Manufacturing matters in the Midlands . Taken together, across East and West Midlands, over 600,000 people are involved in designing and making products . That’s 24% of all 2.5m manufacturing jobs in the UK and it’s by far the largest cluster of this productive activity in the UK. Thanks to the EEF ‘Love Manufacturing’ campaign […]
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OTTAWA — Like many rural drivers, Len Sabourin has hit a deer. Two, in fact, at one time. He was in his pickup truck on a highway north of Gatineau. “They just shot right out in front of me — I didn’t have time to react,â€� says the recreational vehicle dealer from Monkland, Ont., north […]
Analysts’ ratings reiterations for Monday, December 30th: Amgen (NASDAQ:AMGN) had its neutral rating reissued by analysts at Zacks. They currently have a $121.00 price target on the stock. Zacks’ analyst wrote, “Amgen reported third quarter EPS of $1.93, up 16.3% and 21 cents above the Zacks Consensus […]
It looks like offshoring is making way for… er, onshoring – or that’s according to business secretary Vince Cable, who says small firms are leading the charge to bring manufacturing back home. In a speech at the headquarters of Numatic – it of the cheery ‘Henry’ range of vacuum cleaners – Cable said results of […]
Armstrong World Industries, Inc. (AWI) is currently depressed by two one-time events. The first is the secondary stock offering of shares owned by asbestos-claims beneficiaries. The second is the retirement of the CEO and his replacement by the current CFO. The effect of the large sales and price being drawn to $51 per share as […]
NEW YORK, Dec. 9, 2013 — /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue: US Advanced Ceramics Market http://www.reportlinker.com/p0702104/US-Advanced-Ceramics-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Ceramic_Manufacturing US demand to rise 5% annually through 2017 Demand for advanced ceramics in the US is forecast to rise more than five percent annually to $13.5 billion in 2017. […]
The Smart Irrigation Sector’s Technology Leader Brought Manufacturing and Jobs Back to the U.S. to Accelerate Innovation, Improve Quality and Better Serve Customers Novato, CA (PRWEB) December 04, 2013 Novato, CA-based ETwater, the leader in smart irrigation control and water management solutions, today announced its CEO Pat McIntyre and Managing Director Mark Coopersmith will lead […]
The tide of supply-chain services seem to be reversing from offshoring to “reshoring”. For much of the past 10 years, we have seen growth in offshoring as companies – faced with spiralling costs and squeezed margins – decided to start production overseas. This involved placing high-volume work in low-cost countries, with the destinations of choice […]
Further to my last post on China (see Where’s the short-term pain in China?), I am turning to the view that a hard landing is a rising possibility for a number of reasons. First of all, the reforms announced in the wake of the Third Plenum are all right steps in the right direction. Open […]
Well publicized offshore outsourcing challenges, a narrowing labor-cost gap, and political considerations have some aggressively promoting onshoring. But they’re missing the point. Enterprises elect to bring offshore operations onshore or in-house for a number of reasons. While performance certainly can play a role, motivations also include strategic business reasons and a belief that the […]
