Weekly Wrap Up For July 30th, 2021

 Host John Kennedy, CEO of NJMEP welcomes special guest Sam Gupta, an ERP thought leader in the digital transformation space for nearly two decades to discuss digital transformation initiatives in the manufacturing, distribution, and retail industries. Rivian Planning to Expand with Second U.S. Factory As the race to keep up with electric vehicle demand …

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Direct Pack Expands Operations at North Carolina Plant 

Factory expansion

On Monday, Direct Pack announced that they have finished expanding their manufacturing capacity at their Rockingham, North Carolina facility. The U.S.-based thermoformed packaging provider originally opened the plant in 2017, where it currently employs 125 people. Direct Pack uses the facility to produce a variety of different food packaging containers, such as salad bowls and …

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Weekly Wrap Up For July 23rd, 2021

 Norbert Ore, Senior Correspondent on Global Purchasing Manager’s Index surveys. SK Siltron CSS Makes $300 Million Investment into American EV Growth As demand for electric vehicles continues to ramp up, many auto manufacturers are looking to the United States for new production facilities. Along with them are companies that produce special components for EVs. …

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Weekly Wrap Up For July 16th, 2021

 Sebastian Elmgren, Smart Manufacturing Portfolio Manager at Ericsson, discusses how Industry 4.0 is driving the flexibility, innovation, and efficiencies found in 5G for wireless communications in new technology for manufacturers, from operations and production to logistics and warehousing. American Companies Added 692,000 New Jobs in June, Says New Data In recent months, the U.S. …

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American Companies Added 692,000 New Jobs in June, Says New Data 

employment

In recent months, the U.S. economy has been rebounding from the Covid-19 pandemic with an increasing number of new jobs. Now, a new report further indicates just how well the economy is recovering.  According to new data from the ADP Research Institute, private-sector employment increased by 692,000 from May to June. This follows a massive …

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New Study Shows Where Manufacturing is Thriving in the U.S. 

Manufacturing has continued to rise in the U.S., especially as the sector sees increased activity from the initial hit of the Covid-19 pandemic. Now, a new study by AdvisorSmith, a business advising company, shows where exactly manufacturing is at its strongest.  The study, taken across 294 different American towns and cities from 2015 to 2019, …

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Weekly Wrap Up for June 25th, 2021

 Join John Kennedy, CEO, NJMEP and Matt Guse, President, MRS Machining, as they discuss the workforce challenge on how to engage the younger generation and get them interested in the world of manufacturing. U.S. Industrial Production Up in May, According to Federal Reserve As Covid-19 vaccinations continue to roll out across the U.S., many industries are beginning to …

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Weekly Wrap Up For June 4th, 2021

 Anthony Nieves, Committee Chair of the ISM’s Services Report on Business(R) presents a remarkably strong Semi-Annual Forecast for the balance of 2021. Satellite Producer Xplore Opens New Manufacturing Facility in Redmond, WA As interest in commercial space ventures continues to grow, many space-focused companies are seeing a prime opportunity to expand. While the Covid-19 …

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Study Finds $50B in Chip Funding Would Boost Jobs in Construction and Design

silicon wafer

The semiconductor shortage, which has paralyzed many different industries, has several experts encouraging the U.S. to address this seemingly critical weak point by increasing domestic chip funding. While President Biden has promoted a $50 billion investment into the industry, his current proposal still remains in Congress. Now, a new study shows just what kind of …

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