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Industries: Page 181

EU Approves $7.4B in Funding for Hydrogen Supply Chain

The money will support 32 companies working on 33 projects along the EU’s hydrogen value chain and likely unlock over $5.81 billion in private investments.

Photo: iStock.com/Khaosai Wongnatthakan

S&P: Carmakers Shrug off Red Sea Disruptions

The current earnings reporting season indicates the impact on supply chains may not be as significant as initially feared

Photo: iStock / IgorSPb

Volkswagen Plans to Supply EV Parts, Cells to India’s Mahindra

Mahindra will equip some of its five planned electric sport utility vehicles with components from Volkswagen’s MEB platform and unified cells, the carmaker said in an exchange filing February 16.

Photo: Krisztian Bocsi/Bloomberg

Arizona Company Planning $344M Solar Panel Recycling Factory in Georgia

Solarcycle said that it would hire over 600 employees to work at the Cedartown, Georgia-based facility, which is set to open in 2026.

Photo: iStock.com/Bilanol

Almost All Independent U.S. Pharmacies Facing Drug Shortages, Survey Says

Eighty-seven percent of respondents said that they are experiencing a shortage of Adderall or other generic drugs, which was slightly down compared to a similar survey conducted in September.

Photo: iStock.com/dragana991

Airbus Aims to Complete 800 Aircraft Deliveries in 2024

The company said in an annual earnings report February 15 that it wants to deliver 800 commercial planes in 2024, up from 735 in 2023.

Photo: iStock.com/Boarding1Now

General Motors, Panasonic Sign Investment Deals with Canadian Graphite Producer

GM and Panasonic have each committed to purchase 18,000 metric tons of active anode material annually over a period of six to seven years, Nouveau Monde Graphite said.

Photo: iStock.com/Dziggyfoto

Oil Demand Growth Slowing as Non-OPEC Supply Increases

The IEA said that it anticipates oil demand will peak by 2030 as the world attempts to transition to cleaner energy sources. OPEC says it will peak after 2044.

Photo: iStock.com/tifonimages

Biden Administration Pledges Almost $1B to Improve 114 U.S. Airports

Most of the funding will be used to refurbish airports, make facilities more sustainable, provide more airport access to smaller communities, improve passenger experiences or build new terminals.

Tampa, Florida. Photo: iStock.com/mokee81

Staff Shortages Remain Top Challenge for Supply Chain in 2024

Respondents expressed optimism in the economy, and more than 50% say they’ve seen a “greater focus and understanding of supply chains” from those in the C-Suite.

Photo: iStock.com/Hakase_

FTC Examining Shortages of Cancer Treatments and Other Drugs

The federal government asked about shortages of generic drugs and whether groups that purchase quantities in bulk are contributing to the problem.

Washington D.C. Photo: Bloomberg

Energy Chief: U.S. ‘Very Concerned’ About China’s Dominance of Critical Minerals

Energy Secretary Jennifer Granholm said that the U.S. is currently updating its laws, including a 150-year-old mining regulation, to ensure the “sustainable and efficient” extraction of critical minerals.

Photo: iStock.com/Andrzej Rostek

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Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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