05/25/2018

News

Just how much is Tesla worth to the Bay Area and California?

In the Bay Area, Tesla’s biggest impact is seen in the number of jobs the company has created. Alameda County, which is home to Tesla’s Fremont factory, claimed 5,081 Tesla workers as residents, while 5,737 jobs came from residents of Santa Clara County, 735 from San Mateo County and 352 hailed from Sacramento. The study […]

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Solar-Panel Makers Ramp Up U.S. Manufacturing Plans

At least three panel companies have announced manufacturing plans in the U.S. in recent months. China’s JinkoSolar Holding Co. is opening a factory in Jacksonville, Fla. SunPower Corp. has agreed to acquire struggling panel maker SolarWorld Americas Inc. First Solar Inc. plans to open a new factory in Ohio, where it already has some panel-making […]

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Price Pump to move Sonoma manufacturing business to Idaho

It’s the end of an era. Price Pump has grown and thrived in Sonoma for 70 years. But before the end of this year, the manufacturer of high-tech pumps will pull up stakes and move its headquarters – lock, stock and pump – to Boise, Idaho. “It has simply become too difficult and too costly […]

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The global electric-vehicle market is amped up and on the rise

The Chinese market expanded by 72 percent over the previous year in 2017, solidifying China’s leadership position in EV sales. The country now has a larger EV market—primarily BEVs—than Europe and the United States combined. With a sales share of around 94 percent, domestic OEMs currently dominate the Chinese EV market. Generous subsidies and tight […]

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Qualcomm slashes 1,500 jobs in California, and its NXP bid faces objections in China

Qualcomm Inc. is slashing at least 1,500 jobs in California, trying to cut costs, at the same time its $44-billion bid to acquire NXP Semiconductors is running into problems getting antitrust clearance from China. The San Diego company, a leading provider of chips for mobile phones, said the layoffs included permanent and temporary workers. The […]

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Hanford official: Faraday Future sets May 21 target to install assembly lines

Kings County officials this week traveled to the Southern California town of Gardena to meet with executive staff of Faraday Future as well as company founder Jia Yuetin to help make plans for the startup’s Hanford assembly plant. Demolition work on the interior of the old Pirelli facility in the Hanford Industrial Park is underway […]

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U.S. Manufacturers Worry Tariffs Could Undermine Recovery

Manufacturing, long the sick patient in the U.S. economy as multinationals outsourced jobs, has added nearly 300,000 positions since the November 2016 election, increasing payrolls in 16 of the past 17 months. That included 22,000 positions last month. Overtime hours are up and orders are on the rise, making the current stretch among the strongest […]

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Europe’s Coming Gigafactory Boom

By 2020, at least seven new gigawatt-size battery factories are scheduled to start operating in Europe, writes Zak Derler of Climate Home News. European companies, such as car manufacturer Daimler, invest in their own regionally-based gigafactories to meet the battery demand for electric vehicles in the continent and the world.

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What Economists Don’t Know About Manufacturing

Manufacturing, and especially the initial production of new technologies, must be seen as part of the innovation system. It is an autonomously creative stage in which a new product must evolve through prototyping, product definition, and production design from an idea into both a marketable and produce-able good. This often requires a re-examination of the […]

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U.S. Factories Report Strong Demand, as Tariffs, Prices Threaten Expansion

U.S. factories reported robust demand for their products in March but say rising prices for materials, tied to new tariffs, threaten to slow the industry’s expansion. The Institute for Supply Management said Monday its index of factory activity settled at 59.3 in March, down slightly from 60.8 the prior month. Any reading above 50 indicates […]

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What if China corners the cobalt market?

It is widely known that more than half of the world’s cobalt reserves and production are in one dangerously unstable country, the Democratic Republic of Congo. What is less well known is that four-fifths of the cobalt sulphates and oxides used to make the all-important cathodes for lithium-ion batteries are refined in China. (Much of […]

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Homegrown agricultural technology company moving headquarters to Texas

A publicly traded company that started in the Sacramento region, moved away and came back once before, is again taking its headquarters out of the area. RiceBran Technologies, which moved to West Sacramento from Scottsdale, Arizona, only last year, will relocate to Houston in the second quarter, CEO Robert Smith said on a conference call […]

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Volkswagen Vows to Overtake Tesla With World’s Largest Electric-Car Fleet

Volkswagen has pulled into Tesla Inc.’s rearview mirror and vowed to overtake the electric-car pioneer with an extensive rollout of battery and hybrid models over the next five years, as well as new production facilities around the world. The German car maker—which is the largest world-wide, with sales of 10.7 million vehicles last year—said Tuesday […]

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TreeHouse Foods closing Visalia plant next year

The Illinois-based company, which has 40 plants across the U.S., Canada and Italy making pre-packaged foods and beverages, announced earlier this month its plans to close the Visalia plant at 9945 W. Goshen Ave. as part of a larger downsizing due to declining sales. . . . The Visalia facility produces pretzels and cereal snack […]

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Manufacturing in U.S. Expands at Fastest Pace Since May 2004

U.S. factories expanded in February at the fastest rate since May 2004, indicating sustained strength in manufacturing as demand remains solid, figures from the Institute for Supply Management showed Thursday. The latest advance extends a series of healthy readings in the survey-based measure of manufacturing that’s being fueled by improving global economies and firm business […]

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