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News

Owl’s Head Alloys Will Invest Over $29M In Mississippi

April 1, 2024

Via: Business Facilities Magazine

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, […]


Aerospace & Defense, Industry Focus Areas

Calling time on government funded manned space travel

March 29, 2024

Via: Electronics Weekly

The UK’s Astronomer Royal – his official title – has said government funding should no longer be used to send people into space. Talking in the context of space exploration and inter-planetary travel, he highlights that with the progress of […]


Energy, Industry Focus Areas

US Buys 2.8 Million Barrels of Oil for Strategic Reserve

March 28, 2024

Via: Transport Topics

The U.S. purchased 2.8 million barrels of crude for the nation’s emergency oil cache as it seeks to replenish depleted supplies. The Energy Department has been slowly refilling the Strategic Petroleum Reserve after it reached a 40-year-low following the Biden […]


Aerospace & Defense, Industry Focus Areas

Dubai-Based Company Orders Over 100 Flying Cars

March 27, 2024

Via: ASD News

Aviterra, a Dubai-based company concluded a historic deal with PAL-V to bring the Liberty flying car to the Middle East and Africa. Aviterra is acquiring over 100 PAL-V Liberty flying cars, making an investment, and formalizing a partnership for the […]


Logistics, Process

Transportation Providers Drive Manufacturers’ Success

March 27, 2024

Via: Industry Today

In the wake of a chaotic few years in the global supply chain, including factors such as geopolitical tensions, trade disputes, and climate change-induced disruptions, manufacturers have recognized supply chain resiliency as vital to their success. What many may not […]


News

Two Manufacturing Projects Will Create Nearly 300 Jobs In Tennessee

March 27, 2024

Via: Business Facilities Magazine

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. […]


Regulations

Department of Energy Unveils $6 Billion in Funding to Reduce Industrial Emissions

March 25, 2024

Via: Alliance for American Manufacturing

The Biden administration announced Monday that it will provide $6 billion in funding to 33 projects across the United States to help “decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, support good-paying union jobs, revitalize industrial communities, and strengthen the […]


News

January 2024 Manufacturing Technology Orders Down 31% From December

March 22, 2024

Via: Quality Magazine

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 […]


Energy, Industry Focus Areas

Treasury Issues New Guidance On Clean Energy Investment

March 22, 2024

Via: Business Facilities Magazine

Today, the U.S. Treasury Department and Internal Revenue Service (IRS) released guidance that provides additional information about the bonus for clean energy projects and facilities under the Inflation Reduction Act (IRA). This bonus is intended to help energy communities harness […]


News

Manufacturing Activity Expands by Most Since June 2022

March 21, 2024

Via: Transport Topics

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 […]


Regulations

Intel Awarded Biggest CHIPS and Science Act Grant to Date

March 20, 2024

Via: Alliance for American Manufacturing

The Commerce Department will award Intel up to $8.5 billion and provide the American company with up to $11 billion in loans through the CHIPS and Science Act fund, President Biden announced on Wednesday during a visit to Intel’s campus […]


News

Suppliers to TSMC and Intel Arizona fabs delay plant construction

March 20, 2024

Via: Electronics Weekly

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 […]


Logistics, Process

Will Mexico Respond as U.S. Ratchets Up the Pressure on Steel Imports?

March 19, 2024

Via: Alliance for American Manufacturing

In December U.S. Sens. Sherrod Brown (D-OH), Tom Cotton (R-AR) and a dozen other colleagues sent a letter to the Biden administration’s national security advisor alleging Mexico, in breach of a trade deal it reached with the United States in […]


Process, R & D

AI Capabilities Your Manufacturing Organization Likely Hasn’t Thought About

March 18, 2024

Via: Manufacturing Tomorrow

Artificial intelligence has certainly taken root in the manufacturing sector as organizations are realizing AI and humans must coexist to function effectively and productively. As AI continues increasing in prominence across the board – with projected growth of 37% until […]


Logistics, Process

Hapag-Lloyd Warns of Further Earnings Decline in 2024

March 14, 2024

Via: Transport Topics

Following a slump in profits in 2023, German container shipping company Hapag-Lloyd expects earnings to decline again in 2024. “We have made a satisfactory start to the current financial year, but the economic and political environment remains volatile and challenging […]


Industry Focus Areas, Logistics, Motorized Vehicle, Process

AAM’s Advice on Chinese Auto Imports: Get Ahead of the Game

March 13, 2024

Via: Alliance for American Manufacturing

China’s Xiaomi to start first EV deliveries this month, reports Reuters, on the smartphone manufacturer’s pivot to electric vehicle production. Tesla’s Chinese rival is launching more cheap EVs, reports Quartz, on the new BYD product that retails in China for […]


Energy, Industry Focus Areas

Treasury Secretary: IRA Led To $650B In Clean Energy Investment

March 13, 2024

Via: Business Facilities Magazine

This week marks the third anniversary of the American Rescue Plan Act of 2021 (ARP), and Secretary of the U.S. Department of the Treasury Janet L. Yellen marked the occasion with a visit to Elizabethtown, KY to tour the new […]


Regulations

United Steelworkers and Other Unions Petition the Biden Administration to Investigate China’s Shipbuilding Practices

March 12, 2024

Via: Alliance for American Manufacturing

The United Steelworkers (USW) joined with several other trade unions on Tuesday to officially file a “Section 301” petition urging the Biden administration to launch an investigation into China’s commercial shipbuilding. USW International President Dave McCall officially unveiled the petition […]


Process, Quality Control

Industry-First Zoom-Enabled Optical 3D Scanner Launched

March 11, 2024

Via: Metrology and Quality News

Hexagon’s Manufacturing Intelligence division has announced the launch of a new type of high-productivity structured light scanner. Built on a completely reengineered platform, the SmartScan VR800 is the first optical 3D scanner on the market with a motorised zoom lens […]


News

Taalas chip ‘opens the way’ to reducing AI cost by 1000x

March 8, 2024

Via: Electronics Weekly

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 […]