Tag #Manufacturing

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bbc.com

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Jun 27, 13:15

Trump Organization Removes "Made in the USA" Tagline from Smartphone Website

Days after the Trump Organization announced its US-made smartphone, the "Made in the USA" tagline disappeared from its website, despite the company claiming it will still be made in America; experts previously doubted the feasibility of building it entirely in the US.

Trump Organization Removes "Made in the USA" Tagline from Smartphone Website

Days after the Trump Organization announced its US-made smartphone, the "Made in the USA" tagline disappeared from its website, despite the company claiming it will still be made in America; experts previously doubted the feasibility of building it entirely in the US.

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What are the long-term implications of this situation for claims of reshoring high-tech manufacturing to the United States?

The Trump Organization's shifting statements about the Trump T1 phone's production location indicate difficulties in fulfilling promises of US manufacturing. The controversy underscores the challenges of establishing a robust, high-tech manufacturing sector within the United States and the limitations of claims of complete "Made in the USA" manufacturing. Future attempts at reshoring phone production are likely to face similar obstacles.

news.sky.com

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Jun 19, 19:15

UK to Cut Industrial Energy Prices to Boost Competitiveness

The UK government is considering cutting industrial energy prices to match those in France and Germany, currently 46% higher than the IEA median, costing British businesses £258 per megawatt-hour in 2023. This is in response to concerns about competitiveness and potential deindustrialization.

UK to Cut Industrial Energy Prices to Boost Competitiveness

The UK government is considering cutting industrial energy prices to match those in France and Germany, currently 46% higher than the IEA median, costing British businesses £258 per megawatt-hour in 2023. This is in response to concerns about competitiveness and potential deindustrialization.

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How do the various cost components of UK industrial electricity bills contribute to the overall high price, and what are the potential mechanisms for reducing these costs?

High UK energy prices stem from several factors, including high wholesale gas prices (39% of bills), operating costs and network charges (25%), and policy costs (16%). The government is exploring solutions, potentially mirroring the existing energy supercharger scheme (60%-90% refund on network charges for some businesses) for the 200,000 UK manufacturing businesses. This move aims to address industry concerns about competitiveness and prevent deindustrialization.

bbc.com

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Jun 16, 04:14

Keen's Automated Factory: A Glimpse into the Future of American Shoe Manufacturing

Keen, a Kentucky-based shoe company, opened a new automated factory employing 24 people, highlighting the shift towards high-tech, capital-intensive manufacturing in the US to counter high labor costs and tariffs, despite the vast majority of shoe production remaining overseas.

Keen's Automated Factory: A Glimpse into the Future of American Shoe Manufacturing

Keen, a Kentucky-based shoe company, opened a new automated factory employing 24 people, highlighting the shift towards high-tech, capital-intensive manufacturing in the US to counter high labor costs and tariffs, despite the vast majority of shoe production remaining overseas.

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How do the challenges faced by Keen in reshoring production reflect broader trends in American manufacturing and the impact of globalization?

Keen's decision to reshore production, driven by rising Chinese costs and tariffs, showcases the complexities of modern manufacturing. While automation enables domestic production, it also underscores the challenges of competing with established global supply chains where the vast majority of shoe production (99%) remains overseas. The company only assembles 9% of its shoes in the US.

edition.cnn.com

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Jun 14, 04:11

Trump Approves US Steel-Nippon Steel Partnership, Securing \$11 Billion Investment

President Trump approved a \$11 billion US Steel-Nippon Steel partnership, reversing earlier opposition, to modernize US Steel's operations, secure American jobs, and maintain national security interests, with a US government "golden share" included in the deal.

Trump Approves US Steel-Nippon Steel Partnership, Securing \$11 Billion Investment

President Trump approved a \$11 billion US Steel-Nippon Steel partnership, reversing earlier opposition, to modernize US Steel's operations, secure American jobs, and maintain national security interests, with a US government "golden share" included in the deal.

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How does this partnership address the decline of US Steel and its impact on American jobs and manufacturing?

This partnership counters the decline of US Steel, once a global industrial giant, now employing only 14,000. The deal addresses concerns about mill closures and job losses by modernizing facilities and promising investment in Pennsylvania and Indiana. The US government's involvement aims to protect national economic and security interests.

smh.com.au

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Jun 13, 22:10

Apple and China: A Symbiotic Rise and Emerging Geopolitical Challenges

Apple's \$55 billion annual investment in China by 2015, training 3 million workers and leveraging China's unique manufacturing environment, propelled Apple's growth while significantly contributing to China's technological advancement and global competitiveness, creating a complex interdependence w...

Apple and China: A Symbiotic Rise and Emerging Geopolitical Challenges

Apple's \$55 billion annual investment in China by 2015, training 3 million workers and leveraging China's unique manufacturing environment, propelled Apple's growth while significantly contributing to China's technological advancement and global competitiveness, creating a complex interdependence w...

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How did Apple's investment in China's manufacturing sector transform both companies and contribute to China's technological advancements?

Apple's massive investment in China, totaling \$55 billion annually by 2015, trained 3 million Chinese workers to assemble its products and fostered the growth of a technologically advanced manufacturing sector. This collaboration propelled Apple to become a global powerhouse while simultaneously bolstering China's technological capabilities and manufacturing prowess.

ru.euronews.com

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Jun 12, 19:10

BSH Plant Closure in Spain Exposes European Deindustrialization

German home appliance manufacturer BSH will close its Eskiroze plant in northern Spain, impacting over 650 jobs and potentially relocating production to Poland or Turkey, reflecting broader European deindustrialization trends driven by high energy costs, geopolitical uncertainty, and the search for ...

BSH Plant Closure in Spain Exposes European Deindustrialization

German home appliance manufacturer BSH will close its Eskiroze plant in northern Spain, impacting over 650 jobs and potentially relocating production to Poland or Turkey, reflecting broader European deindustrialization trends driven by high energy costs, geopolitical uncertainty, and the search for ...

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How do the actions of companies like BSH reflect broader economic and geopolitical challenges within the European Union?

The BSH plant closure exemplifies a larger pattern of European companies relocating production due to factors like high energy costs, geopolitical uncertainty, and the search for lower labor costs. This trend is impacting countries like Spain, and similar moves by companies such as Audi, Volkswagen, and ArcelorMittal underscore the scale of the problem.

bbc.com

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Jun 27, 16:15

UK Military Tailor Highlights Textile Supply Chain Crisis

Samuel Brothers, a royal warrant holder, faces challenges from shrinking UK textile supply chains, increasing the cost of their £1,000 suits but emphasizing the need to support UK suppliers to avoid their disappearance, impacting the military and emergency services.

UK Military Tailor Highlights Textile Supply Chain Crisis

Samuel Brothers, a royal warrant holder, faces challenges from shrinking UK textile supply chains, increasing the cost of their £1,000 suits but emphasizing the need to support UK suppliers to avoid their disappearance, impacting the military and emergency services.

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How does Samuel Brothers' commitment to UK-made materials reflect broader challenges and potential consequences for the UK textile industry?

The decline of the UK textile industry over the past 20-30 years directly threatens businesses like Samuel Brothers. Their commitment to UK-made materials, from cloth and braids to buttons and threads, highlights the broader issue of supply chain fragility and the economic impact of offshoring. This decision, though increasing production costs, underscores the company's dedication to preserving local craftsmanship and jobs.

bbc.com

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Jun 19, 07:14

TI to Invest $60 Billion in US Chip Manufacturing

Texas Instruments (TI) will invest over $60bn in building or expanding seven US chip-making facilities in Texas and Utah, creating 60,000 jobs, in response to President Trump's pressure to boost domestic manufacturing and following a $1.6bn subsidy from the Biden administration.

TI to Invest $60 Billion in US Chip Manufacturing

Texas Instruments (TI) will invest over $60bn in building or expanding seven US chip-making facilities in Texas and Utah, creating 60,000 jobs, in response to President Trump's pressure to boost domestic manufacturing and following a $1.6bn subsidy from the Biden administration.

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What is the significance of TI's $60 billion investment in US semiconductor manufacturing, and what immediate impacts will it have?

Texas Instruments (TI) announced a $60 billion investment to expand its US semiconductor manufacturing capacity, creating 60,000 jobs across Texas and Utah. This is touted as the largest such investment in US history, driven partly by government incentives and pressure to increase domestic production.

dw.com

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Jun 14, 19:13

Saudi Arabia's Manufacturing Ambitions: A Response to Global Trade Shifts

Saudi Arabia and the UAE are aggressively courting foreign manufacturers, particularly in high-tech sectors, to diversify their economies and capitalize on US tariffs on Chinese goods, investing billions through initiatives like Vision 2030 and the 300 Billion Operation, but face challenges from und...

Saudi Arabia's Manufacturing Ambitions: A Response to Global Trade Shifts

Saudi Arabia and the UAE are aggressively courting foreign manufacturers, particularly in high-tech sectors, to diversify their economies and capitalize on US tariffs on Chinese goods, investing billions through initiatives like Vision 2030 and the 300 Billion Operation, but face challenges from und...

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Industry, Innovation, and Infrastructure

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What are the primary economic and geopolitical factors driving Saudi Arabia's push to become a major manufacturing hub?

Made in Saudi Arabia" is gaining traction as global trade shifts. Higher US tariffs on Chinese goods have spurred Saudi Arabia and the UAE to attract manufacturing, particularly in high-tech sectors. These nations aim to diversify their economies beyond oil, leveraging their strategic location and government support.

cnn.com

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Jun 14, 04:11

Trump Approves US Steel-Nippon Steel Partnership, Securing $11 Billion Investment

President Trump approved a US Steel-Nippon Steel partnership, securing an $11 billion investment by 2028, reversing prior opposition and emphasizing American manufacturing; the deal includes a government 'golden share' for oversight.

Trump Approves US Steel-Nippon Steel Partnership, Securing $11 Billion Investment

President Trump approved a US Steel-Nippon Steel partnership, securing an $11 billion investment by 2028, reversing prior opposition and emphasizing American manufacturing; the deal includes a government 'golden share' for oversight.

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How did President Trump's approval of the deal reverse prior opposition and what role does the 'golden share' play?

This partnership, initially blocked by President Biden, was revived by Trump, reflecting his focus on a US manufacturing renaissance. The deal includes a US government 'golden share', influencing the partnership's management and ensuring national security interests are protected. The agreement involves significant investments in Pennsylvania and Indiana mills.

abcnews.go.com

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Jun 13, 01:12

JetZero to Build $4.7B North Carolina Plant, Creating 14,500 Jobs

JetZero Inc. will build a $4.7 billion manufacturing plant in Greensboro, North Carolina, creating over 14,500 jobs by 2036, producing its next-generation Z4 passenger jet, which is 50% more fuel-efficient and will be in service by the early 2030s.

JetZero to Build $4.7B North Carolina Plant, Creating 14,500 Jobs

JetZero Inc. will build a $4.7 billion manufacturing plant in Greensboro, North Carolina, creating over 14,500 jobs by 2036, producing its next-generation Z4 passenger jet, which is 50% more fuel-efficient and will be in service by the early 2030s.

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What is the immediate economic impact of JetZero's decision to build its manufacturing plant in North Carolina?

JetZero Inc., a California-based startup, will invest $4.7 billion to build its first manufacturing plant in Greensboro, North Carolina, creating over 14,500 jobs by 2036. This is the largest job commitment in North Carolina's history, exceeding previous investments and marking a significant boost to the state's economy. The plant will produce the Z4 aircraft, a next-generation passenger jet designed for 50% greater fuel efficiency than traditional models.

usa.chinadaily.com.cn

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Jun 11, 10:14

European Firms Double Down on China Amidst Global Uncertainty

European firms are increasing investments in China, leveraging its consumption upgrades, digital transformation, and green initiatives, with FDI in high-tech industries reaching $13.46 billion in the first four months of 2025, while companies like Pernod Ricard implement sustainable practices.

European Firms Double Down on China Amidst Global Uncertainty

European firms are increasing investments in China, leveraging its consumption upgrades, digital transformation, and green initiatives, with FDI in high-tech industries reaching $13.46 billion in the first four months of 2025, while companies like Pernod Ricard implement sustainable practices.

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What are the immediate economic impacts of European firms' continued investment in China's growing market?

Despite global uncertainties, European firms view China as crucial for long-term growth, adapting strategies to leverage opportunities in consumption upgrades, digital transformation, and green initiatives. French companies, with diverse investments across sectors, are expanding geographically from coastal to inland areas. Danish firms highlight China's manufacturing strengths, emphasizing its unmatched efficiency, quality, and skilled workforce.

Showing 73 to 84 of 264 results