Ukrainian President Tours American War Complex Factory Making Artillery Shells in Pennsylvania
SCRANTON, PA – This weekend, during a tour of the Scranton Army Ammunition Plant in Pennsylvania, Ukrainian President Volodymyr Zelenskyy expressed his gratitude for the artillery shells and other munitions being produced…
Philly Pretzel Factory Announces Partnership with Philadelphia Eagles
Two Iconic Philly Favorites Join Forces as Philly Pretzel Factory Debuts Inside Lincoln Financial Field Philadelphia, PA (PRESS RELEASE) Philly Pretzel Factory, the nation’s largest Philly-style pretzel brand, announces a partnership with…
Electrolux agrees to sell idle factory in Memphis in the US
STOCKHOLM (Reuters) – Electrolux, Europe’s biggest appliances maker, has agreed to sell its idle factory in Memphis in the United States for $82.5 million, it said in a statement. The Swedish group…
Turkish factory output rises 1% yr-on-yr in August
ISTANBUL (Reuters) – Turkish industrial production expanded 1% year-on-year in August, data showed on Wednesday, extending its rise for a 26th consecutive month against a background of surging inflation and lira weakness.…
France taps strategic fuel stocks to avoid sugar factory stoppages
By Sybille de La Hamaide PARIS (Reuters) – France has released strategic fuel reserves for sugar producers after they warned that a lack of diesel impacting the harvesting of sugar beet could…
S.Korea factory activity weakens for third month in Sept – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for a third straight month in September, and by the sharpest pace in more than two years, amid weakening global demand, a private-sector survey…
Canadian factory activity shrinks for 2nd month as rate hikes weigh
By Fergal Smith TORONTO (Reuters) – Canadian manufacturing activity contracted for a second straight month in September as higher borrowing costs and an uncertain economic outlook contributed to a drop in new…
Greek September factory activity declines, output, new orders fall – PMI
ATHENS (Reuters) – Greek manufacturing activity shrank slightly in September after falls in production and new orders as higher selling prices dampened customer spending and demand, a survey showed on Monday. S&P…
Turkish factory activity contracts for seventh straight month in Sept -PMI
ISTANBUL (Reuters) – Turkish factory activity contracted for a seventh consecutive month in September as weak demand slowed down output and purchasing activity, a business survey showed on Monday. Turkey’s Purchasing Managers’…
India Sept factory growth cooled to 3-month low as demand softens-PMI
By Anant Chandak BENGALURU (Reuters) – India’s factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong business confidence,…
China’s Sept factory activity contracts more sharply as demand slumps – Caixin PMI
BEIJING (Reuters) – China’s factory activity contracted at a sharper pace in September as strict COVID lockdowns disrupted production and dampened sales, a private sector survey showed on Friday. Weakening global demand…
S.Korea Aug factory output shrinks more than expected, retail sales jump
SEOUL (Reuters) – South Korea’s factory production shrank for a second month in August, missing expectations, while retail sales jumped, government data showed on Friday. The country’s industrial output fell 1.8% on…
Printing the future: New factory tech reshapes the U.S. industrial economy
By Timothy Aeppel DEVENS, Mass. (Reuters) – The giant machines churning out metal parts on this factory floor do not bang or clang – or make any other noise usually associated with…
Canada July factory sales drop 0.9% on metals, petroleum
(Reuters) – Canadian factory sales fell 0.9% in July from June, mainly due to decreases in primary metal industries and petroleum and coal products, Statistics Canada said on Wednesday. It was the…
Nissan extends suspension of Russia factory for three months
TOKYO (Reuters) -Japanese automaker Nissan will extend its suspension of an assembly plant in Saint Petersberg, Russia, for three months until late December, it said on Monday. “Production is suspended at St…
Tesla Seeks Texas Tax Break For New Battery Factory
Tesla Seeks Texas Tax Break For New Battery Factory Jack McEvoy on September 9, 2022 Tesla is considering building its new lithium refinery on the Texas Gulf Coast and is looking to…
Chip maker Wolfspeed to build new U.S. factory to meet surging EV demand
By Jane Lanhee Lee (Reuters) – U.S. power chip maker Wolfspeed Inc on Friday said it will build a new multi-billion dollar factory in Chatham County, North Carolina to make the raw…
Pittsburgh Police searching for suspect who threatened to shoot employee at Burlington Coat Factory
PITTSBURGH, PA – the Pittsburgh Police Department is searching for a suspect who drew a gun and threatened to shoot a store employee at the Burlington Coat Factory after he was caught…
U.S. factory orders drop in July on defense aircraft
WASHINGTON (Reuters) – New orders for U.S.-manufactured goods unexpectedly fell in July, weighed down by a plunge in defense aircraft bookings, but the overall manufacturing industry remains resilient. The Commerce Department said…
Canada factory activity shrinks on sagging output, new orders
OTTAWA (Reuters) – Canadian manufacturing activity contracted in August for the first time since the early stages of the COVID-19 pandemic, amid stronger declines in output and new orders, and the first…
Russian factory activity rebounds at pre-Feb 24 rate – PMI
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) – Activity in the Russian manufacturing sector increased in August at the fastest…
China’s August factory activity shrinks as orders weaken – Caixin PMI
BEIJING (Reuters) – China’s factory activity contracted for the first time in three months in August amid weakening demand, while power shortages and fresh COVID-19 flare-ups disrupted production, a private sector survey…
S.Korea Aug factory activity shrinks by most in two years – PMI
SEOUL, Sep 1 (Reuters) – South Korea’s factory activity shrank in August by the sharpest pace in two years, on weakening demand amid high inflation, rising interest rates and the war in…
Yet Another Automaker Picks A Red State For Its Multi-Billion Dollar EV Factory
Yet Another Automaker Picks A Red State For Its Multi-Billion Dollar EV Factory John Hugh DeMastri on August 29, 2022 Honda and battery maker LG announced plans for a $4.4 billion electric…
Corning to build new Arizona optical cable factory ahead of U.S. broadband push
By David Shepardson WASHINGTON (Reuters) – Corning Inc announced plans on Tuesday to build a new optical cable manufacturing plant in Arizona as the U.S. government moves to award $42 billion to…
China’s August factory activity likely shrank amid COVID flare-ups, property crisis – Reuters poll
BEIJING (Reuters) – China’s factory activity likely contracted again in August, a Reuters poll showed on Monday, as COVID flare-ups and a distressed property sector pummelled demand while a power crunch in…
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