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 29, 2026 at 9:00 AM

Chevron Names New General Counsel

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced the appointment of Scott A. Keller as general counsel. Keller, 44, will join Chevron on July 1 as general counsel, and will report to Chevron’s current chief legal officer, R. Hewitt Pate, in anticipation of Pate’s expected retirement in mid-2027 after 17 years of service. Upon his expected appointment to the position of chief legal officer, effective January 1, 2027, Keller will lead the company’s worldwide legal affairs...
May 29, 2026 at 9:00 AM

Zef Scientific Retains LCMS Industry Expert to Accelerate Business Expansion

LAKE FOREST, Calif.--(BUSINESS WIRE)--Zef Scientific, Inc. (ZefSci), the leading North America independent service provider of multivendor LCMS systems, today announced a partnership with Boston based Peak Life Science Advisors, LLC with industry expert Rick Carberry. Recently acquired by Shimadzu Scientific Instruments (SSI), ZefSci is looking to help fuel its growth through new partnership development within the LCMS “ecosystem”. Providing expert sales, marketing and in-lab service support fo...
May 29, 2026 at 8:23 AM

U.S.-Made Nitrile Gloves Approved for TSA Use

CHILLICOTHE, Ohio--(BUSINESS WIRE)--Ohio-made nitrile gloves by USMGC earn TSA approval, supplied through CABVI's federal contract for security officer protection....
May 29, 2026 at 8:00 AM

Bristol Myers Squibb Announces CELMoD Mezigdomide Reduces Risk of Disease Progression or Death by More than 50% vs. Standard of Care in Relapsed or Refractory Multiple Myeloma

PRINCETON, N.J.--(BUSINESS WIRE)--BMS Announces CELMoD Mezigdomide Reduces Risk of Disease Progression or Death by More than 50% vs. Standard of Care in.......
May 29, 2026 at 7:11 AM

ACMI and NSWC Indian Head Division Undertake a $250 Million Project to Supercharge America’s Manufacturing Innovation

INDIAN HEAD, Md.--(BUSINESS WIRE)--Yesterday, the American Center for Manufacturing & Innovation (ACMI) broke ground on the Maryland Energetics Innovation Hub (MEIH), a first-of-its-kind defense manufacturing and innovation hub designed to modernize how the United States develops, tests, and scales critical technologies and energetics production for the military. Backed by an initial $50 million award from Naval Surface Warfare Center Indian Head Division (NSWC IHD) and expected to catalyze...
May 29, 2026 at 6:50 AM

IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF), a global leader in flavors, fragrances, food ingredients, and health and biosciences, today announced that it has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners, a leading global private markets manager, in a transaction that values the business at approximately $4.3 billion, representing an enterprise value-to-EBITDA multiple of approximately 10x. As part of the transaction, IFF has chosen to...
May 29, 2026 at 6:15 AM

Natuzzi Announces Resignation of a Board Member, Pietro Labriola

SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--NATUZZI ANNOUNCES RESIGNATION OF A BOARD MEMBER, PIETRO LABRIOLA...
May 29, 2026 at 5:39 AM

FPT and CP Partner to Advance AI-Led Agri-Food Value Chains

BANGKOK--(BUSINESS WIRE)--Charoen Pokphand Foods Public Company Limited (CPF) and FPT Corporation (FPT) recently signed a Memorandum of Understanding (MoU) for a strategic cooperation in Vietnam between CPF and FPT to advance AI-led and digital transformation in agri-food value chains, with the focus on agriculture, food processing, smart manufacturing, and supply chain management in Vietnam. The MoU exchange ceremony took place at the Thailand-Vietnam Business Forum 2026, held on May 28, 2026,...
May 29, 2026 at 2:06 AM

Silicon Motion Introduces Advanced AI-Optimized SM2524XT PCIe Gen5 DRAMless SSD Controller for AI PCs

TAIPEI, Taiwan--(BUSINESS WIRE)--Silicon Motion Technology Corporation (NasdaqGS:SIMO), a global leader in NAND flash controllers for solid-state storage devices, today announced the SM2524XT, a next-generation PCIe Gen5 DRAMless SSD controller purpose-built for AI inference and KV Cache-intensive workloads. The SM2524XT leverages a new four-processor-core architecture with PCIe Gen5 x4 and NAND interface speeds up to 4800 MT/s to achieve sequential read speeds up to 14 GB/s and industry-leadin...
May 28, 2026 at 11:39 PM

Forgent Power Solutions Announces Pricing of Upsized Public Offering of Class A Common Stock

DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS) (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the pricing of an upsized public offering of its Class A common stock at a public offering price of $47.00 per share. The offering consists of 28,542,420 shares of Class A common stock being offered by parent entities of the...
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