Smithfield Foods, Inc. announced the completion of the acquisition of Clougherty Packing LLC, parent company of Farmer John and Saags Specialty Meats brands and PFFJ LLC farm operations from Hormel Foods Corporation.
One interesting takeaway from this news is that by bringing cell production to the U.S., Model 3 will likely become the world's most American-made vehicle. After Tesla brings cell production from Japan to the U.S. for its vehicles.
Republicans in the House of Representatives and President elect Donald Trump seem prepared to deal a blow to import dependent companies with taxes aimed at penalizing them for not buying Made in America goods.
Toyota has had a manufacturing plant in Tijuana since 2002, and announced the new plant in April 2015. Trump warned that if he would hit the auto manufacturer with a big border tax if they carried through with plans to build the plant.
Yet while American manufacturing isn't exactly thriving across the board in 2016, a new study shows industrial production still has signs of life in isolated markets across the country. Click link for top ten best places to work in manufacturing.