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

10 manufacturing acquisitions to know from Q1

1 week ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Manufacturing merger and acquisition activity started strong in the first quarter, with leading deals including Honeywell's $2.2 billion acquisition of heatpump maker Sundyne and Siemens' $10 billion acquisition of Altair Engineering.
Trump administration ordered to resume IRA funding

1 week ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. A federal judge Tuesday ordered the Trump administration to take “immediate steps” to reinstate already awarded funding from the Inflation Reduction Act and the Infrastructure Investment and Jobs Act, after the president broadly froze the disbursements on his first day in office.
Nvidia to spend $500B to manufacture AI chips in US

1 week ago | constructiondive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Nvidia will manufacture some of its artificial intelligence chips in the United States for the first time, the company announced on Monday. The chipmaker, which previously produced most of its chips in Taiwan, plans to invest up to $500 billion worth of AI infrastructure in the U.S. over the next four years.
Intel to sell majority stake in Altera for $4.46B

1 week ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Intel is selling its majority stake in programmable chip maker Altera as the beleaguered semiconductor company works to rightsize its finances. The roughly $4.46 billion sale to private equity firm Silver Lake will give the tech-focused investment company 51% control of Altera, while Intel will retain a 49% stake. The transaction is expected to close in the second half of 2025.
Nvidia to spend $500B to manufacture AI chips in US

1 week ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Nvidia will manufacture some of its artificial intelligence chips in the United States for the first time, the company announced on Monday. The chipmaker, which previously produced most of its chips in Taiwan, plans to invest up to $500 billion worth of AI infrastructure in the U.S. over the next four years.
Trump orders review of Nippon-US Steel deal

2 weeks ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. President Donald Trump ordered a federal review of Japan-based Nippon Steel's acquisition bid of U.S. Steel on Monday, raising the notion that the deal could be revived. The presidential action comes after former President Joe Biden blocked the $14.9 billion deal in January, citing national security concerns.
A ‘wobbly’ moment in business: Manufacturers face life under Trump’s tariffs

2 weeks ago | supplychaindive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Manufacturing industry observers have long speculated about how heightened tariffs could impact U.S. companies, and whether President Donald Trump's bet that the duties would spur a new era of domestic production would prove true.
A ‘wobbly’ moment in business: Manufacturers face life under Trump’s tariffs

2 weeks ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Industry observers have long speculated about how heightened tariffs could impact U.S. manufacturers, and whether President Donald Trump's bet that the duties would spur a new era of domestic production would prove true. Now that the president has imposed a slew of new tariffs, including a 10% baseline tax on all imports, the industry is trying to understand how the policies could impact both supply costs and consumer demand.
Cleveland-Cliffs trims workforce as tariffs hit demand

3 weeks ago | supplychaindive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Cleveland-Cliffs is laying off workers in Michigan and Minnesota as the steelmaker attempts to mitigate the knock-on effects of the Trump administration's tariffs on steel and auto imports. The company plans to idle some operations at its Dearborn, Michigan, plant due to falling automotive demand, leading to 600 job cuts, according to an emailed company statement.
Manufacturing economy stalls amid tariff confusion: PMI

3 weeks ago | manufacturingdive.com | Kate Magill

This audio is auto-generated. Please let us know if you have feedback. Manufacturing industry performance dipped back into economic contraction in March, as companies grappled with the uncertainty surrounding the Trump administration's tariff regime. After seeing modest production and demand gains in February, the Institute for Supply Management’s Purchasing Managers’ Index registered49% in March, down 1.3 percentage points from the previous month.