TAIPEI, Taiwan– New Mexico Gov. Michelle Lujan Grisham will lead a business and trade mission to Taiwan on Sunday to participate in U.S. Business Day and meet with Taiwan President Tsai Ing-wen, Minister of Economic Affairs Wang Mei-hua and manufacturing companies interested in locating to the state. Gov. Lujan Grisham will speak on September 19 […]
Reshoring News
Whether we’re talking about the extraction of materials or the construction of components, reshoring – the phenomenon of bringing the various stages of production back home – will be crucial to the development of renewable energy in Europe. It will enable it to become independent from foreign countries and self-sufficient in the supply of raw […]
Amid the global restructuring of the semiconductor supply chain, Samsung Electronics and SK hynix are likely to be the most affected by decisions related to U.S. licenses. On Sept. 11, the Korea Institute for International Economic Policy (KIEP) reported in its Global Semiconductor Supply Chain Restructuring study that Korean companies, especially those with factories in […]
If the COVID-19 years taught supply chain managers anything, it was to expect disruption. And while those on the ground deal with disruption almost on a daily basis in 2023, it is not the top item on the minds of supply chain practitioners heading into 2024. In fact, it isn’t number two either. It is […]
Robeco presented its thirteenth annual Expected Returns report. The 5-year outlook predicts significant power dynamics that will shape the economic landscape in the coming years. These dynamics include the friction caused by deploying capital at the expense of labor, the battle between fiscal and monetary policy, and the deteriorating relations between the United States and […]
American industrial automation giant Rockwell Automation Inc. ROK-N has agreed to buy Waterloo, Ont. autonomous robot maker Clearpath Robotics Inc., in a deal that could exceed US$600-million in value. Rockwell announced the deal last week, and did not disclose the price. But four sources familiar with the matter said Rockwell is paying between US$550-million and […]
By all accounts, the post-pandemic period in the U.S. is characterized by a remarkable resurgence in advanced manufacturing – a response to such challenges as rising geopolitical tensions, the climate crisis, and supply-chain vulnerabilities. This transformation, which we have termed the “industrial transition,” is being catalyzed by increased federal spending – notably, via the Inflation […]
By Lee Min-hyung Economists and industry officials, Tuesday, called for the government to provide enhanced corporate tax incentives to repatriate the overseas production lines of local firms, promoting domestic economic growth and job creation in the face of rising global protectionism. They said companies appear to consider the government’s recent tax incentive packages unsatisfactory, as […]
In today’s political climate, it takes a true problem-solver to build consensus and get things done. For reaching across the aisle to work with Democratic leadership in authoring and supporting the CHIPS and Science Act to strengthen the country’s economic and national security, U.S. Sen. Todd Young is being heralded by the Indiana Chamber of […]
Nextracker has just unveiled a new dedicated manufacturing facility in Las Vegas along with Unimacts, which will own and operate the facility. The new facility will produce critical steel components exclusively for Nextracker used in ground-mount solar power generation plants to serve projects in Nevada and southwestern states. This is Nextracker’s sixth public dedication of […]
