Manufacturing

The International Brotherhood of Teamsters is set to elect this week its first new leader in more than two decades. With nearly 1.4 million members, it is one of the largest unions in the country, representing workers from delivery drivers to airline staff to warehouse employees.

In the run-up to the U.N. climate talks in Glasgow, host Britain announced one of its goals of the conference was to consign coal to history. That turned out to be easier said that done

Goya CEO Bob Unanue told FOX Business he had “no choice” but to increase prices for goods as manufacturers and shoppers have been feeling the pinch of the rising cost of food due to supply chain disruptions, labor shortages and inflation.

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.

The FDA announced this week that the recall of more than 2.2 million at-home COVID-19 tests by digital diagnostics firm Ellume is being classified as a class 1 recall, which is the most serious type due to the potential for "serious adverse health consequences or death."

Republican Sen. Josh Hawley is rolling out a measure amid the supply chain crisis that would identify key goods critical to U.S. national security and impose local content requirements for them.

The shipping backlog at the Los Angeles and Long Beach, California, ports is not expected to ease up any time soon. Many western manufacturing and production companies ship in products from overseas by ship, and many of their products have been sitting on those ships for weeks to months.

Amid reports of diaper 'shortages' in the U.S., FOX Business asked around to find out what's going on

United Auto Workers for John Deere are on strike threatening major disruptions for the farm equipment maker.

Japan's industrial output fell for the second straight month in August as COVID-19 outbreaks elsewhere in Asia disrupted supply chains for carmakers already facing headwinds from a prolonged chip shortage.

Phantom Space, a Tucson, Arizona-based space transportation and rocket manufacturing startup, has reached a deal valued at up to $240 million to design, build and launch a 72-satellite constellation that will carry Industrial Internet of Things (IIoT) payloads for wireless network provider Ingenu.

The National Association of Manufacturers stopped short of endorsing President Biden’s plan requiring large companies to mandate vaccinations on Thursday, even as the prominent business group backed his call for all Americans to be vaccinated.

U.S manufacturers unveiled a six-figure ad campaign this week aimed at squashing vital parts of Democrats' $3.5 trillion reconciliation bill that include steeper taxes on corporations.

Michigan state and Ford company officials have determined a Ford plant as the source of benzene vapor in sewers that forced almost a dozen homes and a school in a Detroit suburb to evacuate.

Gun sales climbed during the COVID-19 pandemic, creating an ammunition shortage in the United States as manufacturers still struggle to keep up with demand.

Logjams at seaports around the world are leaving some American toy companies scrambling this summer to ensure sufficient supply will reach retail shelves come this year’s holiday shopping season.

Ford Motor Co. revved up surprise second-quarter profits this year – powered by climbing pickup and SUV prices even as a global computer chip shortage forced it to pump the brakes on production.

General Motors recently announced that it would reduce some truck production in North America due to the global chip shortage, while Ford has also pulled back production at several factories.

President Biden on Wednesday detailed his plans to invest billions of dollars to support new semiconductor chip factories, as he spoke about the need to bolster the American supply chain in Pennsylvania.

Furniture sales have surged during the pandemic, leading to major backlogs at manufacturing facilities. This means consumers around the nation should expect delays on their orders. A manufacturer in Conover, North Carolina says their shipping times used to be 8 weeks, but now it's taking them 22 weeks to send orders to customers. Industry experts say supply chain shortages are also contributing to the backlog, creating the perfect storm in recent months.