Keywords: Manufacturing


Eurozone industrial production unexpectedly declines in May

Industrial production in the eurozone unexpectedly declined in May, according to newly released official data, signaling continued challenges for the region's manufacturing sector despite resilience in some industries. Industrial output fell by 0.2% compared with the previous month, marking the......

MBDA names Airbus executive Jean-Brice Dumont as new CEO amid European defence expansion

European missile manufacturer MBDA has appointed Jean-Brice Dumont as its next chief executive officer, marking a significant leadership transition as the company accelerates production to meet rising defence demand across Europe. The company announced that Dumont, currently Head of Military Aircraft......

ASML includes Terafab demand in chip equipment expansion plans for 2027 and 2028

ASML, the world’s leading supplier of advanced semiconductor manufacturing equipment, said its expansion strategy for 2027 and 2028 already factors in expected demand linked to Elon Musk’s planned Terafab chip production facility in Texas. The Dutch technology group confirmed that future......

India expands semiconductor strategy with $13.3 billion investment boost

India has approved a major expansion of its semiconductor development programme, allocating an additional 1.28 trillion rupees ($13.3 billion) in new funding to strengthen the country’s position in the global chip industry. The decision reflects New Delhi’s ambition to build a more competitive......

Trump clean energy policies trigger $83 billion setback in U.S. projects

The shift in United States energy policy under President Donald Trump’s second administration is reshaping the country’s clean energy landscape, with a new report estimating that nearly $83 billion in planned investments have been delayed or canceled. The review highlights the growing uncertainty......

Bosch launches sample production at first U.S. semiconductor plant to strengthen domestic chip supply

German engineering and technology group Bosch has begun sample production at its first semiconductor manufacturing facility in the United States, marking a significant milestone in its strategy to expand domestic chip production and strengthen supply chain resilience. The announcement follows the completion......

Morocco accelerates development of advanced domestic defense industry

Morocco is accelerating efforts to establish a modern domestic defense industry as part of a long-term strategy to strengthen its strategic autonomy, expand industrial capabilities, and reduce dependence on imported military equipment. In recent years, the Kingdom has shifted from focusing primarily......

Ferguson to acquire FloWorks in $1.6 billion deal to expand industrial products business

Ferguson Enterprises has agreed to acquire industrial distributor FloWorks from private equity firm Wynnchurch Capital in a transaction valued at approximately $1.6 billion, reinforcing its strategy to expand beyond traditional construction markets and deepen its presence in industrial distribution. The......

Western economies may need $23.6 trillion to reduce dependence on China by 2050

The United States and Europe could require an estimated $23.6 trillion in additional investment by 2050 to reduce their economic and technological dependence on China, according to recent economic analysis highlighting the scale of the challenge facing Western economies. The projected investment would......