Manufacturing

White House invests $285M in first CHIPS Manufacturing USA Institute | Manufacturing Dive

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

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Potential Trump policies pose risks for US storage sector, analysts say | Manufacturing Dive

2024-11-18

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

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Microporous to build $1.4B Virginia battery separator plant | Manufacturing Dive

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

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JM Smucker opens Uncrustables facility in Alabama | Manufacturing Dive

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

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Costco's Golden Opportunity: How The Retail Giant Captured The Bullion Market

2024-10-20

Gold has transformed into a lucrative revenue stream for Costco, where sales of the precious metal have surged to unprecedented levels, hitting an estimated $200 million per month. This remarkable gro

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Jamie Dimon Champions Artificial Intelligence As A Major Game-Changer

2024-10-09

In his annual letter to shareholders, Jamie Dimon, the seasoned CEO and chairman of JPMorgan Chase, emphasized his conviction regarding the transformative potential of artificial intelligence (AI). Di

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ECB Can Start Cuts Before Fed, Says Finnish Bank Governor

2024-05-22

The European Central Bank did not have to take its cues from the US Federal Reserve and could start to lower rates as soon as June, Bank of Finland governor Olli Rehn told AFP."While we don't make pol

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Micron lands $6.2B in CHIPS funding | Manufacturing Dive

2024-04-25

UPDATE: Dec. 10, 2024: Micron Technology finalized its CHIPS funding on Tuesday, with the award up slightly to $6.2 billion for its two fabs in New York and Idaho, the Commerce Department announced Th

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Intel finalizes $7.9B CHIPS funding award | Manufacturing Dive

2024-03-20

UPDATE Nov. 26, 2024: The White House finalized Intel’s CHIPS and Science Act funding on Tuesday, decreasing the amount awarded to $7.86 billion, down from the original $8.5 billion proposed in March.

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HSBC To Offload Argentina Business, Absorbs $1 Billion Loss on Exit Deal

2024-03-04

HSBC Holdings plc, Europe's largest bank by market value, announced Tuesday its decision to sell its business in Argentina to Grupo Financiero Galicia, the largest private financial group in the count

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GlobalFoundries, DOC finalize $1.5B funding award | Manufacturing Dive

2024-02-20

UPDATE Nov. 20, 2024: The Biden-Harris administration finalized GlobalFoundries' $1.5 billion funding award on Wednesday. The federal funds aim to support the company’s $13 billion investment over the

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Pioneering the Future of Civil Engineering: Su Yaling Wins 2022 Global Innovation Contribution Award for Engineering

2022-09-01

On August, 2022, civil engineer and innovation advocate Su Yaling was honored with the 2022 Global Innovation Contribution Award for Engineering. Her award-winning development, the "Intelligent C

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