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DoE Announces $2.5 Billion Loan for Battery Plants

The U.S. Department of Energy today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.

Mazak Expands Kentucky Manufacturing Campus

To support the production of yet another new Kentucky-designed and built line of machine tools, Mazak has expanded its Florence manufacturing campus with the addition of a new SYNCREX assembly plant.

Machine Tool Orders Decline in October

Machine tool orders fell in October on both a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.

ABB Opens Center in Mexico

ABB has established a new regional operations center for North America, bringing technology expertise closer to customers and building on its similar resources globally. An initial $1 million investment has been made for the new Mexico Technology and Engineering Center (MXTEC) in the city of Merida, Yucatan.

How to Mitigate Burnout in Manufacturing

Employee burnout in the manufacturing industry was twice the level of any other sector during the pandemic, according to a recent survey by LinkedIn’s Glint subsidiary.