Manufacturing supports the economies of local communities in ways that do not show up in national reports. It also accounts for a large percentage of R&D spending and American patents.
Last week, Walmart announced that it had hosted a group of U.S. manufacturers to its headquarters in Bentonville, AR. It inspires me to hear that big corporations (especially those as big as Walmart), are getting on or are still on the ...
800razors.com founder Phil Masiello sounds a little resentful of the overriding skepticism that dominates the current political landscape, saying, “People tell us all the time that they cannot believe that we are truly a Made in America product, and they can’t believe that we’re doing it economically.”
The U.S. has among the lowest labor costs in the industrialized world and is awash in cheap energy, making it attractive for businesses to reshore by bringing their operations back to the U.S.
The Workforce Innovation and Opportunity Act (WIOA) eliminates 15 unnecessary programs and includes five skills-training provisions from Coons’ Manufacturing Jobs for America campaign to help prepare the current workforce for the high-technology manufacturing jobs of today.
The global manufacturing scene has been getting a lot of press lately, as China’s production slows and the reshoring trend gives American workers hope. But with so many moving parts, what’s really happening?
After decades of siphoning jobs from the United States, China is creating some. Chinese companies invested a record $14 billion in the United States last year, according to the Rhodium Group research firm. Collectively, they employ more than 70,000 Americans, up from virtually none a decade ago.
The Singapore-based company will produce both passenger and light truck tires in the new facility, which will combine manufacturing and distribution within its estimated 1.8 million square feet.
Check out some of this week's top headlines from across Manufacturing.net, from Independence LED Lighting making lights in America to Heinz and Ford teaming up to make auto parts from tomato skins.
After an unsuccessful tryst with China, Independence LED Lighting ended up establishing a new headquarters and manufacturing operation in Wayne, Penn., just under 20 miles northwest of Philadelphia — reshoring all that production work to the U.S.
Using a new finance tool, she shows how the mismatch costs that result from extending the supply chain may well be higher than the lower cost offered by the offshore supplier, leading to reduced profits.
The gathering Tuesday is designed to illustrate growing interest in the United States by firms capable of creating high-paying jobs.
"[The ban] will result in forcing consumers to use products such as reusable bags, which are mostly imported from China, made from foreign oil and are not recyclable," said SPI President and CEO William R. Carteaux.
A recent survey from Entrada Group titled “Where in the World?” posits a rather interesting conclusion: the U.S. is now considered the prime location for low-cost manufacturing, with Mexico a close second, and China — once the mecca of cheaply-produced goods — falling far behind. It’s a far cry from the trends over the last few decades.
When it comes to understanding the need for reliability and maintenance, it’s hard to look further than veterans — they know the stakes if a piece of equipment fails. As a former fighter jet pilot, Michael Aroney is familiar with high-risk endeavors, and what keeps them as low-risk as possible — maintenance is absolutely necessary to the equation.
In the latest loss for the American textiles industry, Fruit of the Loom has announced its plans to close its plant in Jamestown, KY. Work at the facility will be moved to Honduras in an effort to cut costs.
Many past decisions to offshore manufacturing were based on price alone. Today, manufacturers are looking at more than just price when considering sourcing decisions and production locations. But that doesn't mean our supply chain is ready to handle all the potential new business.
CFOs predict increasing revenues, capital investments and hiring while expressing concern about health care costs, maintaining margins and the competition for skilled labor.
“Nearly 80 percent of manufacturers in the U.S. are facing a shortage of skilled labor. In conjunction with the AME Institute and Kronos, we are excited to offer this scholarship that supports and promotes manufacturing as a career path,” says Paul G. Kuchuris, Jr., president, The Association for Manufacturing Excellence.
Two big announcements yesterday, one from Walmart and one from 3D Systems, push for the creation and reshoring of American manufacturing jobs.
Ford Motor Co. is announcing that it will build its Ford F-650 and F-750 trucks at its assembly plant west of Cleveland.
Without solid numbers, many have assumed that most of the offshored jobs go to developing countries where workers are paid near-poverty wages in less than ideal working conditions. However, the researchers said public fear that offshoring to lower-cost countries is putting downward pressure on U.S. jobs may be overblown.
The failure to recognize the static nature of the business coupled with the failure of manufacturers to comply with disciplined global production systems has caused the participants to revisit the value of outsourcing and the opportunities associated with reshoring.
You may get your product faster and cheaper, but manufacturing overseas has its pitfalls. Through a combination of one of the new manufacturing trends, “new-shoring” — creating new jobs closer to home — and smarter international manufacturing practices, small businesses are helping protect their valuable assets.
There is still a far greater emotional response to a factory closing than to an engineering firm opening. It’s not that plant closings are trivial, or that engineering is somehow superior. But there may be a problem with our focus on factories in that it takes energy away from aggressively developing more advanced services.