the campus of Nucor Hickman in Blytheville, AR. The 515,000-square-foot facility will feature next generation processing and warehousing equipment while creating approximately 225 new jobs. […]

August 30, 2021

A Tesla using its partially automated driving system slammed into a Florida Highway Patrol cruiser Aug. 28 on an interstate near downtown Orlando and narrowly missed its driver, who had pulled over to assist a disabled vehicle. Earlier this month, […]