Keywords: Manufacturing


Fonderie de Bretagne enters court-ordered restructuring as 245 jobs hang in the balance

The Fonderie de Bretagne (FDB) has been placed under court-ordered restructuring after entering insolvency proceedings, putting 245 jobs at risk as the company races to secure emergency funding and avoid liquidation. The decision was announced following a hearing at the Lorient Commercial Court, giving......

South Korean conglomerates announce $195 billion investment drive for advanced industries

South Korea's leading industrial conglomerates have unveiled investment plans totaling 195 trillion won (approximately $195 billion) to accelerate the development of advanced manufacturing and high-tech industries in the country's southeastern region. The announcements were made during a government-backed......

Hungary plans new environmental watchdog to tighten oversight of EV battery industry

Hungary is preparing to establish a new national authority dedicated to monitoring and penalizing industrial pollution, with a particular focus on the country's rapidly expanding electric vehicle (EV) battery manufacturing sector. The proposed watchdog forms part of the new government's efforts......

Canada manufacturing PMI rises as factory growth persists despite supply chain pressures

Canada's manufacturing sector maintained its growth momentum in June, extending a six-month expansion streak even as supply chain disruptions and higher input costs continued to weigh on producers. According to the latest data from S&P Global, the Canada Manufacturing Purchasing Managers'......

Moroccan defense manufacturer strengthens position in NATO supply chain standards

Morocco's defense manufacturing sector continues to gain international attention as the country expands its industrial capabilities and strengthens its role in the global defense supply chain. Recent reports suggest that Moroccan-made military products are increasingly meeting internationally recognized......

Tata Electronics cyberattack reportedly exposes sensitive iPhone 18 Pro supply chain data

A reported cyberattack targeting Tata Electronics, one of Apple's key manufacturing partners in India, has allegedly resulted in the leak of sensitive information believed to be linked to the upcoming iPhone 18 Pro, raising new concerns about cybersecurity within global technology supply chains. According......

South African manufacturing confidence slips in June as demand weakens, Absa PMI shows

South Africa's manufacturing sector lost momentum in June as weaker customer demand led to a decline in new orders, according to the latest Absa Purchasing Managers' Index (PMI). While falling global oil prices helped improve expectations for the months ahead, overall business conditions in the......

Benteler opens new Automotive plant in Morocco to strengthen regional manufacturing hub

The Benteler Group has inaugurated a new automotive manufacturing facility in Kenitra, reinforcing Morocco’s position as one of the fastest-growing industrial platforms for the global automotive sector. The new plant, located in the Atlantic Free Zone, is expected to begin production during the......

Energy costs threaten the competitiveness of Europe’s chemical industry

Europe’s chemical industry is facing mounting pressure as persistently high energy prices continue to erode its competitiveness in global markets. Industry leaders warn that without decisive action to improve the business environment, energy-intensive manufacturers could increasingly relocate production......