Chinese National Arrested In U.S. For Alleged Role In Scheme To Illegally Export Semiconductor-Related Machinery
“The export restrictions at issue in this case were put in place to prevent the illicit procurement of commodities and technologies for unauthorized military end use in the People’s Republic of China,”…
Japan Oct machinery orders unexpectedly rise despite economic uncertainty
TOKYO (Reuters) – Japan’s core machinery orders unexpectedly rose in October, climbing for a second straight month, data showed on Thursday, but remained down year-on-year as uncertainty about the global economy pared…
Japan Aug machinery orders fall, overseas slowdown may weigh
TOKYO (Reuters) – Japan core machinery orders fell for a second straight month in August, suggesting worries about a global economic slowdown and China’s wobbly recovery may be hurting companies’ appetite to…
US machinery makers eye bumper earnings for now, but inventory glut looms
By Bianca Flowers CHICAGO (Reuters) – U.S. equipment makers are likely to face excess inventory early next year as demand from farmers and construction companies cools, though second-quarter profit is expected to…
One dead in New Jersey heavy machinery accident
HILLSBOROUGH, N.J. – An Ocean County man has died in a workplace-related accident in Hillsborough. On Wednesday, Somerset County Prosecutor’s Office Major Crimes Unit, alongside Hillsborough Township Police Department, and other agencies,…
German machinery exports dip, burdened by China – VDMA
BERLIN (Reuters) – Exports of German machinery and plant machinery fell by 2.8% in real terms in the first nine months of this year as COVID restrictions in China weighed on business…
More Than 12 Million Dollars’ Worth of Hard Narcotics Found in Heavy Machinery at Otay Mesa Commercial Facility
SAN DIEGO – U.S. Customs and Border Protection officers from the Otay Mesa Port of Entry found more than 12 million dollars’ worth of narcotics concealed within a shipment of heavy machinery…
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…
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