Manufacturing

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Manufacturing
By Pooja Malik

IGO Finalises Copper Wolf Buyout in Arizona

The company will pay $6.15 million to acquire the outstanding joint venture interest, giving it complete control of the US-based project. 

Manufacturing
By Pooja Malik

Mazda Warns New Emissions Fines Could Hit Entire Auto Industry

The automaker says rising emissions compliance costs may not be limited to individual brands, with industry-wide impacts possible if EV sales fail to increase.

Manufacturing
By Pooja Malik

Ford Rehires Veteran Engineers as AI Falls Short on Quality

The automaker has brought back 350 experienced engineers after AI and automated quality systems failed to meet expectations, highlighting the continued value of human expertise in improving manufacturing quality and identifying defects early.

Manufacturing
By Pooja Malik

Volkswagen to Shut Four German Plants, Cut 100,000 Jobs: Report

The German auto giant is considering sweeping workforce reductions and plant closures to restore profitability as slowing demand and growing competition reshape the global automotive industry. 

More manufacturing News

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MANUFACTURING

Reliance Worldwide Shuts Melbourne Sites; 85 Jobs Affected

Reliance Worldwide, the Australian plumbing products manufacturer behind brands such as SharkBite and HoldRite, plans to close several Melbourne manufacturing sites. This move will impact 85 employees as automation and increased local production in the U.S. reduce demand for Australian-made components. The company expects the restructuring to improve earnings from FY27.

By Pooja Malik
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MANUFACTURING

Australian Manufacturers Tighten Forecasts After Peace Deal

Australian manufacturers announced on Monday, May 13, 2026, that despite a US‑Iran peace pact lowering fuel prices, persistent port congestion and a dip in consumer spending force CEOs to tighten forecasts, add margin cushions, and lock in fixed‑price contracts. Builders must adjust pricing, cash‑flow terms, and inventory now to protect profitability through the quarter.

By Pooja Malik
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MANUFACTURING

Musk Announces a $20B Tesla and SpaceX Chip Factory in Austin 

Elon Musk made a splash on Saturday, with the unveiling of Terafab, a joint chip manufacturing factory located in Austin, Texas and owned by Tesla, SpaceX, and xAI. It has, in fact, two factories — one for the chip on a Tesla vehicle and Optimus robot and another for AI satellites in space. Terafab is driving toward 2-nanometer chip tech and plans to manufacture one terawatt of compute per year. The project is expected to cost between $20 and $25 billion. No confirmation has been given on a construction timeline. Musk said existing chip suppliers are unable to scale fast enough to meet demand for all of his companies.

By Shivangi