Category: News

April 23, 2024

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 […]

April 19, 2024

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 […]

April 13, 2024

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 […]

April 8, 2024

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 […]

April 4, 2024

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 […]

April 1, 2024

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, […]

March 27, 2024

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. […]

March 22, 2024

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 […]

March 21, 2024

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 […]

March 20, 2024

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 […]

March 8, 2024

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 […]

February 28, 2024

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 […]

February 26, 2024

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 […]

February 21, 2024

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 […]

February 20, 2024

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 […]

February 19, 2024

The 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

A 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

The 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

A 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

Sarasota, 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 […]