MT Newsletter April 2025
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Top stories:
AI boom drives Nvidia’s $500B chipmaking strategy in the US and Canada
Nvidia is doubling down on North American chipmaking with an astounding $500 billion commitment, underscoring its belief that AI is the right move for the moment. By anchoring manufacturing operations closer to home, Nvidia is mitigating global supply chain vulnerabilities and aligning itself with US policy efforts to restore domestic chip production.
Silver Lake acquires Altera stake in major Intel divestment
Intel’s sale of its Altera stake to Silver Lake for $8.75 billion reflects a broader realignment in its business strategy, as it refocuses on its core competencies and positions itself more competitively in the semiconductor space. Altera, which specializes in programmable chips, will operate as a standalone company once again, aiming for a 2026 IPO.
Nationalization of British Steel aims to protect industry jobs
In a bold and urgent move, the UK Government has taken control of British Steel to prevent the collapse of a critical national industry. Amid soaring energy costs and global competition, British Steel had faced mounting financial difficulties, threatening thousands of jobs and supply chain stability.
Local industry leaders warn of economic strain from tariff backlash
Manufacturers in Michigan City are on edge as new tariffs threaten to disrupt supply chains, drive up production costs, and stall growth. With the area’s economy heavily reliant on industrial output, leaders in the sector are sounding the alarm over the potential for job losses and project delays.
Curated insights:
How a circular sustainability model is shaping the future
Revolution has redefined how plastics are reclaimed, recycled, and repurposed with its pioneering circular sustainability model. By integrating manufacturing with advanced recycling processes, the company maximizes post-consumer recycled (PCR) content while minimizing environmental impact.
Scott Coleman, CEO, highlights the company’s commitment to innovation, from FDA-approved food-grade PCR resins to strategic acquisitions expanding its capabilities. Revolution also champions extended producer responsibility, partnering with customers to reclaim end-of-life plastics. With a culture rooted in sustainability and growth, Revolution is driving industry-wide change, proving that plastics can be both profitable and environmentally responsible.
The future of integrated photonics in the US
AIM Photonics is driving US leadership in integrated photonics through R&D, facility access, and workforce education. Backed by public-private investment, the organization supports semiconductor advancements, quantum applications, and AI-driven data solutions. With new technology platforms and expanded educational initiatives, AIM Photonics is shaping a robust national photonic ecosystem for future innovation.
Setting global standards with innovation, quality, and vision
BenchMark Wireline, co-owned by industry veterans Joey Mayhugh and Steve Beck, has grown from near-closure to global prominence through innovation in wireline systems and electric trucks. The company’s commitment to in-house manufacturing, unmatched product quality, and deep industry insight has made them trusted suppliers.
The UK’s new materials strategy outlines a roadmap to smarter manufacturing
The National Materials Innovation Strategy, led by the Henry Royce Institute, outlines a decade-long roadmap to accelerate UK manufacturing through advanced materials. Targeting sectors like energy, infrastructure, and electronics, the strategy promotes sustainability, digitalization, and collaboration, aiming to boost productivity, resilience, and global competitiveness for UK manufacturers.