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Let’s put America back to work
Good news for U.S. manufacturers: stateside production and employment opportunities are on the rise.
What do economic growth, global competitive advantage, technological innovation, and high quality of life have in common? None of these would be possible without the manufacturing sector. As much as we like to say manufacturing is on the wane in the developed world, with the Internet of Things (IoT), there’s actually been a resurgence in this sector, albeit perhaps on a smaller scale. Manufacturing is the driving force behind the steady economic growth, competitive advantage, innovation and high quality of life present in the United States. It has played a key role in shaping and developing the U.S. economy throughout the history of the nation, especially after the start of the Industrial Revolution in the late 1700’s. Simply defined, manufacturing...
HIGHER EDUCATION The importance of manufacturing to our economic well-being is not a mystery to the manufacturing industry. But how can we get today’s youth to see the value of a manufacturing career?
By closing loopholes in the Buy American Act, the 21st Century Buy American Act will increase demand for U.S. manufactured goods and create at least 60,000 to 100,000 U.S. jobs.
The Sofidel Group, a major paper manufacturer for sanitary and household use, announced on Nov. 5. 5 that it has made three investments across the U.S.
As companies “tiptoe” back to the United States from overseas, the “Made in USA” label should grow more common. However, ambiguous rules are costing some manufacturers hundreds of thousands of dollars in penalties and legal fees. So what’s the problem? The coveted “Made in USA” does not always mean the same thing to companies as to the Federal Trade Commission.
“American manufacturing is back!” breathlessly exclaim the ebullient cheerleaders in locales such as Forbes and the Boston Consulting Group. But while U.S. manufacturing may have bounced back slightly from Great Recession-lows, the reality is that America’s manufacturing recovery remains tenuous. On this National Manufacturing Day, policymakers can and should be doing much more to stimulate the growth and competitiveness of America’s manufacturing economy.
Molly Goodall’s store on Etsy, the online crafts marketplace, started as a creative solution to a parenting problem.
Twenty-five years ago, Ni Meijuan earned $19 a month working the spinning machines at a vast textile factory in the Chinese city of Hangzhou.
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