[Source: Green.Org] In September 2021, Rivian announced that they would be bringing their fully electric pickup truck to consumers. But now, as we see more companies roll out their electric trucks, Rivian is facing stiff competition. With 2023 approaching, there is the Tesla Cybertruck, the Hummer EV, Chevy Silverado EV, and Ford Bronco hybrid, and Read More…
Tag: manufacturing
Why manufacturing matters to economic superpowers
[Source: Financial Times] Manufacturing matters. While it has become increasingly automated and globalised over the past several decades, it still holds a special place in the national psyche in the US and other big exporting nations, such as Germany, China and Japan. Part of that is down to its disproportionate benefits to the economy. In Read More…
Now Oracle’s exiting California for Texas. Will the last one in Silicon Valley, please turn out the lights?
[Source: FOX Business] If the outbound migration from Silicon Valley to Texas continues at its current clip, we may soon see a sign on southbound Highway 101 “Will the Last One in Silicon Valley, Please Turn Out the Lights?” (although California’s frequent blackouts might render the sign redundant). Just 11 days after Hewlett Packard Enterprise, Read More…
U.S. manufacturing activity off 11-year low; construction spending falls
[Source: Reuters] U.S. manufacturing activity eased off an 11-year low in May, the strongest sign yet that the worst of the economic downturn was behind as businesses reopen, though the recovery from the COVID-19 crisis could take years because of high unemployment. The Institute for Supply Management (ISM) said on Monday its index of national Read More…
UTC Aerospace to end aircraft systems manufacturing in Chula Vista, cutting 300 jobs
[Source: LA Biz] UTC Aerospace Systems plans to wind down manufacturing at its Chula Vista aircraft plant beginning early next year, eliminating around 300 jobs. The company — a division of Farmington, Conn.-based conglomerate United Technologies — said the decision stems from ending production of certain commercial aircraft models. The Chula Vista plant builds aerodynamic Read More…
State’s progress on 5 million zero emission vehicles by 2030: Q1 2018 results
[Source: California Center for Jobs and the Economy] The latest new vehicle sales data from California New Car Dealers Association shows that, as expected, the above-trend ZEV sales in Q4 2017 were likely consumer responses to the potential sunset of related federal subsidies. The Q1 sales of true ZEVs (battery and fuel cell vehicles) were Read More…
L.A. County sheds 3,000 aerospace jobs between 2014 and 2016
[Source: Los Angeles Business Journal] Aerospace employment in Los Angeles County dropped by 3,000 jobs, or about 6 percent, to 51,000 between 2014 and 2016, according to a report released Monday from the Los Angeles County Economic Development Corp. Most of the job losses were in aircraft manufacturing, which fell by 2,200, due in part Read More…
Metal finishers among toxin target opponents
[Source: Los Angeles Business Journal] MANUFACTURING: Call for increased facility supervision may yield speedier closures. Manufacturers and metal finishers are concerned about a planned crackdown on toxic emissions by the South Coast Air Quality Management District. The crackdown, announced at the April 7 meeting of the district’s governing board, was prompted by recent discoveries of Read More…
Global economic forces conspire to stymie US manufacturing
[Source: The Hill] One factor contributing to the rise of populist sentiment in the U.S. has been the decline in manufacturing jobs, from 17 million in 2000 to 11 million in 2010, with a small bounce-back since then. President-elect Trump promises to bring manufacturing jobs back. In thinking about policies that might accomplish this, it Read More…