UCB to Invest $2 Billion in Georgia, Establish First U.S. Manufacturing Facility


Georgia seal

ATLANTA – March 24, 2026 – Governor Brian P. Kemp today announced that global biopharmaceutical giant UCB, Inc. is planning a significant investment of $2 billion in Georgia to establish its first U.S. pharmaceutical biologics manufacturing facility. The investment will generate 330 new jobs over the next several years at the Rowen Foundation’s state-of-the-art, 2,000-acre science and learning campus in Gwinnett County.

“When we met with UCB leadership earlier this year in Belgium, we discussed how the Peach State would be the right partner for their visionary plans in the U.S. that will benefit both patients and hardworking Georgians,” said Governor Brian Kemp. “UCB’s announcement is also a significant milestone for our life sciences industry, representing one of the largest investments in state history and establishing both the Rowen facility and Georgia as a true hub of innovation in this field.”

A global biopharmaceutical company based in Belgium, UCB’s North American headquarters are located in Smyrna and currently support more than 400 jobs. UCB’s expertise spans neurology and immunology.

“This decision reflects our confidence in UCB’s long-term growth and our deep-rooted commitment to the United States,” said Jean-Christophe Tellier, CEO of UCB. “By investing in Georgia, where our U.S. headquarters have been based for more than three decades, we are strengthening our biologics manufacturing capabilities, supporting our innovation pipeline, and creating high-quality jobs in a state that offers outstanding talent, a strong manufacturing tradition, and an ecosystem designed for sustainable, long-term success. This project is expected to generate approximately $5 billion in total economic impact, reflecting the broader value it will create for the region and its communities.”

UCB’s new manufacturing footprint will be located at Rowen, serving as an anchor tenant for this 2,000-acre planned community in metro Atlanta designed to foster collaboration, knowledge sharing, and innovation. The cutting-edge campus will use a digital-first approach by leveraging AI, robotics, and automation while also prioritizing efficiency in the use of any natural resources.  

“We are thrilled that UCB has chosen Gwinnett County to advance its global operations and pioneering innovations,” said Chairwoman Nicole Love Hendrickson, Gwinnett County Board of Commissioners. “An investment of this magnitude was exactly what we envisioned when we committed to establishing Rowen as a hub for collaboration and discovery. As one of the most dynamic and diverse counties in the nation, Gwinnett connects UCB to a highly skilled, globally connected talent pool. UCB’s decision to invest here makes clear what industry leaders increasingly recognize: Gwinnett County is a partner in progress, committed to world-class infrastructure, premier services, and quality of life that support continued growth and success.”

“UCB’s decision to locate their new manufacturing operation in Gwinnett County is a testament to the strength of our entire region to support the growth of the life sciences industry,” said Katie Kirkpatrick, President and CEO of the Metro Atlanta Chamber. “UCB’s innovation, talent, and strategic investment show that metro Atlanta is not just a hub for life sciences today, but a place where the breakthroughs of tomorrow are taking shape.”

Project Director EJane Caraway represented the Georgia Department of Economic Development’s (GDEcD) Global Commerce team on this competitive project in partnership with Partnership Gwinnett, Metro Atlanta Chamber, Georgia Quick Start, and Georgia Power.

“For more than a century, UCB has been a leader in biopharmaceutical innovation,” said GDEcD Commissioner Pat Wilson. “Georgia’s growing life sciences ecosystem and collaborative approach to economic development connect companies with world-class partners in research, education, logistics, and infrastructure. Together with our focus on being the Top State for Talent, it’s why innovators like UCB choose Georgia to advance discoveries from R&D to real-world impact.”

About UCB

UCB, Brussels, Belgium (www.ucb.com) is a global biopharmaceutical company focused on the discovery and development of innovative medicines and solutions to transform the lives of people living with severe diseases of the immune system or of the central nervous system. With approximately 9,000 people in approximately 40 countries, the company generated revenue of €7.7 billion in 2025. UCB is listed on Euronext Brussels (symbol: UCB). Follow us on Twitter: @UCB_news.

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USPTO Director Issues Guidance Favoring Small Businesses and U.S. Ties in IPRs and PGRs | Fitch, Even, Tabin & Flannery LLP


On March 11, USPTO Director John Squires issued a memorandum encouraging small businesses that have been sued for infringement and companies with significant manufacturing investments in the United States to identify themselves in all inter partes review (IPR) and post-grant review (PGR) petitions. This move is intended to assist the Patent Trial and Appeal Board (PTAB) in protecting domestic interests.

Since Director Squires assumed sole authority over institution of IPR and PGR proceedings on October 20, 2025, institution rates have declined significantly. In response to concerns that this decline has had a negative effect on American manufacturers and small businesses, the Director’s memorandum encourages petitioners to identify the following, which may be taken into account in determining whether to institute IPR and PGR proceedings:

  • the extent to which products accused of infringement are manufactured in the U.S. or relate to investments in U.S. manufacturing
  • the extent to which competing patent owner products are manufactured in the U.S.
  • whether petitioner is a small business that has been sued for infringement under the patent at issue

This change in procedure took place immediately and is a response to the concerns of American manufacturers and small businesses. While acknowledging that the America Invents Act (AIA) requires the Director to consider the effect of institution standards on the economy and the integrity of the patent system, Director Squires specifically noted that many of the most frequent users of IPR and PGR proceedings are large companies that have taken no significant steps to invest in U.S. manufacturing.

In view of this memorandum, small businesses and companies with significant investments in U.S. manufacturing that have been accused of infringement in parallel U.S. proceedings should emphasize relevant economic factors up-front in any IPR and PGR petitions that they file. This includes, but is not limited to, existence of U.S. manufacturing facilities owned or utilized by the petitioner, investments in U.S. manufacturing, employment or subcontracting to U.S. citizens, the patent owner’s lack of ties to U.S. manufacturing and other U.S. industries, and any facts tending to show that the petitioner is a small business (including but not limited to qualification of small entity status for purposes of USPTO fee payments).  

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FANUC America Announces $90 Million Investment to Create Production-Ready Capacity for Robot Manufacturing in the U.S.


ROCHESTER HILLS, Mich., March 24, 2026 /PRNewswire/ — FANUC America, a global leader in robotics and automation systems, today announced plans for a $90 million investment to acquire property and construct a new 840,000 sq. ft. facility in Michigan providing production-ready space for the potential expansion of the company’s existing U.S.-based manufacturing capabilities for robots.

FANUC America, a global leader in robotics and automation systems, has announced plans for a $90 million investment to acquire property and construct a new 840,000 sq. ft. facility in Michigan, providing production-ready space for the potential expansion of the company’s existing U.S.-based manufacturing capabilities for robots.

FANUC America, a global leader in robotics and automation systems, has announced plans for a $90 million investment to acquire property and construct a new 840,000 sq. ft. facility in Michigan, providing production-ready space for the potential expansion of the company’s existing U.S.-based manufacturing capabilities for robots.

Targeted for completion in late 2027, this strategic project is expected to add 225 jobs. This expands FANUC America’s engineering capacity and advanced manufacturing capabilities to support growing demand for automation solutions across North America, including physical AI, virtual commissioning and digital-twin technologies.

“This investment builds on FANUC America’s Michigan manufacturing footprint, which has included producing robots for paint application domestically for more than four decades,” said Mike Cicco, President and CEO, FANUC America. “By expanding its U.S. presence, FANUC America will strengthen domestic manufacturing, improve responsiveness to customer needs, and support industries that rely on automation to stay competitive.”

With this announcement, FANUC America will have invested nearly $300 million in multiple new facilities, increased the company’s footprint to 3 million sq. ft. and created more than 700 jobs in the United States since 2019.

“FANUC America is committed to supporting U.S. reindustrialization by delivering state-of-the-art automation technologies to customers and broadening access to advanced manufacturing workplace training services,” Cicco said. “The newly expanded FANUC Academy—opening in Auburn Hills, MI, later this year—will become the largest robotics and automation skills-development center in the United States, helping address the national manufacturing skills gap, rising demand for automation talent, the shift toward AI-enabled robotics and the country’s overall competitiveness.”

About FANUC America Corporation 
FANUC America Corporation, a subsidiary of FANUC CORPORATION in Japan, provides industry-leading CNC systems, robotics and ROBOMACHINEs. FANUC’s innovative technologies and proven expertise help manufacturers maximize efficiency and maintain a competitive edge.

FANUC America is headquartered at 3900 W. Hamlin Road, Rochester Hills, MI 48309, and has facilities throughout North and South America. For more information, please call: 888-FANUC-US (888-326-8287) or visit our website: www.fanucamerica.com . Also, connect with us on YouTube, X, Facebook, LinkedIn and Instagram.

Media Contact:
[email protected]

SOURCE Fanuc America Corporation



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US manufacturing output rises marginally in February


WASHINGTON, March 16 (Reuters) – U.S. factory production ‌increased marginally in ‌February as strength in ​motor vehicle output was offset by weakness in machinery, data ‌showed on ⁠Monday.

Manufacturing output rose 0.2% last month ⁠after an upwardly revised 0.8% gain ​in January, ​the ​Federal Reserve said.

Economists ‌polled by Reuters had forecast production for the sector, which accounts for 10.1% ‌of the economy, ​rising ​0.1% ​after a previously ‌reported 0.6% rise ​in ​January. Production at factories advanced 1.3% ​year-on-year ‌in February.

(Reporting by Lucia ​Mutikani; Editing by ​Andrea Ricci)

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Trump’s promised ‘manufacturing boom’ couldn’t save these Whirlpool jobs


New York
 — 

The US has lost thousands of manufacturing jobs over the last year. Beverly Dawson’s family was among them.

Dawson was laid off this month at Whirlpool’s refrigerator factory in Amana, a small town in eastern Iowa. Her son’s offer to work full-time at the plant when he graduates from college in a few semesters was also pulled. Her husband was the only one to survive the latest round of layoffs.

At the Amana plant, the hope of a stable future building appliances in the town that introduced America’s first side-by-side refrigerator is dimming. The factory’s workforce has been cut by more than half over the last few years as Whirlpool expands production in Mexico.

“You have generations working at the Amana plant. People’s parents and grandparents,” Dawson, 48, said. “It’s a central part of the community and was a good, solid place to work.”

Dawson is one of more than 100,000 American manufacturing workers who have lost their jobs since President Donald Trump entered office last year. Trump as a candidate promised a “manufacturing boom” and once in office launched broad global tariffs as the way to revitalize factory production in the United States.

Exterior of the Whirlpool Amana factory. More than 100,000 American manufacturing workers have lost their jobs since President Donald Trump entered office last year.

A 'Save Our Jobs at Whirlpool' rally, on March 6 in Amana. IAM Union said Whirlpool has shifted production to Mexico in recent years.

The Whirlpool factory in Amana. Whirlpool has said Trump's trade policies level the playing field for Whirlpool and other US manufacturers.

Despite the administration’s push, the decades-long decline in manufacturing has marched on. The US economy has shed more than 7.5 million manufacturing jobs since a peak in 1979, driven by global competition, automation and exchange rates.

Whirlpool has invested hundreds of millions of dollars in Mexico to manufacture refrigerators at two factories in recent years, said the International Association of Machinists and Aerospace (IAM), which represents workers at the Amana plant.

IAM opposes Trump’s broad tariffs, fearing they would disrupt US production and cause layoffs.

“Whirlpool advertised quite often that they’re the only American manufacturer of refrigerators and tariffs will only be beneficial,” Dawson said. “I don’t understand how that reconciles with opening up more in Mexico.”

Whirlpool, which also owns the KitchenAid, Maytag and Amana brands, supports Trump’s tariffs.

The Michigan-based company has said the import taxes give it an advantage. That’s because most of the appliances it sells in the United States are produced domestically at 10 US plants, in contrast to its rivals in Asia like LG and Samsung.

The administration’s “trade policies are critical to closing trade loopholes and leveling the playing field for Whirlpool and other US manufacturers,” Whirlpool spokesperson Chad Parks said in a statement to CNN.

Whirlpool said it’s making “difficult but necessary changes” to the plant in Amana “all with the goal of keeping Amana competitive and a viable manufacturing presence in the community for the long term.”

Whirlpool said it’s committed to American manufacturing, pointing to a recent $300 million investment in Ohio to build washing machines.

But the pull to produce in lower-cost countries like China and Mexico remains strong for all US manufacturers. The power of tariffs has not been enough to make US manufacturing competitive with these countries. Trump’s snap decisions on tariff rates have also chilled companies’ long-term investment and hiring plans. (The White House did not respond to CNN’s request for comment.)

A Whirlpool refrigerator on display at Lowe's.

Meanwhile, tariffs have hiked costs. For example, Trump’s 50% tariffs on imported steel and aluminum increased Whirlpool’s costs by $300 million last year. The company also paid more for appliance components that are only made overseas.

“Supply chains are integrated across countries. They can’t be changed overnight,” said Susan Houseman, an economist at the Upjohn Institute for Employment Research. “To think companies can turn on a dime and rearrange supply chains or make massive investments in this country is unrealistic.”

Big-ticket refrigerators and dishwashers are also going untouched at stores as fewer people move or buy new homes. Whirlpool’s sales dropped 6.5% last year and its stock declined around 35%.

Tariffs have “done little to benefit” the home appliance sector, said Jason Miller, a professor of supply chain management at Michigan State University.

Since Trump took office last year, the tariff rate on major home appliances has increased from 5% to 16.4% in December. That rate isn’t high enough for domestic manufactures to benefit, especially when steel and aluminum prices have spiked, Miller said.

“Production didn’t increase in 2025 and payrolls fell,” he said.

But Whirlpool’s pledge to keep jobs in Amana rings hollow to laid off workers like Dawson. When she goes into a nearby Lowe’s, she’s frustrated to see Whirlpool refrigerators made in Mexico and China.

There is a long history of building home appliances in Amana, one of seven villages outside Cedar Rapids that were German communal societies until the Great Depression.

A general store in Amana, Iowa, selling bakery goods and Hotpoint appliances in 1961.

In 1934, Amana entrepreneur George Foerstner began making beer coolers. The business grew into the Amana household appliances’ brand — the first side-by-side fridge in the United States was introduced there in 1949 and the first bottom-freezer fridge came in 1957. Hollywood stars like Gary Cooper and Groucho Marx advertised Amana’s appliances in magazines and on the radio.

Raytheon, the inventor of the microwave oven, bought Amana a decade later as it pushed to bring microwaves to households around the country.

Whirlpool eventually acquired the plant in 2006, which is still an economic engine for the area and processes wastewater for the local community. Roughly 950 people work there.

The factory has had a “wide-reaching benefit for people around Amana,” said Sandy Freytag, who has worked there for more than 30 years. She worries that the layoffs will have a spillover effect on local businesses and the economy.

An Amana chrome Radarange microwave oven sits on a kitchen countertop in the 1970s.

“People don’t trust that the factory will stay open,” she said. “I hope I am very wrong.”

Dawson had hoped to work there for the rest of her career, but the 48-year-old mother of four is now sending out job applications to dozens of employers.

She’s currently competing in a tough labor market with a weaker safety net. Iowa in 2022 cut its unemployment insurance from 26 weeks to 16, and a federal program for workers who lost their jobs due to foreign trade has expired.

Her husband has taken on a second job and is now working seven days a week to help the family make ends meet. If she can’t find a new job soon, she plans to tap into her retirement savings.

“I’ve worked hard. I’ve been loyal. I’ve made things better, and that still isn’t enough for me to be successful,” she said.

Correction: A previous version of this article incorrectly stated the number of factories Whirlpool has in Mexico. Whirlpool has two refrigerator plants in Mexico and recently expanded its investments at them.

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Hadrian opens ‘Factory of the Future’ in Alabama


Hadrian has opened a new advanced manufacturing facility in Cherokee, Alabama to support U.S. Navy Columbia- and Virginia-class submarine programs. The site, known as Factory 4, is designed to mass-produce critical components and help accelerate submarine construction.

 

The 2.2 million square foot facility will operate as a highly automated “factory of the future,” producing parts, assemblies and finished products identified as key drivers of submarine production timelines. Increased output is expected to reduce bottlenecks and enable faster delivery of submarines.

The project is funded through a public-private partnership combining $900 million in U.S. Navy investment with more than $1.5 billion in private capital. The total investment of over $2.4 billion reflects efforts to strengthen the maritime industrial base and expand production capacity.

The facility is also expected to create up to 1,000 high-paying jobs, supporting regional economic growth while addressing workforce shortages in the defence sector. Hadrian said its automated manufacturing platform will enable faster workforce training and improve production efficiency.

 

 

The opening comes as the Navy seeks to address long-standing capacity constraints in submarine construction. By shifting component manufacturing to dedicated facilities, shipyards can focus more resources on assembling submarine modules.

“Both chambers of Congress delivered the generational investment required to rebuild our shipbuilding capacity, bring those jobs back to Alabama and put American skilled laborers back at the center of American strength,” said Secretary of the Navy John C. Phelan. “I look forward to building on this progress together in the months ahead, because we are just getting started. This factory is the first of three facilities designed to address the most critical bottlenecks in the maritime industrial base.”

Officials described the approach as part of a broader strategy to increase production rates through distributed manufacturing. “We call this distributed shipbuilding, and it’s a key tenet of our plan to achieve required shipbuilding production rates,” said Jason Potter, performing the duties of Assistant Secretary of the Navy for Research, Development and Acquisition.

“These factories of the future might be several states away from the yards where the ships are ultimately built, but by taking on this work they reduce bottlenecks, having a profound effect on the speed of delivery,” he added.

 

 

Hadrian said the facility will reach full production capacity within 18 to 24 months, following qualification processes and initial production phases. By the third year, the site is expected to sustain operations through regular delivery of submarine components.

Company leadership said the project reflects a coordinated effort between government and industry to expand manufacturing capacity. “The Administration has set the strategy, Congress has cleared a path, the Navy has set the requirement, and Secretary Phelan has been unambiguous that private-sector partnership is foundational, not optional, to deter threats to national security. Industry has to answer that call with real execution, and the window to do it is now. We are proud to be part of the coalition building that capacity, and this factory is Hadrian’s commitment to meeting this moment,” said Chris Power, founder and CEO of Hadrian.

Lawmakers attending the opening highlighted the strategic and economic impact of the investment. “This investment marks a major step forward in strengthening our nation’s defense industrial base while bringing high-quality jobs and economic growth to Northwest Alabama,” said Representative Robert Aderholt.

Officials said the facility is part of a wider effort to modernise U.S. manufacturing and strengthen long-term defence readiness. The project is expected to play a key role in increasing submarine production capacity and supporting national security objectives.

 

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U.S. and allies move to build missiles and drones closer to Asia’s flashpoints



A U.S.-led defense manufacturing partnership agreed ⁠to launch a new missile motor production program with Japan, push forward a drone cooperation effort across Asia and explore building a new ammunition production line in the Philippines, the Pentagon ​said on Friday.

The Partnership for Indo-Pacific Industrial Resilience, known ‌as PIPIR, ‌is a group of nations working ​together to build up their weapons and defense manufacturing capacity in the Asia-Pacific region. The United States set it ⁠up in May 2024 to reduce supply chain risks and help ⁠allies produce and maintain military equipment closer to where it might be needed.

The Pentagon published a ​joint statement following ⁠a virtual meeting on Wednesday, where the group welcomed two new members — Thailand and the ⁠United Kingdom — bringing ​its total membership to 16 countries spanning ​both the Indo-Pacific and Europe.

The group said ​it had ‌agreed to set up a new program to produce solid rocket motors — the propulsion systems used in many guided weapons — with Japan taking the lead. The ‌move is seen as a way to boost production capacity outside the United States for a key weapons component.

On drones, members agreed on a series of steps to develop common ​standards ​and shared supply chains for small military drones ​across the region, including work on batteries and small motors ⁠that power them. The group also agreed to explore building drones together across a range of military uses.

On ammunition, members said they would look into ​the Philippines hosting a new facility to load, assemble, and package 30mm cannon rounds — a type of ammunition widely used by military aircraft and ground vehicles.

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Let Everybody Know Where You’re From with American-made State Keepsakes


Totes! from Maptote. | Courtesy Maptote

Lots of state-themed gift shop accoutrements are imported. Not these options.

Pop in any nearby gift store and you’re sure to find a host of merch flaunting the state you’re in. State pride is serious business, and it can be fun to buy a memento of a state you’ve lived in or visited. But too often these products aren’t even made in the United States! If you want to support American manufacturers with your purchase of a state-themed keepsake, you’ve come to the right place. Whether you’re looking for something to represent a trip you’ve taken or just want to flaunt some pride for your home state, here are seven Made in USA companies with state-themed options.

Maptote

Want to get in on the tote bag craze? Then you’ll love Maptote. The company is run by a husband-and-wife duo. Michael Berick has a background in cartography, while Rachel Rheingold has a degree in fashion design. The combination of their passions has resulted in Maptote, which sells tote bags with highly detailed maps of different places. Each bag is sewn in Brooklyn, New York from U.S.-sourced cotton. You’ll find bags representing places across the country, from Cape Cod and Nashville to Colorado and Seattle and beyond. You’ll even find options for international cities. These bags are a fun and functional way to show off a favorite place.

Be sure to check out our podcast episode featuring Maptote coming out on Monday, March 23! (And keep in mind that Maptote sells other accessories on its website that may not be USA-made; always check labels!)

Found Image Press

If you’ve ever seen a fun vintage design on a magnet or a postcard, you’ve probably seen a Found Image Press product. This is a gift shop staple. Founded by a husband-and-wife duo in San Diego, Found Image prints all its products in the United States. Although wholesale is the company’s specialty, you can also shop at Found Image’s website directly. It’s got a large catalog with many themes, with a huge collection of regional images. Each design is available as a postcard, magnet, greeting card or art print. A great way to adorn your home with state pride or share it with someone else!

Courtesy True South Puzzle Company

True South Puzzle Co and White Mountain Puzzles

This is a two-in-one, since both True South Puzzle Company and White Mountain Puzzles offer a variety of puzzles themed around U.S. states. What’s different is their style. True South works with independent artists to create their designs. Each puzzle is generally centered around one image and is usually 500 pieces. White Mountain, on the other hand, is known for their collages of many different images. You’ll find options featuring many eclectic signs, license plates and more. Each White Mountain puzzle is usually 1000 pieces. What both companies have in common is that they’re 100% USA-made. True South is based in Nashville and manufactures in Indiana, while White Mountain is based in New Hampshire and manufactures in Massachusetts and Indiana.

 For more info on True South Puzzle Company, be sure to check out our blog featuring True South’s founder, Susan Taylor!

Sandlot Goods

Calling all sports fans! If you want a hat with your state or city on it that also subtly shows off your love for your favorite sports team, you have to check out Sandlot Goods. Its large collection of hats is simple but includes many options with various team colors. You will also officially find a licensed one, especially if you’re a fan of a university that’s near Sandlot’s home base in Kansas City, Missouri. Sandlot is committed to making each hat here in the United States — read more about its story in these blog posts! (Only Sandlot Goods’ hats are USA-made. Always check labels!)

Courtesy Oxford Pennant

Oxford Pennant

Want a more unique decor choice? A pennant flag is a cool choice. It’s a classic decoration that gives any space a preppy Americana feel. Oxford Pennant is reviving pennant manufacturing in the United States from Buffalo, New York. There are many different designs of pennants, flags and banners to choose from, including pop culture collaborations with Hamilton, Fall Out Boy and more. But today we’re focusing on state-themed gear, and Oxford Pennant sells a flag for each state with a special design. Pick out one from your state or collect one for each state you’ve been to! Check out our podcast episodes featuring Oxford Pennant here! (Oxford Pennant also sells state patches that may not be USA-made; check labels!)

North Drinkware

This last choice is far more unique. You won’t find anything with a state’s name on it from North Drinkware. Instead, you’ll find glasses with accurate 3D models of mountains molded into the base. You can browse the website by state or by mountain — options range from California’s Mt. Shasta to New Hampshire’s Mt. Washington. Each North Drinkware glass is handblown in Oregon, and each part is 100% USA-made. For anyone who loves the outdoors or just wants to highlight the natural beauty of their home state, North Drinkware might be the perfect choice.

The Alliance for American Manufacturing does not receive a commission from purchases made through the above links, nor was the organization or author paid for favorable coverage.

Labeling Note: This story is intended to highlight companies that support American jobs and that make great products in the United States. We rely on the companies listed to provide accurate information regarding their domestic operations and their products. Each company featured is individually responsible for labeling and advertising their products according to applicable standards, such as the Federal Trade Commission’s “Made in USA” standard or California’s “Made in USA” labeling law. We do not review individual products for compliance or claim that because a company is listed in the guide that their products comply with specific labeling or advertising standards. Our focus is on supporting companies that create American jobs.

For more on the Federal Trade Commission’s standards for “Made in USA” claims and California’s “Made in USA” labeling law, please also read this guest post by Dustin Painter and Kristi Wolff of Kelly Drye & Warren, LLP.

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Trump promised a manufacturing boom, but factory jobs continue to decline


William Brangham:

The U.S. job market has been cooling recently, and government data shows it’s only getting harder for Americans to find a job.

One sector that has proved tougher than most is manufacturing. President Trump has promised a manufacturing boom in both his terms, but while he’s been able to get pledges for more factory investment, the actual jobs inside those factories tell a different story thus far.

Economics correspondent Paul Solman has this report.

Paul Solman:

The Ohio State marching band and its featured instrument, the brassy sousaphone, emblem of school spirit and state pride, made just outside Cleveland.

Rob Hines, Sousaphone Buffer, Conn Selmer:

We handcraft everything. We have perfected the process for it and it’s been working for 58 years in our facility. And that’s what I think you get when you get that American craftsmanship.

Paul Solman:

Rob Hines, an American craftsman, sousaphone buffer at the Conn Selmer plant, where he’s worked for nine years.

Rob Hines:

It’s not an easy job. It’s a grueling job. But we do it because we love what we do.

Paul Solman:

And what they lovingly produce, which is why he and co-workers were stunned when the company suddenly said it will shutter the factory in June and relocate to China, shunting 150 people to the street.

Rob Hines:

It’s a lot of fear right now. A lot of people are afraid.

Wyatt Georskey, Sousaphone Buffer, Conn Selmer:

We’re talking about some of the best brass instrument craftsmen in the world going into job interviews and being told, well, that’s good and all, but you don’t actually have any skills.

Paul Solman:

Wyatt Georskey, another buffer. His future?

Wyatt Georskey:

I don’t know what I’m going to do. We’re all left in a limbo right now.

Paul Solman:

Of course, some of you have seen it as long as I have, manufacturing jobs on the wane ever since 1979.

President Donald Trump:

Jobs and factories will come roaring back into our country, and you see happening already.

Paul Solman:

It’s a trend President Trump has famously vowed to reverse with tariffs and domestic investment. Foreign leaders and business executives have frequently visited the White House grounds pledging to spend in the U.S. of A.

DONALD TRUMP:

In 12 months, I secured commitments for more than $18 trillion pouring in from all over the globe.

Paul Solman:

This number is widely thought to be implausible and almost assuredly includes commitments that were made before Trump’s second term. But there’s no contesting the fact that, since President Trump took office, the U.S. has lost nearly 100,000 manufacturing jobs.

The administration and its allies, however, tout their dedication to a turnaround.

John Paulson, Founder, Paulson & Co.: We need to protect American jobs and protect American manufacturing. We can’t have Americans, American producers closing American factories and offshoring.

Paul Solman:

And yet it’s this same famed investor, John Paulson, who owns the brass instrument factory. Paulson hosted a $50 million fund-raiser for President Trump during the 2024 campaign.

Rob Hines:

A lot of our members support Trump and believed in the administration.

Paul Solman:

Or did, claims Conn Selmer union Rob Hines.

And how are people feeling about it now?

Rob Hines:

Some people feel slighted. Some people are even questioning if Trump actually knows about the moves his allies are making in the dark. Some people still believe in administration. Some people feel let down.

Paul Solman:

In recent years, the company had already been moving parts to China, cheaper production, to buff the bottom line, but at a hidden cost, says Hines.

Rob Hines:

We have seen over the last year the quality deteriorate just from trying to integrate those foreign parts.

Paul Solman:

Wait, the myopic maximizing of shareholder value we have heard so much about? Or do the workers here just see what they want to see?

Rob Hines:

I don’t think it would be just because it’s in our interest. As somebody who works with these parts day in and day out, six days a week, we see the quality, and the employees have complained about the quality. And it’s fallen on deaf ears.

Paul Solman:

Meanwhile, the job attrition in Wyatt Georskey’s part of the plant.

Wyatt Georskey:

At times, it’s been over 100, and now we’re down to this group of 16 of us who are sending out the last American-made French horns and sousaphones and tubas.

Paul Solman:

Plus, there’s another cost often ignored when a plant goes under, the loss of internal community.

Rob Hines:

That’s just as big a weight as losing your job financially. I mean, it might sound kind of bizarre to say, but a lot of people are devastated, because we have people 40, 50 years have been working together.

Wyatt Georskey:

It’s been a tragedy, right, not only for community, but for bar buddies and friends everywhere.

Paul Solman:

But that too has been happening for eons. In fact, the destruction of all those jobs down on the farm is what helped create the manufacturing boom of the last century. But is there no way to protect American jobs from foreign competition?

The push now is, let’s get manufacturers from here and especially abroad to bring their manufacturing to the United States, which is then supposedly going to create more jobs than at least are here now.

Robert Lawrence, Harvard University:

The question is, how significant would those jobs be relative to the whole economy?

Paul Solman:

Trade economist Robert Lawrence.

Robert Lawrence:

We had a $1.2 trillion trade deficit in manufacturing last year. Suppose all the money that is going abroad would be used to buy American goods.

Paul Solman:

Even under such a fantasy, how much would actual factory floor jobs increase? Professor Lawrence estimates less than 1 percent. And, of course, American-made products would then cost more. In addition, he says:

Robert Lawrence:

If we were self-sufficient, what would it do to the opportunities for the typical worker in the United States who doesn’t have a college education? Would it create large numbers of employment opportunities? That’s basically what’s been driving our policies. And the answer is very little.

But, in addition, those jobs are increasingly likely to be displaced as a result of increased automation.

Paul Solman:

And perhaps increasingly likely to be overpromised, like two Ohio Intel plants.

Tim Bubb, Licking County, Ohio, Commissioner:

Intel promised 5,000 jobs into construction. We’re seeing less than half that, and 3,000 permanent jobs to man those two plants and manufacture silicon chips. Frankly, I think that’s overpromised and underdelivered, as they say.

Paul Solman:

Licking County Commissioner Tim Bubb, where the Intel project is located.

Is it an unrealistic expectation that we’re going to have lots more manufacturing jobs in this country than we used to?

Tim Bubb:

Well, I’m not going to go as far as unrealistic, but you don’t want to be overly optimistic. We’re still an expensive labor market. We have competitors around the world. It’s a world market now in Asia and other places that have been pretty darn competitive in manufacturing and shipping to this country.

Paul Solman:

More over, ads Bubb:

Tim Bubb:

One of the problems we have in this country is trained work force. You can move manufacturing plants back here, but who’s going to work in them?

Paul Solman:

But at the Alliance for American Manufacturing, the watchword is patience.

Scott Paul, President, Alliance for American Manufacturing: Just as it took a couple of decades for us to deindustrialize, I don’t think that we’re going to see immediate results in manufacturing.

Paul Solman:

Scott Paul runs the Alliance.

Scott Paul:

I’m optimistic that over time, we will see manufacturing job growth come out of both the massive amount of construction that’s going on right now, the trade deficit coming down a little bit, and a reshoring trend that was already under way before Trump became president.

Paul Solman:

So he says manufacturing jobs won’t be stuck forever at today’s lower level, and new corporate investment promised by Trump will be part of the renaissance. The U.S., he says, added a million manufacturing jobs between 2010 and 2019, when many thought that simply wouldn’t happen.

Scott Paul:

It’s not impossible to regrow the sector if we have the right policies. There might be a ceiling on the manufacturing job growth that we can see because of automation and productivity, but that doesn’t mean that we can’t grow the sector again over time.

Paul Solman:

Patience is a luxury for the likes of Wyatt Georskey, though.

Wyatt Georskey:

I’m not even thinking day to day. I’m thinking second to second. All I’m thinking is, can I get enough sousaphones out, can I get enough tubas out that they won’t close this plant at a whim because they see productivity dip?

All I can think about are the people around me and my duty to them and to our legacy to keep the place open just a little longer so we can get a few paychecks.

Paul Solman:

As of last week, the plant was still open, the paychecks still being issued. But the deadline seems to be the end of June.

For the “PBS News Hour,” Paul Solman.

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Telix Advances Radiopharma Platform With Key Trials And US Manufacturing Shift


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  • Telix Pharmaceuticals (ASX:TLX) has resubmitted its NDA for TLX101-Px, a PET imaging agent for brain cancer.

  • The company reported that Part 1 of the global Phase 3 ProstACT study for TLX591-Tx in prostate cancer met primary safety and tolerability objectives.

  • Telix expanded its U.S. manufacturing footprint with new cyclotron installations to support in-house radioisotope production and supply resilience.

At a share price of A$12.75, Telix Pharmaceuticals (ASX:TLX) sits against a mixed recent track record, with the stock up 12.9% over the past week and 43.6% over the past month, but showing a 54.4% decline over the past year. Over a longer period, the share price return sits at 87.2% over three years and 183.3% over five years. This provides context to the current interest around the company’s pipeline and manufacturing updates.

For investors watching Telix, the NDA resubmission for TLX101-Px, the Phase 3 safety readout for TLX591-Tx and the new U.S. cyclotron capacity are central elements of the current story. The way these clinical and operational milestones progress, and whether they lead to regulatory outcomes and commercial activity, is likely to influence sentiment on ASX:TLX.

Stay updated on the most important news stories for Telix Pharmaceuticals by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Telix Pharmaceuticals.

ASX:TLX Earnings & Revenue Growth as at Mar 2026 ASX:TLX Earnings & Revenue Growth as at Mar 2026

3 things going right for Telix Pharmaceuticals that this headline doesn’t cover.

The NDA resubmission for TLX101-Px, the positive Part 1 readout from the ProstACT Phase 3 trial for TLX591-Tx, and the U.S. cyclotron rollout all point to Telix working on three parts of its model at once: diagnostics, therapeutics and infrastructure. TLX101-Px targets recurrent or progressive glioma, an area where the FDA currently has no approved targeted amino acid PET agent, so regulatory progress here would speak directly to Telix’s neuro-oncology focus and its companion diagnostic strategy alongside TLX101-Tx. On the prostate cancer side, acceptable safety and tolerability for TLX591-Tx in combination with standard therapies gives Telix more footing in a space where companies such as Novartis and Bayer are active with radioligand and oncology treatments. The cyclotron agreement in the U.S. moves Telix further into vertically integrated production, which can reduce dependence on external isotope suppliers compared with peers that lean more on contract manufacturers. For investors, the thread tying these updates together is execution risk: more assets and infrastructure can deepen the opportunity, but they also raise the bar on Telix’s ability to manage capital, regulatory interactions and complex supply chains over time.

  • The NDA resubmission for TLX101-Px and progress in ProstACT Global align with the narrative of building a multiproduct, multi-region radiopharmaceutical platform across urologic and neuro-oncology indications.

  • The extra data and statistical work needed for TLX101-Px, and the ongoing regulatory interactions for TLX591-Tx, highlight that clinical and regulatory pathways can be slower or more resource intensive than simple catalyst timelines might imply.

  • The cyclotron rollout into RLS and TMS sites was anticipated in the narrative, but contract specific details such as the IBA agreement and ARTMS technology may not be fully captured in earlier assumptions about manufacturing integration and supply reliability.

Knowing what a company is worth starts with understanding its story. Check out one of the top narratives in the Simply Wall St Community for Telix Pharmaceuticals to help decide what it’s worth to you.

  • ⚠️ Heavier investment into clinical programs like ProstACT Global and into cyclotron infrastructure could keep reported earnings and margins under pressure if revenue does not keep pace.

  • ⚠️ Regulatory processes for TLX101-Px and TLX591-Tx, together with existing regulatory scrutiny around prostate cancer disclosures, add uncertainty around timing and ultimate outcomes.

  • 🎁 Progress across both diagnostic and therapeutic candidates, along with manufacturing integration, supports the idea of Telix evolving into a broader radiopharmaceutical platform rather than a single product story.

  • 🎁 U.S. cyclotron capacity and in-house radioisotope production can improve supply chain resilience and may support more consistent availability of products versus competitors that rely mainly on third party isotope suppliers.

Investors should watch for the FDA’s response to the TLX101-Px NDA resubmission, including any further data requests, and updates on the transition of ProstACT Global into its larger Part 2 expansion and U.S. IND amendment. Progress on installing and qualifying the new U.S. cyclotrons, and how quickly they begin supplying Telix products at scale, will be key to understanding execution on the vertical integration plan. It is also worth tracking how Telix positions its prostate and brain cancer offerings in relation to radiopharma peers, and whether management provides clearer guidance on capital spend, margins and timelines as these programs and assets move through their next stages.

To ensure you’re always in the loop on how the latest news impacts the investment narrative for Telix Pharmaceuticals, head to the community page for Telix Pharmaceuticals to never miss an update on the top community narratives.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include TLX.AX.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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