Tag Archives: manufacturing

A rendering of Eli Lilly’s manufacturing facility in Houston, Texas. Courtesy: Eli Lilly Eli Lilly on Tuesday said it will spend $6.5 billion to build a manufacturing facility in Houston, Texas, to boost production of the company’s pipeline of so-called small molecule drugs, including its closely watched experimental obesity pill.  It is the second in a string of new planned …

Apple is increasing production on the standard iPhone 17 due to unexpected demand for the device, reports The Information. Following a strong pre-order weekend, Apple told two suppliers to increase daily ‌iPhone 17‌ output by at least 30 percent. The ‌iPhone 17‌ is priced starting at $799, and it is $200 cheaper than the iPhone Air. It’s $300 less than …

OpenAI Raids Apple for Hardware Talent, Manufacturing Partners  The Information OpenAI taps Apple supplier to make AI device, the Information reports  Yahoo Finance OpenAI might be developing a smart speaker, glasses, voice recorder, and a pin  The Verge OpenAI poaches Apple’s hardware talent, manufacturing partners for new device: report (AAPL:NASDAQ)  Seeking Alpha OpenAI’s 1st hardware device may look like an Apple product  qz.com Source link

How Intel’s Nvidia deal could help Intel’s next generation of chip manufacturing  Reuters Stock market today: Dow, S&P 500, Nasdaq on pace for records after Fed signals more cuts, Nvidia bets on Intel  Yahoo Finance NVIDIA and Intel to Develop AI Infrastructure and Personal Computing Products  NVIDIA Newsroom Nvidia’s $5bn stake in Intel is a shrewd political move  The Economist Is Nvidia Intel’s Savior? …

Eli Lilly to build $5 billion drug manufacturing plant in Virginia  The Washington Post Eli Lilly to build $5 billion Virginia facility to boost production of targeted cancer drugs, other treatments  CNBC Eli lilly to invest $5 billion in new Virginia plant as pharma braces for tariffs  Reuters Drugmaker Eli Lilly to build $5 billion facility in Goochland  Richmond Times-Dispatch Lilly announces plans to …

Lilly announces plans to build $5 billion manufacturing facility in Virginia  Eli Lilly and Company Eli Lilly to build $5 billion Virginia facility to boost production of targeted cancer drugs, other treatments  CNBC Eli Lilly to build $5 billion drug manufacturing plant in Virginia  The Washington Post Drugmaker Eli Lilly to build $5 billion facility in Goochland  Richmond Times-Dispatch Eli Lilly picks Virginia for …

Eli Lilly Biotechnology Center is shown in San Diego, California, March 1, 2023. Mike Blake | Reuters Eli Lilly on Tuesday said it will spend $5 billion to build a manufacturing facility in Goochland County, Virginia, to boost production capacity for targeted cancer drugs and other treatments — the first in a string of new planned U.S. investments by the …

Manufacturers in the U.S. are cutting thousands of jobs even as President Trump pushes economic policies that he says will revitalize the industry.  Employers shed 12,000 manufacturing jobs in August, while payrolls in the sector have shrunk by 42,000 since April, according to a new analysis from the Center for American Progress (CAP) that draws on government labor data.  The nonpartisan policy institute …

Natalie ShermanBBC News, Fall River, Massachusetts BBC Frank Teixeira and his daughter Sue Teixeira, co-owners of Fall River-based Accurate Services In a corner of a cavernous 1890s factory in southern Massachusetts, 15 people are bent over sewing machines, churning out specialty, hospital-grade neonatal gear. They are all that remain of what was once a much bigger manufacturing operation, most of …

Key Takeaways Although manufacturing activity showed some improvements in August, a survey of manufacturing managers showed that tariffs are pressuring their businesses. Manufacturers said import taxes were impacting supply chains, and the uncertainty of changing tariffs kept many customers from making purchases.  Higher material costs caused by tariffs made it more challenging to fabricate products in the U.S., survey respondents …