Procurement: Page 2


  • Hershey, chocolate
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    Scott Olson via Getty Images
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    Mondelēz, Hershey pressured by a prolonged spike in cocoa prices

    The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant cautioned of a disconnect between fundamentals and market price.

    By Christopher Doering • Feb. 7, 2025
  • Donald Trump sits at his desk in the Oval Office with his hands clasped.
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    Chip Somodevilla via Getty Images
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    Manufacturing reenters growth mode in January as demand, production improve: PMI

    The news signifies a return to growth after more than two years. Many manufacturers are bracing, however, for possible fallout from the Trump administration’s recent tariff proposals.

    By Feb. 4, 2025
  • Canada Prime Minister Justin Trudeau responds to U.S. tariffs on Feb. 1, 2025.
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    Retrieved from CPAC on February 02, 2025
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    Canada strikes back with 25% tariffs on select US goods

    The tariffs will target $155 billion worth of goods, such as orange juice, beer and motorcycles, with some duties starting Feb. 4.

    By Edwin Lopez • Feb. 2, 2025
  • donald trump signs an executive order at his desk
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    Anna Moneymaker via Getty Images
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    Trump issues tariffs on Canada, Mexico and China

    The president ordered an additional 10% duty on goods from China and 25% tariffs on imports from Canada and Mexico, though Canadian energy resources will face a lower rate.

    By Philip Neuffer • Updated Feb. 1, 2025
  • mp-materials
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    Courtesy of MP Materials
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    MP Materials begins rare earth metal production

    The mining company’s Fort Worth, Texas, facility will make magnets and metals used in vehicles, drones, robotics and electronics.

    By Joelle Anselmo • Jan. 29, 2025
  • Roof of american school building covered with photovoltaic solar panels
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    Bilanol via Getty Images
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    Treasury finalizes guidance for IRA’s tech neutral, clean electricity tax credits

    Industry stakeholders are praising the credits as "game-changing" to better incentivize solar and storage projects to use U.S.-made components.

    By Diana DiGangi • Jan. 13, 2025
  • apple-sauce-wanabana
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    Stock Photo via Getty Images
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    FDA issues final guidance on lead levels in baby food

    The agency set levels as lead poison cases continue to pop up following a 2023 outbreak investigation into Wanabana applesauce pouches.

    By Joelle Anselmo • Jan. 10, 2025
  • BMW Phoenix Tailings rare earth metals
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    Provided by BMW Group 

     

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    BMW shores up EV rare earth materials source

    The automaker’s private equity firm invested in mining startup Phoenix Tailings, which is building a New Hampshire plant set to begin production in June.

    By Larry Avila • Jan. 10, 2025
  • An employee working with machine parts checks industrial equipment cables.
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    BulentBARIS via Getty Images
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    Demand ticks up as manufacturers pin hopes on Trump administration: PMI

    Despite concerns about potential tariffs, manufacturers expect growth in 2025.

    By Jan. 3, 2025
  • graphite
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    Stock Photo via Getty Images
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    Novonix secures $755M DOE loan for Tennessee synthetic graphite facility

    The company has signed battery material supply deals with Panasonic Energy, Stellantis and PowerCo from an existing facility in Chattanooga.

    By Joelle Anselmo • Dec. 19, 2024
  • made-in-usa-label-clothing
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    Stock Photo via Getty Images
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    FTC cracks down on 3 clothing companies for false ‘Made in USA’ claims

    The Federal Trade Commission is refunding $140,000 to consumers after the New England-based companies lied about where they manufactured their products. 

    By Joelle Anselmo • Dec. 6, 2024
  • Peter Navarro arrives at the E. Barrett Prettyman Courthouse on Jan. 25, 2024 in Washington, DC.
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    Anna Moneymaker via Getty Images
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    Trump taps Peter Navarro as lead trade adviser

    The former Trump administration official will return to the White House to advance the president-elect's trade and manufacturing agendas. 

    By Dec. 4, 2024
  • Potato chips on a manufacturing conveyor belt in a factory.
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    MediaProduction via Getty Images
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    Manufacturing ‘neared stabilization’ in November: PMI

    Companies are preparing for growth under a second Trump administration, even as the threat of tariffs causes some uncertainty.

    By Dec. 2, 2024
  • A person's hand holding a box of individually wrapped Ferrero Rocher chocolates.
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    Courtesy of Ferrero
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    Ferrero invests in hazelnut sourcing as it grows US production

    The company awarded a total of $350,000 to Oregon State University and Rutgers University to increase collaboration with local farmers, producers and distributors.

    By Dec. 2, 2024
  • Jamieson Greer, right, at a meeting of Ministers Responsible for Trade of APEC at the Hotel Sheraton Miramar in Vina del Mar, Chile, in May 2019.
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    Rodrigo Garrido/Reuters

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    Trump taps Jamieson Greer as USTR

    The international trade lawyer would lead the agency as the new administration embarks on an aggressive tariff agenda against China and other countries. 

    By Nov. 27, 2024
  • Rivian R2 LG Energy Solution cylindrical battery
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    Provided by Rivian

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    Rivian locks in 5-year battery deal with LG Energy Solution

    The U.S.-based battery production will help Rivian meet Inflation Reduction Act standards, positioning the R2 to qualify for EV tax credits.

    By Larry Avila • Nov. 21, 2024
  • Yeti unveils New York flagship store on April 4.
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    Courtesy of Yeti Holdings, Inc.
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    Yeti, e.l.f. Beauty and others prep supply chains for Trump tariffs

    Some businesses are planning more production outside of China or mulling price increases. Others are maintaining the status quo.

    By Max Garland • Nov. 18, 2024
  • gen z food
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    Alessandro Biascioli via Getty Images
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    Chefs, food manufacturers embrace Gen Z-driven ‘chaos cuisine’

    The age cohort currently in their teens and early twenties are interested in international flavor profiles, driving producers to create experimental dishes and products.

    By Chris Casey • Nov. 12, 2024
  • Donald Trump in business attire stands in a stage with an U.S. flag in the background
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    Anna Moneymaker/Staff via Getty Images
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    Trump’s tariffs: How manufacturers can prepare

    Frontloading commodity imports could be a temporary solution, but diversified sourcing will be critical long term, experts say.

    By Nov. 12, 2024
  • Black and yellow Stanley Black & Decker sign on green grass, and trees and a white building in the background on a sunny day.
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    Courtesy of Stanley Black & Decker.

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    Tariff hikes could be coming. Stanley Black & Decker says it’s ready.

    The toolmaker has been formulating a mitigation strategy since the spring, with the company planning to shift production away from China.

    By Nov. 11, 2024
  • People in a bar watch a TV screen with former President Donald Trump and Vice President Kamala Harrris debating.
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    Alex Wong via Getty Images
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    Election 2024 and manufacturing: a look back

    As voters head to the polls, here’s a review of how Donald Trump and Kamala Harris view the future of U.S. manufacturing.

    By Nov. 5, 2024
  • A group of eight people holding red and white picket signs in front of a blue and white Boeing sign.
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    Stephen Brashear via Getty Images
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    Production down ahead of presidential election: PMI

    Demand rose slightly during the month as manufacturers hope for a rebound next year. 

    By Nov. 1, 2024
  • A Gulfstream aircraft flies in the sky over a body of water. with mountains in the background.
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    Courtesy of General Dynamics
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    General Dynamics Q3 aircraft deliveries hampered by supplier issue

    The aerospace company said G700 deliveries fell far short of expectations last quarter due to component exchanges and late engine shipments.

    By Oct. 31, 2024
  • halloween candy
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    Scott Olson via Getty Images
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    Candy makers using less chocolate this Halloween amid record cocoa prices: Wells Fargo

    Hershey and other big chocolate producers are turning to gummies and other candy to offset supply issues with the crop.

    By Chris Casey • Oct. 29, 2024
  • Photo of Hershey chocolate bars and flakes of chocolate beneath the packages
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    Scott Olson via Getty Images
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    Unwrapping Hershey’s $250M manufacturing upgrade

    The chocolate maker’s Advancing Agility and Automation Initiative leans on digitization to boost visibility and optimize operations and procurement.

    By Shefali Kapadia • Oct. 28, 2024