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…
Boeing factory problems disrupt Air Force One production – WSJ
(Reuters) – Production of the new Air Force One jet by Boeing Co faced disruption early this year due to problems at the planemaker’s factory, the Wall Street Journal reported on Tuesday,…
Transportation equipment, machinery pull down U.S. factory orders in February
By Lucia Mutikani WASHINGTON – New orders for U.S.-made goods fell in February, likely because of persistent shortages of materials and a shift in spending back to services, but manufacturing remains supported…
India’s factory activity slowed in March, optimism at two-year low – PMI
By Indradip Ghosh BENGALURU – India’s factory activity expanded at a slower pace in March as rising prices meant new orders and output grew at their weakest rate since September, according to…
Euro zone March factory growth slumped, downturn possible -PMI
LONDON – Euro zone manufacturing growth slowed sharply last month as Russia’s invasion of Ukraine tightened supply chain bottlenecks, dampened demand and whacked confidence, a survey showed as soaring energy costs drove…
Tight supply chains, inflation slow Spain’s factory activity in March- PMI
MADRID – Factory activity in Spain grew for a 14th consecutive month in March though at a slower pace because of pressure on supply chains and rising inflation fuelled by the war…
S.Korea factory growth slows in March as output, export orders shrink – PMI
SEOUL – South Korea’s factory activity slowed in March, as the economic fallout from the Ukraine war added strains to firms already struggling with supply chain disruptions and inflationary pressures, a private-sector…
Japan’s March factory activity speeds up as COVID impact fades -PMI
TOKYO – Japan’s manufacturing activity grew at a faster pace from the prior month in March as domestic demand got a lift from the waning impact of the coronavirus pandemic. Activity in…
Oreo maker Mondelez says Ukrainian biscuit factory suffered ‘significant damage’
By Jessica DiNapoli NEW YORK – Oreo cookie maker Mondelez International Inc said its plant in Trostyanets, a town in eastern Ukraine, has suffered “significant damage” because of military action due to…
Japan’s Feb factory output rises for first time in three months
By Daniel Leussink TOKYO – Japanese factories posted their first rise in output in three months in February as resilience in global demand led to a rebound in car production, a welcome…
China’s March factory activity likely shrank amid virus outbreaks – Reuters poll
BEIJING – China’s factory activity likely shrank in March, a Reuters poll showed, as the country imposed more mass testing and activity controls amid its worst resurgence of COVID-19 cases since early…
Tesla to halt Shanghai factory production amid COVID curbs, Bloomberg News reports
(Reuters) – Tesla Inc is planning to suspend production at its Shanghai factory for at least one day, Bloomberg News reported on Sunday, as China’s financial hub said it would go into…
Japan’s March factory activity up, Ukraine crisis weighs on outlook – flash PMI
TOKYO – Japan’s manufacturing activity sped up in March from the prior month as a reduction in COVID-19 cases in the country helped lift orders and production, however, surging input prices and…
Tesla To Open First European Factory To Ease Pressure On US, China Production
Tesla To Open First European Factory To Ease Pressure On US, China Production Harry Wilmerding on March 22, 2022 Tesla opened its first European manufacturing facility on Tuesday as the electric car…
Tesla says it is trying to keep production going at Shanghai factory
SHANGHAI – Tesla said on Thursday it was doing its best to keep production going at its Shanghai factory while it cooperates with China’s COVID-19 prevention measures. Reuters reported on Wednesday that…
Volkswagen keeps Changchun factory shut on Thursday, Shanghai to reopen
BERLIN -Volkswagen Group China said on Wednesday it would as a precautionary measure pause production for another day in Changchun due to COVID cases, but would resume production in Shanghai on Thursday…
Elon Musk Gives Biden’s Labor Secretary Tour Of Tesla Factory
Elon Musk Gives Biden’s Labor Secretary Tour Of Tesla Factory Thomas Catenacci on March 14, 2022 Tesla CEO Elon Musk gave Secretary of Labor Marty Walsh a tour of his company’s nearly-completed…
Suzuki’s Hungarian factory suspends car exports to Russia and Ukraine
By Gergely Szakacs BUDAPEST – Suzuki Motor Corp has suspended car exports to Russia and Ukraine from its Hungarian factory as of March due to the war, the Japanese company said on…
Nissan to halt work at its St Petersburg factory in coming days – RIA
– Nissan Motor Co said on Monday it would halt work at its factory in the Russian city of St Petersburg in the coming days, according to the RIA Novosti news agency.…
Biden to boost made-in-America goods as Siemens adds factory jobs
WASHINGTON – U.S. President Joe Biden on Friday will announce requirements for the government to buy more made-in-America goods at a White House event where Germany’s Siemens AG will commit to new…
U.S. factory orders growth beats expectations in January
WASHINGTON – New orders for U.S.-made goods increased more than expected in January, pointing to continued strength in manufacturing despite supply challenges. The Commerce Department said on Thursday that factory orders rose…
Canadian factory activity climbs to 3-month high as Omicron curbs ease
TORONTO – Canadian manufacturing activity expanded in February at the fastest pace in three months as an easing of domestic restrictions to contain the coronavirus pandemic supported a pick-up in production, data…
Japan’s Feb factory activity posts slowest growth in 5 months – PMI
TOKYO, Mar 1 – Japan’s manufacturing activity growth slowed to a five-month low in February, as the Omicron variant of the coronavirus pandemic and raw material shortages hurt firms’ output, even before…
Tesla factory near Berlin in final phase of approval process – local authority
BERLIN – The environmental ministry in the German state of Brandenburg is in the final phase of the approval process for Tesla’s planned factory, a spokesperson said on Monday. Tesla is awaiting…
China’s February factory activity likely shrank amid holidays, Olympics
BEIJING – China’s factory activity likely contracted in February on slower production after the Lunar New Year holiday and Winter Olympics, with Beijing expected to unveil more stimulus measures at a parliamentary…
Canada January factory sales likely up 1.3% – Statscan flash estimate
OTTAWA – Canadian factory sales most likely rose 1.3% in January from December, largely driven by higher sales in the petroleum and coal product industry, along with wood products, Statistics Canada said…
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