Tag Archives: manufacturing

[unable to retrieve full-text content]Stocks Fall and Bonds Rise Amid Weak Manufacturing: Markets Wrap (Bloomberg)  Yahoo Finance Source link

Google is eyeing moving some production of its Pixel smartphone lineup to India, according to a report, the latest in a series of phonemakers with growing ambitions to locally assemble their handsets in the world’s second largest market. The Android-maker has solicited bids from manufacturers to assemble between 500,000 and 1 million units of the Pixel smartphone, The Information reported Monday. The proposed bid accounts for Pixel’s 10-20% of annual… Source link

Imagine a startup co-founded by father and son engineers, based in the U.S., making a world-class, record-beating hypercar. Now, imagine the car’s underpinnings are 3D-printed metallic, designed by artificial intelligence, and assembled by robots. It sounds far-fetched, even for Silicon Valley, but the team of Kevin Czinger and Lukas Czinger have done just that. Czinger 21C (Credit: Czinger) Yahoo Finance had the chance to visit the Czinger vehicles factory near Los Angeles, California, -… Source link

President Biden signed an executive order on June 6 that invoked the Defense Production Act to accelerate domestic production of solar parts. The action, taken in conjunction with a two-year pause on additional solar tariffs from 4 southeast Asian countries, signaled the administration’s public commitment to reduce U.S. reliance on foreign imports in a market dominated by the Chinese. “What the president’s plan does is it keeps the jobs that we already have in the U.S., in U.S. manufacturing… Source link

– Selects Indiana as Location for New Tempur Plant – Fourth Manufacturing Facility Added in North America in the Last Twelve Months LEXINGTON, Ky., June 7, 2021 /PRNewswire/ — Tempur Sealy International, Inc. (NYSE: TPX, “Tempur Sealy” or the “Company”) today announced that it has selected Crawfordsville, Indiana as the site for its previously-announced third domestic foam-pouring plant. The new state-of-the-art plant is expected to be the largest Tempur Sealy manufacturing facility in the… Source link

Even as Nashville burnishes its tech reputation — see Oracle’s 8,500-job commitment as the latest example — Silicon Valley investors have asked Enexor BioEnergy CEO Lee Jestings why his company is in Middle Tennessee. He has told it’s an optimal place to do business and build a team and the proof is in the pudding. “We’re sort of on a winning streak,” Jestings told the Home Page of his renewable energy startup, which markets the Bio-CHP system, a… Source link

TipRanks 3 Monster Growth Stocks That Are Still Undervalued A lackluster jobs report didn’t derail the markets last week. New jobs in April totaled only 266,000, far below the 978K expected, and the official unemployment rate, which had been predicted to come in at 5.8% actually ticked up slightly to 6.1%. Even so, the tech-weighted NASDAQ gained 0.88% in Friday’s session, the broader S&P 500 was up 0.75% at the end of the day. These gains brought the S&P to a new record level, with a… Source link

SUNNYVALE, Calif. and MUNICH, April 19, 2021 /PRNewswire/ — Google Cloud and Siemens, an innovation and technology leader in industrial automation and software, today announced a new cooperation to optimize factory processes and improve productivity on the shop floor. Siemens intends to integrate Google Cloud’s leading data cloud and artificial intelligence/machine learning (AI/ML) technologies with its factory automation solutions to help manufacturers innovate for the future. Data… Source link

Indian smartphone buyers can expect to see more Google Pixel devices in the near future. A Google executive tells Economic Times that the company plans to bring larger quantities of the Pixel 4a’s successor when it launches later this year, possibly in June. Google Pixel 4a ET also reports that Google is entertaining the idea of moving some of the Pixels’ production to India for domestic sales and export. Google doubled inventory for Pixel for India last year and this year the… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, March 2, 2021 Manufacturing activity surges to a three-year high The U.S. economic recovery continues to be led by manufacturing. On Monday, IHS Markit and the Institute for Supply Management both released manufacturing activity data for February, with these reports showing the sector growing at the fastest pace in several years. The ISM’s manufacturing PMI registered a reading of 60.8,… Source link