Manufacturing News

SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that offers satellite buses, transportation and other in-space infrastructure services, announced today the granting of inducement awards to six new employees under Momentus’ 2022 Inducement Equity Plan. In accordance with NASDAQ Listing Rule 5635(c)(4), the awards were approved by Momentus’ Compensation Committee and made as a material inducement to each employee’s ent...

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced the results of its 2026 Annual Meeting of Stockholders (the “Annual Meeting”) held today, May 22nd, at which the Company’s stockholders approved all of the submitted proposals, which were meant to enhance FF’s financial stability and empower the leadership team to execute its strategic plan...

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket solutions, today announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.30 per common share, payable on June 23, 2026, to shareholders of record at the close of business on June 9, 2026. About PHINIA PHINIA is a diversified industrial supplier and global leader in the...

HYDERABAD, India & TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ intraoral scanners and services, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced plans to open a new manufacturing facility in Hyderabad, India in 2027, create more than 300 direct jobs, and spend approximately $200 million in both ca...

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Corp. (Nasdaq: PDYN and PDYNW) (“Palladyne AI”), a U.S.-based defense and industrial technology company delivering embodied AI-powered collaborative autonomy solutions, advanced avionics, precision-manufactured components, UAVs, and advanced aerospace engineering services, today announced that effective May 20, 2026, the Compensation Committee of Palladyne AI’s Board of Directors approved the grant of, in the aggregate, 91,528 restricted stock units...

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated declares second quarter 2026 dividend...

MIAMI--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. QAD | REDZONE EXPANDS COLLABORATION WITH AWS AND TCS TO ACCELERATE AI-DRIVEN TRANSFORMATION AND ERP MODERNIZATION This collaboration enables manufacturers to deploy AI-driven capabilities today, generate immediate value, and transition to a modern ERP environment on their own terms QAD | Redzone, the company delivering the leading manufacturing platform, powered by Agentic AI that...

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) was named 2025 GM Supplier of the Year by General Motors at its 34th annual Supplier of the Year event. Cleveland-Cliffs was the only North American steel producer recognized this year. This is the ninth time the company has received the award. Shilpan Amin, Senior Vice President, Global Chief Procurement and Supply Chain Officer, General Motors stated, “Supplier of the Year is one of those key moments our whole team looks forward to...

THE WOODLANDS, Texas--(BUSINESS WIRE)--Trecora, a global leader in specialty materials, will increase the price of all grades of Specialty Monomers by the amounts listed below effective June 1, 2026, or as contracts permit. The increase is necessary due to higher input costs, higher operating costs and continued investment in safe and reliable operations. Vinyl Toluene: $0.10/lb Divinylbenzene: $0.15/lb Para-Methylstyrene: $0.15/lb Para-Tertiary-Butyl Styrene: $0.20/lb About Trecora Based in Th...

DETROIT--(BUSINESS WIRE)--Georgia Tech has won Year Four of the EcoCAR EV Challenge, claiming the top spot in the final year of the collegiate engineering competition. McMaster University took second place, and Virginia Tech received third place. Managed by Argonne National Laboratory and headline sponsored by the U.S. Department of Energy (DOE), General Motors, and MathWorks, the competition challenged students from 15 North American universities to engineer a next-generation vehicle using aut...