The 2026 Detroit Supplier Matchmaking Expo, organized by the U.S. Small Business Administration alongside General Motors, connected over 600 small suppliers with more than three dozen large companies and federal agencies. The event aimed to strengthen domestic supply chains, create jobs, and support the Made in America initiative. Nearly half of the small businesses expect over $250,000 in new contracts, with some anticipating deals exceeding $5 million. The SBA plans to continue expanding this successful program to further promote American manufacturing and onshoring efforts.
Odyssey, an AI startup specializing in world models that simulate physical environments, raised $310 million in a Series B funding round, reaching a $1.45 billion valuation. The round was led by Natural Capital with participation from Amazon, AMD Ven...
Chemico was named General Motors' 2025 Supplier of the Year in the Industrialization category, marking its 16th such award over 37 years as a GM supplier. The award recognizes Chemico's excellence in service, quality, and innovation in chemical manag...
General Motors announced a new partnership with Lockheed Martin to enhance manufacturing and production capabilities for defense munitions, facilitated by the U.S. Department of Defense. This collaboration aims to improve production readiness, streng...
Lockheed Martin and GM Defense have formed a collaboration to enhance the US defense industrial base by combining Lockheed Martin's defense production expertise with GM's advanced manufacturing capabilities. The partnership, supported by the U.S. Dep...
