President Joe Biden on Wednesday invoked the Defense Production Act to increase baby formula manufacturing to ease a nationwide shortage caused by the closure of a key plant in Michigan. Biden is requ...
Tag: manufacturing
Democratized. Distributed. Decision-Driven. Welcome To Manufacturers’ New Data Future.
Rather than being powered by leaner processes and lower costs, the driving force behind the … [+] industry’s next stage of operational improvements will be technology. And, especially, the evolu...
How Furniture Brands And Manufacturers Are Coping With Ongoing Supply Chain Strain
Castlery is one furniture retailer looking to work around ongoing supply chain delays. Castlery Supply chains and logistics were thrown into chaos during the pandemic, creating a number of challenges ...
EVgo Misses Estimates. The Beaten-Up Stock Rises Anyway.
Text size Jim Watson/AFP via Getty Images Electric-vehicle charging company EVgo reported first-quarter results that missed Wall Street expectations. Shares were rising anyway. They have been beaten u...
Tesla’s China Sales Take A Pounding As Covid Lockdown Drags On
A driver in PPE moves a new Tesla passenger car from Shanghai off a cargo ship in the port in Yantai in China’s Shandong province on April 25, 2022. Future Publishing via Getty Images Tesla’s El...
Did Nvidia Profit From Crypto Mining? Consider Its Manufacturing Partners’ Stocks; Cryptos Have a Rough Day
“The project never launched, partly because Facebook burned its reputation to the ground selling our data and potentially destabilizing democracy. So regulators worldwide acted on our behalf to ...
Innovative Manufacturing Requires Workers And Machines In Tandem, MIT Professors Say At Symposium
Professor John Hart opening remarks at the Manufacturing at MIT symposium on May 6, 2022. Julie Diop We might be witnessing the dawn of a new industrial era in this decade. Strikingly, it might be des...
White House announces $3.1 billion for U.S. EV battery manufacturing
U.S. President Joe Biden gestures after driving a Hummer EV during a tour at the General Motors ‘Factory ZERO’ electric vehicle assembly plant in Detroit, Michigan, November 17, 2021. Jona...
Blockchain in Manufacturing Market Expected to Hit $17 Billion by 2027
The urge to streamline operations and track assets with unprecedented precision are some of the factors expected to make the blockchain in the global manufacturing market hit $17.047 billion by 2027, ...
Will Manufacturing Ever Become Sustainable? No, But At Least Stop Doing Stupid Stuff That Slows The Regenerative Economy Of The Future
You might have noticed that everyone says they are “sustainable” these days. True statement. You cannot find any company globally that claims to be unsustainable. Every big company has an ESG function...
Boeing Stock Falls. Its New 777X Jet Is Likely to Be Delayed.
Text size A demonstration flight for the Boeing 777X at the 2021 Dubai Airshow. Giuseppe Cacace/AFP via Getty Images Boeing’s newest model twin-aisle jet—the 777X—probably won’t be in service until 20...
This Is What Tesla CEO Elon Musk’s Other Company Is Worth
Text size The Boring Company, Elon Musk’s tunneling company, just raised more capital. Robyn Beck/Getty Images One of Elon Musk’s companies just got more valuable. No, this isn’t about Tesla (ti...
Tesla’s Earnings Crushed Expectations, Setting More Records. The Stock Is Up.
Tesla’s first-quarter profit was far higher than expected. Above, CEO Elon Musk speaks at the opening party for Tesla’s new factory in Texas. SUZANNE CORDEIRO / AFP / Getty Images Text siz...
Waves Of Grain And Fruited Plains The Recipe For Making An American Economic Apple Pie
Farmers driving John Deere tractors fitted with mowers harvest a field of alfalfa, Bakersfield, … [+] California, circa 1950. (Photo by Orville Logan Snider/Frederic Lewis/Archive Photos/Getty I...
Ford Is About to Make a Big Strategic Decision
Ford (F) – Get Ford Motor Company Report wants to go fast. The automotive group does not hide its ambitions to be one of the largest manufacturers of electric vehicles within five years. The c...
Ineos warns high energy costs threaten British manufacturing
Petrochemicals group Ineos has warned that British manufacturing is coming under threat from competing regions such as the US because of its higher energy costs. Britain’s largest privately owned comp...
Manufacturing And Inflation Explained
Consumers see jacked up prices at the gas pump, notice a rising bill for household items, or deal with the reality of an expensive housing market. But they may not understand the additional market for...
General Dynamics Stock: Why It’s Time to Buy
Text size General Dynamics M1 Abrams battle tanks. Krisztian Bocsi/Bloomberg Russia’s war in Ukraine shows no sign of ending, and the news of civilian deaths in places like Kramatorsk, Bucha, and Irpi...
Elon Musk Opens Tesla’s ‘Giga Texas’ That He Says Is The Biggest U.S. Plant
Elon Musk celebrates the opening of Tesla’s Giga Texas plant in Austin. Tesla via YouTube Elon Musk marked the official start of production at Tesla’s new Giga Texas plant in Austin, saying it’s...
EV Battery Firm QuantumScape Stock Is Rising
Text size Car batteries at a factory. STR/AFP via Getty Images Electric-vehicle battery technology company QuantumScape picked up a new rating. It’s lukewarm, but the stock is rising Wednesday. Deutsc...