Moonshot Manufacturing, Leaning into Lithium and Criminal Crackdown: IndustryWeek's Weekly Reads
It's been a busy week for manufacturing and at IndustryWeek.com. Earnings report season earned extensive attention from our IndustryWeek manufacturing community, as did senior editor Laura Putre's conversation with Pfizer supply chain chief Mike McDermott and GM's large investment in lithium. What follows is IW's Top 10 most-consumed content in the past seven days. We invite you to take a moment and read what you've been missing.
GM Investing $650M in Lithium Miner, Targeting $2B in Cost Cuts: CFO says the auto maker isn’t doing anything ‘to prepare for a price war’ in the EV market.
Major Cybercriminal Ring Taken Down by FBI: The core group of hackers purportedly spoke Russian. Take that for what you will.
How Do I Reduce Inventory, Yet Meet On-Time Delivery Goals? When there are major uncertainties in the economy, this is a particularly delicate planning dance.
Where Do Digital Twins Add the Most Value? There’s a learning curve with simulation tools.
Cat Margins Hit Record, Execs See Strength in Construction: The equipment manufacturer’s leaders see a more typical sales year ahead and say fewer suppliers are pushing for price hikes.
Manufacturing Saves Women’s Lives in Nashville: At Thistle Farms, manufacturing products allows women from difficult circumstances to reclaim their lives.
Manufacturers Are Missing Out on B2B Direct Sales: Dependent on channel partners and worried about the revenue at risk, many are reluctant to change.
Toyota Top-Selling Automaker for Third Year Running: Last year, Toyota sold about 5% more electrified vehicles than in 2021.
Nucor Execs See ‘Gathering Momentum’ in Key Sector: The steel maker is ramping up capex plans this year to about $3B as it preps for a wave of infrastructure work.
Cracking the mRNA Manufacturing Code with Pfizer's Supply Chain Chief: Scaling up production of the COVID vaccine from zero to 3 billion doses was Mike McDermott's personal "moonshot."
Editor's Choice
IW U.S. 500: Top Primary Metals Manufacturers: Primary metals producers performed exceedingly well on the 2022 IW U.S. 500 list of largest publicly traded manufacturing companies in the United States.