AGP Executive Report
Last update: 3 hours agoDefense Manufacturing: Anduril and the U.S. Navy plan a $6.6 billion Maryland shipyard, with the Navy contributing $2.9 billion toward production of Virginia-class submarine components. Medical Production: BD plans $19 billion in U.S. investment, including $3 billion for manufacturing sites and more than $1 billion in Nebraska; it expects to add 5 billion medical products in annual capacity. Pharma Capacity: Bayer plans a $2.2 billion pharmaceutical manufacturing site in Ohio. Trade Policy: The U.S., India and 13 other economies signed a statement calling for action on excess capacity and market-distorting policies, with sector-specific cooperation ahead. India’s Export Ambition: New IEEMA president Siddharth Bhutoria set a goal of lifting electrical equipment exports from $14 billion to more than $60 billion. Renewables in Africa: Research finds erratic procurement and weak localization measures are holding back manufacturing and job growth in South Africa, Ghana and Kenya, despite rising renewable capacity.
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