Biden Administration Policies Tax incentives. Current tax incentives included in recent industrial policy packages—chief among them the IRA—aim to provide a launchpad for domestic manufacturers. They are meant to spur production of multiple goods necessary to the green transition, including the active materials production stage of the lithium-ion battery supply chain. When it comes to […]
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RPM International Inc. RPM is benefiting from the implementation of MAP 2025 operational improvement initiative, increased infrastructure spending, and acquisitions and divestitures. Recently, RPM reported third-quarter fiscal 2023 (ended Feb 28, 2023) results, wherein its earnings and sales surpassed the Zacks Consensus Estimate by 23.3% and 3.5%, respectively. The growth was backed by the abovementioned […]
Discrete automation with motion systems and complementary forms of warehousing technologies remain core to reshoring and making supply chains more robust in the years since COVID-19. We recently asked several industry experts about trends they’re seeing in this space. Here’s what they had to say. Meet the Experts Brian Burke | Product manager III • […]
For want of a nail, the shoe was lost. An October 2023 Medius survey found that 69 percent of U.S. manufacturers have started to reshore and 93 percent plan to increase their pace of reshoring. To make that happen, we need a much larger and stronger skilled workforce. A skilled workforce is the nail for […]
It’s a great time to be looking at transportation stocks to buy. Thanks to the reshoring boom, multinational companies are looking to relocate much of their supply chains and manufacturing capacity back to the United States and the North American free trade zone. The pandemic, as well as ensuing logistical and supply chain disruptions, have […]
An honest comparison demonstrates that the UK’s new trade deals and reshoring of production can mitigate the economic costs of Brexit When the UK left the EU, it wasn’t just the EU single market and customs union we left, but also all the trade agreements with third countries negotiated by the EU which we had […]
RPM International Inc. RPM shares are trading lower after the company reported third-quarter FY24 results. Sales rose 0.4% Y/Y to $1.523 billion, slightly beating the consensus of $1.518 billion. Adjusted EPS of $0.52 exceeded the consensus of $0.46. The company witnessed positive pricing in all segments, with volume growth being strongest in businesses serving infrastructure, reshoring, and high-performance […]
RPM International Inc. RPM reported third-quarter fiscal 2024 (ended Feb 29, 2024) results, with earnings and sales beating the Zacks Consensus Estimate. Both metrics increased on a year-over-year basis. Shares of RPM lost 2.6% following the earnings release on Apr 4, 2024. Inside the Headlines RPM reported adjusted earnings per share (EPS) of 52 cents. […]
Mexico was ranked 21st in the Kearney Foreign Direct Investment Confidence Index worldwide, which ranks the economies that most attract foreign capital, and thus entered this classification that only includes the top 25 places and from which it was left out in the last five years. The United States remained at the top of this […]
RPM International Inc. RPM is slated to report third-quarter fiscal 2024 results on Apr 4, before the opening bell. In the last reported quarter, the company’s earnings and net sales missed the Zacks Consensus Estimate by 0.8% and 2.1%, respectively. On a year-over-year basis, earnings increased 10.9% on almost flat sales. The company’s earnings topped […]
