Reshoring and Restoring U.S. Manufacturing

October 26, 2023

In 2020, the COVID-19 pandemic brought global manufacturing to a screeching halt. The disruption of production was the primary factor: A spiral of suppliers shutting down temporarily or permanently as employees and workers were called upon by business owners and government agencies to stay at home. This, in turn, led to a significant disruption in […]

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Why ‘Made in America’ will make everything more expensive

October 25, 2023

US corporations are making more stuff in America. But fewer made-in-China product labels will likely also mean higher prices for Americans at the checkout line. That’s according to a new paper from JPMorgan, which explored how US efforts to reduce supply chain dependency on China could impact consumer prices in the years ahead. While these […]

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EU sets up new mechanisms to stave off medicine shortages

October 25, 2023

BRUSSELS, Oct 24 (Reuters) – The European Commission on Tuesday launched some short-term measures to prevent medicine shortages this winter and the next as a stop-gap while a proposed pharmaceutical rules overhaul is hashed out by the EU’s key legislative arms. After the COVID-19 pandemic and ensuing medicine shortages due to supply chain bottlenecks, the […]

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Summit to forge a national coalition around building resiliency in U.S. manufacturing and operations

October 24, 2023

Aiming for a call to action and road map for 21st-century resilience in manufacturing and operations at scale WEST LAFAYETTE, Ind. – Purdue University’s recently launched eXcellence in Manufacturing and Operations Purdue Engineering Initiative, or XMO PEI, will in November host its first national summit, bringing together a dynamic coalition of partners in academia, government […]

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Mike Rowe, infant catheter to relieve gas, part of Walmart Open Call

October 24, 2023

Walmart hosted more than 600 potential suppliers at its 10th annual Open Call event on Tuesday (Oct. 24) at its corporate offices in Bentonville. Included were several suppliers like Proud Source Water and Beyond Green compostable cutlery, who landed previous deals. Walmart is still the largest U.S. retail importer by volume despite the fact that […]

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Foxconn: China’s probe of Taiwan iPhone maker exposes supply chain dilemma

October 24, 2023

HONG KONG, Oct 24 (Reuters Breakingviews) – Taiwan-based iPhone maker Foxconn looks stuck between a rock and a hard place. Chinese media reported on Sunday that authorities had carried out multiple tax- and land-use investigations at subsidiaries of $43 billion Apple (AAPL.O) supplier Hon Hai Precision Industry (2317.TW), also known as Foxconn, rattling investors and […]

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Biden’s revival of factory jobs is overblown

October 24, 2023

President Joe Biden has been traveling the U.S. touting a manufacturing revival that he no doubt hopes will help his chances for re-election. Unfortunately, this “Biden Boom” has much less substance to it than the White House would have Americans believe. Even under the rosiest of projections, the administration’s signature programs will do little to […]

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The third shale revolution: Reshoring and deglobalization

October 23, 2023

Hi, everyone, Peter Zion coming to you from Colorado where fall has firmly set in. Today we’re gonna do the third part of a three part series on the shale revolution, the third shale revolution. Phase One was the production side. Phase two is processing and turning things into fuels and intermediate materials that we […]

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Article-Talent Talk: Is the Manufacturing Recession Almost Over?

October 23, 2023

Remember in Q1 and Q2 2022, when real US GDP declined by 2.0% and 0.6%, respectively? Some declared that we were officially in a recession. Others pointed out that, while two consecutive quarters of negative GDP growth has been widely accepted as the definition of a recession, it turns out an organization called the National […]

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Li-Cycle puts hub construction on hold

October 23, 2023

Li-Cycle Holdings Corp. has decided to hold off on construction at its Rochester Hub project until a comprehensive review of the project’s strategy is conducted. The hub and its warehouse are slated to occupy more than 65 acres, or 50 football fields, at the Eastman Business Park. The Mississauga, Ont.-based company Monday said it plans […]

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