U.S. manufacturing activity remained in contraction during June for a fourth straight month, but the improvement topped economists’ expectations and snapped three straight months of monthly decline.
Stanley B&D announced a leadership transition, with a new President and CEO set to take over as Donald Allan steps into the role of Executive Chair.
Micron is investing in U.S. memory production and R&D, a move set to create 90,000 jobs and open growth opportunities across the semiconductor supply chain.
Manufacturers’ confidence hit a post-pandemic low in NAM’s 2Q25 survey, with rising tariff concerns and slowing growth expectations prolonging uncertainty.
U.S. manufacturing activity contracted for the third straight month in May as the ISM’s PMI dipped, falling short of expectations amid ongoing demand weakness.
The investment is set to create the first new primary aluminum production plant to be built in the U.S. in 45 years.
The company reported a decline in sales but improved margins, driven by cost initiatives and manufacturing credit despite ongoing market headwinds.
Stanley Black & Decker implemented a high-single digit price increase on U.S. tools in April, with plans to introduce a second price increase effective the beginning of the third quarter.
Respondents in the 1Q25 Baird-MDM Industrial Distribution Survey were divided on 2025 demand and investment outlooks, as tariff uncertainty clouds confidence and prompts cautious strategic planning. See our full breakdown of the results.
New England-based Siri Wire is a manufacturer and distributor of stainless steel wire products, used in applications such as filters screens and washers.
ABB announced plans to spin off its robotics division in its largest portfolio shift since 2018, aiming for a separately listed entity in 2Q26.
The company is aiming for a potential sale as part of a major restructuring to streamline operations and focus on tire manufacturing.
