Welcome to Thomas Insights — every day, we publish the latest news and analysis to keep our readers up to date on what’s happening in industry. Sign up here to get the day’s top stories delivered straight to your inbox. According to Xometry’s latest American Manufacturing Resurgence Poll, 48% of CEOs have reshored some or all of […]
Reshoring News
The economic news coming from China isn’t good. While the U.S. economy is expanding, the Chinese economic growth rate has declined from double digits just a few years ago to 3% in 2022. According to China’s General Administration of Customs, China’s exports have fallen for four of the six months so far in 2023. Shipments […]
Nucor Corporation (NYSE:NUE) is a steel company that offers strong prospects and is undervalued. While the current valuation may not seem like a bargain, it fails to recognize the importance of steel in the four mega-trends of rebuilding, reshoring, repowering, and renewing. These trends, which are essential for the transition towards cleaner energy sources, will […]
And it goes beyond chips. The US has also passed the Inflation Reduction Act which envisages the mobilisation of $1.5 trillion of capital into clean energy, including advanced manufacturing production credits. Europe has followed suit with its Green Deal Industrial Plan which offers €390 billion of funding to enhance the EU’s manufacturing strength in strategic […]
In this article, David Alatorre – Chief Technical Officer at Rivelin Robotics, explores the challenges being faced by manufacturing organisations across industries. A societal and cultural shift away from manual, craftsmanship-based roles, coupled with the perception of health risks in manufacturing occupations has led to a significant skills shortage in the sector. Various other challenges […]
After taking a “week off” to spotlight the jaw-dropping number of new US factories being built, this is a continuation of the tremendous story that US manufacturing is writing. Thus far we have discovered that we are in what is commonly referred to as Industry 4.0, and that factors like reshoring and government incentives are […]
DUBLIN–(BUSINESS WIRE)–The “Global HR Services Market Forecast up to 2028” report has been added to ResearchAndMarkets.com’s offering. The global HR services market, valued at US$581.22 billion in 2022, is expected to reach US$1 trillion by 2028. The growth of the HR services market is driven by factors such as the increase in the working-age population, […]
The unsuccessful effort to launch a highly-automated factory for Craftsman tools in the U.S. underscores the challenges American businesses face in bringing manufacturing back from overseas. Craftsman, the world’s largest tool brand, owned by Stanley Black & Decker, initially announced in 2019 that it would build a $90 million facility employing up to 500 workers […]
Michigan residents lash out at Dems over funding for Chinese-owned manufacturing plants Former Michigan gubernatorial candidate Tudor Dixon joins Fox & Friends First as tensions get heated and warns of serious national security concerns. The unsuccessful effort to launch a highly-automated factory for Craftsman tools in the U.S. underscores the challenges American businesses face in […]
Ludovic Subran Munich, Germany ● Sat, July 22, 20232023-07-2207:0312d5259e4d93052b0e76bee70b05a3fc0b2AcademiaTrade,economy,globalization,ASEAN,RCEP,China,US,EU,integrationFree Trade theorists have long warned of the implications of increased economic regionalization. Any development along these lines, they have long argued, would undermine key structural elements of the world economy. Of course, regional trade agreements need to be monitored carefully, so that they do […]
