Keywords: Manufacturing
Tesla has launched a targeted hiring push in Taiwan for semiconductor engineers as its Terafab project gathers momentum, signaling a deeper move into advanced chip manufacturing. The recruitment drive focuses on experienced engineers with backgrounds in cutting edge fabrication processes, placing the......
Automotive group Stellantis NV has announced that it will stop producing new vehicles at its Poissy plant near Paris by 2029, as part of a broader strategy to reduce excess manufacturing capacity in Europe. The company, which owns brands such as Jeep and Peugeot, is facing structural overcapacity across......
The French automaker Citroën has selected its industrial site in Kénitra to produce the next generation of its C4 model, expected to be launched around 2029, according to industry reports. The decision reinforces the growing role of Morocco as a key hub in the global automotive supply chain,......
Innoflex Group, a leading Moroccan producer of polyurethane foam and mattresses, has secured a major financing round worth 200 million Moroccan dirhams (MAD) to accelerate its regional growth strategy. The investment was completed in partnership with CDG Invest Growth, marking a significant step in......
Australia and the United States have announced a combined investment of more than A$5 billion (approximately US$3.5 billion) to support the development of critical mineral projects, significantly increasing earlier funding commitments aimed at strengthening global supply chains. According to the Australian......
Intel and Apollo Global Management have reached a definitive agreement under which Intel will reacquire Apollo's 49% stake in a joint venture tied to Fab 34, the advanced semiconductor facility in Leixlip, Ireland, for $14.2 billion. The deal unwinds a partnership formed in 2024 when Apollo invested......
Canada’s manufacturing sector showed signs of stagnation in March, as rising global tensions and trade pressures weighed on industrial activity. According to recent data, the country’s Manufacturing Purchasing Managers’ Index (PMI) fell to its lowest level in three months, signaling......
South Korean exports reached a record $86.13 billion in March as eurozone manufacturing activity hit a 45-month high, with companies worldwide rushing to build up material stockpiles in response to supply chain disruptions caused by the conflict in the Middle East. South Korea's Ministry of Trade,......
British manufacturers are facing a sharp rise in production costs, reflecting growing pressure on the industrial sector amid global economic uncertainty. Recent economic indicators show that input costs for factories increased significantly in March, marking one of the steepest monthly rises in decades.......
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