Category: News

February 9, 2024

Yokohama 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

Organisational 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

In 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

Two 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

A 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

Two 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

Environmental 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

In 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

Stardust 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

Capital 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 […]

January 11, 2024

Two Congressmen have written to US Secretary for Commerce, Gina Raimondo, expressing concern that China is “on track to flood the United States and global markets with foundational semiconductors.” By ‘foundational’ they mean chips made on older nodes than 28nm. […]

January 11, 2024

The soft landing the U.S. economy generally experienced through 2023 did not affect all sectors of the economy evenly. Even in the face of improving economic health, orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published […]

January 8, 2024

An indoor food production container to advance urban farming recently opened in Buffalo’s East Side. Located within a 40-foot shipping container installed at the Buffalo Go Green’s Zenner Street urban farm, the facility will grow vegetables and herbs year-round in […]

January 4, 2024

Called VOMDA1271, “the component is available in a SOP-4 housing. The driver is the only one of its kind in this package size with an isolation voltage of 3.750 V [sic] and a typical open-circuit output voltage of 8.5V”, according […]

January 4, 2024

RS, a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions for industrial customers, added dozens of new Industry 4.0 and electrical solutions suppliers to its line card last year, making it even […]

January 3, 2024

We haven’t talked about Donald Trump in quite some time on this blog. He isn’t president anymore, after all. Since he left office, he’s spent most of this time lying about the 2020 election and dealing with a whole host […]

January 2, 2024

The manufacturing industry is undergoing a profound digital transformation. As manufacturers integrate digital technologies and tailored software solutions, they become more efficient and agile, yet simultaneously more vulnerable to a new challenge: cyber threats. As a result, cybersecurity emerges as […]

December 27, 2023

There was an American factory boom in 2023. A real big one. We’re still waiting on the full number, but construction on manufacturing plants topped approximately $200 billion in private spending this year, which was approximately $80 billion more than […]

December 22, 2023

The company raised over $450 million since it was founded in 2014. The company is reported to be trying to sell its assets including a test track built in the Nevada desert. Employees have been told they will be laid […]

December 20, 2023

SI’s answer is the table below of major U.S. fab projects announced in the last few years. The total near term investment is $142 billion. Most of these projects were announced before the passage of the Chips Act. However, these […]