If you've been visiting the site for the past couple of years or longer, then the name Apogee Bikes might sound familiar to you. We initially reported on the brand's launch announcement and unique frame design a couple of years ago. Just a few days later, we awarded the Apogee a MADE Show Best MTB in Show Award. It was a rideable prototype at the time, a proof-of-concept that turned heads and certainly generated some buzz for the fledgling brand.
The threat of tariffs is prompting a number of overseas automakers to tout the extent of their investment in the U.S., with Hyundai's big investment earlier in the year being a particularly high-profile example. (Albeit with some more recent complications.) But they aren't the only foreign marque with manufacturing operations in the U.S., and this month Volvo offered some hints as to what we can expect from their facility in Ridgeville, South Carolina.
And so, in a desperate attempt to cut through the red tape, new-ish Intel CEO Lip Bu Tan on Friday conceded 10 percent of his company, about 433 million shares, to Uncle Sam in exchange for $8.9 billion of funding held hostage by the current administration. Remember, Intel has already spent tens of billions of dollars on fabs with the understanding its investments in US manufacturing would be rewarded.
Foxconn's failure to establish large-scale electric vehicle production at the former GM factory in Ohio has led to the sale of the facility to Crescent Dune LLC, a new business partner.
A pickup in the pace of innovation—potentially from recent advances in robotics and generative AI—remains the catalyst most likely to reverse long-run stagnation in manufacturing productivity.
Roche's $50 billion investment in US manufacturing aims to create over 12,000 jobs and counter potential tariffs, marking a significant commitment to innovation and growth.