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The recent shift in global industrial geopolitics centres on the Hanwha Ocean case, as China announced sweeping shipbuilding sanctions on five U.S.-linked subsidiaries of this South Korean shipbuilder. According to the Ministry of Commerce of the People’s Republic of China, these subsidiaries aided a U.S. trade investigation that China sees as a threat to its…
Global healthcare giant Merck & Co. has officially broken ground on its new Merck manufacturing facility in Elkton, Virginia. This massive $3 billion project promises to reshape the U.S. pharmaceutical landscape. The new plant will focus on producing cutting-edge biologics and vaccines, marking one of the company’s largest investments in American manufacturing. The Merck manufacturing…
Global Firms Grapple with Soaring U.S. Tariff Costs Global companies are feeling the squeeze as U.S. tariff costs soar past $35 billion, according to recent reports. The trade landscape is shifting rapidly, and while the numbers sound alarming, there’s a surprising twist — the outlook is slowly stabilizing. Industries from automotive to electronics have been…
In a surprising turn, global pharmaceutical leader Novo Nordisk has announced job cuts at its U.S. plant in Clayton, North Carolina, as part of a broader company-wide restructuring. While the exact number of layoffs remains undisclosed, reports suggest that several production-line workers are being affected. The decision comes amid the company’s push to streamline operations…
Amkor Technology has officially broken ground on its advanced semiconductor campus in Peoria, Arizona — marking one of the most significant milestones in America’s ongoing push to strengthen its domestic chipmaking ecosystem. The new facility, valued at over $2 billion, is set to become a cornerstone for advanced packaging and testing, bringing hundreds of high-tech…
The U.S. administration has announced a bold trade move: starting November 1, U.S. truck tariffs on medium- and heavy-duty imports will increase to 25%. This policy, aimed at strengthening domestic manufacturing, is expected to have a ripple effect on the global trucking industry. For companies that rely on imported heavy trucks, these new U.S. truck…
To restore America’s dominance in semiconductor production, Intel has announced a massive $32 billion investment to strengthen U.S. chipmaking. The company plans to build two advanced chip fabrication plants in Arizona, marking one of the largest private manufacturing investments in American history. This ambitious plan comes as global demand for semiconductors continues to soar, driven…
In a major boost to American manufacturing, Stellantis has unveiled plans for a massive $10 billion U.S. auto investment aimed at reviving plants, launching new vehicle lines, and expanding its EV production capacity. This bold step signals a strong vote of confidence in the future of American car manufacturing at a time when the industry…
A growing number of foreign companies are ramping up their U.S. presence to sidestep rising tariffs and trade tensions. With new import duties impacting everything from electronics to heavy machinery, international manufacturers are finding it smarter—and more profitable—to build, hire, and produce directly in the United States. This surge in U.S. presence reflects not only…
In a major move signalling confidence in U.S. manufacturing growth, Siemens has announced a $285 million investment to expand its production capabilities across the United States. This investment will primarily focus on enhancing facilities in California and Texas—key states driving innovation in electrification, automation, and artificial intelligence. The announcement reflects Siemens’ long-term commitment to strengthening…