manufacturing

Chip Shortage Forces Toyota to Scale Back Production
Chip Shortage Forces Toyota to Scale Back Production
October 15, 2021  |  Retail

Toyota Motor Corp. on Friday (Oct. 15) announced scheduled shutdowns of its Japan production plants in November from one to five days, blaming the ongoing...

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Semiconductor Manufacturer to Build New Japanese Chip Factory
Semiconductor Manufacturer to Build New Japanese Chip Factory
October 14, 2021  |  Retail

Taiwan Semiconductor Manufacturing Co. (TSMC) announced that it will build a chip manufacturing plant in Japan to boost its production levels during the global semiconductor...

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Philly Fed Survey Reveals Record-Breaking Trends In Manufacturing Sector
Philly Fed Survey Reveals Record-Breaking Trends In Manufacturing Sector
March 18, 2021  |  Economy

After a year of dire economic news and gloomy predictions, the March 2021 Manufacturing Business Outlook Survey from the Federal Reserve Bank of Philadelphia has...

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Retail, Manufacturing Activity Exceeds Expectations In China
Retail, Manufacturing Activity Exceeds Expectations In China
March 15, 2021  |  Retail

Factory and retail industry activity jumped in China during January and February, coming out ahead of expectations, Reuters reported. National Bureau of Statistics (NBS) figures...

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Manufacturing Activity Rebounding Faster Than Service Sector
Manufacturing Activity Rebounding Faster Than Service Sector
February 19, 2021  |  Economy

Countries that largely depend on exporting manufactured goods are starting to see economic recovery, even as service-oriented businesses continue to suffer from the pandemic’s toll...

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Alibaba Gets Into The Garment Manufacturing Business
Alibaba Gets Into The Garment Manufacturing Business
November 10, 2020  |  International

As most companies rush to grow their online presence, Alibaba is actively seeking to expand its offline footprint through its new manufacturing division, Xunxi. The...

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Orders For Cars, Transportation Equipment Rebound In September
Orders For Cars, Transportation Equipment Rebound In September
October 27, 2020  |  Economy

The U.S. economy may be rebounding faster than previously thought, with orders of durable goods – from cars to communications equipment – handily beating estimates...

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Small Manufacturers Surprise With Accelerated Digitization
Small Manufacturers Surprise With Accelerated Digitization
October 20, 2020  |  B2B Payments

Pre-pandemic, the digital transformation was a struggle — particularly for the manufacturing sector. It’s a challenge that can be exacerbated even further among smaller manufacturers...

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The ‘Frankencloud’ That Threatens Manufacturers’ Modernization Progress
The ‘Frankencloud’ That Threatens Manufacturers’ Modernization Progress
October 20, 2020  |  B2B Payments

No manufacturer was immune to the widespread and dramatic market impacts of the global pandemic. Between fluctuating consumer buying behavior and supply chain disruptions, manufacturers...

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