Reshoring News

Our weekly“Econ Extra Credit” newsletter is an unexpected way to learn about the economy, one film at a time. Sign up to watch, and learn, with us.Subscribe It’s just about two years since President Joe Biden signed the CHIPS and Science Act — which focuses on semiconductor factories in the U.S., reshoring and more. One […]

Jakarta (ANTARA) – The Indonesian government has decided to continue implementing its downstreaming policy while pursuing the adoption of the green economy to bolster integration and connectivity in the ASEAN. “The downstreaming policy emerged as one of Indonesia’s breakthroughs. Indonesia has also demonstrated a strong commitment to pursuing the green economy,” Indonesian Finance Deputy Minister […]

Real-time temperature reporting, advanced analytics reporting, and AI-powered optimization are some key use cases driving adoption in the food & beverage industry NEW YORK, Aug. 1, 2024 /PRNewswire/ — The adoption of cold chain telematics solutions for refrigerated trucks and containers in the food and beverage industry is set to grow extensively over the coming […]

ENSER Engineering Services, a leader in engineering solutions and reshoring initiatives, has partnered with the New Jersey Manufacturing Extension Program (NJMEP) as a Preferred Resource. The collaboration aims to enhance New Jersey’s manufacturing capabilities, providing innovative solutions and strategic support to increase productivity and competitiveness across the state. Peter Connolly, CEO – NJMEP said, “I […]

A bipartisan group of U.S. lawmakers introduced the American Tax Dollars for American Solar Manufacturing Act, aiming to prevent Chinese solar module manufacturers from claiming subsidies for their American factories. The Inflation Reduction Act, passed in 2022, offers manufacturing 45 X tax credits for solar components made in America. While the lucrative tax credits have […]

Amkor has signed a non-preliminary memorandum of terms with the U.S. Department of Commerce to receive up to $400 million in proposed funding under the CHIPS and Science Act, set to result in the ‘largest’ outsourced advanced packaging and test facility in America. In November 2023, Amkor revealed its intentions to build its first outsourced […]

NORTH BETHESDA, Md., Oct. 25, 2023 (GLOBE NEWSWIRE) — Nearly 70% of manufacturing CEOs who have invested in AI technologies within the last year have seen a significant ROI in key areas such as supply chain management, quality control and procurement, according to the latest American Manufacturing Resilience quarterly survey by Forbes, Xometry and veteran […]

(Bloomberg) — A pair of under-the-radar ETFs tracking made-in-America investment themes are quietly gathering assets, reflecting investor conviction that domestic manufacturing will thrive in the next presidential administration. While other aspects of the election trade have been rethought amid shifting political winds, the $1.4 billion First Trust RBA American Industrial Renaissance ETF (ticker AIRR), a […]

The restructuring of global supply chain has multifaceted and complex origins. The COVID-19 pandemic, climate change, automation and geopolitical tensions have all contributed to reshaping companies’ international distribution and trading patterns. Each of these issues alone would make the prospect of improving supply chain resilience daunting. No country alone can easily fix all of them. […]

Be it the need for skilled workers or growing a leadership pipeline, talent management attracted significant attention from our IndustryWeek manufacturing community over the past week. Our top content over the past seven days are:  The US Needs Workers. Germany’s Apprenticeship Model Can Help: Reshoring will fail without a skilled workforce pipeline. China’s Threat to […]