Manufacturing
Renault Scales Up French Defense Drone Production
Renault is supporting France's defense ministry in accelerating drone production from one unit per 15 days to one every 2 hours. The initiative aims to bridge France's drone technology gap with global competitors. Ukraine is also advancing drone defenses and production capabilities.
Drone Manufacturers Scale Up Production
Defense contractors Vector and Nammo are expanding production capacity for armed autonomous aerial vehicles to meet growing military demand. Italy is assembling armed drones derived from Baykar's TB-3 design.
Defense manufacturers expand weapons production in Poland
Norwegian defense company Kongsberg and British investment fund FIDERA announced major manufacturing investments in Poland for ammunition and anti-drone systems. The initiatives strengthen European defense industrial capacity.
Ardo factory closure hits Austrian production
The Ardo vegetable processing plant in Austria announced permanent closure despite government efforts and industry support. The shutdown highlights cost pressures threatening European manufacturing competitiveness.
Zetwerk Sets IPO Terms for 5000-Crore Manufacturing Issue
B2B manufacturing platform Zetwerk set a price band of Rs 143-151 per share for its 5,012-crore initial public offering. The IPO reflects growing investor appetite for technology-enabled manufacturing businesses in India's capital markets.
Duralex Faces Final Court Hearing Over Takeover
French glassware maker Duralex is approaching a critical court decision in Orléans that could determine its future ownership and preserve between 125 and 155 jobs. The case represents a test of efforts to keep the iconic Made in France brand operational under new management.
Factory Workers Turn Against Republicans Over Tariffs
Trump's tariff policies are driving factory workers away from the Republican Party as manufacturers fear job losses rather than the promised manufacturing renaissance. Lifelong Republican voters like Nelson Vandermeer are reconsidering party allegiance over concerns that import taxes will harm employment. Factory workers in key districts now represent an electoral vulnerability for GOP candidates.
Globalfoundries Expands Chip Production in Dresden
Globalfoundries celebrated the topping-out of its Dresden expansion, aiming to boost capacity to over 1 million 300mm wafers annually by end of 2028. The investment will make Dresden Europe's largest semiconductor foundry facility.