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Nissan Taps Gigacasting To Cut EV Costs And Complexity

July 01
14:32 2024
    Nissan Taps Gigacasting To Cut EV Costs And Complexity

Automaker follows Tesla’s lead to reduce parts expenses by 10% and save a billion dollars in development costs.

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FAA: Boeing and Airbus Used ‘Counterfeit’ Titanium

June 14
14:18 2024
    FAA: Boeing and Airbus Used ‘Counterfeit’ Titanium

Purchased from an obscure Chinese company, material was sold with falsified documents and used in parts that went into jets from both OEMs.

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Senate Summons Boeing To Testify on Aircraft Safety

April 11
16:20 2024
    Senate Summons Boeing To Testify on Aircraft Safety

Whistleblower concerns involve changes to the fuselage assembly, which entails fitting together and fastening giant sections of the fuselage — each one produced by a different company.

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Boeing CEO Predicts Supply Chain Pressure

May 23
16:28 2023
    Boeing CEO Predicts Supply Chain Pressure

Boeing CEO Dave Calhoun said it could take until the end of 2024 to iron out supply chain problems hampering global jetliner production, Reuters reports.

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Boeing Halts Russian Titanium Purchases

March 08
12:53 2022
    Boeing Halts Russian Titanium Purchases

Boeing said it doesn’t anticipate a major disruption to aircraft output in the near term after stopping titanium purchases from Russia, Bloomberg reports.

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GM, Ford and FCA Shutter North American Factories

March 19
14:35 2020
    GM, Ford and FCA Shutter North American Factories

Detroit’s big three automakers are to shut down all factories due to fears over the coronavirus.

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U.S. Factories in China Open With Worker Shortage

February 19
10:50 2020
    U.S. Factories in China Open With Worker Shortage

U.S. factories around Shanghai will be back at work this week, but the “severe” shortage of workers due to the coronavirus will hit production and global supply chains, Bloomberg reports.

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Supply Chains Plan For Coronavirus Disruption

January 29
10:24 2020
    Supply Chains Plan For Coronavirus Disruption

Companies that rely on manufacturing from facilities in Wuhan, China, are considering alternative suppliers as facilities in the region face potential production delays.

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US Manufacturing Contracts To 2009 Level

January 03
14:24 2020
  US Manufacturing Contracts To 2009 Level

Economic activity contracted in December to lowest level in more than 10 years, according to the Institute for Supply Management.

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Fed Study Finds Trump Tariffs Backfired

December 30
10:38 2019
  Fed Study Finds Trump Tariffs Backfired

President Donald Trump’s strategy to use import tariffs to protect and boost U.S. manufacturers backfired and led to job losses and higher prices, according to a Federal Reserve study first reported by MarketWatch.

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U.S. Manufacturing Activity Stalls in November

December 02
11:35 2019
  U.S. Manufacturing Activity Stalls in November

U.S. manufacturing activity remains mired in contraction territory, according to the Institute for Supply Management.

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Trade Talks Stalled Over China’s Pledge On Ag Funds

November 14
16:09 2019
  Trade Talks Stalled Over China’s Pledge On Ag Funds

Trade talks between the U.S. and China have hit a snag over farm purchases because China leery of putting a numerical commitment in the text of an agreement, the Wall Street Journal reports.

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More Companies Blame Tariffs For Slowing Economy

July 19
21:36 2019
  More Companies Blame Tariffs For Slowing Economy

“I’m not hearing people blame the Fed as much as they’re blaming tariffs,” says CNBC’s Jim Cramer.

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U.S. Manufacturers Move Supply Chains Out of China

July 15
11:18 2019
  U.S. Manufacturers Move Supply Chains Out of China

Tariff costs prompt executives to shift production to other countries: ‘Once you move, you don’t go back,’ the Wall Street Journal reports.

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USTR Hearing: 7 Days of Tariff Testimony Begin

June 19
10:48 2019
  USTR Hearing: 7 Days of Tariff Testimony Begin

The hearings are a chance for businesses and other organizations to voice opinions surrounding the fourth list of proposed tariffs of up to 25% on $300 billion in Chinese goods.

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China’s Economic Activity Weakens Amid Tariff War

May 18
14:45 2019
  China’s Economic Activity Weakens Amid Tariff War

China’s factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth, Industrial Distribution reports.

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U.S. Manufacturing Output Unchanged in March

April 17
21:51 2019
  U.S. Manufacturing Output Unchanged in March

U.S. manufacturing output was unchanged in March after two straight monthly declines, resulting in the first quarterly drop in production since President Donald Trump was elected, Reuters reports.

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WTO: Tariff War Will Hammer Global Trade Growth

April 04
17:08 2019
  WTO: Tariff War Will Hammer Global Trade Growth

The reduced forecast for 2019 marks the second consecutive year the WTO has pared back expectations and broadly reflects similar readings from the World Bank and the International Monetary Fund.

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How Clean Manufacturing Is A Win-Win Proposition

October 25
17:01 2018
  How Clean Manufacturing Is A Win-Win Proposition

Now that more companies are realizing the financial and environmental benefits of investing in production methods and technologies that take the dirty work out of making stuff, clean manufacturing is no longer an oxymoron, Forbes reports.

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Caterpillar Says Tariffs Increasing Costs

October 23
11:23 2018
  Caterpillar Says Tariffs Increasing Costs

Industrial services powerhouse Caterpillar saw its stock price dive 8% when it gave disappointing adjusted earnings guidance for 2018, blamed partly on tariffs imposed by President Trump, The Hill reports.

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