Manufacturers News Updates

The Institute for Supply Management’s manufacturing index eased half a point to 48.2, according to data released Dec. 1. The measure has been below 50 for nine straight months.

Prime Minister Mark Carney’s government will lower the tariff-rate quota level for steel imports from countries with which Canada doesn’t have a trade agreement to 20% from 50%.

The foundry achieved a first Nov. 20, pouring its first iron as a stand-alone commercial vehicle brake drum manufacturing plant. Brake drums were soon rolling off the production line.

Manufacturers are telling the Canadian government to take inspiration from Donald Trump’s tax cuts to help businesses remain competitive as they face cost pressures and uncertainty.

The remanufacturing facilities’ output constitutes more than 25 different product lines, from engines and transmissions to coolant pumps and NOx sensors.

Optimism is growing at truck maker Paccar about order levels and demand for new tractors in the second half of 2025 and in 2026, said CEO Preston Feight.

Donald Trump’s 50% tariffs on U.S. copper imports is just weeks away, and there are already signs that demand for the metal is drying up from Texas to New Jersey.

Senate Republicans intend to propose revised tax and health care provisions to President Donald Trump’s $3 trillion signature economic package, shrugging off criticism by Elon Musk.

Procter & Gamble will cut up to 7,000 jobs over the next two years as the maker of Tide and Pampers wrestles with tariff-related costs and customers who have grown anxious about the economy.

Specific to trade, the agenda directs the U.S. Trade Representative to “chart a new course for any trade agreements to ensure they help raise wages and grow our industrial base.”