Weekly Wrap Up for March 8th, 2019

Dr. Chris Kuehl, Manufacturing Talk Radio Senior International Correspondent chats with show hosts Lew Weiss and Tim Grady about the favorable and unfavorable numbers within the Credit Manager’s Index report issues February 28, 2019, which was a good month for credit managers as favorables increased and unfavorables moved positive. Along with the ISM’s PMI readings, February continues the expansion trend for the U.S. economy where exports are widely discussed.

Here Are Some Of This Week’s Top Stories In Manufacturing

March 8, 2019 – International Women’s Day – March 2019 – Women’s History Month

Metals & Manufacturing Outlook, along with Manufacturing Talk Radio, Women And Manufacturing, and everyone at the Manufacturing Broadcasting Corporation has focused on women in business since before the launch of the podcast, Women And Manufacturing (WAM). (Read More)

This unique episode of ‘Manufacturing Matters’ was recorded from the NABE Policy Conference in Washington, DC. Host Cliff Waldman moderated a session entitled ‘Innovation and the Future Geography of Global Manufacturing’. On the panel was Susan Lund, Partner at the McKinsey Global Institute, Mark Killion, Director of U.S. Industry at Oxford Economics and Ken Voytek, Chief Economist at the Manufacturing Extension Partnership, National Institute of Standards and Technology. The panel discussed the evolving innovation drivers in modern manufacturing and how they are shaping global manufacturing value chains.

Made in the USAMade In America Tax Break Encourages Manufacturers To Export

On Monday, March 4th the IRS announced new regulations that will allow companies to lower their export income tax from 21% to 13%. The new regulation addresses what is known as FDII (foreign derived intangible income) in an effort to encourage manufacturers to produce more products domestically. Under the rules, companies will pay almost the same tax on U.S. manufactured exports as they do on offshore profits, thus leveling the playing field. (Read More)

Hosts Lew Weiss and Tim Grady welcome Tim Fiore, Chair of the Institute for Supply Management Manufacturing Business Survey Committee with an unprecedented inside look at the ISM Manufacturing Report On Business for February 2019. Don’t miss this live report for a deep dive into the report and take a close look at the latest developments through the world of manufacturing.

Fiat Chrysler factoryFiat Chrysler To Invest $4.5 Billion In Michigan

Fiat Chrysler America announced last week that they would be converting and expanding their Mack Avenue Engine factory to a full-fledged car factory to build their next-generation Jeep Grand Cherokee as well as a yet-to-be-named large SUV. The new facility is part of Fiat Chrysler’s $4.5 billion manufacturing expansion in the state of Michigan which includes five production facilities in all. The expanded Mack Avenue facility will be the first new automobile assembly plant built in the state of Michigan since 1991. When completed it will be one of only two automotive assembly plants in the city of Detroit, a city once synonymous with automobile production. (Read More)

Women And Manufacturing

On this week’s edition of Riveting Exchanges on The WAM Podcast, Andrea and Desiree had the pleasure of interviewing Stacey Felzer, the owner of Chord Marketing Services, a B2B marketing firm that specializes in creating marketing that’s in tune with your customers’ needs.

Stacey, Andrea, and Desiree explore the topic of sabbaticals. Felzer recently came off of a sabbatical of a few months and was gracious enough to speak about her experience and the events that led up to it, as well as some practical advice for making the best of your sabbatical.