How to Make New Hires Want to Stay, Revisiting Rare-Earth Mineral Restrictions

July 26, 2024

Be it the need for skilled workers or growing a leadership pipeline, talent management attracted significant attention from our IndustryWeek manufacturing community over the past week. Our top content over the past seven days are:  The US Needs Workers. Germany’s Apprenticeship Model Can Help: Reshoring will fail without a skilled workforce pipeline. China’s Threat to […]

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Fast-growing Canadian tights company rumoured to be loved by Taylor Swift could be a model for reshoring

July 26, 2024

What could make shoppers shell out up to $100 for a pair of women’s tights? Canadian fashion manufacturer SRTX seems to have it figured out, and its founder thinks the model could be the future of manufacturing. The company has shipped three million pairs of tights in the past five years at a higher price […]

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Reshoring foreign businesses to Italy: a new big opportunity

July 25, 2024

Article 6 of Legislative Decree No. 209/2023 introduced the ‘reshoring regime’, a tax incentive designed to promote the introduction of economic activities in the Italian territory. The measure provides for a substantial reduction of the effective tax burden on income generated from activities relocated to Italy. It applies from fiscal year 2024, although its effectiveness […]

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Emerging Small Caps Shine Bright: Will the Momentum Continue?

July 25, 2024

Small-cap stocks have finally shown signs of a breakout after underperforming for the past decade, with the Russell 2000 rallying more than 9% in July while the S & P 500 remained flat. This rally comes on the back of an improved interest rate outlook and inflation, prompting investors to bet on the asset class […]

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Who oversaw more growth in manufacturing jobs, Trump or Biden? Here are the numbers for Virginia metros.

July 24, 2024

When JD Vance spoke in Radford on Monday, some of his loudest cheers came when he talked about restoring manufacturing jobs.  “For years, Washington insiders in both parties have sold out places like Middletown, Ohio, like Radford, Virginia,” the Republican vice presidential candidate said. “Both parties shipped good manufacturing jobs overseas. They decided we didn’t […]

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The Great Industrial Relocation

July 24, 2024

Reshoring appears to have gained broad traction. A December report from investment bank Harris Williams noted that 90% of North American manufacturers plan to bring at least part of their operations back to the continent in the next five years. The report showed that approximately 1.2 million manufacturing jobs have come back onshore since 2019. […]

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These 2 stocks and an ETF will gain whoever wins the U.S. election, says fund manager

July 22, 2024

As the United States presidential election nears, there’s one key theme that’s expected to continue regardless of who wins: the reshoring of American manufacturing . Both the Republicans and Democrats have proposed policies that favor bolstering manufacturing in the country – through subsidies or tariffs. And investors are paying attention. Tema ETFs runs the actively […]

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The latest US presidential twist throws the race wide open – but what could it mean for Australia?

July 22, 2024

The 2024 US presidential election is proof that in America nothing succeeds like excess. The standing down of President Biden is just the latest twist in this extraordinary race – and could be the circuit breaker the Democrats are looking for. It removes age as an issue for them and potentially refocuses the campaign, with […]

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Bike Industry Legislation Looks At Reshoring

July 22, 2024

Outdoor recreation accounted for more than a half-trillion dollars of economic activity throughout the United States in 2022, according the U.S. Bureau of Economic Analysis (BEA). The BEA reports that the value added of the outdoor recreation economy accounted for 2.2% ($563.7 billion) of current-dollar gross domestic product (GDP) that year. As defined by BEA, […]

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Why there may be room to move on China-US trade in a populist Trump White House

July 19, 2024

A Trump 2.0 administration is sure to mean a more protective and populist America but there may still be room for the US and China to address their trade dispute, analysts said. Accepting the Republican Party nomination for the US presidential election on Thursday, Donald Trump vowed to reshore car manufacturing and put tariffs of […]

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