By John Revill ZURICH (Reuters) – Sika expects market conditions to improve in 2024 but remain “challenging”, the Swiss construction chemicals maker said on Friday after posting earnings in line with forecasts. The company, whose additives are used to waterproof and strengthen roofs, floors and walls, said 2023 had seen subdued business activity in Germany […]
Reshoring News
In an era marked by global uncertainties and shifting economic landscapes, North America stands on the cusp of an industrial renaissance. Driven by the tumult of disrupted supply chains, geopolitical tensions, and proactive governmental policies, the continent is witnessing a significant reshoring of manufacturing jobs. This movement, heralded by the recent ‘Forging the Future: Manufacturing […]
The U.S. stock market proved its resilience last year, chugging along steadily despite several fast-paced interest rate hikes. As 2024 has begun, the economy has continued to display signs of strength, with one important tailwind in reshoring supply chains. Reshoring U.S. manufacturing and infrastructure investment are together boosting industrial investing, which may call for investors […]
COLUMN: With the US witnessing the greatest reshoring activity ever in its history, the economy could deliver another term for Biden, but AI could be a potential wildcard in the electoral landscape. In the 1992 presidential campaign against incumbent President George Bush, then-Arkansas Governor Bill Clinton’s election strategist coined a memorable punchline: “It’s the economy, […]
Firm has raised more than $1.58 billion dedicated to investing in the Lower Middle Market industrial sector CHICAGO & AUSTIN, Texas & CLEVELAND, February 14, 2024–(BUSINESS WIRE)–CORE Industrial Partners (CORE), a manufacturing, industrial technology, and industrial services-focused private equity firm, is pleased to announce the closing of $887 million in capital commitments between its $685 […]
The global supply chain disruptions caused by the COVID-19 pandemic were a wake-up call to America’s alarming overreliance on imports of a broad range of critical products and materials. In the harrowing months that brought shortages and price spikes of essential goods — everything from personal protective equipment for first responders to computer chips for […]
The industrial real estate sector is entering a new phase in 2024 with stabilization and normalization. Explore the anticipated slowdown in rent growth, rising vacancy rates, and long-term opportunities driven by reshoring, nearshoring, and e-commerce. As we find ourselves in the early days of 2024, the industrial real estate sector is poised for a period […]
Last April, at a speech at the Brookings Institution, US National Security Advisor Jake Sullivan stated: “We will unapologetically pursue our industrial strategy at home, but we are unambiguously committed to not leaving our friends behind.” Nearly one year later, it is clear the Biden Administration is following through—at least with the first half of […]
In the sleepy Midwestern town of Pataskala, Ohio, a 1mn sq ft factory built on former farmland is marked with a sign: Illuminate USA. The utilitarian building is due to start production this month as one of the largest solar panel manufacturers in the US. At full capacity the $600mn plant will employ more than […]
The global supply chain disruptions caused by the COVID-19 pandemic were a wake-up call to America’s overreliance on imports of a broad range of critical products and materials. In the harrowing months that brought shortages and price spikes of essential goods — everything from personal protective equipment for first responders to computer chips for cars […]
