As things remain tense between China and the U.S., the Biden administration has announced this week they would maintain a hard-line economic approach towards the nation by enforcing Trump-era tariffs and targeting Chinese subsidies for private industry. This comes months after the Senate passed a $250 billion spending package meant to counter Chinese investments in …
Since the Covid-19 pandemic began, supply chain shortages have become the norm. Companies and nations alike have been struggling to maintain consistent supply lines. In an effort to mitigate these deficiencies, the U.S. Department of Commerce has announced a new system to detect shortages in one of the most critical industries currently out there. On …
Amid coal shortages and new energy usage goals, factories in China have been forced to limit or completely halt production to comply with energy use limits. A new report shows just how these hurdles have impacted the nation’s overall production capabilities. On Thursday, a new report showed that Chinese factory production contracted in September for …
Manufacturing PMI® at 61.1% New Orders, Employment, and Production Growing Supplier Deliveries Slowing at Faster Rate; Backlog Growing Manufacturing Inventories Growing; Customers’ Inventories Too Low Prices Increasing; Exports and Imports Growing (Tempe, Arizona) — Economic activity in the manufacturing sector grew in September,with the overall economy notching a 16th consecutive month of growth, say the …
Last week, New York Governor Kathy Hochul announced that Canadian solar firm Ubiquity Solar Inc. will establish its first U.S. solar photovoltaic manufacturing center in the former IBM site located in Endicott, NY. The company is investing nearly $61 million into the project and expects to create up to 150 highly skilled jobs in the …
The reshoring of jobs back to the U.S. has been a major focus for both sides of the political aisle with the past and current administrations alike placing an emphasis on bringing back jobs. A recent report shows that reshoring efforts this year could not only surpass last year’s figures but also set a new …
This article originally appeared in the September 2021 issue of Manufacturing Outlook. To read the latest issue or to receive your free subscription, visit ManufacturingOutlook.com. By Thomas R. Cutler The new Gen Z and Entertainment divisions of the Manufacturing Media Consortium are looking at the way young D2C (direct to consumer) entrepreneurs use streaming to …
This article appears in the September 2021 issue of Manufacturing Outlook. To read the latest issue or to receive a free subscription, visit ManufacturingOutlook.com By: Robin Fleming, Co-Founder & CEO of Anvl The past year brought a significant paradigm shift to the “normal” way of working around the world. During the pandemic, there was an …
Northern Indiana has long been a major hub of RV manufacturing in the U.S. and a new forecast shows that this year may be one of the best for the sector in recent years. According to the latest forecast from the RV Industry Association, it’s expected that the region will produce and ship 580,000 vehicles …
The Covid-19 pandemic is still creating major headaches for auto manufacturers. In a drastic effort to restructure and reduce costs, Ford announced plans to drastically shift its operations in India. On Friday, Ford released a press statement in which they described the future of their presence in India. According to the statement, Ford India will …
