Procurement: Page 7

  • The Intel logo is displayed outside of the Intel headquarters
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    Justin Sullivan via Getty Images
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    Intel revamps its manufacturing business in pursuit of contract chipmaker growth

    The segment will operate as a standalone unit, underpinning the semiconductor firm's fledgling foundry business.

    By • June 28, 2023
  • 3M headquarters in Minnesota
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    Courtesy of 3M.

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    3M brings in new procurement head

    The company hired Kelly Bysouth, former chief supply chain officer at automotive supplier IAC Group, as SVP of strategic sourcing and packaging solutions.

    By Ben Unglesbee • June 26, 2023
  • Pictured are Three sizes cylindrical batteries produced by Panasonic for electric vehicles.
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    Courtesy of Mazda Motor Corporation
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    Mazda, Panasonic discuss long-term EV battery deal

    If an agreement is reached, Panasonic will manufacture lithium-ion batteries for the automaker in 2025 as it looks to ramp up its electrification plans.  

    By • June 23, 2023
  • Volkswagen ID.3 electric cars stand in the storage tower following assembly at the "Gläserne Manufaktur" ("Glass Manufactory") production facility on June 08, 2021 in Dresden, Germany.
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    Sean Gallup via Getty Images
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    Why automakers are fretting over four words in the Inflation Reduction Act

    A prohibition on sourcing material from “foreign entities of concern” is causing apprehension among companies reliant on China, a critical mineral powerhouse.

    By • June 16, 2023
  • A jet comes in for landing at Los Angeles International Airport (LAX) in Los Angeles, California.
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    David McNew via Getty Images
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    Aerospace supplier bankruptcy sends warning signal to manufacturers

    Incora took on heavy costs, which fueled profit loss as shipment delays in the industry spiraled.

    By Ben Unglesbee • June 14, 2023
  • Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center.
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    Bill Pugliano via Getty Images
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    Ford and GM execs have lingering questions about the Inflation Reduction Act

    Automakers are anxiously awaiting further federal guidance on how to ensure their vehicles qualify for EV consumer tax credits.

    By • June 14, 2023
  • A Chevy pickup truck drives off the assembly line of the General Motors Flint Assembly Plant January 24, 2011 in Flint, Michigan.
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    Bill Pugliano via Getty Images
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    GM signs steel deal with ArcelorMittal North America

    The steelmaker will supply the auto company with material produced from at least 70% scrap.

    By • June 12, 2023
  • A General Motors Hummer EV chassis outside of an event in Lansing, Michigan where CEO Mary Barra announced a $7 billion investment in EVs and battery production.
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    Bill Pugliano via Getty Images
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    GM invests over $1B to boost EV battery production

    The automaker and its joint venture partner POSCO Future M want to increase the production of cathode active material.

    By • June 7, 2023
  • A 2022 Mustang Mach-E premium ice white edition
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    Courtesy of Mustang Ice White Appearance Package
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    Ford inks long-term lithium supply contracts

    The automaker announced deals lasting through at least 2034 in three different countries.

    By • May 30, 2023
  • A worker at Nextracker's dedicated MSS Steel Tubes Factory.
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    Courtesy of Nextracker
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    Solar solutions provider commissions Tennessee tube mill for parts

    Nextracker has secured a dedicated production line at MMS Steel Tubes USA’s first U.S. factory for steel torque tubes.

    By • May 30, 2023
  • A 2021 Jeep Grand Cherokee goes through assembly at the Stellantis Detroit Assembly Complex-Mack on June 10, 2021 in Detroit, Michigan.
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    Bill Pugliano via Getty Images
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    Stellantis inks development deal with lithium-sulfur battery maker

    Lyten and the EV maker aim to bring the batteries to market by the second half of the decade.

    By • May 30, 2023
  • Image of an old fax machine, circa 1980.
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    luoman via Getty Images
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    Deep Dive

    Out of fashion: Apparel manufacturing needs a tech update

    Tied to fax machines and Excel spreadsheets, many companies are resistant to change and slow to adapt to new ways of doing business.

    By Krishna Thakker • May 15, 2023
  • Quality control worker analyzing machine part on a manufacturing machine
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    skynesher via Getty Images
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    Sponsored by Fictiv

    Bring your products to market faster with a vetted supplier network

    Having a vetted, consistent and readily available network of experts and suppliers makes it faster, easier and more efficient to source custom-manufactured parts whenever you need them. 

    May 15, 2023
  • Westwater Resources' Kellyton graphite processing plant is under construction outside Alexander City, Alabama.
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    Courtesy of SK On
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    SK On, Westwater Resources sign graphite supply deal

    The agreement is the battery maker’s second graphite supplier partnership announced this year.

    By • May 10, 2023
  • A Gulfstream aircraft flies in the air with a blue sky behind it.
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    Courtesy of Gulfstream
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    General Dynamics calls out supplier Honeywell for late deliveries

    Due to the delay in parts, the aerospace and defense giant is unable to increase its build rate until supply is more predictable.

    By • May 3, 2023
  • Seurat's print chamber.
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    Courtesy of Seurat Technologies
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    Siemens Energy taps startup for additive manufacturing services

    Massachusetts-based Seurat Technologies will produce gas turbine parts for the German energy company.

    By • May 2, 2023
  • legal liability
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    Stephen Brashear / Stringer via Getty Images
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    Boeing sends Spirit Aerosystems cash and manufacturing help after quality snag

    The contract manufacturer found issues with a fuselage part in the rear of certain aircraft, causing delays in the delivery of some 737 aircraft.

    By • May 2, 2023
  • Modern car production line with robotic arms welding components 3D render and two workers with yellow helmets blurred in the background.
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    studio-fi/iStock via Getty Images
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    Manufacturing industry performance holds largely stable in April

    S&P Global's PMI index registered growth for the first time since October 2022, but economists remain uncertain about the future.

    By • May 1, 2023
  • Executives from Hyundai Motor Group and SK On pose with signed memorandum of understanding at SK Group Headquarters in November.
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    Courtesy of Hyundai Motor Group
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    Hyundai and SK On plan $5B Georgia EV battery plant

    The venture will supply batteries to power Hyundai, Kia and Genesis EVs by the second half of 2025.

    By • April 25, 2023
  • Dishes of food including spaghetti and meatballs, meat curry, pasta with meat sauce, rice and frisee salad fill a table. Four hands with utensils are scooping up some of the food.
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    Courtesy of Marlow Ingredients
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    Fungi-based meat becomes widely available to food manufacturers

    Quorn mycoprotein will now be sold by its creator Marlow Foods in its new ingredients division.

    By Megan Poinski • April 25, 2023
  • The Tesla gigafactory in Nevada.
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    Courtesy of Tesla
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    Tesla says lack of lithium refining capacity will become EV production ‘choke point’

    The EV maker is expanding its lithium production in the U.S. and calling on other companies to do so, too.

    By • April 24, 2023
  • Vial filling of batches in development at Sanofi's facility in Swiftwater, Pennslyvania
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    Courtesy of Sanofi Pasteur
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    Sanofi breaks ground on Pennsylvania flu vaccine facility

    The new site will support federal efforts to boost domestic production of influenza shots. 

    By • April 13, 2023
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    Bill Pugliano/Getty Images via Getty Images
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    GM invests in lithium maker to bolster EV materials supply

    Startup EnergyX will provide the automaker with critical minerals sourced from mines in North America and South America.

    By • April 12, 2023
  • A birdseye view of a bunch of open cans with canned food inside.
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    OlenaMykhaylova via Getty Images
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    Conagra manufacturing disruption spurs canned food shortages

    Issues securing and ensuring quality cans affected the availability of multiple products.

    By • April 11, 2023
  • A 2022 Mustang Mach-E premium ice white edition
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    Courtesy of Mustang Ice White Appearance Package
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    Ford invests in Indonesia nickel supplier to shore up critical EV battery materials

    The automaker aims to bolster its supply chain as it builds two major EV manufacturing hubs.

    By • April 5, 2023