With chipmakers looking to expand production capabilities, many countries are working hard to make their nation an appealing location. While the U.S. has emerged as a major frontrunner for many companies, Japan is looking to potentially sway manufacturers with its newly announced investment plans. “Given a trend for countries to provide half the initial setup …
As supply chain issues continue to worsen and more and more manufacturers struggle to get their products to market, many companies are looking for ways to boost domestic manufacturing. One such company is Optimation Technology, which announced a new partnership designed to accomplish this goal. On Wednesday, the Rochester-based design and fabrication company announced they …
With microchips still being hard for auto manufacturers to acquire, production slowdowns or pauses have still remained common. The latest is Nissan, which is halting production at one of their American plants due to new virus-related supply complications. On Wednesday, the company announced they would be halting production at their Smyrna, Tennessee assembly plant for …
Shortages of semiconductors have plagued tech companies and auto manufactures for months, with many wondering when things will turn around. Intel is now warning that companies should expect to see more of the same in Q3. During the company’s recent Q2 conference call with analysts and investors, Intel’s chief financial officer George Davies said that …
On Monday, Direct Pack announced that they have finished expanding their manufacturing capacity at their Rockingham, North Carolina facility. The U.S.-based thermoformed packaging provider originally opened the plant in 2017, where it currently employs 125 people. Direct Pack uses the facility to produce a variety of different food packaging containers, such as salad bowls and …
Demand for semiconductors continues to remain at record-high levels. As a result, many semiconductor manufacturers are considering new avenues of expansion in order to better meet the need for chips. One major producer has their sights set on two countries in particular: Japan and the United States. On Thursday, Taiwan Semiconductor Manufacturing Co signaled its …
Hydrogen-powered truck manufacturer Nikola has purchased 389 acres of land in Pinal County, Arizona to build a factory to manufacture their hybrid, hydrogen-electric powered Class 8 trucks. A Class 8 truck is defined as having a gross vehicle weight rating (GVWR) exceeding 33000 lbs. such as tractor trailers. Founded in 2014 in Salt Lake City, …
