Honda, LG Energy Form Joint Venture to Make EV Batteries in U.S. August 29, 2022 LG Energy Solution and Honda Motor Co. announced an agreement to establish a joint venture to produce lithium-ion batteries in the U.S. to power Honda and Acura EV models for the North American market.
Reshoring Accelerates in First Half August 31, 2022 Projections from Reshoring Initiative show reshoring gains continuing in the first half of 2022.
Manufacturing Stays Steady in August September 1, 2022 Manufacturing remained on a steady course in August, the Institute for Supply Management said today.
Durable Goods Fall on Transportation August 24, 2022 New orders for durable goods declined slightly in July after orders for transportation equipment slid, the U.S. Commerce Department reported today.
Manufacturing Adds 22,000 Jobs in August September 2, 2022 Manufacturing employment rose by 22,000 jobs in August, mostly in durable goods, the Bureau of Labor Statistics reported today.
Addressing Manufacturing’s Diversity Problem September 23, 2022 Across industries there’s an emphasis on addressing diversity, equity, and inclusion (DEI) in leadership roles. Research shows that greater diversity within an organization improves business performance. Manufacturing, however, lags in gender diversity when compared with other industries.
Metalformers Expect Little Change in Economic Activity September 22, 2022 Metalforming companies continue to expect little change in business conditions during the next three months, the Precision Metalforming Association (PMA) .
Cutting Tool Orders Total $173.2M in July September 16, 2022 July 2022 U.S. cutting tool consumption totaled $173.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
GM to Invest $491M at Indiana Stamping Plant September 16, 2022 General Motors Co. said it will invest $491 million at its Marion, Ind., metal stamping operations to prepare the facility to produce a variety of steel and aluminum stamped parts for future products, including electric vehicles.
IMTS Returns After a Four-Year Hiatus September 12, 2022 The International Manufacturing Technology Show set up shop today after a four-year break stemming from the COVID-19 pandemic.
