AGP Executive Report
Last update: 3 hours agoChip Manufacturing: Japan and the U.S. launched a $21 billion initiative for two GlobalFoundries-operated chip plants in New York. TSMC is also weighing a Texas fab as AI demand drives expansion plans. Factory Expansion: Lockheed Martin is growing advanced-munitions production in Texas, with thousands of U.S. jobs expected. SEL plans a new manufacturing plant in Post Falls, Idaho, and about 250 hires. Workforce and Research: Wisconsin awarded $6.6 million to 84 manufacturers for AI and robotics training; Arkansas State received $2.1 million for AI research in steel manufacturing. Costs and Output: U.S. manufacturing sales rose 1.5% in August, but producer prices jumped 6.3% year over year in September as fuel costs pushed up shipping and warehousing expenses.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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