The new “Swiss powerhouse in machine tool manufacturing” – United Machining Solutions – has a market value of more than $720 million and comprises 15 machine tool brands and multiple...
Steel output neared 159 million metric tons worldwide in the latest tally, down almost -4.0% year/year as producers assess the effects of U.S. tariffs amid continuing weak demand...
The U.S. Dept. of Defense has allocated more than $5 billion over the past two years as planning proceeds toward construction of the new, technologically advanced Virginia-class...
A $70-million E-Jet service center is operating in Fort Worth now to support commercial carriers in the U.S. market, and will continue to expand through 2027.
A $50-million engineering and service operation will be installed ahead of the first GE Vernova Hitachi Energy Small Modular Reactor, set to start in Ontario in 2029.
Tariffs are promoting employment and influencing manufacturers’ investment strategies, according to the Reshoring Initiative, but U.S. manufacturing costs and skilled worker shortages...
The 90-day pause in scheduled U.S. tariffs means that the Boeing CEO’s outlook is being confirmed, with a report that a new aircraft has been shipped to the in-country outfitting...
Three testing centers for aerospace propulsion technologies will be expanded to accommodate GE’s developments in the growing field of hypersonic aircraft and weapons systems.
Federal monitors will continue to oversee production of the narrow-body jet series, keeping output steady despite Boeing’s confidence that an increase is imminent.