Certainly, the global energy market has already been turned upside down since the invasion of Ukraine as Europe moved to stop buying Russian energy. Russia has been forced to redirect its energy exports to friendlier nations such as China and India, sold at a discount to global prices. In Europe, the short term solution has […]
Reshoring News
Electronics manufacturing firm, MacroFab, announces a successful funding round of 42 Million USD as part of its expansion plan into the United States and Mexico. Houston, Texas –News Direct– Prodigy Press Wire MacroFab, a venture-funded electronics manufacturing platform, has successfully raised $42 million in funding to expand its services in the US and Mexico. The […]
As skilled tradespeople retire, manufacturers are feeling the squeeze between their customers’ reshoring initiatives and the challenge of finding skilled labor to fulfill projects. But a new wave of generative AI that has made headlines across the world could bring relief. Managing skills has always been a challenge for technical manufacturers. When new employees join, […]
Decentralizing lithium refining key to scaling battery manufacturing and recycling. Over the past year, North America has made huge strides in reshoring the lithium supply chain. The Biden Administration is investing $74 million in lithium battery recycling technology on top of the $2.8 billion set aside for domestic battery manufacturing; Canada is making strides in […]
Chairman Todd Hunter’s Texas Jobs & Security Act (CSHB 5) will keep Texas competitive and bolster our state’s economic security by helping to reestablish our global manufacturing dominance, reshore our supply chain, and ensure electric grid reliability. The limited, temporary property tax discounts included in the new economic development program CSHB 5 creates are imperative […]
Listen to the sixth episode of season two here, or visit your favorite podcast platform to subscribe to “Made in the USA.” Catch up on season 1 here. Featured Content Made in the USA – Season 2 Episode 6: Why, and How, Hardinge is Reshoring Machine Tool Production Benchmarking: An Invaluable Business Tool Machining Questions? Ask […]
Reports Navigation The United States and the European Union (EU) are aligned on the security risks of an unstable semiconductor supply chain—and yet they risk fighting over how to repair it. Both Washington and Brussels fear that Chinese chips in Western electronics could be used for surveillance and intelligence gathering. Both have launched expensive public-funded […]
Over the last several years, importing manufactured goods and materials has become costly and unpredictable. Kitchen and design professionals have reported high supply chain backlogs and increasing project costs. As a result, many are reporting project disruptions. While every sector of construction has felt the materials strain, the cabinet industry has been one of the […]
Over the past two years, microchip shortages highlighted America’s reliance on foreign suppliers, and spurred passage of the CHIPS Act, which earmarks tens of billions of dollars as incentives for chipmakers to build new fabrication plants in the US. But remaking well-established manufacturing supply chains — notably in Asia — is a Herculean task, and “companies […]
Business leaders and Gov. Glenn Youngkin reiterated their focus on reshoring health product capabilities Wednesday at the ribbon-cutting for a new Norfolk business. Michael Alkire has a passion to reshore manufacturing, he told the crowd of over 100 at the Princo facility. Alkire is the President and CEO of Premier LLC, and a graduate of […]
