In a time when global supply chains are under unprecedented strain, the “Made in Old Town” project in Portland, Oregon, represents a bold new vision for American manufacturing—one that combines cutting-edge digital production technologies, like 3D printing, with the growing trend of reshoring. The result may redefine U.S. cities altogether. A New Urban Model Old […]
Reshoring News
These are the most-read DIGITIMES Asia stories in the week of August 19 – August 23. Intel’s 18A under fire: struggling yields, skepticism, and a race against TSMC Intel has been attempting to shift the narrative to a more positive light following the company’s “gruesome” series of trainwrecks that saw a disappointing second-quarter 2024 earnings […]
Executive Director of the Center for International Maritime Affairs Ghana (CIMAG), Albert Fiatui has issued a stark warning that the Keta coastline in the Volta Region could disappear within the next two years if urgent action is not taken. Speaking on Joy FM’s Super Morning Show, Mr Fiatui highlighted the alarming rate of coastal erosion […]
Two years ago, the Biden Administration and Congress worked together to begin the process of reshoring solar manufacturing. For the last 20 years, China has been working hard to secure a monopoly over this critical technology. While China has mostly succeeded, the Inflation Reduction Act (IRA) created a set of incentives to get us back […]
A report from Reshoring Initiative indicates the effort to return manufacturing jobs to the U.S. created 819 reported cases of reshoring in 2023, and foreign direct investment led to 287,000 job announcements, the second highest year since data began being tracked in 2010. Harry Moser, president and founder of Reshoring Initiative, said the first half […]
ROCHESTER, N.Y. — As chips gain an even greater presence in the essential technologies of today, this gives rise to the transformative technologies of tomorrow. “There’s always been, you know, the need to hire engineers in this field to keep supporting the advancement in new technologies and to make things better, higher performance, lower cost […]
There is a ticking time bomb hanging over the U.S. economy. The nation’s electricity grid operators and utilities are projecting rapidly approaching power shortfalls. And instead of helping address the crisis, U.S. energy policy is making a bad situation far worse. Power demand is suddenly soaring. New battery and semiconductor manufacturing, reshoring of supply chains […]
Recent shifts in global manufacturing and supply chain dynamics have sparked significant discussions surrounding the strategy of reshoring. This concept, which emphasizes bringing production back to domestic soil, is increasingly seen as beneficial for companies aiming to mitigate risk and streamline logistics. The COVID-19 pandemic exposed vulnerabilities within prolonged supply chains, prompting companies to reconsider […]
Reshoring to the U.S. could be a solid growth opportunity for Eaton Corp. PLC (NYSE:ETN)as companies pull out of China and invest in domestic or nearshore facilities. Eaton’s electrical equipment and industrial applications may be poised to see increased demand from reindustrialization due to strong exposure to key sectors ,an attractive valuation despite premium and […]
Kellanova, We Hardly Knew You That didn’t take long. Have you heard of the name Kellanova? The spinoff from WK Kellogg Co. collected all of its non-breakfast-cereal brands into one location – big names including Pop Tarts, Eggo, Pringles, Cheez-It and (for some reason its non-cereal) Rice Krispies Treats. It’s been around for less than […]
