Dive Brief: WK Kellogg Co CEO Gary Pilnick told investors on its most recent quarterly earnings call the cereal producer’s potential for long term growth hinges on efforts to improve its manufacturin
2024-11-21
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Dive Brief: WK Kellogg Co CEO Gary Pilnick told investors on its most recent quarterly earnings call the cereal producer’s potential for long term growth hinges on efforts to improve its manufacturin
2024-11-21
Dive Brief: Spirit AeroSystems is selling its composite materials and components subsidiary Fiber Materials Inc. to specialty textile manufacturer Tex-Tech for $165 million, the Boeing supplier annou
2024-11-21
Dive Brief: Thermo Fisher Scientific is eliminating 160 jobs as part of changes to its viral vector production network, the company said in a Worker Adjustment and Retraining Notification (WARN) fili
2024-11-21
Dive Brief: First Solar’s revenue declined 10.8% in Q3 down to $887 million, driven by temporary manufacturing issues with some module cells and several terminated contracts, according to a Q3 earnin
2024-11-20
Donald Trump plans to nominate Wall Street billionaire Howard Lutnick to lead the Department of Commerce, the president-elect announced in a Truth Social post Tuesday. The CEO of investment bank Cant
2024-11-20
Stellantis is laying off roughly 400 workers at a Michigan-based material logistics facility that services the automaker’s Detroit Assembly Complex plants, according to an emailed statement to sister
2024-11-20
Boeing will cut 2,199 workers in Washington beginning Dec. 20, according to a Worker Adjustment and Retraining Notification Act. Meanwhile, Boeing sites in Oregon, Colorado, South Carolina, Pennsylvan
2024-11-20
Dive Brief: Automotive tire maker Sumitomo Rubber USA is closing its manufacturing plant in Tonawanda, New York, in February 2025, laying off 1,380 workers, according to a Worker Adjustment and Retra
2024-11-19
Dive Brief: The Department of Commerce is investing $285 million in the technology consortium Semiconductor Research Corp. to create the first CHIPS Manufacturing USA institute in Durham, North Carol
2024-11-19
Dive Brief: Despite his close relationship with Tesla CEO Elon Musk, President-elect Donald Trump’s plan to raise tariffs on imported battery materials could chill near-term energy storage deployment
2024-11-18
Dive Brief: Battery separator manufacturer Microporous plans to build a $1.4 billion plant in Danville, Virginia, according to a Nov. 13 press release. The plant will produce separators for lithium-i
2024-11-18
Dive Brief: J.M. Smucker Co. opened a 900,000-square-foot Uncrustables sandwich manufacturing facility in McCalla, Alabama, the company announced on Nov. 7. The facility will increase the company's c
2024-11-18