Tag - manufacturing

 
 

MANUFACTURING

Jose Munoz, president and CEO of Hyundai Motor
BUSINESS / Companies
Sep 12, 2025
Hyundai battery plant faces startup delay after U.S. raid, CEO says
The plant, part of a $7.6 billion factory complex to make battery-powered models, was slated to come online later this year.
Detainees at a joint facility of Hyundai Motor and LG Energy Solution stand against a bus during a raid by federal agents in Ellabell, Georgia, last week.
BUSINESS / Companies
Sep 11, 2025
LG's other U.S. sites see exodus of South Korean workers after raid: sources
Visa concerns following last week's immigration raid on LG Energy Solution's joint facility with Hyundai Motor have led South Korean workers to head home.
U.S. President Donald Trump at Granite City Works in Illinois in 2018. U.S. Steel, the owner of the plant, was acquired by Nippon Steel earlier this year.
BUSINESS / Companies
Sep 10, 2025
U.S. Steel’s Granite City Works to cease steel slab processing: report
The production decision comes just three months after the acquisition by Nippon Steel.
Heliostat mirrors at the site of Dunhuang Shouhang 100MW Tower Solar Thermal Power Generation Project in Gansu province, China, on Oct. 16, 2024
BUSINESS / Tech
Sep 10, 2025
China’s green tech firms pour billions into overseas factories
Chinese companies are expanding their supply chains abroad to capture new markets, avoid tariffs and get closer to sources of raw materials, according to new research.
U.S. Immigration and Customs Enforcement agents execute an enforcement operation at a Hyundai-LG electric vehicle battery plant in Ellabell, Georgia on Sept. 4.
COMMENTARY / World
Sep 10, 2025
The ICE raid on the Georgia Hyundai plant makes no sense
The raid antagonized U.S. ally South Korea, a country that had signed a $350 billion trade pact with U.S. President Donald Trump just weeks earlier.
Hitachi's dog-shaped robot, introduced at its railway vehicle plant in Maryland. The heavy machinery maker is looking to expand its investment in the United States.
BUSINESS / Companies
Sep 9, 2025
Hitachi to expand its investment in U.S., CEO says
The company invested more than $12 billion in the United States in the five years through 2024, its CEO said, who added the goal is to invest that or more by around 2030.
A Homeland Security Investigations police officer watches over workers during a federal search warrant at a company in Ellabell, Georgia, on Thursday.
BUSINESS / Companies
Sep 8, 2025
U.S. migrant raid jolts South Korea and stirs investor anxiety
The raid came shortly after a White House summit between the presidents of both countries where Korean companies pledged to up U.S. investments.
Nippon Steel has dropped a civil lawsuit filed in the United States related to its acquisition of United States Steel after a successful settling of the takeover deal.
BUSINESS / Companies
Sep 4, 2025
Nippon Steel drops civil lawsuit related to U.S. Steel buyout
The Japanese steelmaker had sued U.S. peer Cleveland-Cliffs, its CEO, and the head of a steel union over what it alleged were illegal acts to prevent the buyout.
Mitsubishi Heavy Industries CEO Eisaku Ito at the firm's headquarters in Tokyo on Friday
BUSINESS / Companies
Sep 1, 2025
Mitsubishi Heavy to double gas turbine capacity in two years as demand soars
Demand for the turbines has increased globally due to the proliferation of data centers, new manufacturing and continued electrification.
The factory of Asahi Tekko, which produces parts for Toyota vehicles, in Hekinan, Japan, on Aug. 18
BUSINESS / Markets
Aug 28, 2025
The backbone of the global auto supply chain is at risk from Trump’s tariffs
Industry experts expect a devastating effect on the dense networks of auto parts suppliers that make everything from pistons to wiring.
Japan's core machinery orders rose 3.0% in June, the first increase in three months.
BUSINESS / Economy
Aug 20, 2025
Japan's core machinery orders up 3.0% in June
The private-sector orders — which exclude those for ships and equipment used at power utilities — amounted to ¥941.2 billion.
A building in Kawasaki housing Toshiba's new headquarters
BUSINESS
Aug 20, 2025
Japanese manufacturers moving headquarters out of central Tokyo
Toshiba, Fujitsu and other major manufacturers are moving elsewhere in response to the spread of remote work.
China’s massive scale, strong education system and competitive local governance have enabled it to reach the technological frontier and dominate high-tech manufacturing despite its low per capita gross domestic product.
COMMENTARY / World
Aug 19, 2025
Demystifying the manufacturing success of China
The obvious question is how a country with such low per capita GDP has managed to reach the technological frontier in so many sectors.
SoftBank CEO Masayoshi Son and U.S. President Donald Trump. Son has promised to invest $100 billion in the United States.
BUSINESS / Companies
Aug 19, 2025
SoftBank buying about 2% of Intel for $2 billion
CEO Masayoshi Son earlier pledged to invest a total of $100 billion in the United States.
SoftBank is scouting a number of potential data center sites to serve as a flagship for Stargate, weighing their access to water, power and telecom networks.
BUSINESS
Aug 18, 2025
Foxconn to operate SoftBank’s Stargate AI server site in Ohio
SoftBank will supply manufacturing gear to the factory, and a joint venture between the two companies will make AI data center-related equipment.
Nissan workers walk outside its Oppama plant in Yokosuka, Kanagawa Prefecture. Nissan plans to shut the plant by the end of fiscal 2027.
BUSINESS / Companies / FOCUS
Aug 18, 2025
A factory town in crisis shows Japan’s fading manufacturing era
Nissan directly employs almost 10% of Oppama’s 29,700 residents, but its factory is set to shut down by 2028.
Employees work at the apparel manufacturing unit at Bhiwandi in the Thane district of India's Maharashtra state on July 30.
BUSINESS / Markets
Aug 14, 2025
Trump’s 50% tariff threatens India’s manufacturing ambitions
The U.S. is now India’s biggest export market and one of its top sources of foreign investment.
Advertisements for factory rentals at Datang village in Guangzhou, Guangdong province, China
BUSINESS / Economy
Aug 12, 2025
China factories cut shifts and workers' pay as U.S. tariffs bite
The increasingly common practice has become a hidden deflationary force in the world's second-largest economy.
China is not merely moving more goods; it is exporting a new, ruthlessly efficient production model powered by automation, AI and state-guided industrial optimization.
COMMENTARY / World
Aug 4, 2025
China’s unbeatable new production model export
The more pressing concern, however, is not what China exports, but how. Global cost structures are indeed being reshaped.
The Nippon Steel logo is displayed at the company's East Nippon Works Kimitsu Area plant in Kimitsu, Chiba Prefecture, in May.
BUSINESS / Companies
Aug 2, 2025
Nippon Steel swings into quarterly loss
The Japanese steelmaker said Friday that it had posted a consolidated net loss of ¥195.8 billion for the fiscal first quarter, against the year-before profit of ¥157.5 billion.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’