The funding is intended to help smaller suppliers transition to the EV supply chain. Vice President Kamala Harris announced that President Biden’s administration is investing $100 million to…
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FTC Fines Retailer $3.17M for False ‘Made in USA’ Claims
The agency seeks to ensure truth in product labeling, mandating stricter compliance measures. The Federal Trade Commission has reached a settlement with Williams-Sonoma in which the prominent home…
Read MoreCommerce Department Announces Agreement for Samsung Chip Facilities
Preliminary agreement proposes investing $6.4 billion into facility construction and expansion in Texas. The Department of Commerce announced that it has reached a non-binding domestic manufacturing agreement with…
Read MoreDOD Invests in Domestic Nickel and Cobalt Supply Chains
Funding comes under the Defense Production Act Investment Program. The Department of Defense has announced a $7 million award to The Doe Run Resources Corporation (Doe Run) under…
Read MoreCommerce Department Reaches Preliminary Agreement with Intel
CHIPS funding would support Intel manufacturing in four states. The Commerce Department announced that it has reached a preliminary agreement with Intel Corporation, offering the company $8.5 billion…
Read MoreTransportation Department Proposes Phase-Out of Domestic Products Waiver
The administration says the policy under the 1983 Buy America program does not align with domestic manufacturing goals. The Department of Transportation (DOT) introduced a rule that would…
Read MorePresident Says Ukraine Aid Would Fund U.S. Manufacturing
White House continues advocating for foreign aid congressional approval President Joe Biden continues to advocate for congressional approval of financial aid for Ukraine. He said on Tuesday that…
Read MoreWhite House Announces $5 Billion for Semiconductor Research
The administration establishes a center for research and a public-private development consortium. President Biden’s administration has announced a $5 billion investment into domestic semiconductor research and development (R&D),…
Read MoreDOE Announces Investment in Emission Reduction Technology
Funding to address difficulties of industrial decarbonization. The Department of Energy recently invested $254 million into projects dedicated to decarbonizing the industrial sector. About 30 percent of America’s…
Read MoreCommerce Department Announces Domestic Chip Production Grants
$62 million in funding to support U.S. chip factories. The U.S. Department of Commerce announced a second tranche this week from the Chips and Science Act of 2022…
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