Steel I Stock 1540

U.S. Steel Says No, Republic Steel Idles Mills, Big Investments Shine on Solar: IndustryWeek's Weekly Reads

Aug. 18, 2023
Also, three tips to overcome talent shortages, and why mergers and acquisitions appear poised for an uptick.

Steel news stole the top positions in this week's review of the most-consumed content on over the past seven days. Additionally, the IW manufacturing community embraced content about the talent shortage, new U.S. investments in manufacturing and Q2 updates on several EV makers. 

Without further ado, here is the IndustryWeek Top 10 from the past week. 

U.S. Steel Puts Itself Up For Sale After Rejecting Cleveland-Cliffs: The directors of U.S. Steel say they expect more bids to come their way.

Grupo Simec Idles Republic Steel Mills Indefinitely, Furloughs 500 Workers in Ohio and New York: The Mexican company, which purchased Republic Steel in 2005, said the plants would be idled indefinitely as it moves production to a newer facility in Mexico.

The Post-Industrial Service Economy Isn’t Working for the Middle Class: Wages and benefits from manufacturing jobs used to give adults with a high school education a path into the middle class.

Hiring Creatively: 3 Ways Manufacturers Can Overcome Talent Shortages: Rethink recruiting, create great culture and offer professional growth opportunities.

Manufacturing Is Losing the Race to Recruit, Advance Women: CEOs consistently say that finding ways to bridge the talent gap is their greatest concern, but they aren’t seriously tackling the problem.

Billions of Dollars to be Invested in New US Solar Manufacturing Facilities: Companies Maxeon and First Solar have each announced the locations for their solar module production facilities.

Nikola, Rivian and Lucid: What Happened in Q2? Rivian boosted its production guidance, Lucid slashed prices and Nikola CEO Michael Lohscheller announced his resignation.

Mergers & Acquisitions Market Appears Poised for an Upswing: Buyers and sellers have growing confidence in the economic outlook; ‘People are settling into the new interest-rate environment.’

Nikola to Recall 209 Trucks After Battery Fire: A third-party investigation revealed that a coolant leak caused the June ignition.

Pratt & Whitney Engine Issue Adds to Airline Challenges: Company officials described the issue as one of quality control, stressing that there is no immediate risk to flight safety.

Editor's Choice

Sage Advice about Older Workers: Manufacturing often frets about the aging of its workforce. Some nimble companies revel in it.

Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!