Source: New Balance Skowhegan Factory Expansion Groundbreaking Celebrates Company’s Commitment to U.S. Manufacturing and Maine Reshoring is an extremely important aspect of reducing the carbon footprint of sneaker brands. It’s also one of the most overlooked and under-discussed aspects. This…
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.…
It’s no secret that global manufacturers are facing multiple challenges when it comes to their supply chains. With pricing constantly changing, lead times being unpredictable or unacceptable, and geopolitical issues to contend with, it's no wonder that companies are continually…
New data from the Census Bureau reveals construction spending by US manufacturers more than doubled from last year. The US government has offered billions of dollars in subsidies in the electric vehicles, semiconductor, and solar panels industries. The US added…
The S&P 500 has climbed slightly more than 11% this year through Wednesday. Major U.S. stock indexes have rallied this year but the bear market isn’t over and “it’s too soon to price in a recovery,” according to a midyear…
Source: New Balance Skowhegan Factory Expansion Groundbreaking Celebrates Company’s Commitment to U.S. Manufacturing and Maine Reshoring is an extremely important aspect of reducing the carbon footprint of sneaker brands. It’s also one of the most overlooked and under-discussed aspects. This…
A lot of U.S.-based manufacturers are bringing production operations back home after offshoring them in the 1990s and 2000s to save cash. After years of looking to low-cost destinations like China, many firms are finding the cost benefits of offshoring…
Summary Mechatronic Learning Systems from Festo Didactic Shine for the First Time at Automate 2023 Highlighting the importance of workforce development as North American reshoring accelerates, exhibits from Festo Didactic, the learning arm of automation supplier Festo, were within the…
How does the private sector perceive Latin America and the Caribbean (LAC)? What opportunities do firms find most exciting? And what precisely can companies do to seize on these opportunities and support the region’s journey toward recovery and sustainable development?…
The West Valley has more than 25 million square feet of industrial space currently under construction, including several one million-plus square foot standalone buildings. Credit: Surprise, Arizona. As the worst of the Covid-19 pandemic begins to subside, many industries are…
With about 90% of cargoes brought to Western Europe coming from the Far East (Asia), the need to reassure clients and end-users becomes ever more pressing as we navigate through a new era where global supply chains are challenged by…
Image: (L-R) Matthew Gerlach and Tom Miedema, investment managers at Walter Scott & Partners The semiconductor chip sits at the centre of a technology war being waged between the US and China. Growing tensions between the two superpowers continue to…
Electronics Semiconductors Supply Chain Keynote at Vancouver Eptech show covers burning question Technology has been identified as a global and national strategic importance – seemingly at the heart of any modern digital economy. Therefore, re-shoring semiconductor manufacturing in Canada should…
Check Call the Show. News and Analysis for 3PLs and Freight Brokers. Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30…
The Biden administration has been uncommonly vigorous in shaping American policy to maintain American hegemony or Globalisation 2.0 American Policy AUKUS Geopolitics Global Supply Chains Globalization 2.0 National Security Quad National security seems to have become the motif of Globalisation…
Former pharma risk manager and current P.E. integrated risk leader at Sigma7, Andrew Tait, looks at how reshoring changes the exposures faced by manufacturing companies in the US, and what global lessons can be learnt The pandemic was a supply…
Key Takeaways China’s dominance in critical minerals poses risks to the West’s manufacturing base and national security, highlighting the need for onshoring and friend-shoring energy transition supply chains. Western countries are forming strategic industrial policies to increase domestic sourcing and…
Summary Ryerson Holding Corporation has outperformed the market over the past five years due to profitable growth, dividend issuance, re-shoring, and inflation. RYI's free cash flow generation supports its dividend policy, and it is well-positioned to benefit from the ongoing…
GRAND RAPIDS, Mich. (WOOD) — An economist with Grand Valley State University’s Seidman College of Business says May showed good economic markers compared to April. The economy in West Michigan has been in a month-to-month yo-yo pattern of uncertainty but…
Chip Bergh PATRICK T. FALLON/AFP via Getty Images With recent supply chain disruptions exposing the weaknesses of far-away sourcing bases, politicians and interest groups have seized on the opportunity to promote the return of American manufacturing. Like many others at…