AGP Executive Report
Last update: 2 hours agoPharma Investment: Bayer selected central Ohio for a $2.2 billion pharmaceutical manufacturing facility, adding significant U.S. drugmaking capacity. Advanced Chips: GlobalFoundries and TSMC struck a $2 billion deal to produce silicon interposers in the U.S., expanding domestic capacity for advanced AI chip packaging. Defense Production: Raytheon won a contract worth up to $6.3 billion for SM-3 interceptors, while Camden, Arkansas, delivered its first U.S.-made Tamir interceptors. Workforce & Jobs: Manufacturers face a steep skills gap, with 1.7 million skilled-trade openings projected each year through 2035; thousands of manufacturing layoffs were also announced in September.
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