Procurement: Page 3
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Prices of eggs, cocoa challenge production costs
Wells Fargo said the commodities’ rates will remain elevated as food businesses deal with another year of bird flu and a harsh climate in cocoa-growing regions.
By Chris Casey • March 15, 2024 -
Bombardier ups supplier support to relieve manufacturing pressures
The company aims to build inventory in the first half of the year to meet its projected delivery goal of up to 155 aircraft in 2024.
By Kelly Stroh • March 14, 2024 -
Trendline
Top 5 stories from Manufacturing Dive
Check out five of our biggest stories of 2024 so far, including how manufacturers are navigating rising costs and boosting workforce innovation.
By Manufacturing Dive staff -
Biden administration boosts EV supply chain with $2B lithium loan
The money will go towards constructing processing facilities at Lithium Americas' upcoming project, expected to produce 40,000 tons of the material a year beginning in 2027.
By Kate Magill • March 14, 2024 -
FDA recalls 6 more cinnamon products due to elevated lead levels
The agency is urging U.S. cinnamon makers and distributors to conduct more product control testing in the wake of recent lead contamination outbreaks.
By Joelle Anselmo • March 14, 2024 -
How the SEC climate rule will impact manufacturers’ supply chains
Even with scope 3 emissions left out of the new rule, contract manufacturers should be prepared to report emissions data as more states adopt disclosure requirements, experts say.
By Kate Magill • March 12, 2024 -
Manufacturing pulling out of the ‘malaise’ despite some performance dips: PMI
While some metrics like employment and production were down based on the ISM's monthly report, economists remain optimistic about the year ahead.
By Kate Magill • March 1, 2024 -
Deep Dive
How the FDA traced the WanaBana lead outbreak to a single food processor
The investigation into the applesauce pouch maker highlights efforts to tighten lead regulation in food production.
By Joelle Anselmo • Feb. 26, 2024 -
Panasonic Energy inks graphite supply deal for U.S. battery factories
Nouveau Monde Graphite will supply the battery maker with 18,000 tons a year of the material from its mine in Quebec.
By Kate Magill • Feb. 23, 2024 -
Cleveland-Cliffs to idle West Virginia tinplate factory
The steelmaker will lay off roughly 900 workers after the International Trade Commission opted not to implement anti-dumping tariffs against steel imports.
By Joelle Anselmo • Feb. 21, 2024 -
Panasonic, Novonix sign synthetic graphite supply deal
The deal will help the battery maker as it launches its Kansas factory, which is expected to supply automakers like Tesla and Mazda.
By Kate Magill • Feb. 13, 2024 -
Struggling cocoa crop may hurt chocolate manufacturers
Supply remains scarce due to heavy rains and the spread of black pod disease in West Africa, according to a recent CoBank report.
By Sarah Zimmerman • Feb. 8, 2024 -
GM, LG Chem ink $19B cathode material supply deal
The South Korea-based chemical maker will supply the automaker with enough CAM to power five million EVs.
By Ben Unglesbee • Feb. 7, 2024 -
Novo Holdings to buy contract drugmaker Catalent for $16.5B
In a related deal, Novo Nordisk will buy three Catalent factories as it works to expand production of its obesity and diabetes medicines.
By Jonathan Gardner • Feb. 5, 2024 -
Stardust Power to build lithium refinery in Oklahoma
The company plans to turn the facility into a hub for its domestic supply chain.
By Kate Magill • Jan. 22, 2024 -
Battery recycling could cut dependence on China for rare earths
Circularity strategies like battery reuse could help the U.S. meet up to 40% of rare earth needs, says a new study in Nature Geoscience.
By Ben Unglesbee • Jan. 17, 2024 -
4 food manufacturing trends for 2024
Producers should prepare for continued supply disruptions and a tight labor market this year, experts say.
By Erin X. Wong • Jan. 9, 2024 -
Manufacturing ended the year in a lull, but optimism up for 2024: PMI
The industry could enter growth mode as early as March, economists say.
By Kate Magill • Jan. 3, 2024 -
Manufacturers call out downstream effects of reshoring
Snarled supply chains led many companies to shift production closer to consumers. Such strategies can have unintended consequences.
By Suman Bhattacharyya • Dec. 22, 2023 -
How to avoid the next sriracha shortage
Smaller producers are snatching up market space left by supply constraints of Huy Fong Food’s popular spicy condiment.
By Erin X. Wong • Dec. 20, 2023 -
Lockheed Martin sues supplier over ‘massive’ price hike
Howmet Aerospace, which sells the titanium materials used for the aerospace company’s F-35 jet, disputed the allegations and called the lawsuit meritless.
By Ben Unglesbee • Dec. 14, 2023 -
Deep Dive
Nearshoring apparel: Inside DXL’s pivot to Central America
The clothing maker is one of many eyeing the region, but economic and policy barriers could stand in the way of greater investment.
By Ben Unglesbee • Dec. 12, 2023 -
New IRA guidance limits battery components made in China
The long-awaited proposed guidelines clarify how the law’s “foreign entity of concern” requirements will impact automakers’ ability to qualify for EV tax credits.
By Kate Magill • Dec. 1, 2023 -
Manufacturing down again in November amid low orders: PMI
The industry isn't expected to see major gains in demand or employment through the end of the year.
By Kate Magill • Dec. 1, 2023 -
Cost, availability of raw materials is biggest barrier to US battery manufacturing: report
The Inflation Reduction Act boosted domestic production of lithium-ion batteries, but the availability of components could drop below demand by 2025.
By Kavya Balaraman • Nov. 29, 2023 -
Toyota, Redwood Materials expand deal to source recycled battery materials
The automaker will use aging Prius models to help feed its growing electric vehicle production in North Carolina.
By Ben Unglesbee • Nov. 28, 2023