Kate Magill

Washington, D.C., United States

Editor @SupplyChainDive, @ManufactureDive, @TransportDive | Proudly past @AmChamSh, @BaltSunMedia. | Like talking about supply chains, China, sometimes both

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Articles

Manufacturing continues to stall as the industry grapples with tariff uncertainty: PMI

5 days ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. The manufacturing industry's monthslong struggle with the Trump administration's tariff policies continued in May, with demand still down and prices up, according to the Institute for Supply Management’s May Purchasing Managers’ Index. ISM's index registered 48.5% in May, down 0.2 percentage points compared to the month before. A PMI index below 50.0% shows an industry in contraction.
Nvidia logs 69% Q1 revenue jump despite Trump export controls

1 week ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Nvidia had another blockbuster quarter, with revenue up 69% year over year to $44.1 billion in Q1 of the company’s 2026 fiscal year. The jump was largely fueled by continued data center demand, which spiked 73% YOY to $39.1 billion. The company’s success comes despite recent export controls placed on H20 artificial intelligence chips to China, costing it $4.5 billion in Q1 due to excess inventory and purchase obligations.
Trump backs Nippon-US Steel ‘planned partnership’

1 week ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. U.S. Steel and Nippon will enter into a "planned partnership" as part of a $14 billion deal, President Donald Trump announced Friday. The agreement, detailed by the president in a Truth Social post, will create at least 70,000 jobs. The bulk of the investment is expected to come in the next 14 months. Trump also teased an upcoming rally at U.S. Steel's headquarters in Pittsburgh on Friday.
Sanmina to acquire ZT Systems’ data center business from AMD

2 weeks ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Manufacturing solutions company Sanmina announced Monday that it plans to acquire ZT Systems' data center infrastructure manufacturing business from Advanced Micro Devices for up to $3 billion. Sanmina will pay AMD $2.55 billion in cash for the business, as well as a $450 million contingent consideration. AMD will retain ownership of ZT Systems' AI systems design businesses.
Tariffs push manufacturing into stagnation through 2025: ISM forecast

2 weeks ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Manufacturing revenue will remain relatively flat through the end of the year, according to an economic forecast out last week from the Institute for Supply Management. Revenue for the year is slated to grow by only 0.1%, as tariffs drive up prices and spread uncertainty. The outlook is a significant drop from ISM’s annual forecast for 4.2% growth shared in December, and lower than the 0.8% growth seen last year.
Utz’s supply chain overhaul helps nullify tariff impact

2 weeks ago | supplychaindive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Food manufacturer Utz held firm in its 2025 financial guidance in its Q1 earnings report, aiming for net sales growth in the low single-digits. Given that the company sources nearly all of its inputs domestically and operates all factories in the U.S., CEO Howard Friedman said in a statement Utz expects to incur only a “modest impact” from the tariffs on its business.
House Republican budget proposal slashes IRA tax credits, boosts R&D expensing

3 weeks ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Republicans in the House of Representatives unveiled their budget proposal this week, which seeks to cut Inflation Reduction Act funding while protecting and expanding industry-friendly tax rates and expenses. Regardingspecific industry-related tax policies, the House Committee on Ways and Means proposal focuses on allowing manufacturers to fully and immediately expense more activities.
Merck Animal Health to open $895M Kansas factory

3 weeks ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Merck plans to spend $895 million to expand a De Soto, Kansas, manufacturing facility for its animal health segment, the company announced last week. The 200,000-square-foot plant, operated by Merck Animal Health, will open within an existing Merck facility as part of an $860 million investment at the site. The company will also establish a $35 million research and development center.
Utz holds financial guidance amid tariffs

3 weeks ago | fooddive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Food manufacturer Utz held firm in its 2025 financial guidance in its Q1 earnings report, aiming for net sales growth in the low single-digits. Given that the company sources nearly all of its inputs domestically and operates all factories in the U.S., CEO Howard Friedman said in a statement Utz expects to incur only a “modest impact” from the tariffs on its business.
Panasonic to lay off 10K workers globally

3 weeks ago | finance.yahoo.com | Kate Magill

This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Panasonic Holdings plans to lay off 10,000 workers around the globe as part of a corporate restructuring, the electronics maker announced on Friday. The company aims to cut 5,000 workers in its home country of Japan, as well as 5,000 workers at other locations around the world.