Japanese display maker Sharp Corp may start building a $7 billion plant in the United States in the first half of 2017, taking the lead on a project initially outlined by its Taiwanese parent Foxconn, a person with knowledge of the plan said. Read more
A proposed overhaul of the U.S. tax code favored by Republicans in the House of Representatives is drawing fire from small-business owners who sell everything from toys to materials used in kitchen cabinets.
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Key iPhone assembler Hon Hai Precision Industry is mulling a joint investment with Apple topping $7 billion for a highly automated display facility in the U.S., Chairman Terry Gou said Sunday. Read more
General Motors today announced that it will invest an additional $1 billion in U.S. manufacturing operations. These investments follow $2.9 billion announced in 2016 and more than $21 billion GM has invested in its U.S. operations since 2009. Read more
Two old names are getting a new lease on life. Ford Motor said Tuesday morning it would return the once wildly popular Bronco SUV to its line-up, along with a new version of the Ranger pickup truck. Read more
Fiat Chrysler Automobiles NV will invest $1 billion toward making three new Jeep models in the U.S., plus a Ram heavy-duty pickup now built in Mexico, as President-elect Donald Trump pressures the auto industry to hire workers and produce vehicles above the border. Read more
One of the nation’s best-known toolmakers, Stanley Black & Decker, said Thursday that it will move more manufacturing back to the U.S. from overseas, including construction of a new $35 million factory after acquiring the Craftsman brand from ailing retailer Sears Holdings. Read more
The world’s largest contract assembler of consumer electronics, including the Apple iPhone, says it’s in talks to invest in a US assembly, responding to Trump’s tweets to bring jobs home. Read more
It began as a ripple and is becoming a powerful wave. I’m talking about the reverse migration of manufacturing from China to the U.S.A. — known as reshoring — that appears to be gaining momentum.
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“Made in America” isn’t just the name of a song anymore. Whether out of a sense of patriotism, a desire to help the American economy or the belief that U.S.-made products are of higher quality, consumers of everything from clothes to computers increasingly want to see a “Made in the USA” sticker on the items they buy. Read more
