The pandemic continues to drive interesting trends in the manufacturing universe, even as COVID-related restrictions ease and businesses across most industries are beginning to return to some semblance of normal. Earlier this year MD+DI spoke with Tony Uphoff, president and CEO of…
Reshoring Canada is a new non-partisan organization that advocates for Canadian supply chain modernization and resiliency and promotes modern and secure reshoring measures. It was created by a group of former parliamentarians that includes me, a former federal industry minister;…
The administration of President Joe Biden wants the global supply chain of the future to look markedly different. In February, President Biden issued the Executive Order on America’s Supply Chains, initiating a 100-day risk assessment to determine strengths and weaknesses of supply chains…
Kristi Zentner and Heather Marx, attorneys in the Customs, Imports & Trade Remedies Practice Group of Cozen O’Connor, discuss how the recommendations of Biden’s supply chain task force might lead to real progress toward the return of domestic manufacturing of critical…
There was a jump in foreign direct investment (FDI) activity in the second quarter. While COVID-19 restrictions remain a factor, business is picking up at an extraordinary velocity as companies spend the cash they’ve had sitting on the sidelines for…
For industrial investors, there’s gold in the heartland — a “Golden Triangle,” that refers to the region of the country stretching from Illinois to Texas to Georgia and is poised to see some of the best opportunities for industrial in…
It’s too soon to gauge the ultimate result of the Biden administration’s efforts to address long-standing vulnerabilities in the nation’s supply chains. But findings from the comprehensive Executive Order (E.O.) 14017 “America’s Supply Chains” released on June 8th set out…
Globalisation is undergoing a number of profound structural changes that we are only beginning to understand. Global trade has diminished in importance. It was a major driver of global economic growth between the early 1990s and the onset of the…
The last thing consumers needed in 2016 was another kids fashion brand. But former Gymboree CEO Matt McCauley came out of retirement when he saw an opportunity for classic, heirloom clothes that would be passed to the next generation, rather…
Global manufacturing and supply chains were severely disrupted by the COVID-19 global pandemic, forcing companies to adapt and plan for a new business reality. The 2021 State of Manufacturing Report from Fictiv reveals an industry that is quickly rebounding with investments in…
For the third straight month, TMX continues to climb. It’s encouraging data, confirming U.S. manufacturing activity is on the road to recovery. The April 2021 TMX is up 1.24% in tandem with the SPX rising 4.24%. TMX Growth Is Slowing Although TMX…
Of the many things 2020 taught us, one key takeaway was understanding the global supply chain's volatility. In the blink of an eye, offshoring manufacturing halted worldwide, forcing companies to find alternative ways to meet demand and advancing the reshoring…
As manufacturers plot their paths forward, many are paying closer attention to supply chain resiliency and the need for stronger, tech-enabled supply chains that can withstand shocks. The global pandemic upended most of the business world, with a particularly pronounced…
We can learn a lot from history. In the face of a global pandemic that has upended the business world, the measures taken in the short-term will lead to significant shifts that will last for decades. We saw how the…
PTA Plastics has invested more than $2 million in six new injection molding machines—four Wittmann Battenfeld’s and two Engel’s—that it will divide between its facilities in Colorado and Connecticut. In total, the company acquired four machines from Wittmann Battenfeld and two from…
A major shock to supply chain operations, COVID-19 exposed the weaknesses of the current supply chain paradigm and forced firms to consider the challenges of rebuilding their supply chains due to supplier exits. For some industries, the pandemic even forced a major…
What products and components offer the biggest opportunities for reshoring? What advanced manufacturing technology is needed to enable the reshoring? To what degree did the pandemic disrupt supply chains, and how did it affect sourcing? To answer these questions and…
I’ve learned a great deal about the US economy during my time as an intern at the Reshoring Institute. The industry that I’ve learned the most about is manufacturing. In particular, I’ve learned how important women are to the manufacturing…
LOS GATOS, Calif., Oct. 30, 2020 /PRNewswire/ -- Americans say they prefer products that are Made in the USA and they are willing to pay up to 20% more for them. The Reshoring Institute recently surveyed nearly 500 Americans across the country and asked if…
Buying activity from engineers & procurement professionals sourcing on Thomasnet.com has seen strong growth in 2020 for the packaging materials space. At a glance, the following major sourcing KPIs have seen a YoY increase vs. 2019: The number of sourcing sessions for…