IndustryWeek

IndustryWeek

IndustryWeek delivers in-depth and reliable news about manufacturing in the United States on a daily basis. Our dedicated team of editors and industry specialists examines all aspects of this $2 trillion sector, which is experiencing significant technological changes and attracting a new generation of workers while facing global competition. A rising number of manufacturing professionals rely on IndustryWeek for the latest insights and updates on technology, operations, leadership, supply chain, and workforce management.

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  • 3 days ago | industryweek.com | Jennifer Ramsay

    It’s no secret that Rivian has made large strides in reducing its expenses. In Q4 2024, the company posted its first profitable quarter. For the full year, it reduced operating expenses by $220 million compared to 2023. On the vehicle-specific side, teams managed to cut their automotive sector’s cost of goods sold per unit by $31,000.

  • 6 days ago | industryweek.com | Josh Fisher

    Mack Trucks has announced it will lay off 250 to 350 union workers at its Lehigh Valley Operations center near Allentown, Pennsylvania. The layoffs, which will occur over the next 90 days, are in response to uncertainty about demand and freight rates, possible regulatory changes and tariffs, according to a Mack spokesperson.

  • 1 week ago | industryweek.com | Dennis Scimeca

    John Deere, founded in 1837, is best known for manufacturing heavy machinery for agriculture, construction and forestry. The company has evolved from manufacturing steel plows to selling smart farming systems and breaking ground on the development of fully autonomous tractors. While the term 5G has for years been familiar to anyone that uses smartphones, tablets and other consumer electronics, 5G technology is still finding its place in the manufacturing world.

  • 1 week ago | industryweek.com | Jennifer Ramsay

    Lucid Group announced Friday it had won a bid to buy “select facilities and assets” previously held by hydrogen truck maker Nikola in a bankruptcy auction. The transaction doesn’t include Nikola’s business, customer base or technology related to its vehicles. Nikola first announced its bankruptcy last month shortly after offloading some of its battery assets to fellow EV manufacturer Mullen Automotive. The auction closed on April 10 as leaders sought a quick asset sale.

  • 2 weeks ago | industryweek.com | Anna Smith

    IndustryWeek has previously reported on new plant announcements in the manufacturing sector. Last month, several new expansions caught our attention, so we have compiled a list of these facility announcements made in March. Mitsubishi Electric Power Products Inc. (MEPPI) in March broke ground on a new 160,000 square-foot switchgear factory in New Galilee, Pennsylvania. The $86 million facility is expected to create at least 200 new jobs in the Pittsburgh region.