On Thursday while traveling through India, US Commerce Secretary Gina Raimondo revealed that the United States and India will sign a memorandum of understanding on the production of semiconductor chips.…

A new study by S&P Global shows that the weakening global demand for products has crushed Eurozone manufacturing to the lowest levels seen since the Covid-19 pandemic. In October the…

BASF, the world’s largest chemical producer, is blaming sky-high natural gas prices for a weak third quarter earnings report. The company noted it was looking at longer-term cost cutting across…

As more investment money comes out of Washington DC, the race to dominate the electric vehicle industry is heating up. However as it does, the assembly workers who are the…

Surveys on new orders for products of US manufacturers are conflicted, either showing expansion, or a third straight month of contraction. The more widely followed survey, the Institute for Supply…

First Solar (FSLR) announced it will invest $1.2 billion into manufacturing facilities in the US, now that the Inflation Reduction Act (IRA) has passed. Already the largest US-based solar manufacturer,…

China is shuttering factories in the southwest as a worsening drought has begun to limit hydroelectric energy generation at several reservoirs, triggering rolling blackouts across cities in the region. Added…

A joint venture between China and Russia appears to be faltering amid disagreements between the two superpowers over how profits from the venture will be shared as well as any…

Samsung has wowed central Texas with what could be the biggest economic investment in the region ever, as it announced it is considering building 11 new chip fabrication facilities in…

As the Texas electoral grid labors under an intense heatwave, Tesla, Toyota, and Samsung have been forced to scale back manufacturing activity at their factories to help lighten the load…