BMW Group’s long-term effort to build out its U.S. manufacturing footprint over the past three decades could help protect it from many geopolitical shifts and tariffs, CEO Oliver Zipse said during the
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Pat Gelsinger retired and stepped down as Intel’s CEO on Sunday, according to a Dec. 2 press release.
The company named Intel CFO and EVP David Zinsner and Intel Products CEO Michelle Johnston Holthau
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Mitsubishi Electric Power Products, the U.S. subsidiary of Mitsubishi Electric, is investing $86 million in advanced switchgear production and power electronics in the U.S., the company a
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Manufacturers' showed renewed confidence in the industry's trajectory in November, with companies hiring additional staff, according to S&P Global's U.S. Manufacturing Purchasing Managers' Index.
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Dive Brief:
Ferrero Hazelnut Company, a division of sweets maker Ferrero Group, made a $350,000 investment to strengthen hazelnut production in the U.S., according to a Nov. 14 press release.
The inv
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Rivian Automotive has received a conditional $6.6 billion loan commitment from the Department of Energy, which will aid the company to get its stalled electric vehicle factory project in Georgia back
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Battery maker Lyten plans to acquire Cuberg’s lithium-metal battery manufacturing facility in San Leandro, California, to expand its lithium-sulfur battery production, according to a Nov.
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Dive Brief:
e-Storage’s subsidiary Shelbyville Battery Manufacturing is investing approximately $712 million to establish a 6-gigawatt-hour battery cell, module and packaging manufacturing facility i
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Donald Trump nominated international trade lawyer and former White House official Jamieson Greer as the U.S. Trade Representative, the president-elect announced Tuesday.
Greer, a partner
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Dive Brief:
The Biden-Harris administration finalized two CHIPS and Science Act funding awards on Monday for BAE Systems and Rocket Lab, according to a Commerce Department press release.
BAE Systems
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President-elect Donald Trump named Brooke Rollins to be secretary of the U.S. Department of Agriculture.
Rollins, a Texas native, is president and CEO of the America First Policy Institute, a conserva
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President-elect Donald Trump on Friday named Johns Hopkins University surgeon Marty Makary to lead the Food and Drug Administration, choosing a prolific medical researcher who bucked consensus on the
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