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...Alabama-based Hibbett has 1,169 stores located in 36 states across the US. In the year to February, it generated net sales of $1.7bn and pre-tax profit of $131.6mn....
...Southern lawmakers lured foreign automakers’ US manufacturing operations to states including Tennessee and Alabama with generous tax breaks and promises that they are inhospitable to unions that typically...
...“The Alabama model for economic success is under attack,” wrote Alabama governor Kay Ivey on the state commerce department’s blog in January, calling car manufacturing one of Alabama’s “crown jewel industries...
...President Xi Jinping’s bet on manufacturing....
...Its grip on solar manufacturing is expected to remain largely unchallenged through the end of the decade....
...Growth in the services sector offset weakness in manufacturing to lift S&P Global’s monthly gauge of eurozone corporate activity for April above the forecasts of most economists....
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
...He had previously said the Model 2 would require a new “revolutionary manufacturing system” at factories in Austin, Texas, as well as in Mexico....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...He testily refused to comment this week on reports that the ambitious Model 2 project — which called for a new “revolutionary manufacturing system” at factories in Texas and Mexico — had been scrapped so...
...China dominates manufacturing, making more than half of all electric or plug-in hybrid cars, compared with just 10 per cent of traditional engine-driven vehicles....
...Shanghai state-owned media noted Cook praised the “high level of modernisation in Chinese factories, with very advanced manufacturing capabilities and well-trained workers”....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...Cook pioneered Apple’s shift of its supply chain from the US to China, establishing manufacturing of its iPhones, AirPods, Macs and iPads in the country....
...Tin, tungsten and tantalum are critical in the manufacturing of smartphones and Apple’s sourcing of the minerals has long been under scrutiny....
...The downturn in the eurozone’s struggling economy is easing, according to a closely tracked business survey, which found a stabilisation of activity at services companies offset a steep decline in manufacturing...
...Analysts are predicting they will show the lowest gross margin since early 2017, when it had just begun manufacturing its first mass-market car, the Model 3....
...Hyundai added that during its Alabama site’s 18 years of operation “our team members have not shown an interest in union representation.” Volkswagen and Subaru declined to comment....
...A really intriguing story as the US UAW labour union files charges against Mercedes-Benz for opposing a unionisation drive at its plant in Alabama....
...In recent months, Beijing has redirected resources to the manufacturing and high-tech sectors....
...The US healthcare company said on Friday that it would pay $335 a share in cash to acquire Shockwave, which specialises in manufacturing a catheter-based treatment for patients with calcified arteries....
...Tesla has paused production and evacuated its only European car manufacturing plant after a suspected arson attack on a nearby electricity pylon caused widespread power cuts....
...As integral to the region’s manufacturing history as the nearby Harland & Wolff shipyard that built the Titanic, the Shorts plant is owned by Spirit AeroSystems, a key supplier to Airbus....
...The president is also presiding over a booming economy and strong labour market, following a string of legislative accomplishments designed to boost domestic manufacturing....
...The move is a blow to Boeing, which has struggled with manufacturing defects on the 737....
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