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SEMI report shows that global 300mm fab equipment spending will rise greatly by 2026

Canadian Manufacturing

300mm Fab Equipment Spending MILPITAS — Global 300mm fab equipment spending for front-end facilities next year is expected to begin a growth streak to a US$119 billion record high in 2026 following a decline in 2023, SEMI highlighted on Jun. 13 in its quarterly 300mm Fab Outlook Report to 2026. billion in 2026.

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Ford to manufacture F-Series cars at Oakville plant starting in 2026

Canadian Manufacturing

assembly plant starting in 2026, adding capacity of up to 100,000 additional units. Ford Motor Co. says it plans to assemble its F-Series Super Duty pickup trucks at its Oakville, Ont., Ford is spending around US$3 billion to expand Super Duty production, which includes US$2.3

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Need for Supply Chain Solutions Boosts Global Freight Visibility Demand

Frost & Sullivan Manufacturing

San Antonio –July 28, 2022– The increasing complexity of global supply chains across industries, such as unreported process delays and late deliveries, necessitates shippers to have real-time visibility into the status of their freight. As a result, the global supply chain management platform market will likely reach $32.31

Freight 52
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Semiconductor market will reach an all-time high in 2026, says SEMI

Canadian Manufacturing

million wafers per month (wpm) in 2026, SEMI said in its 300mm Fab Outlook to 2026 report. “The foundry, memory and power sectors will be major drivers of the new record capacity increase expected in 2026.” The companies are planning 82 new facilities and lines to start operations from 2023 to 2026.

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Magna awarded contract by INEOS Automotive for manufacturing of electric vehicle

Canadian Manufacturing

Magna started working with INEOS Automotive in 2018 on complete vehicle engineering services ahead of the launch of the company’s first 4X4, the Grenadier. In addition to manufacturing, Magna will also be responsible for the engineering of the complete vehicle.

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Neo secures contract for EV magnet supply in Europe

Canadian Manufacturing

Production is expected to start in the second half of 2026 and continue through 2033, with peak supply anticipated in 2029. Neo is positioning itself to benefit from regulatory changes and the EV industry’s shift towards local supply chains.

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Confronted by Rising Costs, Weakening European Demand, and Increased Competition from Chinese Automakers, Volkswagen opts for Drastic Restructuring

Frost & Sullivan Manufacturing

Volkswagen, Germany’s iconic automotive brand, is on the verge of making drastic structural changes. This unprecedented decision forms part of a larger plan to save €10 billion by 2026. This unprecedented decision forms part of a larger plan to save €10 billion by 2026.