Tag - manufacturing

 
 

MANUFACTURING

The Committee on Foreign Investment in the U.S. on Wednesday submitted a recommendation to President Donald Trump on Nippon Steel's fraught $14.9 billion bid for U.S. Steel, a person familiar with the matter said, without providing further detail on its contents.
BUSINESS / Companies
May 23, 2025
U.S. panel submits view on Nippon Steel-U.S. Steel deal to Trump
Trump will now have 15 days to decide the fate of the transaction, although the timeline could slip.
Seasonally adjusted core machinery orders in March rose 13% from the previous month, growing for the second consecutive month.
BUSINESS / Economy
May 22, 2025
Core machinery orders grew for second straight month in March
The government agency kept its basic assessment unchanged, saying that machinery orders are showing signs of picking up.
A CATL recruitment advertisement in Germany
BUSINESS / Tech
May 21, 2025
CATL's $2 billion German plant boosts China’s invest-abroad bet
"I see ourselves as a blueprint for Chinese companies who are looking to expand in Europe,” said Matthias Zentgraf, the battery giant’s European president.
China’s Made in China 2025 program set an ambitious agenda, and a decade later, initial assessments conclude it had mixed success but maintain its goals will shape Chinese policy for years to come.
COMMENTARY / World
May 20, 2025
Ten years of Made in China 2025 sees mixed success
MIC2025 set an ambitious agenda, and a decade later, early reviews say it has had mixed success but maintain that its goals will shape Chinese policy for years to come.
Employees work on the production line of American infant product and toy manufacturer Kids II at a factory in Jiujiang, in China's Jiangxi province, in June 2021.
BUSINESS / Economy
May 19, 2025
China consumption miss overshadows factory strength amid tariffs
Despite the resilience of factories, weaker consumption for April points to the need for more supportive policies as economists warn of complacency after a 90-day pause on tariffs.
Nissan's Oppama plant in Yokosuka, Kanagawa Prefecture, may be closed as part of the struggling carmaker's streamlining efforts.
BUSINESS / Companies
May 18, 2025
Nissan to solicit early retirements while eyeing plant closures in Japan
The move comes after sources said a day earlier that the carmaker was considering closing two plants in Kanagawa Prefecture.
Panasonic may be poised to benefit from having factories in the U.S. as Tesla and others seek to reduce their reliance on Chinese battery-makers.
BUSINESS / Companies
May 14, 2025
Panasonic CEO says battery plans align with slower EV demand
The supplier of lithium-ion batteries to Tesla is getting ready to start production at a second U.S.-based factory in Kansas, but has frozen plans for a third plant.
Nissan CEO Ivan Espinosa in Tokyo as the company releases its results
BUSINESS / Companies
May 13, 2025
Nissan gets ‘wake-up call’ with $4.5 billion annual net loss
The company plans more than 10,000 job cuts globally in addition to the 9,000 cuts announced previously.
Overall net profit is expected to go down 42.9% from the previous year to ¥200 billion at Nippon Steel, 18.4% to ¥75 billion at JFE Holdings and 16.8% to ¥100 billion at Kobe Steel.
BUSINESS / Companies
May 13, 2025
Three major Japan steelmakers say they expect profit falls in fiscal 2025
Overall net profit is expected to go down 42.9% from the previous year to ¥200 billion at Nippon Steel, 18.4% to ¥75 billion at JFE and 16.8% to ¥100 billion at Kobe Steel.
Huntar Company CEO Jason Cheung adjusts some of the toys on display at his office in Union City, California, on May 8. His company manufactures toys in China for clients in the U.S., Canada and Europe.
BUSINESS / Markets
May 13, 2025
Tariffs crippled U.S.-owned factory in China that made toys for Walmart
Huntar Company CEO Jason Cheung says his company would survive if tariffs come down quickly. If they don't, he'd lose everything.
A humanoid robot walks as an employee conducts tests, on the production line at the AgiBot factory in Shanghai on March 20.
BUSINESS / Tech
May 13, 2025
China's AI-powered humanoid robots aim to transform manufacturing
Beijing is aiming for a new industrial revolution where many factory tasks would be performed by humanoid robots.
U.S. President Donald Trump’s tariffs on cars and car parts imported to the U.S. have been painful to most global brands, but crippling in Nissan’s case.
BUSINESS
May 13, 2025
Nissan shares surge as carmaker set to cut 20,000 jobs in huge overhaul
The heavily indebted company, one of the top 10 automakers by unit sales, is expected to log a record annual loss of around $5 billion later in the day.
Sharp aims to focus its business resources on competitive fields by selling its Kameyama LCD plant to Hon Hai Precision Industry.
BUSINESS
May 13, 2025
Japan's Sharp to sell Kameyama LCD plant to Hon Hai
Sharp aims to focus its business resources on competitive fields by downsizing the LCD panel business, which has been operating in the red.
Workers sew garments along a production line at Thanh Cong Textile Garment in Ho Chi Minh City, Vietnam, on April 28.
BUSINESS / Companies
May 12, 2025
Chinese factories are looking for the next China
Tariffs have resulted in the cost of sending products to the United States soaring in recent weeks, forcing companies to find new trade routes.
Nidec has decided to withdraw a ¥257 billion ($1.8 billion) unsolicited tender offer for machine tool maker Makino Milling Machine, bowing to strong resistance from its target.
BUSINESS / Companies
May 9, 2025
Nidec withdraws its $1.8 billion hostile takeover bid for Makino Milling Machine
Makino had previously threatened to block the takeover by granting stock acquisition rights to existing shareholders.
A Nissan plug-in hybrid truck at the Shanghai Auto Show last month. Nissan is looking to invest in its China operations and use the nation’s intensely competitive market to accelerate its development of electric vehicles.
BUSINESS / Companies
May 9, 2025
Nissan drops plan for Fukuoka battery plant to focus on recovery
The carmaker has abandoned plans to build a battery plant in Fukuoka Prefecture to focus on rescuing itself from a deepening financial crisis.
Toyota vehicles bound for shipment at the Port of Nagoya. Japan’s 3-year-old corporate governance campaign has more room to grow and unlock value in Japan’s industrial heartland of Aichi Prefecture.
BUSINESS / Companies
May 9, 2025
Japan’s corporate governance wave reaches the industrial heartland in Nagoya
The city of Nagoya and the area around it are home to manufacturing giants including Toyota and Toyota group auto parts maker Denso.
The global shipping industry is also contending with U.S. measures beyond the barrage of levies.
BUSINESS / Markets
May 7, 2025
World’s trade superhighway feels strain from U.S.-China decoupling
Among signs of disruption are plunging fees, fewer services and a pall of uncertainty over what for decades has been one the main maritime highways of the global economy.
Workers operate sewing machines at a Thai Son S.P.  garment factory in Binh Thuan province, Ho Chi Minh City, Vietnam, on April 10. For more than 70 years, many emerging nations, especially in Asia, have become the low-cost manufacturer to the U.S., the world’s biggest consumer.
BUSINESS / Economy
May 5, 2025
Global factories struggle to overcome Trump tariffs and uncertainty
Purchasing manager indexes across Asia, along with revised numbers in Europe, showed new or persisting contractions in factory activity in April.
U.S. President Donald Trump's 100th day rally in Warren, Michigan, on April 29
BUSINESS
May 4, 2025
Auto workers welcome Trump tariffs, no matter the fate of Wall Street
According to some autoworkers, the tariffs are their best chance of restoring American manufacturing might.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight