Manufacturing News

Stay informed on the latest manufacturing industry news. Read press releases covering aerospace, automotive, engineering, machinery, packaging, and textiles. Discover trends, innovations, and key developments shaping the future of manufacturing.

May 10, 2026 at 3:00 PM

Faraday Future Acknowledged and Appointed YT Jia as Sole Global CEO and Jerry Wang Appointed Global Executive Chairman; FF to Announce Upgraded Transformation Initiatives Next Week to Begin a New Growth Chapter as a Physical AI Company

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced a series of leadership and governance updates. The Company’s Board of Directors has acknowledged and appointed YT Jia as FF Global CEO and Jerry Wang as FF Global Executive Chairman. The Board has also accepted the resignation of Matthias Aydt from his position as Global Co-CEO and appointe...
May 10, 2026 at 6:29 AM

Taiwan Launches Danjiang Bridge, Showcasing World-Class Engineering

TAIPEI, Taiwan--(BUSINESS WIRE)--An inauguration ceremony was held on May 9 for the Danjiang Bridge, the world’s longest single-mast asymmetric cable-stayed bridge, ahead of its official opening to traffic on May 12, marking a major milestone after nearly three decades of planning and construction. At the ceremony in New Taipei attended by President Lai Ching-te, Premier Cho Jung-tai, Transportation Minister Chen Shih-kai and New Taipei Mayor Hou Yu-ih, the bridge was hailed as both an engineer...
May 8, 2026 at 7:20 PM

Cabinetworks Group Announces Closing of $100 Million New Money Financing, Refinancing, Extension of Maturities

NEW YORK--(BUSINESS WIRE)--Cabinetworks Group, one of the largest U.S. manufacturers of cabinets serving the repair & remodel and new construction end-markets, announced today the successful closing of financing transactions, including securing approximately $100 million of additional liquidity and extending existing maturities, supported by the vast majority of its creditors. Cabinetworks Group’s affiliate ACProducts Holdings Inc. (the “Company”) entered into a series of financing transact...
May 8, 2026 at 5:00 PM

Magellan Aerospace Announces Quarterly Dividend

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 (five cents) per share on the Corporation’s common shares. The Board of Directors of the Corporation continues to review its dividends on a quarterly basis for more visibility of recovery, and ensure that the dividend declared balances the return of capital to shareholders while maintaining adequate financial flexibili...
May 8, 2026 at 4:31 PM

Coolibar and Skin Cancer Survivor and Advocate, Dayanara Torres, Redefine Life in the Sun for Skin Cancer Awareness Month

MIAMI--(BUSINESS WIRE)--Coolibar, the world’s leading UPF 50+ sun protection apparel brand, is continuing its partnership with skin cancer survivor and advocate Dayanara Torres and the Melanoma Research Foundation (MRF) for Skin Cancer Awareness Month this May. The 2026 campaign brings a more intimate and elevated creative direction to Coolibar’s sun safety message, using emotional storytelling to encourage prevention, protection, and early detection. Together, the partners aim to reach communi...
May 8, 2026 at 4:30 PM

ESAB Corporation Board Declares Increased Dividend

NORTH BETHESDA, Md.--(BUSINESS WIRE)--ESAB Q2 2026 Dividend Press Release...
May 8, 2026 at 4:30 PM

Magellan Aerospace Announces Report on Voting Results for Directors

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (the "Corporation") announces that today at the annual meeting of shareholders of the Corporation (the “Meeting”) the proposed nominees for directors of the Corporation received the following votes: Name of Proposed Nominee Votes For Percentage of Votes For Votes Withheld Percentage of Votes Withheld N. Murray Edwards 48,084,585 98.17% 896,304 1.83% Phillip C. Underwood 48,550,861 99.12% 430,028 0.88% Beth M. Budd Bandler 47,...
May 8, 2026 at 3:05 PM

Mueller Industries, Inc. Declares Cash Dividend for Second Quarter

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 35 cents per share. The dividend will be payable June 19, 2026 to shareholders of record on June 5, 2026. Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservat...
May 8, 2026 at 12:24 PM

SkyWater Technology Stockholders Approve Merger Agreement with IonQ

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT) (the “Company”), the largest exclusively U.S.-based, semiconductor foundry, today announced that its stockholders approved at a special meeting held earlier today, the Company’s previously announced merger agreement with IonQ, Inc. (“IonQ”) for the acquisition of the Company by IonQ. The final voting results will be reported in a Current Report on Form 8-K to be filed with the U.S. Securities and Exchange Commission....
May 8, 2026 at 10:00 AM

ONERugged Delivers Rugged Solutions for EV Smart Warehousing

SHENZHEN, China--(BUSINESS WIRE)--Discover how ONERugged’s rugged computing solutions improve EV warehouse efficiency by up to 60%, reducing errors and labor costs....
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