Tag: #manufacturing

U.S. Manufacturing Hits 52-Month High in S&P Global Flash PMI, Raising Inflation Concerns

S&P Global’s flash PMI shows U.S. manufacturing surged to a 52-month high in September, boosting growth outlook while heightening inflation and rate risks.

#manufacturing, #economy, #inflation, #pmi

Pratt & Whitney Grants Hermeus License to Produce F100 Fighter Engine

Pratt & Whitney licensed its F100‑PW‑229 to Hermeus, allowing Hermeus to build the engine under P&W standards to boost U.S. capacity and speed Quarterhorse.

$RTX, #defense, #aerospace, #manufacturing, #hermeus, #rtx

Apple deepens Broadcom tie with multiyear chip pact, $1.5 billion Fort Collins expansion

Apple and Broadcom extend ties through 2031 in deals set to exceed $30B, produce 15 billion U.S.-made chips and fund a $1.5B Fort Collins expansion.

$AAPL, $AVGO, #apple, #broadcom, #chips, #manufacturing, #fortcollins

Toyota to Invest $3.6 Billion to Double San Antonio Plant, Add Tacoma Line and 2,000 Jobs

Toyota will invest $3.6 billion to double its San Antonio plant, add a second Tacoma assembly line and create 2,000 jobs as production shifts from Mexico.

$TM, #toyota, #automotive, #manufacturing, #sanantonio, #texas

Caterpillar Q1 Sales and Profit Jump 22% as Tariff Costs Trim Margins

Caterpillar's Q1 sales rose 22% to $17.4B and EPS increased, but higher tariff-related manufacturing costs trimmed profit margins.

$CAT, #caterpillar, #earnings, #manufacturing, #construction