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Business

U.S. may lose silicon wafer factory if Congress can’t fund CHIPS Act, commerce secretary says

U.S. Commerce Secretary Gina Raimondo told CNBC’s Jim Cramer on Monday that she believes GlobalWafers will follow through on its plan to build a silicon wafer factory in Texas — but only if Congress passes funding for the CHIPS for America Act by the time the August recess begins. “This investment that they’re making is […]

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Finance

US government to invest up to $75mn in new Croda factory

The US government is investing up to $75mn in London-listed Croda’s new factory to shore up domestic production of a crucial component of mRNA vaccines, after the company provided the lipid nanoparticles for the BioNTech/Pfizer Covid-19 shot. Croda, a speciality chemical manufacturer, is also investing up to $58mn in the new site in Pennsylvania as […]

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Science

UK set to lose biggest microchip factory over ‘direct threat’ from China: ‘It’s madness’

The Newport Wafer Fab factory, based in South Wales, could be forced to relocate if the handover to Chinese buyers is not overturned, a report has revealed. Nexperia, a subsidiary of Chinese technology company Wingtech, technically purchased the factory last year. But in January, Business Secretary Kwasi Kwarteng acquired the power to intervene in the […]

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Science

Moderna backs ‘world-class’ Britain and commits to open huge new vaccine factory in UK

Britain has signed a deal with biotechnology company Moderna to build a major vaccine research and manufacturing facility for mRNA vaccines in the UK. This state-of-the-art mRNA vaccine manufacturing facility is expected to boost the UK’s rapid pandemic response capabilities, which the Government hopes will “future-proof the UK” against potential emerging health threats. The new mRNA Innovation […]

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Health

Iroquois County Genealogical Society presents Founding Fathers program

On Sunday, June 12, the Iroquois County Genealogical Society presented a program on the “Founding Fathers of Iroquois County.” The event took place in the Old Courthouse Museum, 103 W. Cherry, Watseka. Mary Buhr of the ICGS began the program by announcing the group had put all the information from its past program on “Indians […]

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Entertainment

Shout Factory TV July 2022 Movies and TV Series Announced

The Shout Factory TV July 2022 movies and TV series have been announced. Shout! Factory TV is available on a variety of platforms, live and on-demand, including ad-supported FAST channels or via subscription with no ads. The Shout Factory TV July 2022 lineup includes such titles as ALF: The Animated Series, ALF Tales, Glengarry Glen […]

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World

Moscow in FLAMES: ‘Suspicious’ explosion and enormous smoke cloud as factory burns

According to reports, the fire was raging and thick black clouds were billowing into the sky at a plant in Odintsovo. Ukrainian media reported that the blaze struck a paint and varnish plant on Transportny Proyezd with explosions heard. The claim was confirmed by the Odintsovo city surveillance service on messaging service Telegram, according to news […]

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World

800 civilians trapped in Severodonetsk factory as Russia attacks

An official in Ukraine’s southern region says Kyiv forces “out of ammo” as battles rage with Russian troops. Russia will respond “proportionately and appropriately” to a NATO buildup in Poland, an official says. President Volodymyr Zelenskyy struck a defiant note vowing “we will prevail” over Russian invaders. Ukraine says about 800 people are hiding underneath […]

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US

How Microsoft is Bringing the Metaverse to Factory Floors | The Motley Fool

The metaverse is starting to show up in some fascinating places and work environments. In this video clip from “The Virtual Opportunities Show” on Motley Fool Live, recorded on May 31, Fool.com contributor Rachel Warren discusses how Microsoft‘s (MSFT -4.46%) industrial metaverse is helping companies manage supply chain, production, and repair issues in manufacturing factories.  […]

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Science

Brexit helped us! UK handed EV boost with new factory to produce 10,000 cars a year

Electric vehicle startup REE has given the UK’s automotive industry a major boost as it is set to build a $15million (£12.1million) manufacturing hub in the UK. The plant, which will be built in Coventry, is set to produce bases or platforms for 10,000 cars a year. The site, which will be heavily automated, will […]