Stories Tagged: manufacturing

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Singapore's Economic Growth Forecast Upgraded Amid Global Challenges

As of November 22, 2024, Singapore has upgraded its economic growth forecast for 2024 to around... (95 revisions)

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Congress Moves to Block 45X Tax Credit Amidst Bipartisan Concerns

In a significant development, Congressmen John Moolenaar (R-MI) and Jared Golden (D-ME)... (20 revisions)

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Vietnam's Textile Industry Faces Challenges Amid Growing Exports

As of November 2024, Vietnam's textile and garment export turnover is projected to reach $44... (20 revisions)

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San Diego's Economic Landscape: Manufacturing Growth vs. Stagnant Wages

San Diego's manufacturing sector has emerged as a significant economic force, boasting an... (27 revisions)

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Advancements in Cutting Equipment, Welding Machinery, and Seam Welding Machine Markets

The CNC Router market, the Plasma Cutters market, and the Cutting Equipment market are all... (1 revisions)

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Driving Economic Growth: The Interlinkages Between the Lubricant Industry and India's Manufacturing Sector

Vipin Rana, CEO of ExxonMobil Lubricants India, discusses the interlinkages between the... (1 revisions)

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Topeka Leaders Unveil Economic Development Projects and Plans

Topeka leaders have recently shared details about several potential development projects in the... (1 revisions)

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Canadian Manufacturing Technology Show and ATA Management Conference & Exhibition Highlight Advancements in Manufacturing and Trucking Industries

The 2023 edition of the Canadian Manufacturing Technology Show (CMTS) took place at the Toronto... (2 revisions)

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Lancaster County: A Gold Mine of Economic Opportunities in South Carolina's Charlotte Metro

Lancaster County, located in South Carolina and part of the Charlotte metropolitan area, offers... (2 revisions)

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Planatome Secures Funding and Advances in Surgical Blade Technology

Planatome, a medical device company, has successfully closed a $5 million Series A equity... (2 revisions)

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ADSS Global Canada Celebrates 20th Year as Leading Sage 300 ERP Consultant

Sage, a software company, has successfully transitioned its legacy business to the cloud,... (2 revisions)

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Chemours Washington Works Expands Teflon Production Amid Job Growth

In a significant development for the semiconductor industry, U.S. Senator Joe Manchin celebrated... (2 revisions)

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City of Broken Arrow Recognizes Manufacturing Sector's Contribution to the Economy

Mayor Debra Wimpee and the City Council of Broken Arrow have declared October as Manufacturing... (3 revisions)

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Blytheville Ranks as Arkansas's Top Micropolitan Area in 2024

Blytheville has been recognized as the top micropolitan area in Arkansas according to Heartland... (3 revisions)

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SugarCRM and Google Cloud's Konnect Manufacturing 3.0 Revolutionize Manufacturing with AI

SugarCRM, a leading CRM platform, is leveraging its platform capabilities and AI approach to... (3 revisions)

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Energy Trials in the UK and Manufacturing Investments in Energy Management

In the UK, energy supplier EDF is partnering with designers from Loughborough University to... (3 revisions)

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Flexopack USA's New Facility: A $500K Investment to Boost Pennsylvania's Economy

On October 6, 2024, Governor Josh Shapiro announced a transformative $500,000 investment for... (4 revisions)

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EPL America Inc. to Expand Manufacturing Facility in Danville, Virginia

EPL America Inc., formerly known as Essel Propack, is planning to invest $37.4 million to expand... (4 revisions)

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Chism Machine and Gage Expands Operations in Somerset, Kentucky; Play Mart Breaks Ground on $3 Million Expansion

Chism Machine and Gage, a Kentucky-based automation company, is expanding its operations in... (5 revisions)

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China's Excess Capacity and Over-Investment Cause Deflation Tsunami

China's economy is facing a 'vicious loop' that could lead to financial chaos, according to... (5 revisions)

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Space Forge Inc. Expands Operations to Florida's Space Coast

Space Forge Inc. has officially opened a new office on Florida's Space Coast, strategically... (5 revisions)

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Springfield and Pittsfield: Two New England Towns Experience Economic Revival Through Tech and Manufacturing

Once known for its machine tool industry, Springfield's economy has undergone a significant... (5 revisions)

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China's E-Bikes: A Double-Edged Sword for Global Markets

China's e-bikes are rapidly gaining popularity among consumers for their affordability and... (6 revisions)

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Bowlus, a High-End RV Company, Thrives Amidst the COVID-19 Pandemic

The luxury RV market has seen a decline in sales during the COVID-19 pandemic, but Bowlus, a... (6 revisions)

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Nearshoring: A Strategic Shift in Global Manufacturing

The tech job market in the Bay Area is experiencing a shift as layoffs continue to affect major... (6 revisions)

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NAM Urges EPA to Reassess Formaldehyde Standards Amid Manufacturing Concerns

Local businesses in southwestern Maine are voicing concern about government overreach by the... (7 revisions)

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PSU Stocks in India: Potential Surge in Banking Fortunes

The Indian economy has shown resilience despite political concerns [78bc5c3f]. Indian stock... (7 revisions)

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The Economic Impact of the Eurofighter Typhoon Program in Germany, Italy, Spain, and the UK

German factory orders rebounded partially in August, a sign that the country’s crucial... (7 revisions)

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Addressing China's Pollution as an Economic Threat: A Path to American Independence

China's expanding influence poses a threat to America's economic stability and national... (8 revisions)

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CATL Chairman Critiques Elon Musk's 4680 Battery Technology Amidst Industry Rivalry

In a recent statement, Robin Zeng, chairman of Contemporary Amperex Technology Co. (CATL),... (8 revisions)

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Georgia's Economy Booms Under Biden, Governor Criticizes Subsidies

The economic outlook for Georgia businesses and consumers in 2024 is more positive than... (8 revisions)

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Mack Trucks Expands Roanoke County Manufacturing Operation, Creating Jobs

The Roanoke region of Virginia continues to experience economic growth with the expansion of... (8 revisions)

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US Navy Faces Growing Concerns Over Shipbuilding Skills and Labor Shortage

The U.S. shipbuilding industry is grappling with a critical crisis, having collapsed over the... (8 revisions)

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Increased Interest in Investment Opportunities in Paraguay and Mexico

Since the beginning of the current government, around 560 companies have shown interest in... (8 revisions)

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Dow Inc. Expands Operations in China Amid Growing Trade Relations

In a significant move reflecting its commitment to the Chinese market, Dow Inc. is set to 'move... (8 revisions)

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Nigerian Firm Partners with Foreign OEMs to Establish Local Drone Assembly and Production Line, Revolutionizing Aerial Imagery with DJI Mavic 3 Enterprise

An indigenous Nigerian firm, Elites Group of Companies, has partnered with foreign Original... (9 revisions)

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Bangladesh's Path to Economic Development Through Sustainable Design Education

Establishing a School of Sustainable Design and Technology (SDT) in Bangladesh is essential for... (9 revisions)

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Signs of Hope for the German Economy as Cyclical Upswing Begins

German factory orders rebounded partially in August, a sign that the country’s crucial... (9 revisions)

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Senator Grassley Commends Iowa Equipment Manufacturers at Vermeer's Pella Plant

U.S. Senator Chuck Grassley of Iowa delivered remarks at Vermeer Manufacturing in Pella, Iowa,... (10 revisions)

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American Brands Shift Production from China to India: Is India the Future?

The manufacturing landscape is witnessing a shift as American brands are increasingly looking to... (11 revisions)

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CDK Cyberattack Impacts US Auto Sales and Economy

New vehicle sales in the United States are projected to fall in June from a year ago, hurt by... (11 revisions)

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Tupperware Files for Bankruptcy Amidst Business Struggles and Factory Closures

Tupperware, once a staple in American kitchens, has filed for bankruptcy on September 18, 2024,... (12 revisions)

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Remembering Tom Donohue: A Legacy of Leadership and Economic Advocacy

On October 14, 2024, Tom Donohue, the former president and CEO of the U.S. Chamber of Commerce,... (12 revisions)

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One Click LCA Acquires Buildrz to Enhance Sustainability Software Platform for Construction and Manufacturing

One Click LCA, a Helsinki-based life-cycle assessment software company, has acquired Buildrz, a... (12 revisions)

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Senator Joe Manchin's Income from Coal Business Declines

Four West Virginia school districts have recently introduced all-electric school buses,... (13 revisions)

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Trump's Economic Agenda: Implications for Business and Investment

At the Fortune Global Forum held in New York City on November 11, 2024, key business leaders... (13 revisions)

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How Are Geopolitical Tensions Shaping SpaceX's Supply Chain?

Australia's telecommunications network is increasingly reliant on SpaceX's Starlink, with over... (13 revisions)

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How Twin Port Shutdowns Threaten Canada's Economic Stability

Ongoing labor disruptions at Canada's two largest ports, Vancouver and Montreal, are raising... (13 revisions)

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Johnson Truck Bodies Expands Operations with New Plant in Rice Lake

Johnson Truck Bodies (JTB) has announced plans to construct a new state-of-the-art manufacturing... (13 revisions)

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Germany's Economic Struggles Deepen Amid Political Unrest

Germany is grappling with significant economic challenges as it heads toward crucial state... (13 revisions)

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Nagpur's Explosives Market Thrives Amid Global Conflicts

As global economies face downturns due to ongoing conflicts, Nagpur's explosives market is... (13 revisions)

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Forterro Acquires Prodaso to Enhance ERP Solutions with AI for Manufacturing

Forterro, a European provider of ERP software solutions, has acquired German start-up Prodaso,... (14 revisions)

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Exploding Pagers Highlight Supply Chain Vulnerabilities and Reshoring Trends

Recent events have underscored the vulnerabilities present in global supply chains, particularly... (14 revisions)

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US Manufacturing Sector Faces Continued Decline in Orders

In October 2024, manufacturing activity in New York state fell back into contraction, as... (14 revisions)

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Connecticut's Manufacturing Support Programs: A Shift in Focus

Connecticut's Manufacturing Assistance Act (MAA), created in the early 1990s, was initially... (17 revisions)

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U.S. Services Sector Reaches Highest Growth Since Mid-2022

The U.S. services sector has continued its expansion, reaching its highest level since mid-2022.... (17 revisions)

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How Can Immigration Reform Boost Utah's Construction Industry?

In Utah, construction companies are facing significant challenges due to a shortage of workers,... (18 revisions)

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Hanesbrands Inc. Partners with Wipro to Accelerate Digital Transformation

Wipro Infrastructure Engineering (WIN), a division of Wipro Enterprises, aims to achieve $1... (18 revisions)

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Are Growth Economies Outpacing Legacy Economies?

In recent years, the economic landscape has shifted dramatically, with growth economies... (19 revisions)

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CorePower Magnetics Receives Federal Grant to Scale Up Manufacturing

CorePower Magnetics, a Pittsburgh-based company, has received a federal grant from the U.S.... (20 revisions)

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Vietnam-based Boviet Solar Chooses Pitt County for First US Manufacturing Site

A Vietnam-based solar technology company, Boviet Solar Technology, has selected Greenville, in... (20 revisions)

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Harris Highlights Semiconductor Jobs in Michigan Amid Trump Critique

On October 28, 2024, Vice President Kamala Harris visited Hemlock Semiconductor in Saginaw... (21 revisions)

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Augmentus Opens First Experience Centre in Texas to Expand Presence in Metal Fabrication and Manufacturing Industry

Tech company Augmentus, a leader in AI and robotic solutions for surface finishing and welding,... (22 revisions)

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PC Partner Eyes Singapore for Secondary Listing Amid Revenue Decline

PC Partner Group, a prominent Hong Kong electronics manufacturer, has announced plans to... (23 revisions)

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US Manufacturing Sector Struggles Amid Strikes and Natural Disasters

The US manufacturing sector is grappling with significant challenges, having shed 78,000 jobs... (23 revisions)

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Empowering Innovation: A Path to Economic Prosperity

U.S. Representative Adrian Smith has recently highlighted the critical role of innovation and... (23 revisions)

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Shangguan Village: A Hub for Badminton Equipment and Economic Growth

Shangguan Village, located in Zhejiang Province, China, has emerged as a significant center for... (24 revisions)

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Symrise AG and Virchow Group Form Joint Venture for Personal Care Ingredient Manufacturing in India

La Prairie Group Business Development Director Global Travel Retail Sabine Fagan recently... (25 revisions)

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AstraZeneca Invests $3.5 Billion in U.S. R&D and Manufacturing

AstraZeneca has announced a substantial investment of $3.5 billion in research and development... (25 revisions)

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The Urgent Call for Economic Diversification in Nigeria

As Akwa Ibom State celebrated its 37th anniversary on September 23, 2024, concerns over its... (27 revisions)

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Bahrain and The Bahamas Seek Economic Diversification Through Foreign Investment

Bahrain is positioning itself as the most liberal economy in the Middle East, shifting its focus... (31 revisions)

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China's Export Boom: Unraveling the Factors Behind the Surge

China's export boom has raised questions about the reasons behind the country's significant... (31 revisions)

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Alabama and Japan Strengthen Economic Ties at JASA Event

The Japan-America Society of Alabama (JASA) hosted its 2024 Annual Dinner and Business Forum on... (34 revisions)

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Biden Administration Official Meets with Cleveland Unions to Discuss Domestic Manufacturing

Livia Shmavonian, the Made in America Director for the Biden administration, is scheduled to... (42 revisions)

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Can Ford Revive Its Fortunes in India's Booming Auto Market?

Ford Motor Company is making a strategic move by restarting its manufacturing operations in... (47 revisions)

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Michigan's Economic Recovery: Progress and Warning Signs Ahead

Michigan's economy has shown significant recovery since the peak jobless rate of 22.4% in April... (49 revisions)

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How Will Trump's Re-election Shape the U.S. Economy?

Donald Trump's re-election on November 17, 2024, has sparked significant market reactions, with... (62 revisions)

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Can Zetwerk Propel India Towards a $5 Trillion Economy?

Zetwerk, a managed marketplace for manufacturing, is playing a pivotal role in India's ambition... (62 revisions)

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How Bangladesh's Political Unrest Affects Regional Trade Dynamics

On August 5, 2024, violent student protests erupted in Bangladesh over the reservation quota for... (63 revisions)

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Oswego County Receives $2.5 Million for Industrial Park Development

On October 2, 2024, the Oswego County Industrial Development Agency (IDA) was awarded a $2.5... (67 revisions)

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Wolfspeed Secures $750 Million from U.S. CHIPS Act and Apollo Investment

Wolfspeed, Inc. (NYSE:WOLF) has announced a significant funding boost, revealing a non-binding... (67 revisions)

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Chinese Solar Firms Expand U.S. Production Amid Tariff Concerns

In response to potential tariffs from a second Trump administration starting in January 2025,... (68 revisions)

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Bangladesh's Plastic and Wood Plastic Composite Industries Thrive Despite Global Economic Downturn

Plastic product exports from Bangladesh have reached a record high, growing by 17% year-on-year... (81 revisions)

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Boeing Labor Agreement: A Catalyst for Manufacturing Growth?

Boeing workers have officially ratified a new labor contract, bringing an end to a 53-day strike... (90 revisions)

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Will Trump's Tariff Threats Against India Materialize?

As President Donald Trump continues to navigate complex international trade relations, his... (130 revisions)

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Oak Creek Spice Plant Closure to Impact 88 Workers in December

In a significant development for the local economy, the Asenzya spice plant in Oak Creek,... (160 revisions)

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Stafford Crane Group to Manufacture Port Cranes in the USA Amid Tariff Concerns

In a significant development for the US port industry, Stafford Crane Group has announced plans... (160 revisions)

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Apple Offers $100 Million to Lift iPhone 16 Sales Ban in Indonesia

Apple Inc. has proposed a substantial investment of nearly $100 million to persuade the... (180 revisions)