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OHIO FACTORY
Global drugmakers rush to boost US presence as tariff threat loomsGlobal drug companies are boosting U.S. production and stockpiling medicines. This is a response to potential tariffs on branded drugs. Com...- Meta to launch America's workforce academy for guaranteed job placement with $115 million first year investmentMeta is launching America's Workforce Academy (AWA), a nationwide program designed to fast-track individuals into long-term careers in skil...
- In 1926, a failed rubber coating experiment and a strange elastic solid accidentally changed the future of plasticsIn 1926, chemist Waldo Semon accidentally discovered how to make polyvinyl chloride flexible. This breakthrough transformed manufacturing a...
- In the PR battle for AI data centers, tech giants got a blue-collar allyAmerican construction unions are now key players in building the nation's artificial intelligence infrastructure. They are partnering with ...
- Taiwan's Foxconn books 2% fall in fourth-quarter profit, lags forecastsNet profit for October-December for Nvidia's biggest server maker and Apple's top iPhone assembler was T$45.51 billion ($1.42 billion), ve...
- SoftBank to invest $3 billion in Ohio factory for OpenAI data center: ReportThe plant will manufacture equipment for data centers in Milam County, Texas, and other locations, the report said, as the Japanese conglom...
- Foxconn chairman says collaboration with Softbank in Ohio is part of Stargate projectFoxconn chairman Young Liu confirmed the company’s partnership with SoftBank in Ohio is linked to OpenAI’s Stargate project. He stated that...
- Intel stock jumps 7% as Trump administration weighs taking stake in companyIntel shares rose after reports that the US government may take a stake in the company. This move could help fund Intel’s Ohio chip factori...
- Trump attack on Intel's CEO could compound factory strugglesTrump demanded Thursday that Lip-Bu Tan, Intel's new CEO, resign over his past ties to Chinese companies, adding to the woes of a company t...
- Intel delays $28 billion Ohio chip factories to 2030Intel has been cutting capital expenses after its expensive bid to become a contract chip manufacturer for other companies, in a move to re...
- US considering more than $10 billion in subsidies for IntelNegotiations are underway, and Intel's award package will likely include both loans and direct grants, according to the report.
- Lordstown Motors files bankruptcy, sues FoxconnFoxconn previously invested about $52.7 million in Lordstown as part of the agreement, and currently holds a roughly 8.4% ownership stake i...
- Semiconductor chips, EVs power Joe Biden's big bet on America's industrial policyWhile the Joe Biden administration push, described by economists as an industrial policy, has opened opportunities for some companies, sign...
- Intel delays $20 billion semiconductor factory over US Chips ActIntel, however, said it still plans to begin construction on the project this year, and manufacturing should start by 2025.
- Intel plans $20 billion chip manufacturing site in OhioThe planned investment includes 3,000 permanent jobs on the 1,000-acre site in New Albany, Ohio. Time magazine, which first reported the ne...
- Several companies freeze operations as severe weather disrupts parts of USA rare deep freeze sweeping southern U.S. states reached the northern part of neighboring Mexico over the three-day Presidents Day holiday ...
- GM to boost output due to clunkers incentivesGeneral Motors Co. will announce increased hours at several factories due to rising sales from the government's Cash for Clunkers program.
- Chrysler expands buyout, early retirement packagesChrysler LLC has expanded early retirement and buyout offers at six of the eight factories it plans to close as part of its bankruptcy rest...
- GM announces more temporary plant closingsGeneral Motors Corp says it will further cut production of trucks and sport utility vehicles from the summer through the end of the year.
- Impact of parts strike widens to 28 GM factoriesThe strike also could affect Chrysler, which says its Newark, Delaware, assembly plant could be temporarily closed as early as next week.
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