New orders for U.S.-made goods increased for a second straight month in January, suggesting the manufacturing sector recovery was gaining momentum as rising prices for commodities spur demand for machinery. Read more
Tag Archive for: Jobs
In Batesville, Mississippi, a casket company is closing its factory and shifting production to Mexico. Read more
President Donald Trump, like many politicians before him, has an obsession with boosting the American manufacturing sector – a part of the job market that has largely been on the decline since the 1980s. That obsession endures among many voters, too, even though factory jobs are unlikely to return to their former glory because of increased competition from foreign exporters and increased automation. Read more
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
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
34,000 jobs, training for over 225,000 associates and grants for innovation in textile manufacturing. 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
Joe Max Higgins is credited with generating about 6,000 manufacturing jobs in Mississippi ’s Golden Triangle, one of the poorest areas in the country. How’s he doing it? 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
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