AGP Executive Report
Last update: an hour agoShipbuilding: Hanwha Defense USA won a $269 million contract to build a Navy landing ship at Philadelphia’s shipyard, with options for three more vessels — a boost for U.S. shipbuilding capacity. Factory Automation: At a Pennsylvania manufacturing summit, Gentex described using robotics to sand helmets, cutting processing time and easing a dirty, hard-to-staff task as it expands production. New Investment: Manufacturers announced projects including Honeywell’s planned $500 million Arizona facility, a 4-gigawatt solar-cell plant in Texas and a $28 million aluminum operation in Kentucky. USDA also plans to support eight fertilizer projects with more than $1.3 billion. Workforce: A $2.4 million federal grant will help an Minnesota college build training pathways linking students with advanced-manufacturing employers. Semiconductors: Intel shares plunged after a weak forecast, renewing questions about the company’s turnaround even as its Arizona fab ramps up production of U.S.-made chips.
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