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The Today in Manufacturing Podcast is brought to you by the editors of Manufacturing.net and Industrial Equipment News (IEN).
This week's episode is brought to you by the fintech pioneers at Klear. When demand outpaces the funding needed to sustain growth, manufacturers run into what is known as the “success trap."
The success trap is all too common. Enterprises invest heavily to fill orders while waiting weeks for payment. This dynamic can create a deficit in working capital that forces many to make decisions that lead to delivery delays and frustrated customers.
Check out this report, "The Success Trap: Why Fast-Growing Manufacturers Fail," to learn how manufacturers can avoid these types of barriers in growing their business.
Every week, we cover the three biggest stories in manufacturing, and the implications they have on the industry moving forward. This week:
Stellantis Sells Half of $3.7B EV Battery Plant for $100 - @3:10
Stellantis recently took a $26 billion charge due to overestimating EV demand and now it looks like the automaker is taking a total bath on its LG Energy joint venture.
Waymo Workers in Philippines Are Helping Stumped 'Driverless' Cars - @12:52
Whoever wins the race to the first viable driverless taxi fleet is in for a windfall.
Rockwell Automation Picks City for New Million-Square-Foot Manufacturing Facility - @31:16
Rockwell Automation in November announced plans for a 1 million-square-foot manufacturing facility; it could be its largest anywhere.
In Case You Missed It
Honda Developing Energy Efficient AI Chip to Help Eliminate Vehicle Crashes - @39:55
Prototype chips are expected to be tested in vehicles in the next three to five years.
Infusing Asphalt with Plastic Could Help Roads Last Longer - @44:34
How plastic roads work.
Smart Underwear Could Help Treat Intestinal Health Issues -@51:43
Researchers at the University of Maryland have created the first wearable device designed to measure human flatulence.
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