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Top News In உற்பத்தி ஒன்றுபட்டது மாநிலங்களில் நிறுவனம் Today - Breaking & Trending Today

Siemens: Manufacturing largely unaffected amid second wave: Sunil Mathur, Siemens

"The January to March quarters were very good with both private as well as government capex really kicking off. That was really heartening and we got a lot of interest in digital projects and in automation." ....

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Three Trends Driving Change For Industrial Manufacturers In 2021

The pandemic has pushed manufacturers who were reluctant about changing processes to be more open to adopting advanced technology and trying new business models. ....

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Microwave popcorn startup Opopop raises $5M ahead of product launch

Food industry news, voices and jobs. Optimized for your mobile phone. ....

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Illinois manufacturing group frustrated by law regarding pre-judgement interest

by Kevin Bessler, The Center Square
| June 03, 2021 12:00 PM
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A new Illinois law that allows for plaintiffs to collect pretrial interest on money awarded in some civil suits is causing concern among manufacturers and health care providers.
Governor J.B. Pritzker signed SB72 into law last week after vetoing a previous version in March. Pritzker said he did not support a previous version of the bill because its rate of 9% interest was significantly higher than other states. The new version puts the rate at 6%.
Prejudgment interest would not apply to state and local governments, school districts, community colleges and other government entities or consumer debt, nor would it apply to settlements. ....

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General Motors to Increase Production as Chip Shortage Eases

G.M. will increase production of cars and trucks as the chip shortage eases.
A General Motors assembly plant in Wentzville, Mo., where midsize pickup trucks and full-size vans are made.Credit.Associated Press
June 3, 2021, 12:27 p.m. ET
General Motors said Thursday that it expected to increase shipments of pickup trucks and other vehicles to dealers over the next several weeks, a sign that the global shortage of computer chips is beginning to ease.
G.M.’s financial results in the first half of the year would be “significantly better” than it had previously forecast, the automaker said in a statement. The company had previously indicated that its profit would fall to about $500 million in the second quarter, from more than $3 billion in the first quarter. The company had blamed the chip shortage for forcing it to idle several plants for weeks at a time. ....

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