Tim Fiore, Committee Chair of the ISM’s Manufacturing Report on Business(R) discusses both the May 2022 Purchasing Manager’s Index and the ISM’s Semi-Annual Survey in an information-packed presentation of where manufacturing is at and where it appears to be headed. If you need some good news, this is it!
This past Wednesday, U.S. Commerce Secretary Gina Raimondo urged Congress to pass the CHIPS (Creating Helpful Incentives to Produce Semiconductors) for America Act in order to safeguard national security and the future of the economy. The bill aims to incentivize investment in U.S. semiconductor manufacturing, research and development and supply chain security, providing income tax credit for chip equipment or manufacturing facility investment through 2026. (Read More)
This Thursday, South Korean-based PV solar-cell manufacturer Q Cells announced its plans to open a new solar panel manufacturing facility in Dalton, GA. The new facility will be built as an expansion to Q Cells’ existing facility in the area.(Read More)
On Sunday, Hyundai announced new plans to commit a further $5 billion towards investing in American manufacturing and innovation. The funds will support the company’s work in electric vehicles, robotics, air taxis, self-driving cars and artificial intelligence. (Read More)
People often believe that supporting US manufacturers is a lot harder to do than it really is. To explain how this is easier than you think, today we are joined by Dianna Huff. Dianna is the founder and president of Huff Industrial Marketing. In this episode, she describes her long career in manufacturing and how she came to found her company. In her efforts to stimulate job creation in the USA, Dianna made a commitment to support manufacturers by buying ‘Made in the USA’ wherever possible. To encourage others to do the same she also started her blog Keep it Made in the USA. Tuning in you’ll hear about some of the services provided by Huff Industrial Marketing and what mistakes many manufacturing businesses are making when it comes to their websites and trying to attract new employees. We also discuss how the nature of jobs in the manufacturing industry has changed over the past few decades, some of the recent trends Dianna has identified in American manufacturing, and how US manufacturers are benefiting from filling in the gaps created by the supply chain issues. To hear two incredible success stories of American manufacturers and to find out what steps you can take to support more US manufacturers, tune in today!