Keel Expands South Carolina Operations with $67 Million Investment
Defense manufacturer Keel announced a $67 million expansion of its Yonges Island shipyard in Charleston County, creating 170 new jobs. The project will advance submarine and aircraft carrier component production for the U.S. Navy. Officials praised the move as a major...
Over 4,000 Federal Workers Cut Across Multiple U.S. Agencies
The Trump administration has begun laying off more than 4,000 federal workers as the government shutdown continues, following through on the president’s pledge to downsize the federal workforce. Job cuts span multiple departments, including Treasury, Health and Human...
Trump Threatens 100% Tariffs on China Amid Renewed Trade Tensions
Donald Trump has threatened to impose 100% tariffs on Chinese goods starting November 1, accusing Beijing of hostile actions to restrict exports of rare earth materials vital to US industries. The move risks reigniting a trade war just months after both countries...
California Passes Bill to Boost Clean Manufacturing Investment
California lawmakers have approved AB 1280, a bill designed to spur industrial investment and job retention by expanding financing options for manufacturers adopting energy-efficient technologies like thermal energy storage systems and heat pumps. The legislation...
Indian Pharma Giant Lupin Investing $250M in Florida Respiratory Drug Plant
Indian drugmaker Lupin is creating more than 200 jobs in Coral Springs, Florida, through a $250 million investment in a new pharmaceutical manufacturing plant. The planned 70,000-square-foot facility, expected to open by 2030, will produce at least 25 respiratory...
Ford Expands Louisville, Kentucky Footprint with $41 Million Land Purchase
Ford Motor Co. has expanded its Louisville presence with the $41.28 million purchase of more than 65 acres of land next to its Kentucky Truck Plant on Chamberlain Lane. The property, previously bought for $575,000 in 2018 by Cincinnati-based Nine Five, highlights...
US Senate Confirms Three New Commerce Department Leaders
The Senate voted 51-47 to confirm three new leaders at the U.S. Department of Commerce, including David Fogel as assistant secretary for global markets and director general of the United States and Foreign Commercial Service, Pierre Gentin as general counsel, and...
Takeda Cuts 137 Jobs in Cambridge, Massachusetts
Takeda Pharmaceuticals will lay off 137 employees next year as it discontinues its cell therapy program, marking a move separate from last year’s 1,000 job cuts under a broader efficiency plan. The layoffs, affecting staff across three Cambridge locations, will begin...
White House Suggests Not All Furloughed Workers Will Be Paid
Federal workers face growing uncertainty as the government shutdown deepens, with a White House memo suggesting not all furloughed employees may receive back pay once operations resume. The Trump administration’s stance contradicts existing federal law requiring back...
Glaukos Expands to Huntsville with $80 Million Facility, Bringing 150 Jobs
Glaukos Corp. is investing $80 million to build a new research, development, and manufacturing facility in Huntsville that will create more than 150 full-time jobs. The 200,000-square-foot site in Cummings Research Park will focus on developing innovative therapies...