Remnants of a COVID-disrupted supply chain, economic choppiness, and pressure to lower prices have backed manufacturing companies up against a wall, and forced them to reconsider their approach to offshoring production. Reshoring — moving manufacturing back to the countries where the goods are sold —is currently being embraced by 69% of manufacturers, according to research […]

In the aftermath of COVID-induced challenges, global industries are confronting a fresh wave of disruptions, particularly in shipping routes affected by geopolitical conflicts. Executives face new challenges as deliberate attempts to block the flow of goods unfold. Large-scale redirection in shipping is impacting dozens of countries in Europe, North America and Asia, as Houthi fighters […]

NexWafe GmbH (NexWafe) has established a U.S. subsidiary to evaluate the development of multi-gigawatt-scale solar wafer production in the U.S. with an initial target production volume of six gigawatts (GW). The North American operation will leverage NexWafe’s EpiNex™ production technologyfrom the company’s 250 megawatt (MW) first commercial facility, which is under construction in Bitterfeld, Germany. As part […]

A precision component specialist has posted a 10% increase in sales after making the most of a reshoring boom. Advanced Chemical Etching (ACE), which supplies parts to aerospace, automotive, electronics, general engineering, medical and telecoms, has secured £800,000 of new orders from companies looking to tap into exacting quality and new product development expertise. The […]