Category: production

Struggling Startup Lordstown Motors Gets $400 Million Investment

LORDSTOWN, Ohio—Lordstown Motors has received a $400 million investment as the struggling electric truck maker continues to push toward production of its new pickup this fall. The Ohio company, which has been under scrutiny over the claims it has made about the number of orders it has received for its trucks, said in a filing…


Boeing Cuts 787 Production as New Structural Problem Discovered

SEATTLE—Boeing said on Tuesday it would cut its 787 production rate as it works through a new production-related structural defect in its troubled twin-aisle airliner program. The company now forecasts delivering fewer than half of the lingering 100 or so 787s in its inventory this year—instead of the “vast majority” it had expected—as it continues…


Storm Floods Threaten Key UK Vaccine Production Site

Flooding overnight threatened a key production site of the Oxford/AstraZeneca vaccine in the UK as storm Christoph swelled rivers across the country. Local authorities in Wrexham, Wales, say they worked through the night, successfully holding off floods at an industrial site where the nationwide supply of the vaccine is put in vials. About 30 miles…