Michigan Is the Home of EV’s Future

June 29, 2023

With $20 billion in clean energy investments in the last 18 months, Michigan is positioned to lead U.S. battery and EV development. Building on 18 months of major announcements and wins, Michigan’s leadership in mobility and electrification was recognized in Area Development’s Annual Shovel Awards, with the state winning a Silver Shovel for its transformational […]

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Chip War: Can Reshoring Save the World’s Most Vulnerable Supply Chain?

June 28, 2023

Electronics manufacturing is in danger. Nearly all of the world’s most advanced chips are produced in a single facility in Taiwan, and tensions with China pose an incredible threat to its existence. The Taiwan Semiconductor Manufacturing Company is the maker of these sophisticated chips. They produce GPUs for Nvidia and AI chips for Google, AMD, […]

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North America Above-the-neck Personal Protective Equipment (PPE) Growth Opportunities

June 27, 2023

In this report, Frost & Sullivan studies the above-the-neck PPE market in North America, covering products that users wear for protection against hazards that can cause injuries to the head, eyes, face, and ears. New York, June 27, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “North America Above-the-neck Personal Protective Equipment […]

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Metro Rankings: Manufacturing Hubs, Industrial Parks, Logistics

June 27, 2023

RED BANK, NJ — The resurgence of manufacturing investment into the United States has the potential to strengthen economies at every level, with record capital investment and job creation being touted in many locations across the nation. Reshoring and FDI into the U.S. is reported to be at record levels, with Kearney’s 2022 Reshoring Index […]

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Embracing ‘Bidenomics’ term, president seeks credit for economy

June 27, 2023

The White House is taking full credit for the economy this week ahead of a major speech by President Joe Biden to tout “Bidenomics.” The speech on Wednesday in Chicago, which is timed to coincide with a 2024 campaign fundraising trip, comes as the administration tries to deal with an apparent disconnect between public perceptions […]

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80% of CEOs Will Turn to Artificial Intelligence Within Two Years

June 27, 2023

Welcome to Thomas Insights — every day, we publish the latest news and analysis to keep our readers up to date on what’s happening in industry. Sign up here to get the day’s top stories delivered straight to your inbox. American manufacturing is on the cutting edge of technology, leading the United States into a […]

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3 Bargain Stocks You Don’t Want to Miss in 2023

June 26, 2023

Year-to-date, market indices have rallied significantly, led by the magnificent seven. As of this writing, the Nasdaq 100 is up 36%, whereas the S&P 500 is up 13%. Despite the rally in the indices, not all stocks have participated. 2022’s winning sectors have been laggards and are reasonable hunting grounds for bargain stocks for 2023. In the first half, market […]

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Talent Talk: A Light at the End of the Tunnel for the Plastics Industry

June 26, 2023

Last week we discussed US ­manufacturing being in a phase called Industry 4.0, continuing an evolutionary process that is now around 260 years in the making. From the spinning jenny and steam engine, we now have artificial intelligence (AI) and the industrial internet of things (IIoT). By the way, last week we also predicted that […]

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South Korea, Vietnam to boost work on North Korea nuclear threat

June 23, 2023

HANOI/SEOUL, June 23 (Reuters) – South Korea and Vietnam agreed on Friday to boost security cooperation, citing North Korea’s nuclear threat, and committed to increasing bilateral trade and investment despite a slump this year and Vietnam’s planned tax hikes on large firms. In his first visit to Vietnam as president, South Korean leader Yoon Suk […]

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Don’t Look Back: The Next Emerging-Market Decade Will Be Different

June 23, 2023

In India, newly crowned the world’s most populous nation, large domestic investment in infrastructure is bolstering manufacturing and attracting foreign investment. Samsung already has operations in India and continues to invest. Taiwan-based Foxconn Electronics, an Apple supplier, is planning a US$200 million facility for producing AirPods in India, marking a big vote of confidence in the country’s […]

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