Despite President-elect Donald Trump repeatedly touting that “tariff” is his favorite word, many observers, investors, and foreign government officials hoped that his promises were mere rhetoric, doubting he would actually pursue the tariff-centered protectionist agenda he campaigned on. His recent appearance on “Meet The Press,” in which he again asserted that he is “a big […]

CLEVELAND, Dec. 11, 2024 /PRNewswire/ — The CBIZ Commercial Construction Index for the third quarter of 2024 reports that the construction industry retained momentum heading into the year’s final months. The index, produced by the CBIZ National Construction Services group, reveals significant trends in both nonresidential and residential construction activities. Infrastructure projects and ongoing manufacturing megaprojects once […]

Driven by the pro-growth and pro-manufacturing policies that are expected to materialize in 2025, there is a refreshing sense of optimism and enthusiasm for the new year permeating the manufacturing industry, particularly among job shops. While a number of projects were put on hold last year, many are now back in production plans for 2025. […]

SEOUL – South Korean companies are reconsidering their US$54 billion (S$72.5 billion) investment blitz to build electric vehicle (EV) battery plants in the United States, over concerns that President-elect Donald Trump could undo tax credits for EVs. Some firms have slowed or hit the pause button on any ongoing construction of some plants because they […]