manufacturing News Updates

Bob’s Discount Furniture, a home furnishings retailer backed by Bain Capital, rose 0.1% in its trading debut after the company raised $331 million in a U.S. initial public offering.

The strength in demand reflected a decline in a measure of customer inventories, which contracted by the most since mid-2022. Lean customer stockpiles could boost factory orders and production.

Earnings reports from some large U.S. manufacturers and transportation companies drove home how President Trump’s policies on trade and energy are putting a squeeze on the sector’s profits.

Bourbon maker Jim Beam plans to pause production at its main U.S. distillery for all of 2026 after slumping demand caused an oversupply of whiskey. 

The U.S. Navy is turning to Palantir as part of its effort to speed up submarine production, in a bet that the company’s analytics capabilities can better expose supply chain problems.

The engines will not be exported to the U.S., but it’s unclear which countries they will be sent to, a source told Bloomberg. An announcement is expected as early as this week.

Alcoa said U.S. tariffs on Canadian aluminum cost it $69 million more than the prior quarter, although higher domestic prices for the metal helped offset the hit. 

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.

As Roustan Hockey faces a trade war launched by President Donald Trump, the disruption underscores the broader turmoil that’s left the Canadian economy reeling.

Mexican officials vowed to push back against new tariffs the Trump administration is planning on heavy trucks, yet another hurdle the U.S. is throwing in front of its southern neighbor.