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June 13, 2021

Manufacturing

Senate passes bipartisan tech and manufacturing bill aimed at countering China

CNBC
CNBC – For more and to sign up click here Employees work on the production line of silicon wafer at a workshop of Jiejie Semiconductor Co., Ltd on March 17, 2021 in Nantong, Jiangsu Province of China. Xu Congjun | Visual China Group | Getty Images The Senate on Tuesday......

The Senate is set to pass a massive bipartisan tech and manufacturing bill that takes on China

CNBC
CNBC – For more and to sign up click here Employees work on the production line of silicon wafer at a factory of GalaxyCore Inc. on May 25, 2021 in Jiashan County, Jiaxing City, Zhejiang Province of China. Guo Junfeng | Visual China Group | Getty Images The Senate is......

Relativity Space’s massive 3D printers are reinventing rockets, and manufacturing

CNBC
CNBC – For more and to sign up click here Relativity Space is pushing the boundaries of 3D-printing to build rockets but CEO Tim Ellis sees the company’s influence reaching beyond the space industry. “We’re reinventing the underpinnings of not just building rockets, but the whole stack of how you......

Manufacturing could return to China again, as Covid cases spike in India and Vietnam

CNBC
CNBC – For more and to sign up click here A worker works on a production line to produce electrical products for domestic and Southeast Asian markets in Hai ‘an city, east China’s Jiangsu province, March 29, 2021. Costfoto | Barcroft Media | Getty Images The Covid-19 resurgence in some......

Peloton to invest $400 million to build its first U.S. manufacturing facility in Ohio

CNBC
CNBC – For more and to sign up click here Peloton said Monday it will invest $400 million to build its first factory in the United States to speed up production and delivery of its popular cycles and high-end treadmill machines. After vetting a number of locations, it selected a......

Pfizer CEO opposes U.S. call to waive Covid vaccine patents, cites manufacturing and safety issues

CNBC
CNBC – For more and to sign up click here Sergeant Jennifer Callender (L) of the Illinois Air National Guard administers a Pfizer Covid-19 vaccine to Virginia Persha at a vaccination center established at the Triton College in River Grove, Illinois, on February 3, 2021. Kamil Krzaczynski | AFP |......

Factbox: Biden jobs plan includes $50 billion for chips research, manufacturing

Reuters
WASHINGTON (Reuters) – President Joe Biden’s $2 trillion infrastructure investment package includes $300 billion to boost the struggling U.S. manufacturing sector, including $50 billion for semiconductor production and research, the White House said on Monday. FILE PHOTO: U.S. President Joe Biden speaks during an economic briefing in the Oval Office......

Fire leaves Troy manufacturing plant with ‘extensive damage’

Detriot News
Detroit News – For more and to sign up click here A steel manufacturing plant in Troy experienced “extensive damage” after a fire consumed its interior Sunday afternoon. The Troy Fire Department responded to the fire at the Midwest Acorn Nut Co., 501 Executive Drive, around 11:20 a.m. It took firefighters......

General Mills strives to scale back contract manufacturing

FoodBusinessNews
MINNEAPOLIS — General Mills, Inc. plans to cut back on contract manufacturing once pandemic-fueled demand for its food and beverage products levels off, said Kofi Bruce, chief financial officer. In an interview with The Wall Street Journal, Mr. Bruce said the Minneapolis-based maker of Cheerios and Betty Crocker enlisted approximately......

Manufacturing boom brings more signs that inflation is building rapidly

CNBC
CNBC – For more and to sign up click here An operator stacks heavy gauge steel brace used for industrial workbench leg at Tennsco’s factory in Dickson, Tennessee, U.S. February 17, 2021. Tennsco | via Reuters March brought the strongest manufacturing growth in more than 37 years, and with it......

U.S. manufacturing sector index races to 37-year high in March: ISM

Reuters
WASHINGTON (Reuters) – A measure of U.S. manufacturing activity soared to its highest level in more than 37 years in March, driven by strong growth in new orders, the clearest sign yet that a much anticipated economic boom was probably underway. FILE PHOTO: An employee works at the Kirsh Foundry......

U.S. manufacturing sector at three-year high, cost pressures mounting: ISM

Reuters
WASHINGTON (Reuters) – U.S. manufacturing activity increased to a three-year high in February amid an acceleration in new orders, but factories continued to face higher costs for raw materials and other inputs as the pandemic drags on. The Institute for Supply Management (ISM) said on Monday its index of national......

3DHoloQR Is Now Live!

John Bennet
Augmented Technology PRESS RELEASE Ft. Lauderdale, FL – 2/21/2021                                                               Media Inquiries: pr@3dhologroup.com 3DHoloQR Is Now Live! 3D HoloGroup, the augmented reality (AR) software architecture and systems integration company, announces 3DHoloQR is taking orders! The 3DHoloQR’s Quick Response System is engineered to be interactive and user friendly. The design allows warehouse,......

Biden speaks while touring Pfizer manufacturing facility

Detriot News
Detroit News – For more and to sign up click here Portage — President Joe Biden has toured the Pfizer campus in Portage that’s manufacturing the COVID-19 vaccine, as part of his first trip to Michigan as president.  Wearing a navy blue mask, the president around 2:30 p.m. entered a vast warehouse......

As Moderna looks to increase the doses in vaccine vials, the White House announces an expected boost in manufacturing.

New York Times
New York Times – For more and to sign up click here The upstart drugmaker Moderna is asking U.S. regulators to allow it to increase the amount of coronavirus vaccine put into each vial by as much as 50 percent, arguing that it can speed vaccines to patients by clearing......

U.S. factory orders beat expectations in November

Reuters
FILE PHOTO: An employee works at the Kirsh Foundry in Beaver Dam, Wisconsin, U.S., April 12, 2018. Picture taken April 12, 2018. REUTERS/Timothy Aeppel WASHINGTON (Reuters) – New orders for U.S.-made goods increased more than expected in November and business investment on equipment was solid, pointing to sustained recovery in......

India’s manufacturing sector ends 2020 on brighter note

Reuters
BENGALURU (Reuters) – India’s factory sector ended a rough 2020 on a stronger note as manufacturers boosted production to meet rising demand, a private survey showed on Monday, although the employment situation worsened as firms continued to reduce headcounts. FILE PHOTO: Workers stitch garments at a factory of an apparel......

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