Weekly Wrap Up For June 10th, 2022

Nancy LeMaster, committee chair for the Institute for Supply Management’s Hospital Purchasing Managers Report on Business with the latest report.

Semiconductor ManufacturingMichigan Governor Announces $1.5 Million for Semiconductor Investments

SEMI, the global industry association that unites the entire electronics manufacturing and design supply chain, Michigan Governor Gretchen Whitmer, and the Michigan Economic Development Corporation recently announced new funding for the SEMI Foundation that will see the development of the SEMI Career and Apprenticeship Network (SCAN) in the state. (Read More)

Chinese EV Maker NIO Looking to Expand to U.S.

According to a new report from China Business News, Chinese EV producer NIO is looking to hire a number of positions related to manufacturing vehicles in the U.S. The recruitment descriptions suggest the Chinese automaker intends to begin planning and erecting EV production facilities on U.S. soil that may start with complete knock-down (CKD) or semi-knock-down (SKD) assembly methods. (Read More)

China SanctionsU.S. Investigates Chinese Companies Over Export Sanction Issues

U.S. Commerce Secretary Gina Raimondo said on Tuesday that the Biden administration is actively considering adding new Chinese companies to the government’s economic blacklist as it investigates what it calls efforts by China to evade U.S. sanctions. (Read More)

Today we gain insight into the topic of project, contract, and supplier management, and how they relate to small and medium-sized manufacturers. Joining us for this discussion is an expert in this field: Angela Thurman is the Principal Managing Director of Thurman Co, an organization that helps small to medium-sized companies with strategic technical project management to help them stay aligned with their goals. Angela is no stranger to contract management, having spent 10 years as a principal subcontracts program manager at Collins Aerospace and with experience negotiating $1 billion contracts. Tuning in you’ll hear about Angela’s impressive career in the aerospace industry and how she came to found her own consulting business. She touches on many different aspects of the manufacturing industry and covers helpful topics including how to overcome resistance to change through project management, how to negotiate a contract from the position of strength as a small- to medium-sized manufacturer, and how you can reap the benefits of a contract when it comes to your suppliers. For some fascinating insight from someone who is usually on the other side of the negotiating table, tune in today!

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