Welcome to our weekly roundup of North America manufacturing news, designed to inform you of all the industry stories you should know about.
Nineteen Group expands U.S. presence and manufacturing portfolio with Reliabilityweb acquisition
Nineteen Group, the international events and media organization, has announced the acquisition of Reliabilityweb, a highly respected global community dedicated to reliability engineering, maintenance excellence, and asset performance. Read more via The Manufacturer
US manufacturing growth cools in December as new orders slip, PMI shows
US manufacturing activity continued to expand in December, albeit at a slower pace, as a renewed decline in new orders offset solid output growth and strengthening employment, according to the latest S&P Global US Manufacturing PMI data. Read more via The Manufacturer
Samsung Biologics enters US manufacturing market with $280m GSK facility acquisition
Samsung Biologics has entered the US manufacturing market for the first time, acquiring a biopharmaceutical production facility in Maryland from GlaxoSmithKline (GSK) in a deal valued at $280m. Read more via The Manufacturer
Massachusetts receives $551k grant to support workers laid off by L.S. Starrett Co.
The U.S. Department of Labor has awarded $551,195 to Massachusetts to provide employment and training services for workers affected by recent layoffs at The L.S. Starrett Co., a precision tool manufacturer and one of the region’s largest employers. Read more via The Manufacturer
BlueScope Steel rejects ‘highly opportunistic’ takeover proposal from Australia’s SGH and America’s Steel Dynamics
The Board of Australia-headquartered BlueScope Steel has announced that it has unanimously rejected the unsolicited, non-binding, indicative and conditional takeover proposal received from a consortium comprising Australia’s SGH Limited and America’s Steel Dynamics, Inc. Read more via The Manufacturer
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