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Eurozone Economy Now in Technical Recession

Supply Chain Matters

Besides Germany , Greece , Lithuania , Malta , Ireland and the Netherlands experienced quarter on quarter GDP declines. Industry supply chain management and integrated business planning teams need to be diligent in their planning of resources and global capacity. pharmaceutical companies cutting back on production.

Ireland 52
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US Semiconductor Fab Investments Make Headlines and Concerns

Supply Chain Matters

Gelsinger further indicated to The Wall Street Journal : “ It took us three plus decades to lose this industry. billion grant for GlobalFoundries to support the development and expansion of fab facilities in Malta, New York , and Burlington, Vermont. sourced capability. It’s not going to come back in three to five years.”

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Supply Chain Matters News Capsule Follow-up- February 13, 2023

Supply Chain Matters

GlobalFoundries , based in upstate New York , operates semiconductor chip production facilities formerly operated by IBM in Malta New York and Burlington, Vermont. Chips Act, to construct an additional chip fabrication plant in Malta, New York.