Tag - manufacturing

 
 

MANUFACTURING

A Nucor steel factory in Blytheville, Arkansas. Foreign competition isn't the biggest challenge for steel companies — it's finding workers.
BUSINESS / Companies
Apr 24, 2025
Steelmakers already short-staffed as Trump pushes for U.S. factory revival
The U.S. stopped training factory workers decades ago, and retirements and immigration crackdowns are draining the pool of labor available.
The United Steelworkers union headquarters in Pittsburgh, Pennsylvania
BUSINESS / Companies
Apr 23, 2025
Union tells Bessent risks of Nippon Steel deal are too great
The United Steelworkers said the risks cannot be overcome in any scenario in which Nippon Steel exercises influence over U.S. Steel’s decision-making.
The Japanese economy remains on a gradual recovery trend, the Finance Ministry said, while leaving its economic views unchanged for all of the country's 11 regions.
BUSINESS / Economy
Apr 22, 2025
Japan's Finance Ministry maintains economic view while warning of risk
Many manufacturers expressed concern about the impact of U.S. President Donald Trump's sweeping tariffs on production, according to the ministry.
Ryosei Akazawa (third from right), Japan's tariffs negotiator, in a meeting with U.S. Secretary of the Treasury Scott Bessent (second from right) and other senior government officials on Wednesday in Washington
BUSINESS
Apr 18, 2025
Trump reiterates opposition to Nippon Steel’s purchase of U.S. Steel
Whether there is interplay between the tariff negotiations and the Nippon Steel-U.S. Steel deal has never been made clear.
U.S. President Donald Trump at the White House in Washington on Thursday
BUSINESS
Apr 18, 2025
Trump’s tariff policies are hurting the businesses he’s trying to help
Some firms are putting hiring and expansion plans on hold while they come up with short-term plans to cope with the tariffs.
Workers iron items of clothing at a Thai Son S.P. Co. garment factory in Binh Thuan province, Ho Chi Minh City, Vietnam, on April 10.
BUSINESS / Markets
Apr 17, 2025
Vietnam’s factory-based growth model at risk in global trade war
For factory owners, what happens beyond a 90-day pause in tariffs announced by U.S. President Donald Trump is a big question mark.
Production of Honda’s five-door hybrid Civic is set to be relocated to the firm’s plant in Indiana in June or July.
BUSINESS
Apr 16, 2025
Honda to shift production of Civic from Japan to U.S. due to tariffs
Production of the five-door hybrid model will be relocated around June or July to Honda’s plant in Indiana.
Toyota and Lexus cars and sport utility vehicles unloaded from car carrier ships to the Toyota Logistics Services automotive processing terminal at the Port of Long Beach in Long Beach, California, on Thursday
BUSINESS / Economy
Apr 15, 2025
Trump floats temporary reprieve for autos as parts tariffs loom
The president said he is exploring exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up manufacturing in the U.S.
The U.K. government rushed urgent legislation through Parliament on Saturday to stop the Scunthorpe plant's blast furnaces from turning off.
WORLD
Apr 13, 2025
'Naive' to trust Chinese firm with British Steel, U.K. minister says
The government rushed urgent legislation through parliament on Saturday to stop the Scunthorpe plant's blast furnaces from turning off.
Shoppers outside an Apple store in New York on April 7
BUSINESS / Economy
Apr 13, 2025
U.S. exempts tech imports in tariff backpedal
President Donald Trump's move offers relief to U.S. tech firms and partially dials down a trade war with China.
Machineries seen at a factory in Binh Duong, Vietnam
BUSINESS / Economy / ANALYSIS
Apr 12, 2025
What Samsung and Vietnam stand to lose in Trump's tariff war
Trump's punishing potential 46% tariff has exposed the vulnerability of the Southeast Asian country's export model.
U.S. President Donald Trump wants Apple to begin building iPhones in the United States. But Apple is unlikely to move production to the country in the foreseeable future for a variety of reasons.
BUSINESS / Tech / FOCUS
Apr 12, 2025
Why Trump’s dream of made-in-the-USA iPhones isn’t going to happen
Apple is unlikely to move production to the U.S. in the foreseeable future for a variety of reasons, including a shortage of facilities and labor.
Hon Hai Precision Industry, which does business as Foxconn, wants to make electric vehicles for Japanese carmakers.
BUSINESS / Companies / FOCUS
Apr 10, 2025
It makes iPhones. Now Hon Hai wants to make cars for Japanese automakers.
The Taiwanese company's seemingly unlikely proposition — given the structure and history of Japan's auto industry — just might work.
U.S. President Donald Trump holds a bag as he visits the Louis Vuitton Rochambeau Ranch leather workshop in Keene, Texas, in 2019.
BUSINESS / Companies
Apr 10, 2025
LVMH finds making Louis Vuitton bags messy in Texas
Former staff say Louis Vuitton’s Texas plant wastes up to 40% of leather and encouraged defect coverups to hit targets.
U.S. Steel shares tumbled as much as 16% Wednesday after President Donald Trump made a fresh remark signaling his opposition to a buyout by Nippon Steel.
BUSINESS / Companies
Apr 10, 2025
Trump says he does not want to see U.S. Steel go to Japan
Trump told White House reporters that U.S. Steel is a special company, throwing cold water on expectations that Nippon Steel's buyout efforts might start to make progress.
Hon Hai Precision Industry's chief strategy officer for electric vehicles, Jun Seki, speaks during an interview.
BUSINESS / Companies
Apr 9, 2025
Hon Hai makes case to build EVs for Japan’s automobile industry
Electrified cars and buses made by Foxconn, as the Taiwanese company is known, will appear on roads in Japan over the next few years, its EV strategy chief says.
The U.S. Steel Clairton Coke Works facility in Pennsylvania
BUSINESS / Companies
Apr 9, 2025
U.S. Steel says activist investor now in favor of Nippon Steel deal
Ancora Holdings owns less than a 1% stake in the company.
With Trump's tariffs, countries with lower labor costs like China will continue to outcompete the United States and gain stronger footholds in global markets.
COMMENTARY / World
Apr 9, 2025
Trump’s tariffs will accelerate America’s economic decline
Trump’s critics rightly point out that the tariff will raise U.S. car prices, but that is just one of its many drawbacks.
Toyota is considering transferring some production in the key Tokai region, which is expected to be hit hard in a Nankai Trough earthquake, to the Tohoku and Kyushu regions.
JAPAN / FOCUS
Apr 8, 2025
Japanese makers rush to mitigate possible Nankai Trough earthquake damage
The government is calling on manufacturers to diversify their production bases and suppliers to mitigate the risks.
U.S. President Donald Trump signs an executive order during a tariff announcement in the Rose Garden of the White House in Washington on Wednesday. Trump's tariff policies are the centerpiece of his effort to bring manufacturing back to the U.S. and reshape a world trade system he has long decried as unfair.
BUSINESS / Economy / FOCUS
Apr 6, 2025
Trump promised a manufacturing boom. Industries are not so sure.
Some question the tariffs' underlying logic, saying that supply chain issues, high costs and other obstacles stand may in the way.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.