AGP Executive Report
Last update: 8 hours agoFactory Investment: Alphabet’s Wing plans to invest up to $125 million in a Fort Worth drone factory, its first dedicated U.S. production site, with capacity for tens of thousands of aircraft a year. Pfizer is also planning a $650 million manufacturing technology center in Connecticut, while Mikkelsen Innovation has opened a manufacturing and support facility in Milwaukee. Jobs and Output: U.S. manufacturing added 19,000 jobs in October, and the ISM sector index logged a tenth straight month of expansion, though growth eased and inflationary pressures intensified. Plant Restructuring: John Deere will close two Iowa operations as it reshapes its U.S. manufacturing footprint amid a slump in farm equipment, affecting workers and local suppliers. Workforce Pipeline: A looming labor shortage in the U.S. chip industry is prompting Arizona community colleges to train workers for semiconductor jobs.
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