Reshoring Unpacked: A Transformational Shift From Global To Local

January 24, 2024

New research reveals that 25 percent of global trade will relocate within three years amid economic and geopolitical instability. The geographic distribution of global suppliers will fundamentally shift from being mostly global to mostly local by 2026. A nationwide study of CEOs in 2022 found that 58 percent are considering reshoring. Forty-one percent estimate the […]

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The benefits of reshoring injection moulding and toolmaking

January 22, 2024

By reshoring plastic injection moulding to the UK, Dudley Associates wants to lead the way in quality, efficiency and sustainability, This move promises enhanced quality control, reduced lead times, environmental benefits, IP protection and more, revitalizing the local economy and manufacturing innovation. In recent decades, the global manufacturing landscape has witnessed a significant shift towards […]

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Applications open for 2024 National Metalworking Reshoring Award

January 22, 2024

Applications are open through June 30, 2024, at www.amtonline.org/article/reshoring-award for the 2024 National Metalworking Reshoring Award. It honors OEMs and contract manufacturers that have effectively reshored products, parts, or tooling made primarily by metal forming, fabricating, casting, machining, or additive manufacturing to North America. The award is made possible by the Reshoring Initiative, the Precision […]

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Malaysia’s Semiconductor Sector Beckons Foreign Investors

January 16, 2024

Malaysia is seeking to attract more investments to help its semiconductor industry move up the value chain in the chips industry, particularly for chips used in electric vehicles. The country controls 13 percent of the global market for packaging, assembly, and testing services for semiconductors and is the world’s sixth-largest exporter of semiconductors. The semiconductor […]

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5 key technology trends that will shape manufacturing this year

January 16, 2024

Technology is set to become a game-changer for manufacturers in 2024, helping them overcome ongoing challenges. Despite a tough business landscape in recent years, many manufacturers are determined to continue their digital transformation journey this year. They are focusing on improving efficiency and building resilience by embracing smart factories, digitising supply chain, and harnessing the […]

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Red Sea threat lays bare economic risks ahead of US and UK elections

January 15, 2024

Escalating tensions in the Middle East, rising oil prices and lengthy delays to international shipping have been hogging the headlines in the past few days. Before this, the prospects for the world economy had been looking a little brighter. But with military intervention in the Red Sea and disruption to global trade, all bets are […]

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Here are the steps governments can take to help business navigate geopolitical tensions

January 15, 2024

Intensifying geopolitical rivalry and tensions such as the Russian invasion of Ukraine are now firmly on the radar in C suites and on corporate boards. Unlike the Cold War, the starting point for the current bout of geopolitical rivalry was a dense set of cross-border commercial ties between protagonists. Companies with international operations have invested […]

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Economic deterrence, flexibility, resilience at heart of new US defence industrial strategy

January 15, 2024

It is no secret that since the 1980s, America, like many Western nations, have rapidly and steadily waved goodbye to their industrial base, whether traditional heavy manufacturing or niche, high-skilled technical manufacturing – it has disappeared. Rapidly spurred on by the expansion of globalisation that accelerated throughout the 1990s and early-2000s, backed by the waves […]

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Does the U.S. Have a “Talent Superpower Strategy”?

January 15, 2024

China has articulated a “Talent Superpower Strategy.” But does the U.S.have an equivalent workforce and talent strategy for educating, training, attracting and retaining the talent required for exponential technology innovation to insure American Competitiveness?   A recent Center for a New American Security (CNAS) report explores this challenge – and how “the United States can better […]

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Davos 2024: A window into the reorganisation of large-scale flows of capital around the transition

January 15, 2024

The new year is well and truly underway, the mountains around Davos have turned a snowy white, and the 2024 edition of the World Economic Forum is about to begin. What can investors expect? As in previous years, somewhere between 2,000 and 3,000 official guests will attend – many from the business community, as well […]

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