March 8, 2024
Via: Electronics WeeklyIn 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 […]
February 28, 2024
Via: Business Facilities MagazineThis 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 […]
February 26, 2024
Via: Business Facilities MagazineCompanies 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 […]
February 21, 2024
Via: Alliance for American ManufacturingBack 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 […]
February 20, 2024
Via: Electronics WeeklyIn 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 […]
February 19, 2024
Via: Electronics WeeklyThe funding will support three GF projects: Expansion of the company’s Malta, NY, fab by adding critical technologies already in production in GF’s Singapore and Germany facilities geared towards enabling the U.S. auto industry to ensure supply chain resilience for […]
February 15, 2024
Via: Alliance for American ManufacturingA House Transportation & Infrastructure subcommittee held a hearing on Thursday examining the implementation of Buy America preferences enacted as part of the Bipartisan Infrastructure Law in 2021. And it was notable how popular the concept of Buy America was […]
February 13, 2024
Via: Quality MagazineThe Manufacturing Institute—the workforce development and education affiliate of the National Association of Manufacturers—in partnership with Colonial Life, released a report on how manufacturers can optimize their recruitment and retention efforts for military-connected talent. The report highlights case studies from […]
February 13, 2024
Via: Business Facilities MagazineA global leader in the industrial automation technology industry will soon establish its presence in South Carolina. Omron Automation chose Spartanburg County for its $9.2 million investment, according to the South Carolina Department of Commerce. Gov. Henry McMaster said the […]
February 12, 2024
Via: Manufacturing TomorrowSarasota, FL – MoistTech Corp., the global leader in moisture measurement and control, is excited to announce the IR3000-F series moisture sensors featuring cutting-edge NIR (Near Infrared) technology for exceptionally accurate and reliable moisture analysis of virtually any product or […]
February 9, 2024
Via: Transport TopicsYokohama Tire Corp. is expanding the sizes of its 124R and 714R commercial tires, the company announced Feb. 5. The 124R is a long-lasting radial tire designed for regional pickup and delivery fleets. The three new sizes bring the total […]
February 6, 2024
Via: Manufacturing TomorrowOrganisational changes are commonplace, from changes in management structure and departmental responsibilities through to implementing a new organisation-wide IT platform. However, latest research from O.C. Tanner reveals that just 65 per cent of manufacturing leaders take their employees into account […]
February 1, 2024
Via: Electronics WeeklyIn 2023, Apple became the leading smartphone company in China for the first time with a market share of 17.3% in 2023, according to IDC. 2023 China smartphone shipments totaled 271.3 million units which was a decline of 5.0% compared […]
January 26, 2024
Via: Business Facilities MagazineTwo manufacturing companies will bring 60 jobs to South Carolina as part of expansions in separate counties. Nova Molecular Technologies will create 20 new jobs as part of its $23.75 million expansion in Sumter County. The high-purity solvents manufacturer will […]
January 25, 2024
Via: Manufacturing TomorrowA new report from ABB Motion, entitled “Circularity: No Time to Waste,” reveals that 91 percent of industrial businesses are feeling the effects of resource scarcity, prompting two-thirds to increase their investment in circularity initiatives within the next three years. […]
January 24, 2024
Via: Business Facilities MagazineTwo foreign direct investment (FDI) projects in Detroit that build on Michigan’s leadership in future mobility and electrification, and a new flagship headquarters that will further strengthen the state’s supply chain network, have been approved for Michigan Strategic Fund (MSF) […]
January 22, 2024
Via: Manufacturing TomorrowEnvironmental concerns, rapid progress in technology and political changes have shaped the manufacturing landscape in 2023. Rishi Sunak’s Net Zero announcement in September caused frustration in the industry after many manufacturing companies prioritised meeting net zero targets, just for these […]
January 19, 2024
Via: Electronics WeeklyIn Q4, HPC revenues, including AI, grew 17% q-o-q, smartphone revenues grew 27% and auto grew 13%. Capex is expected to be between $28 billion and $32 billion. Q4 net profit was 19.3% down y-o-y at $7.6 billion and Q4 […]
January 16, 2024
Via: Business Facilities MagazineStardust Power Inc. will build a new battery-grade lithium refinery at Southside Industrial Park in Muskogee, Oklahoma. The manufacturer of battery-grade lithium products is expected to be eligible to receive up to $257 million in state and federal economic incentives […]
January 11, 2024
Via: Business Facilities MagazineCapital Concrete Co. will invest $8.25 million to add a facility in Fairfield County, South Carolina. The construction materials supplier expects to create 17 jobs with the new operation in Ridgeway, according to the South Carolina Department of Commerce. “Capital […]