A fair amount of concerning manufacturing news captured the attention of our IndustryWeek manufacturing audience over the past week: a rise in U.S. child labor violations, an automotive testing scandal among Japanese automakers, and manufacturing’s continued No. 1 position as a recipient of cyber attacks. A few hints of better news also surfaced, however. IW’s […]
Reshoring News
Bridget McCrea ·June 7, 2024 · Editor’s note: Procurement Pulse is a monthly look at a topic or trend that is impacting the procurement function at organizations of all sizes. If you are interested in future topics, you can see a full list of upcoming features on our Editorial Calendar. Bringing production and sourcing back to the […]
Biden Administration Policies Tax incentives. Current tax incentives included in recent industrial policy packages—chief among them the IRA—aim to provide a launchpad for domestic manufacturers. They are meant to spur production of multiple goods necessary to the green transition, including the active materials production stage of the lithium-ion battery supply chain. When it comes to […]
Amidst the economic uncertainties of 2024, industrial real estate is gaining attention as a potential stable investment option for those seeking protection against inflation. As of April 2024, we have seen many more industrial acquisition opportunities hit the market, and we expect this recent pickup of deals to set the tone for real estate valuations […]
“While the recent pitch for domestic manufacturing has hooked a diverse group of players — equipment suppliers, government, academic institutions, nonprofits, specialty manufacturers — global pharma companies have conspicuously kept their distance,” writes Pharma Manufacturing’s Chief Content Director Karen P. Langhauser. A broad and generic approach to reshoring ignores the many nuances that make up […]
The IAM sounded the alarm on the negative effects of offshoring production of critical materials at a recent U.S. Trade Representative (USTR) hearing in St. Paul, Minn. “IAM members have seen first-hand the effects of interruptions to our nation’s supply chain, as companies have offshored production of important components,” said Peter Greenberg, IAM Special Assistant […]
The food & beverage sector is another high-level adopter of mobile robots. Within this segment there is a large number of cases and pallets which need to be moved, a task well suited for a robot to complete. It is a sector with very predictable end demand, said Sharma, and there is a growing direct-to-consumer […]
The U.S. is a central axis that leads the global economy and stock market, and the return on equity (ROE) continues to rise through growth and distribution. In particular, companies such as Apple, Alphabet, Microsoft, and Nvidia represent global growth stocks and have become promising investment destinations for investors. It is leading technological innovation across […]
Private equity investments are getting scaled back worldwide, as “higher for longer” interest rates and uncertain global growth have dampened investor appetite for risk, And Southeast Asia, just a few years ago seen as a budding hotspot for the digital economy, is no exception. A new report from Bain and Company shows that private equity […]
An auto manufacturer has preleased the entirety of an unfinished industrial development, the 540,000-square-foot Hudson Valley Logistics Center in East Fishkill, N.Y. The tenant, which has not been identified, plans to use the facility as a parts distribution hub. The property, which will be complete in the third quarter of this year, is a development […]
