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Spirit AeroSystems names new CFO
The Boeing supplier tapped former Time Warner Cable CFO Irene Esteves as its new finance chief, following Mark Suchinski’s resignation.
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Integrated DNA Technologies opens Iowa biomanufacturing site
The Coralville plant doubles the company’s synthetic biology footprint with plans for production expansion.
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Hyundai supplier site illegally jointly employed a 13-year-old: DOL
In a statement, the automaker said the agency used “an unprecedented legal theory” to hold it accountable for the actions of its suppliers.
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Chemours pauses production in Mexico amid drought
The chemical company is one of multiple manufacturers in Tamaulipas pausing operations in as the state contends with a water shortage.
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Diehl Aviation to build aerospace components facility in Mexico
The production facility in Querétaro will be located next to other major aircraft manufacturers nearby like Airbus and Bombardier.
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High interest rates are stalling manufacturing growth: May PMI
With the Federal Reserve unlikely to cut rates this summer, manufacturers aren't keen to invest in new orders or capacity.
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US finds labor rights denial at Volkswagen plant in Mexico
Trade and labor officials found employees were denied freedom of association and collective bargaining rights after a recent union election.
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Boeing ratifies new contract with firefighter union
The deal with the International Association of Fire Fighters union comes amid Boeing's ongoing contract negotiations with its machinists union.
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CoreFX Ingredients acquires oil maker Connoils
The ingredients supplier is preparing to expand its R&D efforts and customer reach with the addition to its portfolio.
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Caterpillar to pay $800K discrimination settlement
The Department of Labor found the manufacturer discriminated against 60 Black applicants at its Decatur, Illinois, factory.
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Niacet Specialty Chemicals to expand New York facility
The Niagara Falls plant will produce a critical substance for chip manufacturers' supply chain.
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Kenya could be first African country to receive CHIPS funding
The U.S. is proposing $1 million in funds to grow Kenya's semiconductor industry and workforce.
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PPG to build $225M OEM paint and coating facility in Tennessee
The Loudon, Tennessee, facility is part of the company’s $300 million investment to expand its manufacturing presence in North America as automaker demand grows.
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Campbell Soup consolidates manufacturing footprint, lays off 415 workers
The soup and snacks maker also said it would invest $230 million in newer, more agile facilities as part of improvements to its supply chain.
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Absolics to receive $75M in CHIPS funding
The glass substrate manufacturer will use the money to build a semiconductor facility in Covington, Georgia.
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UAW challenges outcome of Mercedes-Benz vote
The union claims the automaker interfered with the election by discriminating against Alabama plant workers who supported unionization.
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Nvidia CEO promises to deliver ‘a mound of chips’ as AI development speeds ahead
Cloud providers are “consuming every single chip that’s out there,” Jensen Huang told investors. “We’re racing every single day.”
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HNI to shutter North Carolina textile plant, lay off 221
The furnishing and textile maker is trying to cut millions in costs after its acquisition of Kimball International last year.
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How manufacturers are reskilling factory workers for AI adoption
Companies are leveraging the metaverse and augmented reality to train workers to use artificial intelligence for assembly and maintenance tasks.
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Lilly to pour $5B more into expanding Zepbound, Mounjaro production
The planned construction in Lebanon, Indiana, brings the total investment to $9 billion, the company's largest single commitment in its history.
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Bridor to build $220M Utah pastry facility
The facility will be the company's third in the U.S. as it plans further North American market expansion.
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Solar manufacturers clash over antidumping petition
First Solar, Hanwha QCells and others say Chinese export practices threaten the U.S., but others claim the petition could hurt the future of the domestic solar supply chain.
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DuPont to separate electronics, water, materials science businesses
The chemical-making giant will continue to pursue growth in semiconductors, filtration systems and materials science across three separate entities.
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Applied Materials scales AI chips as revenue stagnates
The semiconductor manufacturer is hoping its advanced gate-all-around chip design will help double its revenue to $5 billion in 2025.
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Retrieved from Land O'Frost on May 22, 2024
Land O’Frost to close Illinois plant, lay off 215 workers
The plant produced the company’s DaBecca Natural Foods brand, and will shift production to other facilities in its national network.
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