Lincoln Electric Holdings, Inc. (NASDAQ: LECO ) Q2 2022 Earnings Conference Call July 28, 2022 10:00 AM ET Company Participants Amanda Butler - VP, IR and Communications Christopher Mapes - Chairman, President and CEO Gabriel Bruno - CFO Steven Hedlund…
Lincoln Electric Holdings (NASDAQ: LECO) Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings, and welcome to the Lincoln Electric 2022 second quarter financial results conference call. [Operator instructions]. It is my pleasure to introduce your host,…
Taiwan Semiconductor Manufacturing is hedging its geographical bets, with large new fabs planned for the U.S. and Japan. Here: a TSMC chip at a 2020 semiconductor conference in China. Taiwan Semiconductor Manufacturing is in a class by itself. But it’s…
As Walmart wraps up its ninth year of what is to be a two-decade-long manufacturing jobs initiative, more manufacturers are showing interest in onshoring some of their overseas production, according to Harry Moser, founder of Reshoring Initiative (RI). Moser estimates…
This week, the Chinese government announced its fierce opposition to Speaker of the House Nancy Pelosi, D-Calif., visiting Taiwan. Chinese Foreign Ministry spokesperson Zhao Lijian said that China was “fully prepared… If the U.S. is bent on going its own…
July 20 (Reuters) - U.S. semiconductor manufacturer SkyWater Technology Inc (SKYT.O) on Wednesday announced plans to invest $1.8 billion for a chip research and production facility in Indiana, in partnership with the state and Purdue University. The announcement comes a…
Photo Credit: IMTS The inaugural IMTS Smarter Sourcing Symposium , presented by IMTS and The Onshoring Project, will be held at IMTS 2022 and will provide guidance, tools, and tactics to create more profitable domestic sourcing using lean and agile…
Recent geopolitical events have kickstarted a shift toward more self-sufficiency. Headlines about the end of globalisation are making the rounds. But is deglobalisation really the answer to current supply chain problems? We don't think so. Trade has adapted to shock…
WASHINGTON— United States Senator Bill Hagerty (R-TN), a member of the Senate Foreign Relations Committee, today joined Cavuto: Coast to Coast on Fox Business to discuss his regulatory relief permitting legislation that would untangle bureaucratic red tape for key national-security…
Reshoring was a big topic among attendees at our annual Smart Manufacturing Summit this Spring in Detroit. And, as we heard from the CEO of Shinola, there’s a lot to like beyond more reliable supply chains for flying the “Made…
Made in USA Reshoring manufacturing has long been a topic for discussion. I began writing about the whole “offshoring” issue more than two decades ago, when U.S.-headquartered companies rushed to manufacture in China and take advantage of the opportunity to…
SkyWater Technology, a U.S. foundry that’s a trusted chip supplier for the Department of Defense (DOD), plans to build a $1.8 billion chip R&D and production facility in the state of Indiana. The fab, which would be located on the…
Given China's strong and highly valued economic relations with a large part of the world, where can the US go to find a big enough group of trusted countries to friend-shore with? Moreover, is it worth risking a multilateral trading…
The Grand Concourse at McCormick Place during the last in-person IMTS in 2018. Photo Credit: IMTS photos provided by AMT - The Association For Manufacturing Technology Having experienced broken supply chains and the scarcity of goods that shocked the United…
Goods need to flow freely to make outsourced manufacturing profitable. This is a truism that has underpinned global electronics since businesses first started shipping out work in the 1950s, and especially since the use of suppliers in the far east…
After 18 months and innumerable permutations, the Chips and Science Act has finally landed with a $280 billion thud on President Joe Biden’s desk. It’s fair to call it a mixed bag. Some aspects of the bill should be uncontroversial.…
The COVID-19 pandemic and other global events have forced companies to assess their fundamental operations. Chief among the considerations of U.S. companies in 2022 is how potentially relocating manufacturing can mitigate the risks of unstable international trade and supply chain…
The company’s investment will advance Li Industries’ lithium battery recycling process. Norwalk, Connecticut-based Xerox Ventures, the corporate venture capital subsidiary of Xerox Holdings Corp., has invested in the $7M Series A financing round of Li Industries, an early stage lithium-ion…
EDITOR'S CHOICE Saying Goodbye to the Dangerous, Alluring Scent of Gasoline "An ad agency asked [Olfiction] to create a scent that would evoke the experience of being in an old gasoline-powered car. The fragrance was intended for 'petrolheads' who would…
Ukraine and Russia have signed a deal for the export of grain during the ongoing conflict. (Photo by Alexey Furman/Getty Images) Ten years ago, it would have been hard to imagine an end to the all-conquering forces of globalisation. Our…