Cars selling above sticker price, bidding wars on houses, and restaurants offering 401(k)s to waitstaff—these are just a few of the surprises of 2021. The U.S. economy has rebounded from the devastation of 2020 faster than anyone expected. While other developed…
PRAIRIE GROVE — One industry in Prairie Grove has tripled its business in the past eight years and plans to build a 40,000-square-foot expansion to meet its capacity needs and prepare for the future. PolyTech Plastic Molding & Extrusion owner…
Canada again beats Mexico, remains top US trade partner Canada was the top trading partner of the United States in June, followed by Mexico and China, according to data released Thursday from the U.S. Census Bureau. It was the second-consecutive month…
Washington (AP) — Game maker Eric Poses made a worst-case card game last year, bitterly mentioning how the coronavirus overturned normal life. He didn’t know. With an unpredictable twist on the pose, his game itself will be caught up in…
MUNICH – Automobile and electronics manufacturers worldwide have recently had to reduce output because a severe drought in Taiwan has hit the island’s production of semiconductors. This and other global supply-chain disruptions – many of them caused by the COVID-19…
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…