DoE Announces $2.5 Billion Loan for Battery Plants December 12, 2022 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.
Building on Success, Planning for the Future December 22, 2022 For SME and Manufacturing Engineering (ME), 2022 has proven to be consequential.
Mazak Expands Kentucky Manufacturing Campus December 13, 2022 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.
In-Place Machining Acquires East Coast Metrology December 15, 2022 In-Place Machining Co. said it has acquired East Coast Metrology LLC.
Machine Tool Orders Decline in October December 12, 2022 Machine tool orders fell in October on both a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.
America Makes Announces Project Call Award Winners January 6, 2023 America Makes announced the winners of two recent project calls.
Auto Industry to Confront Challenges in 2023 January 11, 2023 The auto industry will confront various challenges this year as automakers expand investment in electric vehicles and move on from the COVID-19 pandemic, speakers at a Federal Reserve Bank of Chicago conference said today.
Manufacturing Contraction Extends for a Second Month January 4, 2023 The U.S. manufacturing economy contracted for a second straight month, the Institute for Supply Management said today.
Shyft Group Completes XL Fleet Acquisition January 4, 2023 Shyft Group Inc. said it completed its acquisition of XL Fleet.
Manufacturing Adds 8,000 Jobs in December January 6, 2023 Manufacturing employment rose by 8,000 jobs in December, with gains in durable goods but losses in non-durable goods.