It’s a great time to be looking at transportation stocks to buy. Thanks to the reshoring boom, multinational companies are looking to relocate much of their supply chains and manufacturing capacity back to the United States and the North American free trade zone. The pandemic, as well as ensuing logistical and supply chain disruptions, have […]
Reshoring News
Code Corporation, a global leader in barcode scanning and data capture technologies, today held a ribbon-cutting and homecoming celebration. Code is opening a new facility to reshore its product fulfillment, packaging, device configuration and a portion of its research and development and quality assurance testing. It is reshoring these activities and bringing new jobs to […]
Below is an excerpt from the podcast: AM: Can you give us a handy definition of reshoring? RC: Reshoring is kind of an interesting, broader term than you would think. It includes not only bringing manufacturing back to the U.S. that had once gone overseas, but it also includes expanding manufacturing domestically, as well as […]
In 2024, UK manufacturers are stepping up their Environmental, Social and Governance (ESG) commitments, according to a recent report by industry body Make UK and Lloyds Bank. The survey of 150 UK manufacturers finds that 62% now set ESG targets or KPIs (key performance indicators) for ESG, compared to just 42% in 2001. More than […]
A Yorkshire-based manufacturer will be hailed on Thursday as the latest example of Britain’s push to become “the reshoring nation”, when it unveils plans to shift overseas production capacity back to the UK. Sky News understands that Vince Cable, the Business Secretary, will disclose that Bee Health, a ‘nutraceuticals’ company, has won a series of […]
The U.S. Commerce Department said on Monday that it has signed an agreement to award Taiwan Semiconductor Manufacturing (TSMC) $6.6 billion in direct funding under the CHIPS and Science Act to set up semiconductor factories in Phoenix, Arizona, and provide up to $5 billion in loans. This grant, pegged for the company’s U.S. subsidiary, TSMC […]
An honest comparison demonstrates that the UK’s new trade deals and reshoring of production can mitigate the economic costs of Brexit When the UK left the EU, it wasn’t just the EU single market and customs union we left, but also all the trade agreements with third countries negotiated by the EU which we had […]
In this episode of ETF Spotlight, I speak with Yuri Khodjamirian, CIO of Tema ETFs, about attractive investment opportunities in the healthcare space. Two dominant investing themes over the past year have been AI and weight-loss drugs. While there’s a considerable investor frenzy around AI, particularly with the “Magnificent Seven” and now the “Fabulous Four,” […]
On April 4, 2024, RPM International Inc (NYSE:RPM) filed its 10-Q report, offering a detailed look into the company’s financial health and operational performance. RPM, a leading manufacturer of paints, coatings, and adhesives, reported a consolidated gross profit margin of 41.0% for the first nine months of fiscal 2024, a notable improvement from the previous […]
RPM International Inc. RPM shares are trading lower after the company reported third-quarter FY24 results. Sales rose 0.4% Y/Y to $1.523 billion, slightly beating the consensus of $1.518 billion. Adjusted EPS of $0.52 exceeded the consensus of $0.46. The company witnessed positive pricing in all segments, with volume growth being strongest in businesses serving infrastructure, reshoring, and high-performance […]
