Landmark Ceramics to Invest $72 Million in Tennessee Logistics Hub
Landmark Ceramics will invest $72 million to expand its tile production near Nashville, Tenn., by creating a new logistics hub with advanced technology to enhance distribution operations.
Manufacturing Activity Expands by Most Since June 2022
U.S. manufacturing activity expanded by the most since mid-2022 as production and factory employment growth accelerated along with measures of inflation.
TSMC to Win More Than $5 Billion in Grants for US Chip Plant
Taiwan Semiconductor Manufacturing Co. is set to win more than $5 billion in federal grants to support a chipmaking project in Arizona, according to people familiar with the matter.
Self-Driving Firm Recogni Nabs $102 Million to Make AI Chip
Recogni Inc., an artificial intelligence startup that builds tech for autonomous vehicles, has raised $102 million in funding after expanding into designing chips for generative AI.
US Factory Gauge Climbs to Highest Since 2022
A measure of U.S. factory activity climbed to a 15-month high in January, fueled by the strongest orders growth since May 2022 and suggesting manufacturing is starting to stabilize.
US Factory Activity Shrinks for 14th Straight Month
A measure of U.S. factory activity remained stuck in contraction territory for a 14th straight month at the end of 2023, restrained by weaker orders.
New York Commits $1 Billion to Albany Chip Development
New York will spend $1 billion to expand research into chip technology in Albany, hoping to make the region a center of chip research and manufacturing, Gov. Kathy Hochul announced Dec. 11.
Survey Finds EVs Less Reliable, on Average, Than Gas-Powered
Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports.
Trailer OEMs Work to Keep Up With Supply, Labor Demands
Trailer manufacturers are whittling down pandemic-related backlog, but some #supplychain headwinds persist. Steve Brawner has the details. #equipment #manufacturing
October 4, 2023Trailer OEMs Work to Keep Up With Supply, Labor Demands
Trailer manufacturers are “eating backlog” now that market demand has normalized and supply chain disruptions have abated after the pandemic. But some components are still in short supply.