Category: News

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 […]

December 19, 2023

Electric vehicle startup Rivian announced Dec. 19 it has chosen the construction firm to build its planned $5 billion factory an hour east of Atlanta. Chicago-based Clayco will construct the 16 million-square-foot factory on an 1,800-acre megasite in southern Morgan […]

December 18, 2023

New York state has entered into a $10 billion partnership with several semiconductor industry leaders to establish research and manufacturing in the state, creating at least 700 jobs in the process. Governor Kathy Hochul said the collaboration, which includes the […]

December 15, 2023

As the summer of 2023 ended, the number of economists predicting a recession dwindled nearly as fast as the amount of sunlight each day. Despite the generally more optimistic outlook, orders for manufacturing technology, measured by the U.S. Manufacturing Technology […]

December 11, 2023

The money will be used to replace aging tools and quadruple the production of chips necessary for critical defence programs including the F-35 fighter jet program. The Department’s agreement with BAE marks the beginning of the next phase of implementation […]

December 7, 2023

SecurityScorecard today released new research revealing that 90% of the world’s leading energy companies experienced a third-party data breach in the past 12 months. The research highlights how the energy industry faces a significant threat from third-party risks, where attackers […]

December 7, 2023

Norway-based Elopak will build its first U.S. production plant in Little Rock, Arkansas. The plant — which will produce Pure-Pak® cartons (Gable Top packaging) for liquid dairy, juices, plant-based products and liquid eggs — will feature the latest state-of-the-art technology […]

December 6, 2023

Self-driving truck technology provider TuSimple plans to lay off about 150 employees immediately, or 75% of the company’s U.S. workforce — a wind down of U.S. operations after finding no buyers during a strategic review. TuSimple is based in San […]

December 6, 2023

A federal agency wants changes in how containerships are anchored off Southern California as well as new safety measures for vessels near offshore pipelines to help prevent or minimize ruptures like the one that spilled 25,000 gallons of crude oil […]

December 1, 2023

The Alliance for American Manufacturing (AAM) held a reception this week at Shinola’s Washington, D.C. store to show off some of the cool gifts featured in this year’s Made In America Holiday Gift Guide. On display we had MASU from […]

November 29, 2023

General Motors says pretax earnings took a $1.1 billion hit this year due to production lost during a six-week strike by autoworkers, but the company expects to absorb the costs of a new contract and is even raising its dividend. […]

November 29, 2023

Worst hit will be companies at the growth stage requiring late-stage capital injections to scale up.. But Europe is the only region where investment has risen from 2020 levels – by 18% – whereas the US expected figure of $120 […]

November 29, 2023

ModuleWorks, a leading supplier of software components for the digital manufacturing industry, has announced that Mitsubishi Electric has joined its Strategic Partner Program. The Strategic Partner Program initiated by ModuleWorks represents a commitment to driving the development of intelligent, integrated […]

November 27, 2023

New polling conducted by Morning Consult for the Alliance for American Manufacturing (AAM) shows overwhelming support for shopping Made in America, as 81% of respondents said they “prefer to purchase holiday gifts made in the U.S. if presented with the […]

November 20, 2023

A full-service residential and commercial HVAC provider plans to create 300 new jobs as part of its nearly $6 million expansion in Maryland Heights, Missouri. The Hoffman Brothers’ 20,000-square-foot expansion includes a shared services space to accommodate its growth in […]

November 20, 2023

Alabama Family-owned Red Land Cotton gets its name from the famous red soil of Alabama, and this Cotton State company is dedicated to preserving the land for generations. Red Land Cotton sheets, towels, and home linens are made with organic […]

November 20, 2023

Driving growth are: inventory depletion in PCs, smartphones, automotive and industrial; electrification in automotive and industrial; AI PCs and AI smartphones and rising memory ASPs. Wafer capacity pricing is expected to remain flat next year as foundry suppliers gradually improve […]

November 16, 2023

The NVIDIA AI foundry service pulls together three elements — a collection of NVIDIA AI Foundation Models, NVIDIA NeMo™ framework and tools, and NVIDIA DGX™ Cloud AI supercomputing services — that give enterprises an end-to-end solution for creating custom generative […]

November 16, 2023

New orders of manufacturing technology totaled $398.9 million in September 2023, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. September orders declined 2.8% from August 2023 and 23.4% from September […]

November 14, 2023

Two food industry companies will bring a combined 333 jobs to Utah over the next several years – investing nearly $15 billion in the state. Utah Flour Milling expects to contribute 31 high-paying jobs to the economy as part of […]