Keywords: Manufacturing


South Korean Investment: SEOIL Opens Major Industrial Plant in Settat, Creating Over 270 Jobs

Morocco has strengthened its position as an industrial investment destination with the inauguration of a new manufacturing facility by South Korean group SEOIL Corporation in Settat. The project marks the company's first production site in Africa and represents a new milestone in industrial cooperation......

Morocco Attracts Chinese Tyre Manufacturer Guizhou Tyre With $298 Million Investment in Tangier

Morocco is strengthening its position as a regional automotive manufacturing hub with the launch of a major Chinese industrial investment in Tangier. Guizhou Tyre has officially started construction of a new tyre production facility at the Mohammed VI Tangier Tech City, marking another step in the expansion......

Morocco’s Automotive Exports Lead Trade, but Energy Imports Widen the Deficit

Morocco’s foreign trade continues to reflect two contrasting economic trends: the growing strength of its automotive export industry and the pressure exerted by the country’s energy import bill. While manufactured goods remain an important source of export revenue, the cost of imported energy......

US-Canada Trade War Becomes an Electoral Liability for Republicans in Key States

The economic consequences of President Donald Trump’s trade confrontation with Canada are becoming a political concern for Republicans preparing for the November 2026 midterm elections. In states where businesses and communities depend heavily on cross-border commerce, rising costs and declining......

Laprophan Seeks Regulatory Approval to Acquire Moroccan Pharmaceutical Firm Polymedic

Moroccan pharmaceutical group Laprophan is pursuing another major expansion opportunity with a planned acquisition of Polymedic, a long-established drug manufacturer based in Casablanca. The proposed transaction, which covers the entire capital of Polymedic’s parent company, Corporate Investment......

OPmobility Opens New Automotive Factory in Kenitra, Creating More Than 100 Jobs

French automotive supplier OPmobility has strengthened its manufacturing presence in Morocco with the inauguration of a new production facility in the Atlantic Free Zone in Kenitra. The plant will manufacture exterior body components for a major international automaker, adding capacity to the group's......

German industry loses nearly 500,000 jobs since 2019, Ifo study finds

Germany’s industrial sector has lost nearly half a million jobs since 2019, highlighting the challenges facing one of Europe’s largest manufacturing economies. According to a study by the German economic research institute Ifo, industrial employment declined by 496,000 positions between the......

Samsung to Adopt TSMC’s 3nm Technology for Nvidia’s Next-Generation HBM Chips

Samsung Electronics is preparing to incorporate manufacturing technology from Taiwan Semiconductor Manufacturing Company (TSMC) into its production of next-generation memory chips designed for Nvidia, marking a potential shift in cooperation between major players in the global semiconductor industry. According......

Elbit Systems Expands European Defense Footprint With New Industrial Facility in Sweden

Israeli defense manufacturer Elbit Systems is strengthening its European industrial presence with a new facility in Sweden, a move aimed at expanding local production capacity and improving support for military customers across the region. The new installation forms part of the company's broader......