EV Headwinds, Steel Rebound and About 'Liberation Day': IndustryWeek's Weekly Review
Welcome to IndustryWeek's Weekly Review, where we share the the IW manufacturing community's most-viewed content over the past seven days.
Battery Manufacturer Bets Big on Brownfield Site in Buffalo, New York: Revitalizing an impoverished neighborhood was a business decision, not altruism, says the leadership at Viridi, a company making power storage systems for industrial applications.
Cleveland-Cliffs Executives See ‘Significant Rebound’ in Steel Demand: Growth from automotive customers is leading the way and CFO Celso Goncalves told analysts “the signs of a real recovery are forming.” Leaders also have signed deals to sell eight properties for a total of $425 million.
Tariffs Are Painful, Reshoring Slow, Ingenuity Ascendant: As 'Liberation Day' hits the six-month mark, we take stock of manufacturers' struggles and successes and look for a way forward.
Auto Suppliers: It's Smart to Consider New Markets: Given the current EV headwinds, how do you make that assessment appropriately?
GE Aerospace Foundation to Invest $30 Million to Strengthen Manufacturing Workforce Training: “Inventing the future of flight requires workers with the cutting-edge skills ready to bring our visions to life,” says GE Aerospace Chairman and CEO H. Lawrence Culp Jr.
GM Executives: It’s Time to Shrink EV Operations: Deliveries rose 6% from a year earlier and leaders have raised their 2025 forecasts for EBIT and free cash flow. But the auto giant also is making “a quick adjustment to the reality around us” by, among other things, ending production of its BrightDrop electric delivery van.
Softballs in Space and Indian Motorcycle Goes For a Ride: So That Happened: IndustryWeek editors look into those stories, plus why you should be paranoid about AI, the state of the supply chain and consolidation in the grid equipment market.
Trump Extends Auto Tariff Relief, Formalizes Truck Duties: While imported trucks will soon face a steep duty, senior U.S. officials told journalists that there will still be some favorable treatment linked to the USMCA.
Stellantis to Invest $13 Billion in US: "This investment in the U.S. -- the single largest in the Company's history -- will drive our growth, strengthen our manufacturing footprint and bring more American jobs to the states we call home," says Stellantis CEO Antonio Filosa.
Podcast: Leadership Characteristic 8: Empathy for Others: In this episode of Behind the Curtain: Adventures in Continuous Improvement, podcast hosts Dr. Mohamed Saleh and John Dyer continue their multi-episode discussion about 10 critical leadership characteristics for team-based improvement. The focus of this podcast: empathy.