Imagine visiting a doctor who diagnoses you with osteoporosis and prescribes calcium supplements. Months later, you visit a cardiologist who detects calcification in your arteries and advises you to stop taking calcium. It is a sadly common scenario in which siloed experts, failing to consider a system in its entirety, offer solutions that undermine each […]
Reshoring News
The supply chain solutions and supporting technology that should have been there to correct the damage to the United States’ manufacturing base that occurred over the past 20 years have greatly let society down. Instead, real capability in that sector has gone backward. Software vendors marketed applications that resulted in islands of proprietary data. At […]
Supply chain delays and unpredictability are leading many manufacturers to reconsider reshoring and nearshoring as a way to gain greater cost and inventory control, shrink transportation times and costs, and reduce supply chain risks. And while manufacturing labor costs show little sign of easing, efficiencies and productivity gains provided by automation are helping to offset […]
In recent years, there has been an emerging reshoring trend among U.S. manufacturers. The Reshoring Initiative, a not-for-profit organization, estimates that from 2021 to 2022, the number of new U.S. jobs from reshoring and foreign direct investment increased by nearly 35%. REASONS TO USE DOMESTIC SOURCES The COVID-19 pandemic exposed serious supply chain risks associated […]
Swiss solar module manufacturer Meyer Burger has unveiled plans to construct a cutting-edge solar cell plant in Colorado Springs, Colorado, targeting the lucrative North American market. The company announced on Monday that the plant will boast an initial capacity of two gigawatts per year, aiming to cater to the region’s growing demand for renewable energy […]
MADRID (Reuters) – Infrastructure giant Ferrovial on Thursday reported a first-half net profit of 114 million euros ($125 million), more than double what it netted a year ago, helped by improving revenue from its motorway operations in North America. Revenue from highways rose 38% to 492 million euros, mainly on the back of its toll […]
Chicago-based Anovion Technologies, a climate tech-driven advanced materials company, announced recently that it had selected Decatur County, Ga., as the site of its first large-scale expansion of manufacturing capacity for production of premium synthetic graphite anode materials. Anovion chose the location in the southwest part of the Peach State to invest an initial $800 million […]
Rapid adoption by safety-conscious customers, deployments at Fortune 500 facilities, and passionate early adopters drove interest in AI-powered safety analytics insurtech platform SAN FRANCISCO, July 27, 2023 (GLOBE NEWSWIRE) — CompScience Insurance Services, the leading AI-powered safety analytics platform, announced a $10M Series A round led by operational growth investment firm Valor Equity Partners, early […]
ZURICH, July 27 (Reuters) – Holcim said on Thursday it expects to set another record for sales from North America this year as the world’s biggest cement maker goes after new business resulting from companies bringing production home and taking advantage of government subsidies. The forecast came as the company (HOLN.S) posted better-than-forecast quarterly results. […]
The G7, the collection of rich economies including the U.S., debuted a new approach toward China at the group’s annual summit in May, hoping to imply that the West was merely interested in reducing its dependence on the world’s second-largest economy, rather than trying to constrain Beijing more broadly. But the CEO of Temasek Holdings, […]
