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The Panama Canal Predicament, Executives' Upbeat Outlook: IndustryWeek's Weekly Reads

Nov. 10, 2023
Also, spending at Siemens and India's big plans.

A variety of topics and news updates caught our readers' attention during the last seven days. Check out IndustryWeek's coverage of cyberattacks, UAW contract talks and Rivian's third-quarter results.

Here is the IndustryWeek Top 10 from the past week.

Boeing Faces Deadline to Meet Ransomware Demand: Failing to pay out might risk the release of stolen data that could potentially include military industries.

What’s Next for the UAW? 5 Takeaways from Labor Experts: With big wins from Ford, Stellantis and General Motors in its new tentative contracts, the United Auto Workers sets its sights on Toyota and Tesla.

Updated: The Panama Canal Continues to Reduce Daily Transit Capacity: Droughts affecting the region and decades of poor water management have created ongoing issues for the waterway.

Updated: Clorox Cyberattack Cost $356 Million: The bleach manufacturer this week begins the cleanup process to fully repair damage from an attack first reported in mid-August that slowed production and caused product shortages.

Rivian Raises 2023 Production Guidance: The electric vehicle maker also announced it will end its delivery van exclusivity deal with Amazon.

Siemens to Spend $150 Million on Data Center Factory as Part of $500 Infrastructure Wave: The German tech company estimates its planned investments in U.S. infrastructure will create 1,700 U.S. jobs.

Will India’s Industrial Ambition Thwart China?: The prime minister's goal is to transform India into one of the world’s top three economies within five years.

Will Your Digital Strategy Work in the Future?: Discrete manufacturers’ plans should be flexible enough to adapt to what’s coming, as well as what’s just ahead or already here.

Ford, Stellantis, General Motors Plant Investments Promised to Win UAW Contracts: In addition to wage increases, a faster track to top wages for newer workers and retiree benefits, the UAW won investment guarantees from Detroit's automakers in recent contract talks.

Parker-Hannifin, Ingersoll Rand Execs Sustain Optimistic Notes on Demand: Both leadership teams raised profit outlooks and are maintaining their backlogs; ‘Things are not falling off a cliff.’

Editor's Choice: 

Managing Your Core Business Is the Best Strategy in Uncertainty: 5 ways to shore up and differentiate in areas where you excel.

Where Are the Innovators in Manufacturing Sustainability?: The industry needs more leadership from within to achieve its environmental goals, says the CEO of the U.S. Center for Advanced Manufacturing.

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