#manufacturing

Posts mentioning hashtag #manufacturing

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Intel India Mafia

Indian engineers at Intel are enabling semiconductor industry in India! After they are done transferring the technology they will again walk back to Intel as their friends are the corrupt managers! https://manufacturing.economictimes.indiatimes.com/amp/news/hi-tech/the-rise-of-the-intel-mafia-shaping-indias-semiconductor-future/123252445


Layoffs and plant closures at International Paper

  • International Paper will close two Georgia mills, impacting 1,100 jobs.
  • The company will invest $250 million to convert an Alabama mill to produce containerboard.
  • International Paper is selling its Global Cellulose Fibers business for $1.5 billion.

https://www.commercialappeal.com/story/money/business/2025/08/21/international-paper-mill-closures-employee-layoffs/85760791007/


Job cuts ahead at Bridgestone tire plant in Normal

There will be a significant workforce reduction at the Bridgestone Off-the-Road Tire Plant in Normal. Neither the company nor the United Steelworkers union representing workers could provide a precise number of jobs targeted.

https://www.wglt.org/local-news/2025-08-21/job-cuts-ahead-at-bridgestone-tire-plant-in-normal


Any idea how deeply tariffs might hit us?

It’s not just that our manufacturing could take a hit. Agriculture is already struggling, demand has been going down steadily, and purchasing power is clearly slipping. A lot of folks are holding off on buying or investing simply because there’s so much uncertainty. All of that is bound to affect us down the line. And that likely means more cuts, more layoffs, and more of us out there looking for work. It feels like we’re sliding into a vicious cycle, and I’m worried about what all that will mean for our jobs.


Deere - Midwest - 238 jobs cut

  • John Deere will cut 238 jobs across three Midwest facilities due to weak demand and tariff costs
    --- Harvester Works (East Moline, IL): 115 jobs, last day Aug 29
    --- Seeding & Cylinder (Moline, IL): 52 jobs, last day Sept 26
    --- Foundry (Waterloo, IA): 71 jobs, last day Sept 19

  • Reasons include a struggling farm economy, declining orders, and higher tariffs on steel, aluminum, EU, and India imports

  • Financial results for Q3 2025
    --- Net income down 26% year-over-year to $1.3B
    --- Sales and revenue down 9% to $12B
    --- Tariff costs $200M in Q3, $300M year-to-date, forecast nearly $600M

  • Competitors AGCO and CNH also reported lower sales, though broader S&P 500 earnings rose 11% year-over-year

  • John Deere plans to invest $20B in U.S. manufacturing over the next decade to offset tariff effects

  • Employees may be recalled and will receive benefits depending on tenure

  • Outlook: trade agreements and renewable fuel demand could help, but farm equipment spending is expected to remain cautious

  • John Deere will cut 238 jobs across three Midwest facilities due to weak demand and tariff costs
    --- Harvester Works (East Moline, IL): 115 jobs, last day Aug 29
    --- Seeding & Cylinder (Moline, IL): 52 jobs, last day Sept 26
    --- Foundry (Waterloo, IA): 71 jobs, last day Sept 19

  • Reasons include a struggling farm economy, declining orders, and higher tariffs on steel, aluminum, EU, and India imports

  • Financial results for Q3 2025
    --- Net income down 26% year-over-year to $1.3B
    --- Sales and revenue down 9% to $12B
    --- Tariff costs $200M in Q3, $300M year-to-date, forecast nearly $600M

  • Competitors AGCO and CNH also reported lower sales, though broader S&P 500 earnings rose 11% year-over-year

  • John Deere plans to invest $20B in U.S. manufacturing over the next decade to offset tariff effects

  • Employees may be recalled and will receive benefits depending on tenure

  • Outlook: trade agreements and renewable fuel demand could help, but farm equipment spending is expected to remain cautious


Most of Intel manufacturing sites are Not in US, but in other countries (China, Ireland, Israel, Malasia, Vietnam, etc). Is Intel a US company?

Most of Intel's fabs, assembly and packaging sites are in other countries, not in US at all. Intel only has 60% fabs in US, and 99% assemble and packaging are in other countries (China, Malaysia, Penang, etc).

Does Intel count as a US manufacturing company? Its manufacturing in non-US countries is higher than other companies.


John Deere Confirms 238 Layoffs Across 3 Plants

Facilities involved include:

  • Harvester Works in East Moline, Ill.: 115 (last day of work Aug. 29)
  • Seeding and Cylinder in Moline, Ill.: 52 (last day of work Sept. 26)
  • Foundry in Waterloo, Iowa: 71 (last day of work Sept. 19)

https://www.agweb.com/news/breaking-john-deere-confirms-238-layoffs-across-3-plants


Ohio politicians are pi$$ed

https://www.news5cleveland.com/news/politics/ohio-politics/ohios-intel-plant-has-been-stalled-for-years-now-trump-moreno-husted-are-getting-involved-heres-why#google_vignette

Ohio's U.S. Senator Bernie Moreno has joined President Donald Trump in asking for tech giant Intel's CEO to resign due to his reported ties to the Chinese government. Moreno has also asked for a fraud investigation into Intel's continued delays on the state's long-awaited semiconductor manufacturing plant.


Cold Chain Technologies Layoffs / Massachusetts

Franklin-based Cold Chain Technologies, a manufacturer of specialized thermal packaging for life sciences and other industries, will permanently end manufacturing at its Massachusetts headquarters this fall and lay off 82 employees between October 1 and year-end, according to a state WARN notice. The company will shift production from its Franklin facility at 135 Constitution Blvd. to other U.S. sites in Pennsylvania, Tennessee, and Texas, while retaining some staff locally for unspecified “certain operations.” Cold Chain Technologies also provides digital shipment monitoring services and works with airlines and freight companies. In addition to its Franklin global headquarters, it operates facilities in multiple U.S. states and internationally in the Netherlands, Singapore, Panama, Uruguay, and Brazil.


Not So Squiet

Perhaps the rumour mill is working overtime. Nicolas Not So Squiet visiting EMEA. Escorted by the lead singer of The Undertones. Maybe it should be the Undertakers! Production is moving out of what is left of a decimated footprint in the UK. Another Tireman hire who can only see cost-cutting as the best route to business growth. As for Sharkey, well, what do you expect? Has not got the slightest clue about manufacturing, a puppet on the outpost, anticipating retirement any day soon. I just hope the Layoff compensation is decent and people get the best chance of finding something new.


Why are you here?

Just wondering. I come here once in a while to check on an old company I once worked at where I met a lot of nice people that I never keep in touch with but still care about. I was young and idealistic back then and thought I would make a career there. It turns out that I didn’t get picked for management for whatever reason and then I saw jobs get outsourced around me to India or Costa Rica, or somewhere else. I ended up leaving discouraged but at least now I make way more money than I ever could have at Emerson. I still have a place in my heart for the company but also some resentment for many of the same reasons I often see expressed here. So I guess for me it serves as a form of validation. In some ways I see it as emblematic of the death of one the last American manufacturing companies, consumed by the greed of an inner circle of hypocritical leaders who are really just out for themselves.