manufacturing
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Heinz Wattie’s Proposes Factory Closures, 350 Jobs At Risk
Iconic New Zealand food manufacturer Heinz Wattie’s has proposed closing three factories and ending frozen vegetable production, citing difficult market conditions.
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Gibraltar Industries Reports 2025 Net Loss, Beats Q4 Estimates
Gibraltar Industries reported a $44.4 million net loss for 2025, driven by discontinued operations. Gibraltar Industries, Inc.
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CertainTeed Doubles Georgia Shingle Capacity Amid Housing Boom
CertainTeed Roofing completed a $100 million expansion at its Peachtree City, Georgia, plant, doubling shingle production to meet surging Southeast.
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India’s 2026 Budget Presented on Sunday, Auto Sector Eyes Green Future
India’s Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27, making it the first Sunday presentation in the nation’s fiscal history. The budget is keenly watched for its direction on electric mobility, manufacturing, and broader economic stability, with the automotive…
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Micron Breaks Ground on Major Singapore Fab for AI-Driven Demand
Micron Technology has begun construction on an advanced wafer fabrication facility in Singapore, a US $24 billion investment over 10 years, to meet escalating global demand for memory and storage driven by AI.
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Canada’s Auto Industry Raises Alarm Over New Chinese EV Import Deal
Prime Minister Mark Carney’s government has announced a new strategic partnership with China, allowing 49,000 Chinese electric vehicles (EVs) into Canada annually at a reduced 6.1% tariff, sparking significant frustration and concern within the Canadian auto sector over jobs, investment,…
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Grangemouth Saved: UK Government’s £150m Lifeline Secures Jobs, Industry and Future for Scotland’s Last Ethylene Plant
The UK government has pledged £150 million to rescue the Grangemouth chemical plant, safeguarding over 500 jobs and ensuring the survival of Britain’s last ethylene facility. This intervention is seen as a strategic move to protect national security, modernize manufacturing,…
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Jeff Bezos Returns as Co-CEO: Project Prometheus Aims to Revolutionize AI for the Physical Economy
Jeff Bezos, Amazon’s founder, steps back into operational leadership as co-CEO of Project Prometheus, an AI startup targeting engineering and manufacturing sectors with a $6.2 billion backing.
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China’s Changan Announces Plans for European Manufacturing Facility
Chinese automaker Changan is planning to establish a manufacturing facility in Europe to support its growing presence in the region, aiming to cater to increasing EV sales.
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U.S. Job Market Slows Amid Intensified Trade War
The U.S. job market saw a slight slowdown in April as President Trump’s trade war escalated, impacting economic growth and manufacturing.
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Apple Faces $900M Cost Increase Amid Trump Tariffs, Says Tim Cook
Apple CEO Tim Cook reveals $900M cost impact from Trump tariffs, plans to diversify manufacturing to India and Vietnam to mitigate risks.
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Laser Photonics Conquers Space Market with Rocket Lab Deal: MarkStar Pro Technology Ushers in New Era
Laser Photonics secures new order from Rocket Lab USA, expanding its reach in the space market. MarkStar Pro technology to revolutionize space component traceability.