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Factory Supply
REFILE-WRAPUP 1-Beijing curbs public transport as COVID spreads in China
(Delete the superfluous "in" in the title)* Beijing closes over 40 subway stations and 158 bus lines* Zhengzhou will enforce strict COVID restrictions next week* Shanghai struggles to emerge from month-long lockdownBEIJING/SHANGHAI, May 4…
China’s April factory activity contracts at a faster rate as lockdowns bite
Workers in protective gear stand on a street during a lockdown amid the coronavirus disease (COVID-19) pandemic in Shanghai, China April 16, 2022. REUTERS/Aly SongJoin now for FREE unlimited access to Reuters.comRegisterChina's official…
Driving Manufacturing Efficiency for a Better Future, CIO News, ET CIO
By S Devarajan Climate change is real. With sea levels rising, glaciers melting and pollution increasing, the impacts of climate change cannot be overstated. It has never been more important for us, as the dominant species, to “invest in…
Jim Estill bought Danby Appliances before global supply chains came to a standstill. Here’s…
Jim Estill, President and CEO of Danby Appliances.Kyle Scott/The Globe and MailI don't need to work. I have earned my money and I have modest needs. I sold my first business when it had about $2 billion in revenue. I retired for five…
Stuck in Ukraine, Vande Bharat train wheels will be airlifted to India | Latest India News
Import orders from India to a Ukrainian company for thousands of wheelsets for Vande Bharat trains have been affected by the war, but 128 wheels have been transported by road to neighboring Romania and they will be transported by airborne…
Business Briefs: Supply chain challenges are on the rise, take it easy with trucker jokes
A quick overview of news from many industries from industry week numerous publications of parent company Endeavor Business Media. Russian invasion of Ukraine worsens supply chain crisisSourceToday details how current events continue to…
Tesla earnings: Will Elon Musk address Shanghai Gigafactory shutdown in Twitter takeover bid?
Placeholder while loading article actionsSAN FRANCISCO — The world is distracted by Elon Musk's hostile takeover on Twitter. This may well serve the purposes of the CEO of Tesla.Tesla's "Gigafactory" in Shanghai, where it makes some of its…
Economic data from China points to the cost of the Zero Covid strategy
BEIJING — Facing its worst Covid-19 outbreak to date, China has imposed an increasing number of mass quarantines, strict lockdowns and border controls. The measures may still work, but official data released on Monday shows they are…
Tesla, Nio and Volkswagen face a confusing headache
Electric vehicle deliveries from automakers in China face an unknown future as EV makers like Tesla, Volkswagen and Nio keep factories closed due to Shanghai's Covid lockdown and related supply chain issues .Shanghai authorities did not say!-->…
Industrial Control and Factory Automation Market Size, Trends and Forecast
New Jersey, United States – Verified Market Research provides an encyclopedic study of Industrial Control and Factory Automation Market with holistic information about important factors and aspects impacting the future growth of the…
Plans for a fully-fledged European supply chain – pv magazine International
Excerpt from pv magazine 04/2022It's an exciting time for PV manufacturing, with the global solar industry seemingly waking up to the need for localized supply chains in all of its key regions. Europe, India and the United States are all…
Tesla to open Texas factory key to growth ambitions
A general view of the Tesla Gigafactory construction site in Austin, Texas, U.S., October 25, 2021. REUTERS/Brian SnyderJoin now for FREE unlimited access to Reuters.comRegisterSAN FRANCISCO, April 7 (Reuters) - Tesla Inc (TSLA.O) will hold…
Flushing window and door factory reduces carbon footprint with new solar panels – QNS.com
Crystal Window & Door Systems in Flushing is helping to reduce its carbon footprint in New York with newly installed solar panels on its roof.
The production plant, located at 31-10 Whitestone Expy., has completed the installation of a…
War in Russia could further drive up auto prices and shortages | national
DETROIT (AP) — BMW has halted production at two German plants. Mercedes is slowing down work at its…
Strike escalates at Peterlee factory over ‘insulting’ wage offer
The PAY strikes at two car factories in County Durham continued into their second week after unions reprimanded 'insulting' wage offers that have been offered to staff.
Workers at NSK Bearings and AKS Precision Ball…
Machining startup Hadrian raises $90m from Andreesen, Lux
The exterior of the company's factory in Hawthorne, California.HadrianMachine parts startup Hadrian Automation has raised $90 million in a new funding round led by venture capital firms Lux Capital and Andreessen Horowitz, as the company…
PP C&A boss urges UK manufacturers to make the most of a ‘once in a generation’…
Reducing supply chain risks, reducing long lead times and ensuring security of supply are driving a major trend towards relocation to the UK, according to a leader in the making.…
MHI completes EBLOX demonstration plant in Turkey
Construction of a power plant in Turkey that will demonstrate a self-contained "triple hybrid" system comprising renewable energy sources, a reciprocating engine generator and a battery has been completed.
Subsidiary of the…
Eyelit announces growth investment from Banneker Partners
The Eyelit platform is well positioned as the centerpiece to control, detect and coordinate data sources using a tightly integrated low code solution. Banneker's investment in Eyelit will enable the company to become the global leader in…
The Shift to Modern Digital Manufacturing, Upcoming Seminar
In an increasingly competitive global landscape, Australian manufacturers are advised not to delay the implementation of Industry 4.0/5.0 technologies and transition to “modern digital manufacturing”.
Fortunately, there's never been a…
Some quake-hit Japanese factories restart, but Toyota suspends 18 assembly lines
FILE PHOTO: A logo of Murata Manufacturing Co. is pictured at CEATEC JAPAN 2017 (Advanced Technology Combined Exhibition) at Makuhari Messe in Chiba, Japan October 2, 2017. REUTERS/Toru Hanai TOKYO (Reuters) - Japanese…
As the Fed prepares to hike rates, the global economy slides deeper into turmoil
Jason Furman, an economist at Harvard University, said many forecasters have done what investors sometimes call "perfection pricing": assuming everything will be fine, even if that's not the more likely."You can look at the individual…
Foxconn halts China operations due to COVID lockdown
Foxconn, a major supplier to Apple, has halted operations in Shenzhen, China, due to a local government-imposed lockdown following a new COVID-19 outbreak. There, the Taiwanese company has factories responsible for assembling…
A One-Stop, AI-Driven Manufacturing Marketplace
AI helps build a more efficient manufacturing ecosystem
Getty
This column has long kept tabs on Xometry, the Maryland-based global on-demand manufacturing platform company. From the start, Xometry has focused on…
How using 5G in supply chain operations can prevent future disruptions
Using 5G in supply chain operations can allow organizations to optimize their routes to avoid unnecessary travel and inefficiencies. Improved geolocation technologies can allow better visibility of delays and unforeseen travel…
February factory inflation in China eases, spotlight on global commodities
People walk along Nanjing Pedestrian Road, a main shopping area, in Shanghai, China May 5, 2021. REUTERS/Aly SongJoin now for FREE unlimited access to Reuters.comRegisterFebruary producer prices rise more slowly than JanuaryFebruary…
Moscow says it will let Ukrainian civilians flee – to Russia
Discussions on humanitarian corridors come after failed ceasefiresOil price soars as US mulls Russian oil banUkraine says Russian forces are planning an assault on KievLVIV/IRPIN, Ukraine, March 7 (Reuters) - Ukrainian officials said a…
Tesla’s long-delayed German gigafactory gets conditional green light
Tesla's Gruenheide factory is Europe's first gigafactoryObjections against approval can be filed within the next monthTesla wants to show it meets the conditions in the next two weeksPOTSDAM, Germany, March 4 (Reuters) - Tesla Inc (TSLA.O)…
Amid supply chain shortages, there’s no room for faulty labeling
Paper and label shortages hitting industries around the world mark the latest chapter of disruption in two turbulent years for global supply chains - from the blockage of the Suez Canal to the 'pingdemic' and shortage of drivers that…
AP FACT CHECK: Biden’s State of the Union disabled on guns and electric vehicles
WASHINGTON (AP) — President Joe Biden recounted a flawed Democratic talking point on guns in his first State of the Union address, made his electric vehicle plan more advanced than he expected. is and has inflated the scope of its…
Equinor and Daimler Truck sever relations with Russia as Volvo halts car deliveries
Norwegian oil group Equinor and German Daimler Truck are ending partnerships with Russian firms while Volvo said it was halting car deliveries to the country as the trade fallout from the Ukraine invasion wears off propagate. The…
After PCB order, Paneer factory power supply broke
Sehore (Madhya Pradesh): The Power Distribution Corporation cut power to Jayshree Gayatri Food and Paneer Factory in the village of Peepliya Mira on Friday, official sources said on Saturday.The Energy Department followed an order…
Beef Kill: Factory Cattle Supply Begins To Fall
Beef Kill: Factory Cattle Supply Begins To Fall
February 23, 2022, 6:00 a.m.
After six weeks of increased cattle throughput at Department of Agriculture, Food and Marine (DAFM) approved beef plants, it appears supply is now starting to…
Heather Anstey-Myers joins Manufacturing Wales as new CEO
Manufacturing Wales today announced Heather Anstey-Myers as its new CEO.
The collaborative, industry-led consortium is at the heart of efforts to help Welsh manufacturers build supply chain resilience, maximize sourcing opportunities and…
Vedanta to invest $20 billion in India’s semiconductor industry, rollout by 2025
Vedanta to invest up to $20 billion in India's semiconductor industryNew Delhi: Indian conglomerate Vedanta has earmarked $15 billion for a foray into the chip and display manufacturing space, and plans to increase the…
Russian hackers target US defense contractors
Over the past two years, Russian hackers have successfully gathered information by targeting US defense contractors, according to CNN.
The hacks provide information on US weapons: “Russian government-backed hackers have acquired…
Britishvolt secures £40m investment for electric vehicle battery factory | Automobile industry
UK startup Britishvolt has secured a new investment worth £40m from Glencore in the latest stage of its ambitious plan to build one of the UK's only large-scale battery factories.It aims to triple its funding with £200m in a third funding…
New York’s ‘oldest chocolate factory’ expands ahead of Valentine’s Day
NEW YORK (Reuters) - Homemade chocolate-covered heart-shaped marshmallows dripping through the 9,000-square-foot production space of Li-Lac Chocolates in New York City, as the chocolate factory ramped up production in time for New York's…
Ford suspends production at eight plants due to chip shortage
Ford is halting production at its Chicago Assembly Plant, which builds the Ford Explorer and Lincoln Aviator SUVs. Ford's assembly plant in Cuautitlan, Mexico, which builds the Mustang Mach-E electric SUV, is also closed this week."The…
A recycling startup still growing despite a tornado and a pandemic
A company that was brought to its knees by a tornado is back on its feet, promising to transform the plastic recycling industry - as long as it can find the right investors.
When I last visited Rui Peng at his Papatoetoe factory in June…
Automakers and chipmakers disagree on when semiconductor shortage will ease
Chips are pictured at the factory of semiconductor packaging company Unisem in Ipoh, Malaysia October 15, 2021. REUTERS/Lim Huey Teng/File PhotoJoin now for FREE unlimited access to Reuters.comRegisterSAN FRANCISCO, Feb 4 (Reuters) -…
Traditional UK sugar factory benefits from global sugar rush
A 'sugar boiler' churns out gray herbal tablets as the company rushes to meet growing demand for its traditional homemade sweets - Copyright AFP OLI SCARFFOli SCARFF, James PHEBYConfectionery Edward Gray in central England evokes a bygone…
Rivian electric vehicle factory sparks concern in Georgia city
Clint Powell's home in Social Circle, Georgia, sits on a 2-acre lot, about 300 yards from the property where electric vehicle maker Rivian plans to start building a giant factory soon.He's pretty sure it's going to change his life, but…
Smartphone sales fell 3% in the fourth quarter of 2021
BOSTON—According to a new study from Strategy Analytics, global smartphone shipments fell 3% to 365 million units in the fourth quarter of 2021, compared to a year earlier, and Apple's iPhone led the global market smartphones with a…
How Germany went from Europe’s economic powerhouse to its laggard
Germany's former economy minister Peter Altmaier promised he would act as the 'economic locomotive' that lifted the world out of its Covid-19 crisis - but instead the country now looks more like the latecomer to Europe.For a time,…
UiPath collaborates with Deloitte in The Smart Factory @ Wichita to advance Industry 4.0 through…
NEW YORK--(BUSINESS WIRE)--UiPath (NYSE: PATH), a leading provider of robotic process automation (RPA) software, today announced that it has become a builder sponsor of The Smart Factory @ Wichita, a new Deloitte Industry 4.0…
Intel CEO aims to create world’s largest chip factory on US soil
Intel CEO Patrick Gelsinger plans to build the world's largest semiconductor fab in Ohio.
Gelsinger spoke with TIME about Intel's plans to move the semiconductor…
Intel’s $20 billion factory in Ohio could become the world’s largest chip factory
Intel Corp said on Friday it would invest up to $100 billion to build potentially the world's largest chipmaking complex in Ohio, seeking to boost capacity as a global shortage of semiconductors affects everything from smartphones to cars.…
Volkswagen and Bosch explore battery manufacturing joint venture
The Volkswagen Group and Bosch have announced that they have signed a memorandum of understanding to explore the creation of a European supplier of battery equipment solutions. The idea is to potentially create a new company that "to…
Alstom’s Montreal Milestone – The Age of the Railway
Written by
William C. Vantuono, editor…
Tesla signs deal to get key battery component out of China
Tesla fast charging stations (Superchargers) are located in a parking lot.Philip Schulze | Image Alliance | Getty ImagesTesla is turning to Mozambique for a key component of its electric car batteries in what analysts say is a…
How to Use Parallel Power Supplies to Improve Output and Reliability
Decreased system reliability due to overloaded power supplies is a common engineering challenge. In this Q&A style article submitted by Allied Electronic & Automation, David Norton, technical marketing…
New Coventry EV battery factory gets council backing
Warwick District Council and Coventry City Council have approved an early stage planning application for a £2.5billion EV battery factory at Coventry Airport.
Approval of the town planning application file – agreement in principle on the…
Fertilizer supply problems – Egypt – Al-Ahram Weekly
Some 22 million tonnes of nitrogen fertilizers are produced each year in Egypt A shortage of fertilizers has hit the Egyptian market in recent weeks, leading some farmers to resort to the black market to acquire what they need for their…
JI calls for action against Bara factories
BARA: Officials from the Jamaat-e-Islami local on Sunday called on the government to launch an operation against the kiln factories to remove toxic fumes from the factories in Bara tehsil in the Khyber district.
The request was made…
Supply chain problems prompt US factories to relaunch
Called near-shoring, the move to Mexico parallels Europe with the opening of factories in Eastern Europe to serve Western European markets such as France and Germany.“We're starting to see it in Mexico as well as the United States,” said…
Spot gold rises as dollar erases gains and US factory gauge slips
(Bloomberg) - Gold rebounded as the dollar slashed gains and the U.S. manufacturing gauge fell short of economists' expectations.Bloomberg's Most ReadA dollar index dropped initial gains of as much as 0.3%, boosting bullion's appeal as an…
Tesla Overcomes Supply Chain Problems With Successful Fourth Quarter Deliveries
A Tesla Model 3 car is seen in their showroom in Singapore on October 22, 2021. Photo taken on October 22, 2021. REUTERS / Edgar SuRegister now for FREE and unlimited access to Reuters.comRegisterJan. 2 (Reuters) - Tesla Inc (TSLA.O) on…
New Year’s honors: MBE for the general manager of the last flax mill in Kirkcaldy
Angus Nicoll was the head of Peter Greig & Co Ltd, the last flax mill in Scotland, and he was honored for his service to the textile industry.Peter Greig & Co, based in St Clair Street, Kirkcaldy, was the last original linen weaving…
Top 3 HealthLeaders Supply Chain Stories of 2021
Find out how leaders in the healthcare supply chain are tackling the toughest challenges in their field.Tense supply chains have been a major concern this year, and HealthLeaders has been tracking developments in the healthcare system's…
The RIT participates in the energy storage initiative
The Rochester Institute of Technology will play a role in a state initiative that targets the growth of the energy storage and development industry.
The university, through its Battery Prototyping Center, will be part of New…
Supply chain issues hurt local businesses, suppliers and consumers
At the start of 2021, Konrad Bouffard, owner of Konrad Christmas trees and wreaths, expected to have a normal year by opening his first Christmas tree stand.However, he didn't expect the climate for the global supply chain to be so bad…
GST agents unearth Rs 150 crore cash in businessman’s house UP
GST agents raided the residences of partners of UP-based Odochem Industries on Friday and dug up more than 150 crore rupees, as well as the premises of the factory of brand maker Shikhar Pan Masala and a carrier accused of…
Asian factory workers on the brink of Western supply chain crisis | Global development
For weeks, Hoang Thi Quynh * worked and slept in a garment factory in Tien Giang Province, southern Vietnam. She started her shift at 7.15 a.m. and then, after a day of sewing sportswear, entered an empty hall in the factory complex and…
Apple begins trial production of iPhone 13 in India
AppleInsider is supported by its audience and can earn commission as an Amazon Associate and Affiliate Partner on qualifying purchases. These affiliate partnerships do not influence our editorial content.
Apple…
Pair billed over £ 80,000 for drug factory discovery in Lurgan to face Crown Court – Armagh I
A man and woman are set to appear in Crown court over the New Year on charges of cultivating cannabis in connection with!--canvas-post-feat-img-->…
LeanDNA’s Supply Chain Optimization Platform Recognized by Global Aerostructure Manufacturer
Spirit AeroSystems rewards LeanDNA with the 2021 Supplier Innovation AwardAUSTIN, Texas, December 16, 2021- (BUSINESS WIRE) - LeanDNA, the Leading Provider of Cloud-Based Analytics Software for Supply Chain and Factory Operations…
China’s retail sales growth slows, factory production picks up
China's retail sales growth was weaker than expected in November as consumers were cautious as domestic cases of the coronavirus resurfaced, official data showed on Wednesday, but industrial production resumed after the decline in prices.…
JD Wetherspoon Warns Covid-19 Restrictions Will Hit Commerce – Business Live | Business
The Trafalgar Square Christmas tree on a wet, wintry day this past weekend Photograph: Guy Bell /!-->>-->!-->>-->…
Kentucky Candle Factory was hiring 110 people working indoors when tornado hit
Some 110 people were working at Mayfield Consumer Products in Kentucky when the building collapsed Friday night.
The family business manufactures branded candles…
Hitachi and Alstom win 300 billion yen contract for UK HS2 line
Hitachi Ltd. of Japan and its French partner Alstom SA have been awarded a £ 2 billion (300 billion yen) contract to supply a fleet of 225 mph electric trains for the new high-speed railway British HS2.The consortium, formed by…
Finding Solutions to the Global Supply Chain Crisis
https://www.youtube.com/watch?v=RtvAP6D-31c
PHOENIX - It's the holiday season, but not everyone is happy and bright. That's because vacation shoppers are paying higher prices and!-->!-->…
Local businesses face supply chain issues and rising costs
When Lucy Cooper's Texas Ice House announced plans to open a new store in Braunfels in late spring 2021, president and owner Braunda Smith planned to open his second restaurant in a few months.As the end of 2021 approaches, Smith said…
Supply issues turn hoarding into strategy
Megan Searfoss racked up sneakers in Connecticut.Searfoss, the owner of two running stores in Darien and Ridgefield, Conn., Would normally have around 3,000 pairs of shoes in stock before the holiday season. But as she watched supply…
Burnley factory worker crushed in three second window pictured for the first time
A worker at the Burnley factory was crushed to death in just three seconds when a machine slammed shut on him, an investigation has found. Louis Michael Standen was killed on the evening of Tuesday, December 3, 2019 while working at food!-->…
GM is considering a partnership for battery components for electric vehicles. It’s a supply…
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GM wants to sell only electric vehicles by 2035.…
Volvo plans new European plant and capacity expansion
Since Volvo Cars was acquired by Chinese Geely in 2010, it has grown steadily, with an all-new platform and a whole new range of engines powering its sought-after lineup of…
A wine rack on rails? UK businesses are looking for solutions to shortages.
TILBURY, England - It's called the 'wine train', and every weekend it leaves the port of Tilbury, east London, on a 100 mile journey to a depot in central London. 'England. It looks pretty much like any other freight train, but it carries…
Kirkwood soap company talks about supply shortages
KIRKWOOD, Mo. - Businesses in St. Louis have been busy all day with Black Friday and small businesses on Saturday tomorrow. But, the weekend could be a little different than in years past. At the Sammysoap store and soap factory…
EXCLUSIVE Dyson Drops Malaysian Supplier ATA Due to Labor Issues
Workplace audit, whistleblower allegations leading to dismissalATA already under US investigation into labor practicesATA shares dip 30% to lowest since April 2020KUALA LUMPUR, Nov. 25 (Reuters) - High-tech home appliance maker Dyson Ltd…
Ola Electric ready to sell its scooters abroad from 2022
“The factory (at Pochampalli in the Krishnagiri district of Tamil Nadu) is an investment that we are making, which is not just for this range of scooters, it is for the whole range of scooters and bikes, and this factory will…
Australian Vulcan Energy signs second lithium supply agreement with Renault, Auto News, ET Auto
Under the agreement, Renault will purchase between 26,000 and 32,000 metric tonnes of battery-grade lithium chemicals from Vulcan for an initial period of six years.Australian lithium developer Vulcan Energy Resources Ltd said on Monday it…
A local guide to Turin: five great things to do | Turin Holidays
Silvia Ceriani lives in Turin and works for the Slow Food movement on events such as Terra Madre, Slow Cheese and the Slow Wine FairFoodCheeses at the Antica Tettoia dell'Orologio market.Nothing in Turin compares to the spectacle organized…
Rennet Market Size and Outlook 2028 | Main companies – Renco New Zealand, Chr. Hansen,…
New Jersey, United States, - A recent market research report added to the repository of verified market reports is an in-depth analysis of the Rennet market. Based on the analysis of the historical growth and current scenario of the…
UPDATE 1-Urea shortage threatens South Korea’s transportation and energy industries
(Add quotes from a local truck driver)By Sangmi Cha and Heekyong YangSEOUL, Nov. 9 (Reuters) - South Korea is sending a military tanker to Australia this week to airlift 27,000 liters of urea solution, used in diesel vehicles and factories…
Shortage of Walkers Chips Could Last Until End of Month After Computer Glitch | Food industry
UK buyers could face shortages of some of their favorite chips until the end of the month after a botched IT upgrade disrupted the world's largest chip factory.Walkers were forced to prioritize its most popular varieties - including cheese…
China, shipping and Brexit: why the UK could face a shortage of Christmas toys | China
AAt a toy factory in southeast China, boxes of plastic dart guns are stacked on the floor. Sometimes so many packages pile up that they stretch out across the production area, slowing down the work of making more toys.What to do with all…
Factory strike that threatened UK supply of Coca Cola bottles dropped following new wage deal
Strike action at a factory in Wigan that makes bottles for Coca Cola has been called off. Union members have reached a pay deal with bosses at Alpla UK plastics factory in Golborne after 150 workers threatened to withdraw. The factory makes!-->…
Manufacturing growth near record high again
Factory activity growth returned to all-time highs in October despite production remaining constrained by supply delays and input and output price inflation reaching new record levels, revealed an investigation today.
The AIB IHS Markit…
Fresno businesses tackle supply chain disruption and climate change – GV Wire
In the same way that the COVID-19 strain has made its way to every corner of the world, the broken supply chain induced by the pandemic has landed right here in Fresno.
Trade delays, transportation costs and labor constraints create…
Manufacturing activity in central US accelerated in October – Kansas City Fed
By Xavier Fontdegloria Factory activity in the central region of the United States accelerated in October from the previous month, according to data from a survey compiled by the Federal Reserve Bank of Kansas City released…
Could circularity in business protect the planet and people?
Editor's Note: This article is sponsored by VF Corporation.
Imagine if your favorite hiking shoes, t-shirts, and other clothing could give back to the world more than they took.
What if the wool, leather, rubber, or cotton in your boots…
Supply Chain Excellence Awards launched for 2021
The fourth edition of the “Bangladesh Supply Chain Excellence Awards 2021” was launched yesterday to recognize outstanding individuals and organizations for their outstanding contributions to advancing supply chain knowledge and practices…
The simplicity of Crocs clogs makes them largely immune to supply chain issues and Covid plant…
Iconic Crocs clogs. Dina Rudick / The Boston Globe via Getty Images The simple design of Crocs' iconic clogs means they're easy to make, says its CEO.This meant it was easy to move manufacturing elsewhere when factories…
The supply chain crisis: what’s going on?
How serious is the problem? In 2021, UK consumers saw gaps in supermarket shelves, queues at petrol pumps and shortages of goods ranging from cars, refrigerators and building materials to McDonald's toys and milkshakes. Shortages and…
Tesla warns factory openings won’t be easy, posts record profits
A Tesla vehicle drives past Tesla's main vehicle plant after CEO Elon Musk announced he was challenging local government restrictions on coronavirus disease (COVID-19) by reopening the Fremont plant, California, USA, May 11, 2020. REUTERS /…
Popular cookware maker may be forced to sell if supply chain issues persist
Find out what clicks on FoxBusiness.com.
A small business owner whose popular kitchen products can be found online at Amazon, Target, and Walmart may be forced to sell their business if serious supply chain issues persist. Susan…
Foreign investment rebounds but overloaded factories go missing
Foreign investment by businesses around the world surged in the first six months of 2021 as wealthy economies rebounded strongly from the effects of the pandemic, but new bets on manufacturing fell despite widespread…
China’s energy crisis threatens long disruption in global supply chain
Factory owners in China and their customers around the world have been urged to prepare to make power disruptions a part of life as President Xi Jinping stubbornly wards off the world's second-largest economy from its dependence on…
TSMC shares soar on earnings estimates and Japan factory deal, Auto News, ET Auto
With much of TSMC's production concentrated in Taiwan, many countries have courted the company to build foundries in their territories.Taipei - Shares of Taiwanese chip giant TSMC soared on Friday, posting better-than-expected profits for…
Dog Bakery in Southington’s Factory Square
SOUTHINGTON - A dog bakery and pet supply store spanning South Windsor is planning to be the latest addition to Factory Square on Center Street.Owners Laurie Surprenant and Amy Kenkel opened Leaps & Bones at Evergreen Walk in 2008.“We…
September consumer price index: inflation is on the rise
The growls show no clear signs of abating, and while Fed officials still believe inflation will subside, there is growing concern that supply disruptions may last long enough to spur consumers and businesses to expect higher prices. If…
Vietnam to slow global supply chains despite lockdown lifted
After nearly three months of lockdown, Vietnamese towns and villages, offices and factories are slowly coming back to life after social distancing restrictions were relaxed in early October. However, labor shortage issues continue to…
Global coal shortage could hit Nepal too, manufacturers say
India is on the brink of an unprecedented energy crisis as its coal stocks, which power more than half of the country's 135 coal-fired power plants, are at a critical level. The coal shortage in India, where 70% of electricity is produced…
Stock investors fear supply chain issues could hurt profits
(Bloomberg) - Reopening demand and abandoned containers have created bottlenecks in supply chains just as the holiday shopping season kicks off in North America. It also leads to downward revisions to analysts' estimates for the next…
Japanese, US business leaders call for improved supply chains
Japanese and US business leaders agreed on Thursday that supply chains for essentials need to be further diversified among like-minded countries as the coronavirus pandemic has exposed vulnerabilities.After two days of talks, the…
Toy makers rush to put products on shelves amid supply caps
NEW YORK (AP) - Three months before Christmas, toy company Basic Fun has made an unprecedented decision to leave a third of its iconic Tonka Mighty dump trucks destined for U.S. store shelves in China.Why? With soaring prices for shipping…