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💴 This Week in Manufacturing

Old-fashioned manners say it’s not polite to talk about money, but modern American manufacturing is about pushing boundaries. Today’s newsletter goes deep on the green: specifically funding!

This week’s podcast feature from Heavy Hitters dives into the heart of funding: venture capital’s impact on supply chain tech.

Our feature company, Rezzimax, has used its funding to grow its domestic supply chain and bring innovative new products to consumers.

Next, our headlines cover increased funding in electric commercial trucking, clean energy, lithium battery supply chain, and more!

Finally, our Fun Fact shows buyers putting their dollars to good use in the global semiconductor race.

Thanks for joining us!

P.S. Do you have a story to share about innovation at your company? We'd love to profile you! Click here (it’s free)

⚙ Manufacturing Headlines

• Dow investing in new world-scale carbonate solvents facility in US [Fibre2Fashion]

• SK Hynix may plan new packaging facility for HBM in Indiana [DigiTimes Asia]

• Utah company designs pain relief devices [CompanyWeek]

• Truck Makers Unite for Largest U.S. Commercial Vehicle EV Battery Plant [Fabbaloo]

• Ballard Announces $54 Million of Additional Funding Support [North American Clean Energy]

• U.S. manufacturing grew for the first time since 2022 [Yahoo Finance]

BIOSCIENCE & MEDICAL

♨️ Rezzimax

Founder and CEO Sharik Peck utilizes Utahn ingenuity and a local workforce to manufacture his patented migraine relief device.

Peck has a bachelor’s degree in physical therapy and a master’s in vocational rehabilitation counseling. He’s also had numerous instances of physical trauma during his lifetime. It’s been his struggles that led him to want to help others.

Presently, the devices are undergoing clinical research, which is taking place at the speech and language pathology department of the Mayo Clinic in Minnesota and the headache center of MD Anderson Center in Texas.

Upshot: “As a manufacturer, you’re never fully 100 percent happy with things until they’re perfect. But if you wait until they’re perfect, you’ll never get it finished.”

FROM THE FEED

📱Donut Production Line

 🤨 Did You Know?

The US leads with

60% market share

in global semiconductor design.

^{Source: RBC Capital Markets}

🎧 Podcasts Worth A Listen

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