Dive Brief: Agribusiness giant Cargill is slashing 5% of its global workforce in an effort to streamline operations after reporting a rare decline in profits earlier this year. The job cuts will affe

2024-12-04

Dive Brief: Semiconductor company Analog Devices is investing billions of dollars in its hybrid manufacturing model to raise its factory utilizations rates, according to its Q4 earnings call.  The co

2024-12-04

Last month, President-elect Donald Trump named Tom Homan, former acting head of Immigration and Customs Enforcement, as his “border czar.” Homan has promised that the incoming administration will incr

2024-12-04

When it comes to U.S. automotive manufacturing, one state inevitably springs to mind: Michigan. But as the industry races toward an electric future, Michigan faces competition from the Southeast’s bu

2024-12-03

BMW Group’s long-term effort to build out its U.S. manufacturing footprint over the past three decades could help protect it from many geopolitical shifts and tariffs, CEO Oliver Zipse said during the

2024-12-02

Pat Gelsinger retired and stepped down as Intel’s CEO on Sunday, according to a Dec. 2 press release. The company named Intel CFO and EVP David Zinsner and Intel Products CEO Michelle Johnston Holthau

2024-12-02

Dive Brief: Mitsubishi Electric Power Products, the U.S. subsidiary of Mitsubishi Electric, is investing $86 million in advanced switchgear production and power electronics in the U.S., the company a

2024-12-02

Manufacturers' showed renewed confidence in the industry's trajectory in November, with companies hiring additional staff, according to S&P Global's U.S. Manufacturing Purchasing Managers' Index. 

2024-12-02

Dive Brief: Ferrero Hazelnut Company, a division of sweets maker Ferrero Group, made a $350,000 investment to strengthen hazelnut production in the U.S., according to a Nov. 14 press release. The inv

2024-12-02

Rivian Automotive has received a conditional $6.6 billion loan commitment from the Department of Energy, which will aid the company to get its stalled electric vehicle factory project in Georgia back

2024-11-27

Dive Brief: Battery maker Lyten plans to acquire Cuberg’s lithium-metal battery manufacturing facility in San Leandro, California, to expand its lithium-sulfur battery production, according to a Nov.

2024-11-27

Dive Brief: e-Storage’s subsidiary Shelbyville Battery Manufacturing is investing approximately $712 million to establish a 6-gigawatt-hour battery cell, module and packaging manufacturing facility i

2024-11-27