AGP Executive Report
Last update: 11 hours agoPharma Manufacturing: Samsung Biologics added a $325 million contract and expanded a second deal, lifting its order book by about $348 million over two days. Factory Momentum: U.S. manufacturing grew for a tenth straight month in October, with the ISM index at 55.5; UK output rose at its fastest pace in 25 months. But energy, materials and supply-chain costs remain a drag. U.S. Capacity: Hyundai plans a $413 million Alabama expansion for hybrid and extended-range vehicles, while U.S. Steel broke ground on a $1.9 billion Arkansas iron plant. Lockheed Martin is investing $420 million to expand missile production in Arkansas and add 650 jobs. Global Supply Chains: India is betting billions on domestic chipmaking, focusing on established technologies rather than the most advanced processors. In Pakistan, industrialists warn that high energy costs and shifting policies are putting local manufacturers at risk.
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