Latest Production facilities News
US lawsuit accuses PepsiCo of price discrimination that favored Walmart over smaller stores
The Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one large retailer at the expense of other vendors and consumers. The benefiting customer wasn't named in an FTC statement about the...
US defense contractor to build 4,000-worker advanced manufacturing facility in central Ohio
COLUMBUS, Ohio (AP) — U.S. defense contractor Anduril Industries is preparing to build a massive advanced manufacturing facility in central Ohio, adding a planned 4,000 jobs to the area's burgeoning high-tech sector, state officials announced Thursday. The Cosa Mesa,...
Taiwan takes a further step in production of AI chips with advanced new plant
TAIPEI, Taiwan (AP) — Taiwan took another step in enhancing its key role in the production of advanced semiconductor chips used for artificial intelligence on Thursday with the inauguration of a new plant by Siliconware Precision Industries Co. The opening ceremony for the Tan-Ke...
FTC sues Deere & Co. for monopolizing farm-equipment repair market
SPRINGFIELD, Ill. (AP) — Deere & Co. unfairly forces farmers to visit authorized dealers to repair their equipment, resulting in higher prices than if they could fix it themselves or get help from independent shops, the Federal Trade Commission claims in a federal lawsuit filed Wednesday with...
What products contain Red 3 dye? Checking ingredient labels is the best way to find out
The Food and Drug Administration is ordering food and drug makers to remove a dye called Red 3 from the products U.S. consumers eat and drink. The colorant was banned from cosmetics and non-oral medications decades ago because a study showed it caused cancer when eaten by rats. But...
Newsom committed California to making its own insulin. It’s at least a year behind his schedule
Gov. Gavin Newsom’s ambitious plan to produce a cheap, generic insulin for the 3.2 million Californians with diabetes is behind the schedule he announced and unlikely to make it to market for several years, industry experts say. Civica, Inc., the nonprofit drug manufacturer...
Jack Daniel's parent Brown-Forman is cutting its workforce and closing its barrel-making plant
LOUISVILLE, Ky. (AP) — Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting moves come as American whiskey producers face stiff challenges from changing consumer trends and...
Boeing's aircraft deliveries and orders in 2024 reflect the company's rough year
Boeing delivered less than half the number of commercial aircraft to customers than its European rival in 2024 as the American aerospace giant's output suffered under intensified government scrutiny and a factory workers' strike, according to data released Tuesday. Boeing said it...
J&J buys Intra-Cellular in $14.6 billion deal, delving further into central nervous system disorders
Johnson & Johnson will spend more than $14 billion to delve further into the treatment of central nervous system disorders by purchasing Intra-Cellular Therapies. The health care giant said Monday that it will pay $132 in cash for each share of Intra-Cellular. That represents a...
China's exports in December up 10.7%, beating estimates as higher US tariffs loom
HONG KONG (AP) — China’s exports in December grew at a faster pace than expected, as factories rushed to fill orders to beat higher tariffs that U.S. President-elect Donald Trump has threatened to impose once he takes office. Exports rose 10.7% from a year earlier, according to...
