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BE&K to build $4.1B Novo Nordisk facility in North Carolina
The project will boost the drugmaker’s production of the diabetes medication Ozempic and encompass 1.4 million square feet across 10 buildings.
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White House to open $1.6B CHIPS-funded R&D competition
Winners will receive awards of up to $150 million to improve domestic semiconductors’ system performance and function through advanced packaging.
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3M CFO to resign at month’s end
Monish Patolawala is leaving to begin his post as the CFO and EVP at food and beverage manufacturer ADM on Aug. 1.
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FTC noncompete ban partially blocked by Texas judge
Judge Ada Brown held that the agency violated the Administrative Procedural Act and exceeded its statutory authority.
Updated July 12, 2024 -
Quality control at Boeing
Boeing deliveries improve but remain sluggish
The aircraft maker delivered only 92 commercial aircraft as the Federal Aviation Administration continues its monthly 38 production cap.
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UniQure outsources Hemgenix manufacturing operations
The gene therapy developer plans to sell its Lexington, Massachusetts, facility to Genezen, a contract manufacturer that specializes in viral vector production.
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Novo to spend $4B on US plant, adding to obesity drug production push
The planned facility in North Carolina is Novo’s latest multibillion-dollar investment in the manufacturing of weight loss drugs, demand for which continues to outstrip supply.
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NorSun to invest $620M in first US solar facility
The Norway-based company will work with Silfab Solar to supply the manufacturing plant in Tulsa, Oklahoma.
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Enso to build $500M carbon-neutral EV tire factory
The London-based startup aims to phase out fossil fuel-based raw materials from its tires by 2030.
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BMW expands South Carolina plant operations
The automaker opened a $200 million press shop at its Spartanburg facility ahead of its X3 SUV launch.
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Quality control at Boeing
Boeing will plead guilty to defrauding FAA
The aircraft maker accepted the Department of Justice’s agreement as crash victim families vehemently oppose it, calling it a “sweetheart deal.”
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Manufacturing costs to watch in the second half of 2024
Uncertainty in the economy is causing manufacturers to tighten their belts, as logistics and supply costs remain vulnerable.
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WestRock breaks ground on corrugated box ‘superplant’ in Wisconsin
The "highly automated" Pleasant Prairie facility is one of the packaging maker's largest investments and strategically located to serve the Midwest.
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American Giant, Walmart launch US-made July 4 T-shirts
The retail giant is partnering with the 100% American-made apparel manufacturer to sell in 1,700 stores across the country.
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OSHA proposes rule to protect workers from extreme heat
The standard would require employers to provide water and rest breaks when high heat creates a hazardous work environment indoors or outdoors.
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Chemours resumes production at Mexico plant
The chemical maker resumed titanium dioxide production at its Altamira facility after Tropical Storm Alberto brought relief amid the country’s ongoing drought.
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Opinion
Understanding the impact of maintenance and reliability on ROI
Manufacturers should use data and clear KPI metrics to help maintain optimal overall equipment effectiveness, writes ABS Consulting’s Tim Gilmer.
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Rogue Valley Microdevices receives $6.7M in CHIPS funding
The federal investment will nearly triple the company’s manufacturing capacity and support its Palm Bay, Florida, facility.
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Agco to lay off 6% of workforce, citing ‘weakening demand’
The farm equipment maker expects to cut its salaried workforce signicantly just days after disclosing some production in Kansas will move to Mexico.
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Boeing to acquire Spirit AeroSystems for $4.7B
The aircraft component supplier will also sell production assets to customer Airbus for $559 million.
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Manufacturing is ‘stuck’: June PMI
Caution continues to run through the industry as manufacturers hesitate to spend on labor and production with interest rates still high.
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3 adjustments to make for the DOL overtime rule
The new rule is set to go into effect today, raising the minimum salary threshold to $43,888. Here's how to ensure you're compliant.
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SCOTUS overturns Chevron doctrine, limiting federal agency reach
Federal courts will no longer have to defer to agency regulations for interpretation of ambiguous statutes.
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1 year later: Strides and hiccups for the cultivated meat industry
Two chicken products were approved for sale in the U.S. last June, but factory-grown meat products are still facing headwinds like access to capital.
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GE Aerospace, NASA, team up on hybrid electric airplane engine
The engine maker and federal agency are modifying GE's Passport engine with hybrid components to create electric aircraft engines for commercial aviation.