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A measure of U.S. factory activity remained stuck in contraction territory for a 14th straight month at the end of 2023, restrained by weaker orders.

New York will spend $1 billion to expand research into chip technology in Albany, hoping to make the region a center of chip research and manufacturing, Gov. Kathy Hochul announced Dec. 11.

Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports.

Trailer manufacturers are whittling down pandemic-related backlog, but some #supplychain headwinds persist. Steve Brawner has the details. #equipment #manufacturing

Trailer manufacturers are “eating backlog” now that market demand has normalized and supply chain disruptions have abated after the pandemic. But some components are still in short supply.

Production of trailers in the United States is set to decline for five consecutive quarters before increasing in the final three months of 2024, according to one expert.

The Biden administration is making up to $12 billion available for automakers to retrofit their facilities to make electric vehicles and hybrids.

McNeilus Truck and Manufacturing Inc., a division of Oshkosh Corp., is investing $25 million to grow its business in Tennessee. 

U.S. factory activity contracted for a sixth-straight month in April, the longest such stretch since 2009 and a sign of lingering malaise in manufacturing.

U.S. business activity unexpectedly climbed this month to nearly a one-year high, bolstered by stronger services and manufacturing that threatens to reignite inflationary pressures.