Manufacturers have seen their stocks of semiconductors plunge amid the global chip shortage, the US Department…
Category: Manufacturing
Global supply chain: Lego to build $1bn factory in Vietnam
Lego has announced plans to build a new manufacturing operation in Vietnam to keep up with…
Nissan boss warns no end in sight to global chip shortage
The Omicron variant could add pressure to a chronic shortage of microchips used in car manufacturing,…
Saudi chemical giant to invest nearly £1bn in Teesside plant
Saudi Arabian manufacturing and chemicals giant Sabic is to invest almost £1bn at its Teesside plant.…
Ford is latest firm to stop making cars in India
US car giant Ford is to stop making cars in India and shut down both of…
S.Korea’s LG Chem shares dive on GM electric car recall
SEOUL, Aug 23 (Reuters) – LG Chem Ltd (051910.KS) shares slid nearly 10% on Monday after…
Kraft Heinz to invest in the UK to make tomato ketchup
Kraft Heinz says it will invest $199m (£140m) in a UK food manufacturing facility over the…
Jaguar Land Rover to suspend output due to chip shortage
Jaguar Land Rover (JLR) is shutting its two main car factories temporarily due to a shortage…
Ford ends decades of Brazil manufacturing
Ford has said it is closing its last three factories in Brazil, putting an end to…
U.S. and European firms face $1 trillion in costs to relocate their Chinese supply chains, BofA says
Foreign firms looking to move their manufacturing processes outside of China in the wake of coronavirus…
UK car industry claims 1 in 6 jobs could be cut
The UK car industry’s trade body says one in six jobs are at risk of redundancy…
Nissan cuts more shifts at Japan car plants due to low demand
TOKYO (Reuters) – Nissan Motor Co (7201.T) on Friday said it will cut more shifts at…