Manufacturing Activity Contracts for a Sixth Straight Month
U.S. manufacturing activity shrank in September for a sixth month, reflecting weak orders and declining employment.
South Accounts for Lion’s Share of Factory Construction Boom
States in the U.S. South are at the forefront of a massive renaissance in construction projects aimed at enhancing manufacturing capacity and supply chain resiliency.
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.
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, 2023