Manufacturing News

Colorado lays down $5.4M to capture more manufacturers
State incentives are on a bit of a manufacturing spree.
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Why Snap-on says technicians are spending less on its tools
An unsettled economy has service technicians spending less on tools and equipment produced by Snap-on Inc., which resulted in the company missing analysts' consensus for sales in the first quarter of 2024.
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Hope for some jobs at soon-to-be-idled Cleveland-Cliffs steel plant
There’s some hope that some jobs could be saved at a Cleveland-Cliffs Inc. steel plant slated for idling next month.
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Wafer production underway at TSMC’s Phoenix factory; Q1 earnings beat expectations
Taiwan Semiconductor Manufacturing Co. is making “significant progress” on its north Phoenix site with engineering silicon wafer production already underway in its first factory, the company said on an April 18 earnings call.
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Undersea defense tech innovators gather in Middletown
Defense contractors large and small learned about new opportunities to provide products and services for the U.S. Navy’s submarine program, an industry consortium said.
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Molson Coors' big year leads to some big executive paydays
Molson Coors executives saw increases in total compensation for 2023.
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