The Information Technology & Innovation Foundation has released a report arguing support for the adoption of President Obama’s recently proposed $1 billion National Network for Manufacturing Innovation (NMMI). The Foundation says that even in economic hard times, the benefits from establishing such a center would far outweigh the up-front costs.
“Orders continue to be on pace for a record-setting year, and a monthly drop was fully expected in the month following IMTS,” said Douglas K. Woods, AMT President. “While manufacturing continues to play a strong role in economic recovery, our main concern heading toward the end of the year is that lawmakers do what’s necessary to avoid the 'fiscal cliff.'"
President Obama and White House Staff converged at The Rodon Group’s facility last Friday to show support for American manufacturing companies, the jobs they create, and the working middle class. The President’s backdrop was colorfully filled with K’NEX building toys, including an American flag made of 49,000 K'NEX pieces.
Apple CEO Tim Cook says the company will produce one of its existing lines of Mac computers in the United States next year. Cook didn't say which line of computers would be produced in the U.S. or where in the country they would be made. Cook says the consumer electronics world has never really had a big production presence in the U.S.
Built from a career in supply chain and manufacturing leadership, Chip White’s interview offers some interesting perspective on where U.S. manufacturing has been and where it can go with the right direction and investment.
Element Electronics is one of many companies who have re-shored an assembly line from Asia back to Canton, Michigan. While most of the parts are still produced overseas, the TVs are assembled, tested and packaged in Canton by workers who otherwise might not have a job.
A new Harvard Business School (HBS) survey reveals serious concern about America’s competitiveness trajectory, but wide agreement between liberals and conservatives on the policy imperatives that Congress and President Obama should advance following the election.
The story of how the United States lost its place in manufacturing dominance and why jobs were shipped offshore is highly relevant for business executives, government leaders and anyone interested in understanding their true impact on the country and what it will take to reestablish America’s prominence as a manufacturing leader.
In September, BCG surveyed more than 5,000 consumers in the U.S., China, Germany, and France regarding their attitudes toward the value of the Made in USA brand and their actual buying behavior. The results reveal that U.S. consumers will pay a premium for the Made in USA brand across a broad range of product categories.
"Research shows that the American economy will add 1.2 million new STEM-related jobs by 2018,” said Dr. Vince Bertram, President and CEO of PLTW. “It is critical that we equip today’s students with the knowledge, critical thinking, and problem-solving skills they need to fill these jobs and be prepared for the global economy.
The head of Taiwan's Foxconn Technology Group says he will invite dozens of American engineers to his factories in China to learn about manufacturing. News reports here say Terry Gou told a business meeting that he did not believe President Obama could succeed in moving production lines back to the U.S. because Americans have outsourced those jobs for too long.
If the United States economy is to restore itself to earlier levels of full employment, prosperity and financial soundness, the American manufacturing community must engage in a national effort to resurrect its global competitiveness. Today, we are threatened by a new brand of economic imperialism.
Today’s trend of Midwest manufacturing declining is due to a triple hit: a Chinese ordering slowdown, a languishing European economy and the domesticU.S. fiscal direction being up in the air with the presidential election. As a result, it’s no surprise that the ability to sell and grow the movement of manufactured goods is suffering, especially on international markets.
Michael Weiland might just have met his new engineer or machinist at Grafton High School. Weiland, COO of Gilman USA, represented the company at Grafton High School’s inaugural Manufacturing Job Fair Oct. 23. The goal of the job fair was to introduce students to potential careers in manufacturing and skilled trades. Ten local manufacturing firms exhibited at the job fair.
When I was growing up, it seemed like everyone believed that United States manufacturers made the greatest products in the world. From our home appliances to our cars, we all chose Made in America products for their quality and their value. Of course, the sentiment has changed since then as the economy has grown more global, and countries like China compete on price.
The skills gap in U.S. manufacturing today is more limited than many people believe and is unlikely to prevent a projected resurgence in U.S. manufacturing by the end of this decade. But more severe shortages could develop, threatening to constrain that revival, unless aggressive steps are taken now, according to new research by The Boston Consulting Group (BCG).
TD Economics, an affiliate of TD Bank, released a special report today crediting the revival of the U.S. manufacturing sector as a key driver in the economic recovery, largely due to a slowdown in offshoring activity. This slowdown has kept in the U.S. some of the jobs that used to be rapidly offshored, especially ones in relatively capital-intensive industries.
Manufacturing, and manufacturing jobs in particular, have come into focus with the presidential election. But will the sector become a major driver of the economy? Sappi Fine Paper CEO Mark Gardner says, despite the slow economic recovery, he is adding jobs to his company's payroll and expects growth in manufacturing businesses to pick up over the next 12 months.
For many years, manufacturing has been characterized as a less than desirable career choice, so the Gen Ys look at manufacturing as a last resort – or not an option at all. Parents are under the impression that jobs are not stable, pay is low and the environment is dirty. But the reality is that today’s manufacturing jobs require a highly skilled workforce to operate and maintain high tech, highly automated equipment.
In the next few years, thousands of Baby Boomers are going to retire, leaving factory jobs to Generation Y, who will be presented with dual challenges; increasing productivity and making the overall U.S. economy more competitive. However, the transition between the new generation of workers and the old will be difficult because the two generations are profoundly different in terms of attitude, skills and work styles.
Typically, we hear about the U.S. purchasing goods and materials from overseas. This story highlights the opposite scenario. Jim Dwyer, ‘About New York’ columnist, talks to Louise Story of the New York Times about a Brooklyn manufacturer whose custom luxury fixtures have caught the eye of buyers in China.
A new PwC US report, A Homecoming for U.S. Manufacturing?, reveals that while rising labor costs are part of the story, a range of factors—including transportation and energy costs and protecting the supply chain—could drive a sustained manufacturing renaissance in the U.S.
The Manufacturing Institute continues to work in communities across the country to help manufacturers partner with community and technical colleges to attract, qualify, and develop world-class manufacturing talent. This funding will allow for community and technical colleges to align their programs of study to the standards of industry-based credentials.
Consensus views on a U.S. manufacturing resurgence have largely centered on rising labor costs in markets such as China as the key driver of re-shoring back to the U.S. However, a new PwC US report, A Homecoming for U.S. Manufacturing?, reveals a range of factors—including transportation and energy costs and protecting the supply chain—could drive a sustained manufacturing renaissance in the U.S. beyond any cyclical recovery.
The reality is that with so many houses underwater, so many homeowners tied to them, and so many potential employers in manufacturing ready but unable to hire, the mortgage crisis must be included in any discussions about what’s causing our lack of manufacturing talent and how to help relieve that deficit.