Manufacturing Archives

Potato-to-fibre inventor wins Manufacturing Futures 2024 award

July 10, 2024 mpsingh No Comments Beauty Award, Futures, inventor, Manufacturing, Potatotofibre, wins

A cotton-like material made from potato waste has won the 2024 Manufacturing Futures Innovation Challenge’s top prize. The £15,000 award from event organiser Fashion District will go towards helping its creator Fibe to finance its development. Idan Gal-Shohet, co-founder of Fibe The material science start-up has developed “the world’s first textile fibres out of potato [...]read morePotato-to-fibre inventor wins Manufacturing Futures 2024 award

Boohoo hit by investor lawsuit over statements on Leicester manufacturing scandal

June 7, 2024 mpsingh No Comments Beauty Boohoo, hit, investor, lawsuit, Leicester, Manufacturing, scandal, statements

Boohoo’s troubles continue to surface. The once-dominant fast-fashion retailer is now facing a lawsuit related to historical claims of worker mistreatment and factory violations at manufacturing ops it used in Leicester. Boohoo The original claims by the Sunday Times back in 2022 led to a Boohoo share-price collapse, wiping more than £1.5 billion off the [...]read moreBoohoo hit by investor lawsuit over statements on Leicester manufacturing scandal

John Smedley reopens for third-party manufacturing after 40-year hiatus

April 24, 2024 mpsingh No Comments Beauty 40year, hiatus, John, Manufacturing, reopens, Smedley, thirdparty

Heritage knitwear specialist John Smedley is betting on UK manufacturing being able to make a comeback in a much-changed world and is investing millions in making its factory in England available for third-party manufacturing for the first time in four decades. John Smedley The globally-stocked brand said it has seen growing demand for manufacturing services [...]read moreJohn Smedley reopens for third-party manufacturing after 40-year hiatus

US to award TSMC $6.6B in grants, $5B in loans to step up chip manufacturing in Arizona

April 8, 2024 mpsingh No Comments Technology 6.6B, Arizona, Award, chip, grants, Loans, Manufacturing, Step, TSMC

The U.S. Commerce Department said on Monday that it has signed an agreement to award Taiwan Semiconductor Manufacturing (TSMC) $6.6 billion in direct funding under the CHIPS and Science Act to set up semiconductor factories in Phoenix, Arizona, and provide up to $5 billion in loans. This grant, pegged for the company’s U.S. subsidiary, TSMC [...]read moreUS to award TSMC $6.6B in grants, $5B in loans to step up chip manufacturing in Arizona

Tesla making RHD cars in Germany for export; RM9.5 billion manufacturing plant in India planned

April 5, 2024 mpsingh No Comments Auto billion, cars, export, Germany, India, Making, Manufacturing, planned, plant, RHD, RM9.5, Tesla

Tesla has started producing right-hand-drive cars at its Berlin, Germany plant for export to India later this year, while a team from the electric carmaker is expected to visit India this month to explore potential sites for a manufacturing plant in the country that would need an investment of around US$2 billion (RM9.48 billion), Reuters [...]read moreTesla making RHD cars in Germany for export; RM9.5 billion manufacturing plant in India planned

White House proposes up to $8.5B to fund Intel’s domestic chip manufacturing

March 20, 2024 mpsingh No Comments Technology 8.5B, chip, domestic, fund, house, Intels, Manufacturing, Proposes, White

Well before President Joe Biden signed the CHIPS and Science Act into law back in August 2022, Intel has been a cornerstone of U.S. efforts to increase domestic chip manufacturing. This morning, the White House announced an agreement with the Department of Commerce that would deliver the silicon giant up to $8.5 billion to shore [...]read moreWhite House proposes up to $8.5B to fund Intel’s domestic chip manufacturing

Microsoft and Intel strike a custom chip manufacturing deal

February 22, 2024 mpsingh No Comments Technology chip, Custom, deal, Intel, Manufacturing, Microsoft, Strike

Intel will be producing custom chips, designed by Microsoft for Microsoft, as part of a deal that Intel says is worth more than $15 billion. Intel announced the partnership during its Intel Foundry event today. Although neither company specified what the chips would be used for, Bloomberg noted today that Microsoft has been planning in-house [...]read moreMicrosoft and Intel strike a custom chip manufacturing deal

The hard tech renaissance accelerates as YC spotlights space manufacturing and defense

February 17, 2024 mpsingh No Comments Technology accelerates, defense, hard, Manufacturing, renaissance, Space, spotlights, tech

Y Combinator is putting hard-tech in the spotlight. On Wednesday, the accelerator released an updated list of ideas it would like to see in applications — with categories like space, manufacturing and defense featured prominently. YC has backed plenty of hard-tech startups before. Launch companies Stoke Space and Relativity Space and satellite broadband provider Astranis, are [...]read moreThe hard tech renaissance accelerates as YC spotlights space manufacturing and defense

Manufacturing Futures’ for emerging firms

February 12, 2024 mpsingh No Comments Beauty Emerging, Firms, Futures, Manufacturing

An impressive panels of judges has been lined up by Fashion District, as the industry networking company launches ‘Innovation Challenge: Manufacturing Futures’ to find “emerging businesses with innovative solutions to revolutionise the retail and fashion manufacturing industry for the better”. Lone Design Club Gillian Lipton, Sustainability Director at Alexander McQueen, Ella Gould, Head of Sustainability [...]read moreManufacturing Futures’ for emerging firms