From Kentucky to Minnesota: GE Appliances Distributes $150M in U.S. Supplier Contracts

GE Appliances has awarded more than $150 million in new contracts to U.S.-based suppliers across 10 states, including Kentucky, Tennessee, Indiana, Ohio, Illinois, Pennsylvania, Minnesota, Michigan, Alabama, and California, to support its new washer and washer/dryer manufacturing plant in Louisville, Kentucky. These supplier awards are in addition to the company’s $490 million laundry expansion and part of a broader $3 billion, five-year strategy to strengthen U.S. manufacturing, reshore production, and create over 1,000 jobs nationwide.

Insight: S&P 500 Industrials moved down 4.2% over the past week, reflecting negative sentiment in the manufacturing sector.r

🏭 Graco Expands Industrial Portfolio with Red Devil Acquisition 

Graco Inc. acquired Plymouth-based Red Devil Equipment Co. for $69 million, strengthening its position in paint-shaker manufacturing
Read story at BizJournals.com ➜

🛡️ Protecting Your Manufacturing Operations: How to Safeguard Against Rising Cyber Threats

A new report recommends companies to segment and monitor their networks to prevent hackers from infiltrating from IT to OT systems.
Read story at Manufacturing Dive→

🔋 Toyota Boosts US Manufacturing with $10B Investment and Battery Plant Launch

Toyota is investing an additional $10 billion in its US operations, marking a significant commitment to expanding its presence in the country.
Read story at Supply Chain Dive →

🤖 Cutting-edge AI Startup Cavela Secures Funding to Slash Manufacturing Costs - Your Key to Beating Tariff Pressures!

Cavela, a startup, secured $6.6M funding to support brands in reducing manufacturing costs, particularly in response to pre-tariff challenges.
Read the full story at TechCrunch →

Insight: Capacity utilization remained stable to 76.7%, indicating moderate factory utilization rates and balanced operations.

Source: Federal Reserve Economic Data (FRED)

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