Honda and LG Energy Solution today announced that their new joint venture (JV) battery plant will be located in Fayette County, Ohio, about 40 miles southwest of Columbus, where the two companies will commit to investing $3.5 billion and creating 2,200 jobs, pending final government approvals.
Machine tool orders posted a monthly gain in August but were down compared with a year ago.
Manufacturing employment rose in September, with durable goods doing the heavy lifting, according to data released today from the Bureau of Labor Statistics.
The manufacturing economy softened in September and may soon shift to contraction, the Institute for Supply Management said today.
Projections from Reshoring Initiative show reshoring gains continuing in the first half of 2022.
The wait is almost over. After four years, IMTS is returning to an in-person show at Chicago’s massive McCormick Place.
3D Systems said it agreed to acquire dp polar GmbH, the German-based designer and manufacturer of the industry’s first additive manufacturing system designed for true high-speed mass production of customized components.
Manufacturing slowed slightly in July but still ran at a strong rate overall, the Institute for Supply Management said today.
SAKOR Technologies Inc., a recognized leader in the area of high-performance dynamometer systems, announces that it recently provided Nexteer Automotive with a dynamometer test system designed to test high-speed motors and inverters in hybrid and electric vehicle designs.
Ford Motor Co. on July 27 reported a slightly higher second-quarter profit.
