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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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Retrieved from The Chemours Co. on March 28, 2024.
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.