Applications are open through June 30, 2024, at www.amtonline.org/article/reshoring-award for the 2024 National Metalworking Reshoring Award. It honors OEMs and contract manufacturers that have effectively reshored products, parts, or tooling made primarily by metal forming, fabricating, casting, machining, or additive manufacturing to North America. The award is made possible by the Reshoring Initiative, the Precision […]
Reshoring News
Malaysia is seeking to attract more investments to help its semiconductor industry move up the value chain in the chips industry, particularly for chips used in electric vehicles. The country controls 13 percent of the global market for packaging, assembly, and testing services for semiconductors and is the world’s sixth-largest exporter of semiconductors. The semiconductor […]
Technology is set to become a game-changer for manufacturers in 2024, helping them overcome ongoing challenges. Despite a tough business landscape in recent years, many manufacturers are determined to continue their digital transformation journey this year. They are focusing on improving efficiency and building resilience by embracing smart factories, digitising supply chain, and harnessing the […]
Escalating tensions in the Middle East, rising oil prices and lengthy delays to international shipping have been hogging the headlines in the past few days. Before this, the prospects for the world economy had been looking a little brighter. But with military intervention in the Red Sea and disruption to global trade, all bets are […]
Intensifying geopolitical rivalry and tensions such as the Russian invasion of Ukraine are now firmly on the radar in C suites and on corporate boards. Unlike the Cold War, the starting point for the current bout of geopolitical rivalry was a dense set of cross-border commercial ties between protagonists. Companies with international operations have invested […]
It is no secret that since the 1980s, America, like many Western nations, have rapidly and steadily waved goodbye to their industrial base, whether traditional heavy manufacturing or niche, high-skilled technical manufacturing – it has disappeared. Rapidly spurred on by the expansion of globalisation that accelerated throughout the 1990s and early-2000s, backed by the waves […]
China has articulated a “Talent Superpower Strategy.” But does the U.S.have an equivalent workforce and talent strategy for educating, training, attracting and retaining the talent required for exponential technology innovation to insure American Competitiveness? A recent Center for a New American Security (CNAS) report explores this challenge – and how “the United States can better […]
The new year is well and truly underway, the mountains around Davos have turned a snowy white, and the 2024 edition of the World Economic Forum is about to begin. What can investors expect? As in previous years, somewhere between 2,000 and 3,000 official guests will attend – many from the business community, as well […]
STOCKHOLM – The global order is undergoing significant changes that demand a new economic-security agenda. From hot wars and localized insurgencies to great-power standoffs, geopolitical conflict has made the complex relationship between economics and security a daily concern for ordinary people everywhere. Complicating matters even more is the fact that emerging markets are gaining economic […]
China sent just 45 percent of its exports to the developed economies including the EU and the US in November, figures from data provider CEIC show. That was the lowest in over a decade and down from about 54 percent as recently as early 2022, The Wall Street Journal (WSJ) reported on Wednesday. The decline […]
