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. American manufacturing is on the cutting edge of technology, leading the United States into a […]
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Year-to-date, market indices have rallied significantly, led by the magnificent seven. As of this writing, the Nasdaq 100 is up 36%, whereas the S&P 500 is up 13%. Despite the rally in the indices, not all stocks have participated. 2022’s winning sectors have been laggards and are reasonable hunting grounds for bargain stocks for 2023. In the first half, market […]
President Obama tried to revitalize American manufacturing, with little to show for it. President Trump tried too, with similarly unimpressive results. Under President Biden, however, a manufacturing boom finally seems to be getting started. Since the beginning of 2022, construction spending on new factories has more than doubled, from an annualized rate of $91 billion […]
Workers assemble cars at Ford’s assembly plant in Chicago.Jim Young/AFP via Getty Images The survey of top executives by Forbes, Xometry and Zogby also shows a preference for Biden’s manufacturing policies among 2024 presidential candidates. Nine out of 10 manufacturers intend to hike prices in the second half of this year, according to a new […]
In delivering its results for the first quarter, Genuine Parts Company (GPC) – the giant auto parts distributor – and its industrial segment, Motion, delivered strong sales and indicated it expects total sales growth of 4% to 6% this year. These types of numbers indicate a good year not only for GPC and Motion, but […]
Google Maps A Hawthorn Suites By Wyndham at 910 South Boulder Highway, Henderson, Nevada. Choice Hotels International is reportedly looking to buy Wyndham Hotels & Resorts, The Wall Street Journal reported, citing anonymous sources. The hotel franchise giants are in the early stages of talks and it isn’t clear that Wyndham would be on board, Reuters reported, also citing […]
Manufacturing has historically created an outsize impact on the U.S. Fast forward to today, this sector is presenting itself as a modern-day “gold rush” opportunity for many companies, driven by ambitious incentives from the current administration in recent legislation to produce key assets. From electric vehicle (EV) batteries to solar panels and semiconductors, companies are […]
Martin Kaspar Given the difficulties in measuring the extent and value of reshoring, much of the debate about this topic is conducted on the basis of anecdotal evidence. Swiss-based medtech company Ypsomed decided to reshore its insulin pen production in 2018 after more than 30 years in Mexico, in what is a classical example of […]
Miller’s Dry Cleaning, a small business located in North Carolina, closed last summer after 107 years in business. On August 16, in the local newspaper, The Hendersonville Lightning, Jeff Miller, the owner of Miller’s and grandson of the founder, reflected, “It was a tough decision to make after serving Hendersonville and neighboring communities for so […]
A supply-chain rethink is driving private-capital firms and their portfolio companies to set up manufacturing operations in the U.S.’s southern neighbor, which offers skilled workers and free trade WALL STREET JOURNAL: As more businesses look to diversify their supply chains and bring more of their production closer to the U.S., private-capital firms and the companies […]
