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Every week, we cover the five biggest stories in manufacturing, and the implications they have on the industry moving forward. This week:
Jabil Plans to Create Nearly 1,200 Jobs in North Carolina with Manufacturing Investment - @3:50
Electronics maker Jabil says it will create 1,200 jobs in North Carolina when it spends $500 million to build a factory to support cloud computing and AI data centers.
Town Wants Pot Taxes to Fund Legal Fight with Battery Manufacturer - @12:00
For more than a year, Green Charter Township has been locked in a legal battle with Gotion, a Chinese battery manufacturer.
EV Maker’s Factory Tour So Popular It Needs a Lottery - @23:55
Xiaomi a Chinese consumer electronics giant, recently dipped its toe into the automotive space.
Nike Soars On Production Shift Away from China, But it Warns of $1B Tariff Hit - @35:13
Last Friday, Nike shares jumped at the opening bell after the company promised to move some production away from China. Then the company quickly warned that tariffs will cost it about $1 billion.
Musk's Top Lieutenant Departs Tesla Unexpectedly - @44:49
One of Tesla’s executive officers has left the company.
In Case You Missed It
Lululemon Sues Costco for Selling 'Dupes' - @53:08
Copycat clothing controversy: The legal battle reshaping athleisure market.
Key Inflation Gauge Rose Last Month While Americans Cut Back on Spending - @58:57
Prices rose 2.3% in May compared with a year ago.
Eaton’s 'Factories as a Grid' Approach Advances Energy Security - @1:04:26
A part of Eaton’s Everything as a Grid perspective, the Factories as a Grid strategy hinges on the scaled implementation of intelligent power management solutions.
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