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Brett Velicovich, co-founder of Powerus and a U.S. Army veteran, discusses the company’s efforts to localize the drone manufacturing process in the United States. This move could have implications for American industry and skilled workers involved in defense production.
Houston-based startup Venus Aerospace closed a $91 million Series B funding round to advance its high-thrust rotating detonation rocket engine (RDRE) technology. With this new capital infusion, following a successful flight test in May 2026, the company is poised to make strides in aerospace innovation, potentially impacting American industry and technological advancement.
Toyota announced a $3.6 billion investment to shift most production of its Tacoma midsize pickup truck from Mexico to its San Antonio, Texas facility. The move will create over 2,000 jobs and expand plant capacity by 150,000 units annually.
Seven pharma companies, including industry leaders Lilly and Regeneron, have been selected for the FDA PreCheck pilot program aimed at strengthening the US drug supply chain. This initiative could have positive implications for American industry, workers, production, and supply chains in the pharmaceutical sector.
The Manufacturing USA institute plans to roll out the ACE and METAL initiatives to 53 universities, colleges, and trade schools by 2030 with support from the Office of Industrial Base Policy. This expansion could provide valuable opportunities for American workers and enhance the nation’s industrial base.
ADNOC’s XRG, the foreign investment arm, is set to invest billions in the U.S. to develop an integrated platform covering shale production, pipelines, and LNG. This significant investment could have implications for American industry, energy production, and infrastructure.
JetZero has officially started construction on its North Carolina facility, with plans to begin production in the early 2030s and ramp up to 20 aircraft monthly by the mid-2030s. This development is noteworthy for American industry and the aerospace sector, potentially impacting workers, production, and the supply chain.
Harley-Davidson is moving the production of its Revolution Max engines back to American facilities in Pennsylvania and Wisconsin, expected to support over 100,000 motorcycles production in 2027 and create numerous manufacturing jobs, benefiting local communities.
A new facility in Louisiana is set to increase production of generators for defense and energy applications, with expectations of creating over 600 jobs. This development could have positive implications for American industry, workers, and supply chains in these crucial sectors.
May saw 172,000 new jobs added, surpassing expectations and maintaining a steady 4.3% unemployment rate. This sustained growth underscores the durability of the U.S. economy despite challenges.
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