AGP Executive Report

Last update: 10 hours ago

Power Infrastructure Orders: Transformers and Rectifiers India (TARIL) won a large GETCO order for 80 MVAR and 125 MVAR shunt reactors plus 500 MVA auto transformers, to be delivered over 24–30 months, underscoring ongoing grid buildout needs. Solar & Storage Policy: India’s MNRE expanded ALMM List-II for solar cells, lifting enlisted capacity to about 37.39 GW, while regulators and utilities continued shaping battery storage and grid access rules. Industrial Strategy: Porsche laid out “Sportwagenschmiede ’35” through 2035, aiming for a lower break-even point under a “value over volume” plan. Semiconductor Labor Risk: Micron’s Taiwan union secured authorization to strike over a bonus dispute, raising supply-chain concerns in DRAM/HBM production. Defense Manufacturing Scale-Up: Anduril and the U.S. Navy plan up to $6.6B for Virginia-class submarine production capacity at Sparrows Point, and the Navy advanced SM-6 Block IAU production prep with Raytheon. Clean Energy Manufacturing: Rivan Industries opened the UK’s first synthetic natural gas manufacturing facility, targeting up to 1 TWh online in three years. Battery Remanufacturing Investment: French startup VoltR raised €22M to scale lithium battery remanufacturing across Europe. Manufacturing Workforce & Recognition: Fidelity Manufacturing became 100% employee-owned via an ESOP, while Rockwell Medical earned Fortune’s No. 16 spot on the 2026 Best Workplaces in Manufacturing & Production list.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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9 hours ago

Lodging Concepts Manufacturing added as approved supplier for Residence Inn by Marriott

AGP

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9 hours ago

Thermo Systems buys PKM Panel Systems to expand manufacturing

AGP

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10 hours ago

Fidelity Manufacturing becomes employee-owned as it expands into Texas

AGP

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12 hours ago

Uzbekistan pushes rail manufacturing beyond imports

AGP


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