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Tag: Manufacturing sector

Feds give record $27B in loans for utility expansion in Georgia and Alabama

February 25, 2026February 25, 2026 · Finance

ATLANTA — Federal energy officials on Wednesday announced a record $27 billion loan to electric utilities in Georgia and Alabama, saying the loan will save customers money as…

Read more Feds give record $27B in loans for utility expansion in Georgia and Alabama

TSMC to make advanced AI semiconductors in Japan in boost for its chipmaking ambitions

February 5, 2026February 5, 2026 · Technology

TOKYO — Taiwan’s chipmaker TSMC said Thursday it will be manufacturing some of the world’s most cutting-edge semiconductors in Japan to meet booming artificial intelligence-related demand, in a…

Read more TSMC to make advanced AI semiconductors in Japan in boost for its chipmaking ambitions

Even small EU nations go big on arms production

February 2, 2026February 3, 2026 · Technology

NICOSIA, Cyprus — There’s a chance the dreaded buzz of propellers heard on Ukrainian battlefields is coming from drones built in a country with a population of just…

Read more Even small EU nations go big on arms production

ASML made record $11.5 billion profit in 2025 thanks to AI-driven demand, plans to cut 1,700 jobs

January 28, 2026January 28, 2026 · Technology

THE HAGUE, Netherlands — Dutch semiconductor chip machine maker ASML recorded a record net profit of 9.6 billion euros ($11.5 billion) in 2025 on sales of 32.7 billion…

Read more ASML made record $11.5 billion profit in 2025 thanks to AI-driven demand, plans to cut 1,700 jobs

Analysis-China can’t make consumers buy goods, so it leans on services to drive economy

January 20, 2026January 22, 2026 · Business

By Kevin Yao BEIJING, Jan 21 (Reuters) – China is planning to introduce new measures to promote the consumption of services, betting that elderly care, healthcare and leisure…

Read more Analysis-China can’t make consumers buy goods, so it leans on services to drive economy

Chinese steel factory officials detained after explosion that leaves 4 dead, 6 missing

January 19, 2026January 19, 2026 · Finance

Chinese police have detained those in charge of a steel factory in Inner Mongolia after an explosion killed four people Source link

Read more Chinese steel factory officials detained after explosion that leaves 4 dead, 6 missing

In a warming world, freshwater production is moving deep beneath the sea

January 15, 2026January 15, 2026 · Finance

CARLSBAD, Calif. — Some four miles off the Southern California coast, a company is betting it can solve one of desalination’s biggest problems by moving the technology deep…

Read more In a warming world, freshwater production is moving deep beneath the sea

This Vietnamese town boomed as factories left China. Now it’s asking what’s next?

January 4, 2026January 5, 2026 · Finance

BAC NINH, Vietnam — The transformation of Vietnam’s Bac Ninh is evident in the signs above its shops and the spicy Chinese and Korean dishes on its tables.…

Read more This Vietnamese town boomed as factories left China. Now it’s asking what’s next?

China factory activity picks up in December as orders rebound ahead of holidays

December 31, 2025January 3, 2026 · Finance

BANGKOK — Chinese factory activity expanded for the first time in eight months in December, as orders picked up ahead of holidays and builders rushed to finish projects,…

Read more China factory activity picks up in December as orders rebound ahead of holidays

iRobot files for bankruptcy protection; will be private under restructuring

December 15, 2025December 15, 2025 · Finance

Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken…

Read more iRobot files for bankruptcy protection; will be private under restructuring

South Korean solar firm cuts pay and hours for Georgia workers as US officials detain imports

November 7, 2025November 7, 2025 · Technology

A South Korean solar company says it will temporarily reduce pay and working hours for about 1,000 of its 3,000 employees in Georgia because U.S. customs officials have…

Read more South Korean solar firm cuts pay and hours for Georgia workers as US officials detain imports

Explosion at Mississippi chemical plant causes ammonia leak, evacuations

November 6, 2025November 6, 2025 · Breaking News

YAZOO CITY, Miss. — An explosion at a hydrogen and nitrogen product manufacturer in Mississippi on Wednesday caused an ammonia leak and forced nearby residents to evacuate, officials…

Read more Explosion at Mississippi chemical plant causes ammonia leak, evacuations

NATO member Romania signs agreement with Germany’s Rheinmetall to build a gunpowder plant

November 5, 2025November 5, 2025 · Business

BUCHAREST, Romania (AP) — NATO member Romania signed an agreement Monday with German defense company Rheinmetall to build a gunpowder factory in central Romania, as Europe races to…

Read more NATO member Romania signs agreement with Germany’s Rheinmetall to build a gunpowder plant

China’s next 5-year plan puts focus on high-tech and consumers

October 23, 2025October 26, 2025 · Finance

HONG KONG — China’s leaders have vowed to reduce its reliance on foreign advanced technology and spur stronger domestic demand as it weathers “high winds” amid elevated trade…

Read more China’s next 5-year plan puts focus on high-tech and consumers

In Japan and South Korea, Trump will promote big investments. But the details are still not clear

October 23, 2025October 23, 2025 · Finance

WASHINGTON — President Donald Trump is going to Japan and South Korea next week to promote an epic financial windfall — at least $900 billion in investments for…

Read more In Japan and South Korea, Trump will promote big investments. But the details are still not clear

After winning Trump’s $20 billion, President Milei must win votes as Argentine industry reels

October 16, 2025October 17, 2025 · Finance

BUENOS AIRES, Argentina — BUENOS AIRES, Argentina (AP) — The factory floor used to roar. Walking around his textile mill in southern Buenos Aires, Luciano Galfione pointed out…

Read more After winning Trump’s $20 billion, President Milei must win votes as Argentine industry reels

Trump says the US has secured $17 trillion in new investments. The real number is likely much less

October 16, 2025October 22, 2025 · Fact Checking

WASHINGTON (AP) — The economic boom promised by President Donald Trump centers on a single number: $17 trillion. That’s the sum of new investments that Trump claims to…

Read more Trump says the US has secured $17 trillion in new investments. The real number is likely much less

Taiwanese chipmaker TSMC sees nearly 40% jump in its net profit thanks to the AI boom

October 16, 2025October 16, 2025 · Technology

Taiwan’s leading computer chip maker, TSMC, has reported its net profit surged nearly 40% in the last quarter, boosted by the surge in use of artificial intelligence HONG…

Read more Taiwanese chipmaker TSMC sees nearly 40% jump in its net profit thanks to the AI boom

Powerful blast at a Tennessee military explosives plant rattles homes miles away

October 10, 2025October 10, 2025 · Breaking News

McEWEN, Tenn. — McEWEN, Tenn. (AP) — A powerful blast ripped through a military explosives manufacturing plant in rural Tennessee on Friday morning, rattling homes miles away and…

Read more Powerful blast at a Tennessee military explosives plant rattles homes miles away

Trump says US has secured $17T in new investments. The number is likely much less.

October 6, 2025October 6, 2025 · Breaking News

WASHINGTON — WASHINGTON (AP) — The economic boom promised by President Donald Trump centers on a single number: $17 trillion. That’s the sum of new investments that Trump…

Read more Trump says US has secured $17T in new investments. The number is likely much less.
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