The microchip shortage has been making a noticeable impact on the auto manufacturing industry. As a result of the shortages, companies have had to reduce or even temporarily halt production in order to maintain an adequate number of chips. On Wednesday, GM announced that they would be extending some of their cuts for North American …
Read moreAuto Manufacturers Extend Production Cuts Due to Chip Shortages
The Department of Energy just announced plans to invest nearly $53 million into helping manufacturers shift towards more environmentally friendly methods of production. Now, the Department has announced its intentions to do the same in the energy sector, with new investments aimed at improving the American power grid. The Department stated on Wednesday that they …
Read moreDepartment of Energy Continues Investments with New Electrical Grind Funding
Cedar Knolls, New Jersey – March 23, 2021 – The New Jersey Manufacturing Extension Program, Inc. (NJMEP) announces they are teaming with the African American Chamber of Commerce New Jersey (AACCNJ) to deliver accelerated work and learn apprenticeship programs designed to upskill current and future workers for jobs in manufacturing and supply chain industries. “AACCNJ is …
While some manufacturers have experienced setbacks due to the Covid-19 pandemic, others have seen large increases in business. Among these companies is PAC Worldwide, which has recently announced plans to expand into Georgia. Founded in 1975, PAC Worldwide develops, creates, and automates packaging solutions for a wide variety of clients. Some of their most popular …
Read morePAC Worldwide to Put $47 Million Towards Georgia Facility
Norbert Ore, Senior Correspondent for Global PMI Surveys discusses the movement of Purchasing Manager’s Indexes in Asia, Europe, North and South America, and if the U.S. will see a booming GDP in 2021. Colquímica Adhesives Will Open First U.S. Facility in Charlotte, NC Charlotte, NC is mostly known for being an important banking and financial …
This article was originally published in the March 2021 issue of Manufacturing Outlook. For more great manufacturing news, reports, and insights delivered right to your inbox every month, subscribe to Manufacturing Outlook. Click here for your free subscription today. by Emily Newton At this point, it’s clear the COVID-19 pandemic will mark the end of one …
Read moreWhat Are the Short- and Long-Term Impacts of COVID-19 on Manufacturing?
A shift to clean energy and carbon footprint reductions have been some of the major goals for the Biden administration regarding their fight against climate change. Making the associated changes can be quite costly and difficult for manufacturers to do on their own. In an effort to help alleviate these issues, the Department of Energy …
Read moreDepartment of Energy to Provide $52.5 Million to Support Manufacturers, Workers
Charlotte, NC is mostly known for being an important banking and financial city. However, it has also been the site of some recent manufacturing growth as well. Among those settling into Charlotte is Colquímica Adhesives, which is set to open its first U.S. facility in the city. Based in Portugal, Colquímica Adhesives will be securing …
Read moreColquímica Adhesives Will Open First U.S. Facility in Charlotte, NC
One of the stated goals of President Biden’s administration has been the push for more clean energy policies which are focused on reducing the effects of climate change. This can be seen in his immediate rejoining of the Paris climate agreement, along with his assignment of former Secretary of State John Kerry to the newly …
Read moreOil to Get Greener, Faster as Climate Change Policy Shifts
It has been a difficult year for oil as a result of the Covid-19 pandemic, but many in the industry were hopeful that recent rebounds in prices signaled a stronger year in 2021. However, one agency doesn’t expect to see oil prices break past the $50 mark. According to the credit rating agency Fitch Rating, …
Read moreOil Prices Expected to Fall Below $50 in 2021 Despite Vaccine News
