
Dive Brief:
General Motors has entered into a non-binding agreement to sell its stake in the Ultium Cells electric vehicle battery cell plant in Lansing, Michigan, to its joint venture partner LG En
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Dive Brief:
Honeywell International is selling its personal protective equipment business for $1.3 billion to Protective Industrial Products, a portfolio under private equity firm Odyssey Investment
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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
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Analog Devices leans into hybrid manufacturing model to raise utilization rates | Manufacturing Dive
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
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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
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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
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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
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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
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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
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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.
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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
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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
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