Manufacturers/End Users
June 11, 2025
Written by Ethan Bernard
General Motors plans to invest approximately $4 billion over the next two years at its US manufacturing plants.
The Detroit-based automaker said this week that it’s aiming to increase domestic production of both gas and electric vehicles. And the investment will allow GM to make more than 2 million vehicles per year in the US.
Farming equipment manufacturer John Deere announced it will call back more than 375 employees to work across its Quad Cities factory operations.
The Greenbrier Companies received orders for 3,400 new railcars with an aggregate value of ~$600 million during its fiscal fourth quarter ended Aug. 31.
Worthington Enterprises reported higher fiscal first-quarter sales and earnings while citing rapidly growing data center demand and continued tightness in the steel market.
Metalformers’ optimism softened in the Precision Metalforming Association (PMA) September Business Conditions Report.
SMU’s latest Flat-Rolled Steel Buyers Survey shows that in a tight US market marked by long lead times, low inventories, and rising prices, foreign products continue to gain the interest of domestic buyers.