The solar manufacturing industry will consolidate in 2024, after oversupply and falling material costs drove a downstream price war in the second half of 2023. Smaller, tier-2 and tier-3 manufacturers with below-cost module prices will continue to face negative margins. Tier-1 Chinese manufacturers have also been affected by the crash in average selling prices and […]
Reshoring News
By: Kiki Verico, Associate Professor of International Economics – Universitas Indonesia and Senior Advisor on Industry and International Trade to the finance minister Can Indonesia benefit from global economic reshoring? The short answer is yes, but how? Let us start with the big picture before going into more detail. Indonesia, officially in its long-term development […]
The Latest Developments in Outsourcing: Industry Experts Weigh in at CPHI North America – Contract Pharma The CDMO Roundtable at CPHI North America featured industry experts in a panel discussion which covered the newest developments in outsourcing, including industry trends, technological advancements, regulatory considerations and strategic partnerships. Speakers included: The interactive roundtable was hosted by […]
Last month, Samsung CEO Kye Hyun Kyung welcomed Commerce Secretary Gina Raimondo and a bipartisan group of elected officials to celebrate a $6 billion investment in the company’s Austin-area semiconductor plant as part of the CHIPS Act. The event was one in a string of widely publicized, ribbon-cutting ceremonies where President Biden or his top aides locked […]
The push to reshore and otherwise grow U.S. manufacturing space is in full swing, as private companies look to avoid supply chain disruptions and public policy supports its expansion as a matter of national and economic security. But forces are pushing back, namely a labor shortage impacting both the ability to build the new manufacturing spaces […]
RPM International Inc. RPM is benefiting from the implementation of MAP 2025 operational improvement initiative, increased infrastructure spending, and acquisitions and divestitures. Recently, RPM reported third-quarter fiscal 2023 (ended Feb 28, 2023) results, wherein its earnings and sales surpassed the Zacks Consensus Estimate by 23.3% and 3.5%, respectively. The growth was backed by the abovementioned […]
Brian Straight ·May 10, 2024 · There is no doubt that reshoring is a hot trend in 2024. In fact, ever since the Covid-19 pandemic outbreak, the number of companies interested in reshoring has been growing. Why? And why did manufacturing head overseas to begin with? The answers are many, but Rosemary Coates, the executive […]
Industrial policy is back with a bang. The COVID-19 pandemic revealed vulnerabilities in global supply chains, prompting intense debates in Congress about government’s role in the U.S. economy. The response has been increased support for favored domestic industries. But those decisions presage other problems. Central to the discussions has been the concern that certain foreign […]
The global market landscape is on the cusp of significant transformations as 2024 approaches. Market analysis highlights several key trends and forecasts that are expected to influence the economic, business, and consumer sectors. Here’s an overview of the projected developments and their potential consequences. Economic Progress and Obstacles The global economy is projected to experience […]
Rabia Akhtar The Asia-Pacific region, a critical arena for international politics due to its economic dynamism and strategic maritime routes, is currently witnessing an intensifying rivalry between the United States and China. This competition is reshaping the geopolitical landscape, influencing regional security and affecting the global balance of power. The rivalry is multifaceted, encompassing trade, […]
