The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.
Manufacturing ramped up in May, improving from strong results the month before, the Institute for Supply Management said today.
General Motors dropped a fuel bomb on the auto industry at the end of January. Specifically, it said the fuel of the future for many of its vehicles will be electricity, not gasoline. For an iconic company like GM, that news is beyond big.
Manufacturing cooled slightly in January but remained at overall strong levels, the Institute for Supply Management said today.
Machine tool orders posted strong gains in December on both a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.
Ford Motor Co. said today its fourth-quarter loss widened while adding it plans to increase its investment in electric vehicles.
How we approach apprenticeship in industry needs to be improved.
Google Cloud today announced an expanded relationship with Johnson Controls that will involve the leading building technology and solutions company running SAP’s Enterprise Resource Pning Central Component (ECC) environment on Google Cloud.
The U.S. manufacturing economy continued to cruise in June but was held back by a lack of labor availability, the Institute for Supply Management said today.
Why don’t more manufacturers in the United States use smart manufacturing technologies like AI and machine learning to reduce waste, achieve predictive maintenance and enhance their automation systems? Five CESMII roundtable panelists share their insights.
