The majority of the loss resulted from the costs associated with its divestiture deal with Airbus, according to the earnings release. https://lnkd.in/eckRpwCX
Manufacturing Dive
Internet News
Washington, District of Columbia 1,177 followers
We provide business journalism and in-depth insight into the most impactful news and trends shaping manufacturing.
About us
Manufacturing Dive provides in-depth journalism and insight into the most impactful news and trends shaping manufacturing. The daily email newsletter and website cover topics such as operations, procurement, labor, regulation, tech, sustainability, and more. Manufacturing Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 13+ million decision-makers in the most competitive industries.
- Website
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https://www.manufacturingdive.com
External link for Manufacturing Dive
- Industry
- Internet News
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- 201-500 employees
- Headquarters
- Washington, District of Columbia
- Founded
- 2012
Updates
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Once among the vanguard of battery recyclers in the United States, Li-Cycle has fallen on hard times amid cost overruns at its ambitious hub project in Rochester, New York, which never began operations. https://lnkd.in/emtGvJrc
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Apple is investing an additional $100 billion in U.S. manufacturing that will fund expansions across 10 states, the company announced on Wednesday afternoon. https://lnkd.in/e-fj9xSw
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President Donald Trump plans to impose tariffs of “approximately 100%” on semiconductor imports, he said during a press briefing at the White House on Wednesday. https://lnkd.in/eQiZWEBA
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The U.S. will levy an additional 25% tariff on imports from India starting Aug. 27, according to an executive order from President Donald Trump published Wednesday. https://lnkd.in/escwD2p9
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Electric air taxi maker Joby Aviation and defense contractor L3Harris Technologies are collaborating to develop a hybrid vertical take-off and landing (VTOL) aircraft for defense operations. https://lnkd.in/eFSbZGCm
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The president indicated that announcements of pharmaceutical tariffs, as well as duties on semiconductors, would be announced “within the next week or so.” https://lnkd.in/eMwDvZFY
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The Chemours Co., DuPont de Nemours and Corteva reached a proposed agreement with the New Jersey Department of Environmental Protection to pay $875 million over a 25-year period to resolve all legacy PFAS-related claims in the state. https://lnkd.in/e5KamaKv
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The European Union will delay the implementation of its countermeasures to U.S. tariffs that were meant to go into effect Thursday by six months, according to Olof Gill, European Commission spokesperson for trade. https://lnkd.in/gx5KE-iF
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For chip manufacturers, the challenge lies in not just securing high volumes of ultrapure water, but also in purifying it to a usable degree and recycling the wastewater within the manufacturer’s ecosystem. https://lnkd.in/eRXHrPgZ
