Procurement: Page 4
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Ford supplier invests $790M to build 3 Tennessee plants
Magna International will produce key parts for Ford’s second-generation electric truck, and is the first company to join the automaker’s supplier park.
By Sara Samora • July 20, 2023 -
Why diverse sourcing in aerospace manufacturing is harder than it seems
Aviation companies like Boeing boast of impressive minority-owned vendor programs. But suppliers say securing contracts remains a complex and often difficult process.
By Deborah Abrams Kaplan • July 20, 2023 -
Trendline
Top 5 stories from iwinpak
Check out five of our biggest stories of 2024 so far, led by new investment in U.S. manufacturing against a fast-changing landscape.
By iwinpak staff -
Factory upgrades fuel Ford F-150 Lightning price cuts
The automaker said it cut prices on its electric pickup lineup amid lower battery raw material costs and improved production efficiencies.
By Eric Walz • July 19, 2023 -
Are manufacturers ready for nearshoring?
As companies consider ways to diversify their supply chains, iwinpak panelists considered whether partnering business can support the shift.
By Kelly Stroh • July 18, 2023 -
Mersen opens synthetic graphite plant in Tennessee
The advanced materials maker will use the site to manufacture components for markets including solar panels, semiconductors and EVs.
By Megan Ruggles • July 17, 2023 -
Energy Department invests $45M to bolster US solar manufacturing
The funding seeks to help establish a domestic solar supply chain to reduce reliance on imports.
By Megan Ruggles • July 11, 2023 -
Liberation Labs breaks ground on Indiana precision fermentation plant
The biomanufacturing startup said the facility will fill a “pressing need” among food companies for animal-alternative ingredients.
By Megan Ruggles • July 10, 2023 -
Wolfspeed signs $2B supply deal with Japan-based chipmaker
Under the 10-year agreement, Renesas Electronics will receive 150mm and 200mm silicon carbide wafers to power its semiconductors.
By Megan Ruggles • July 7, 2023 -
EPA releases new guidelines on forever chemicals
The framework seeks to prevent harmful PFAS from reaching consumers, as manufacturers begin to phase out their use in stain- and water-resistant textiles.
By Laurel Deppen • July 7, 2023 -
New solar venture to invest up to $1.5B on domestic operation
VSK Energy aims to develop a vertically integrated solar manufacturing operation in the U.S. to help reduce reliance on other countries for key components.
By Megan Ruggles • July 6, 2023 -
Intel revamps its manufacturing business in pursuit of contract chipmaker growth
The segment will operate as a standalone unit, underpinning the semiconductor firm's fledgling foundry business.
By Megan Ruggles • June 28, 2023 -
3M brings in new procurement head
The company hired Kelly Bysouth, former chief supply chain officer at automotive supplier IAC Group, as SVP of strategic sourcing and packaging solutions.
By Ben Unglesbee • June 26, 2023 -
Mazda, Panasonic discuss long-term EV battery deal
If an agreement is reached, Panasonic will manufacture lithium-ion batteries for the automaker in 2025 as it looks to ramp up its electrification plans.
By Eric Walz • June 23, 2023 -
Why automakers are fretting over four words in the Inflation Reduction Act
A prohibition on sourcing material from “foreign entities of concern” is causing apprehension among companies reliant on China, a critical mineral powerhouse.
By Kate Magill • June 16, 2023 -
Aerospace supplier bankruptcy sends warning signal to manufacturers
Incora took on heavy costs, which fueled profit loss as shipment delays in the industry spiraled.
By Ben Unglesbee • June 14, 2023 -
Ford and GM execs have lingering questions about the Inflation Reduction Act
Automakers are anxiously awaiting further federal guidance on how to ensure their vehicles qualify for EV consumer tax credits.
By Kate Magill • June 14, 2023 -
GM signs steel deal with ArcelorMittal North America
The steelmaker will supply the auto company with material produced from at least 70% scrap.
By Kate Magill • June 12, 2023 -
GM invests over $1B to boost EV battery production
The automaker and its joint venture partner POSCO Future M want to increase the production of cathode active material.
By Eric Walz • June 7, 2023 -
Ford inks long-term lithium supply contracts
The automaker announced deals lasting through at least 2034 in three different countries.
By Kelly Stroh • May 30, 2023 -
Solar solutions provider commissions Tennessee tube mill for parts
Nextracker has secured a dedicated production line at MMS Steel Tubes USA’s first U.S. factory for steel torque tubes.
By Megan Ruggles • May 30, 2023 -
Stellantis inks development deal with lithium-sulfur battery maker
Lyten and the EV maker aim to bring the batteries to market by the second half of the decade.
By Kate Magill • May 30, 2023 -
iwinpak
Out of fashion: Apparel manufacturing needs a tech update
Tied to fax machines and Excel spreadsheets, many companies are resistant to change and slow to adapt to new ways of doing business.
By Krishna Thakker • May 15, 2023 -
Sponsored by Fictiv
Bring your products to market faster with a vetted supplier network
Having a vetted, consistent and readily available network of experts and suppliers makes it faster, easier and more efficient to source custom-manufactured parts whenever you need them.
May 15, 2023 -
SK On, Westwater Resources sign graphite supply deal
The agreement is the battery maker’s second graphite supplier partnership announced this year.
By Kate Magill • May 10, 2023 -
General Dynamics calls out supplier Honeywell for late deliveries
Due to the delay in parts, the aerospace and defense giant is unable to increase its build rate until supply is more predictable.
By Kelly Stroh • May 3, 2023