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WASHINGTON (AFP) – Shuanghui International won the largest ever Chinese takeover of a US company Tuesday when shareholders of pork giant Smithfield Foods approved its $7.1 billion offer. The deal locks in for Shuanghui and the giant Chinese market a strong supply from the world’s largest pig raiser and pork processor.
WASHINGTON — The gap in employment rates between America’s highest- and lowest-income families has stretched to its widest levels since officials began tracking the data a decade ago, according to an analysis of government data conducted for The Associated Press. Rates of unemployment for the lowest-income families – those […]
The future is bright for manufacturing and there is no shortage of opportunity for innovation and growth right here in the United States. To do that sustainably, however, we must confront an issue that many businesses are now facing — the Skills Gap. Despite high unemployment, businesses are struggling […]
Cheaper labor may bring about more jobs, but workers have less spending power. FORTUNE — There’s been some good news lately about U.S. manufacturing — that sector of American industry once considered vital to the growth of the nation’s middle class. It’s well known manufacturing has been declining for […]
Alliance for American Manufacturing to join Governor’s office to address issuesNEW YORK, Sept. 24, 2013 /PRNewswire-USNewswire/ — Top leaders of the United Steelworkers (USW) confirmed being joined by the Alliance for American Manufacturing (AAM) and steel bridge fabricators in a meeting this past week led by the New York governor’s office, plus public authority transportation officials to consider ways […]
Magnus von Buddenbrock and Stefanie Giesselbach arrived in Chicago in 2006 full of hope. He was 30, she was 28, and they had both won their first overseas assignments at ALW Food Group, a family-owned food-trading company based in Hamburg. Von Buddenbrock had joined ALW—the initials stand for its […]
The Made in America revival is gaining momentum with a majority of manufacturing executives now ready to consider pulling some production back from China. A new survey published Tuesday showed a big jump in recent months in the number of companies considering “re-shoring” production from China, once favored for its low costs. Boston Consulting Group […]
Cotton being spun at a Parkdale Mills facility in Hillsville, Virginia. | Poh Si Teng/The New York Times GAFFNEY, S.C. — The old textile mills here are mostly gone now. Gaffney Manufacturing, National Textiles, Cherokee — clangorous, dusty, productive engines of the Carolinas fabric trade — fell one by one to the forces of globalization. […]
My high-school history teacher used to tell stories about how his family would seek only to purchase goods that were made in his community or country. One time he described how hard it was to purchase clothing made in America at similar prices to clothes stitched offshore. I could only imagine the hours his family […]
“Made in the U.S.A.” goes on new Woven Traditions pottery. | Photo Credit: LONGABERGER CO. New York supplier planning to close, forcing company to look overseas Reposted from The Dispatch: Longaberger Co. is making alternative plans to obtain pottery after word came this week that the U.S. supplier it […]
Now patriotic Americans looking to support the “Buy American” movement can shop a wide variety of products made in the USA from NoCargo, a new ecommerce business with the goal of supporting the American economy. New York, NY, September 12, 2013 — Buying products made in the USA is becoming more and more popular as Americans […]
Workers assemble Motorola smartphones at the Flextronics plant in Fort Worth, Tex., Sept. 10, 2013. The factory is a high-profile endorsement for ‘onshore’ manufacturing in the U.S. | Photo Credit: MIKE STONE/REUTERS Made in the U.S.A. is making a comeback, as American workers find themselves busy making products that people all […]
To celebrate New York Fashion Week as well as new eco-chic clothing, the Plastics Make it Possible initiative sponsors a vending machine that dispenses recycled plastic T-shirts. Looking to be both fashion-conscious and eco-conscious? Plastics Make it Possible® is helping New Yorkers explore this cool new trend. And you can participate, too!For three days during New York Fashion Week, […]
Posted on 10 September 2013 by Sara Haimowitz.Reposted from Coalition for a Prosperous America: COSTELLO: I want to talk about the unemployment rate in America.ABBOTT: Good Subject. Terrible Times. It’s 9%.COSTELLO: That many people are out of work?ABBOTT: No, that’s 16%.COSTELLO: You just said 9%.ABBOTT: 9% Unemployed.COSTELLO: Right 9% out of work.ABBOTT: No, that’s 16%.COSTELLO: […]
President Obama spent his time at the G-20 conference in St. Petersburg trying to drum up support for an attack on Syria. As part of that effort he met with Japanese Prime Minister Shinzo Abe. Here’s the report from Kyodo news service: Japan and the United States agreed in a summit Thursday to […]
The following script is from “March of the Machines” which aired on Jan. 13, 2013, and was rebroadcast on Sept. 8, 2013. Steve Kroft is the correspondent. Harry Radliffe and Maria Gavrilovic, producers. One of the hallmarks of the 21st century is that we are all having more and more interactions with machines and fewer […]
An employee creates a welding bead on the inside seem of a Pioneer coal stove at the Leisure Line Stove Co. facility in Berwick, Pennsylvania. | Photographer: Ty Wright/Bloomberg Manufacturing is poised to make a bigger contribution to the U.S. expansion after a factory barometer unexpectedly climbed in August to the highest level in more […]
An April Gallup poll suggests Millennials don’t value the “Made in America” movement as much as some might hope. Out of 1,000 people, 45% claim to put special effort into buying American-made products versus 55% who do not. The results, discussed at length in WWD, indicate a large age gap between those who care the most […]
Zaichun Ye, right, a consultant at Verité in China, seeing if a worker is wearing chain mail gloves at a textile factory in Yuhang in Zhejiang province. | Photo Credit: Jonathan Browning for The New York Times Inspectors came and went from a Walmart-certified factory in Guangdong Province in China, approving its production of more […]
You needn’t be a fan of Bruce Springsteen’s “Born in the USA” or a fashionista familiar with QVC designer Susan Graver, who proudly touts her U.S.-manufactured designs, to appreciate that being “Made in America” is making a comeback. Reposted from The Washington Post: Let us celebrate that this Labor Day 2013 is trending toward its […]
Mike Rowe Encourages Students To Learn A Trade I spent a few hours Wednesday night listening to Mike Rowe from Discovery Channels‘Dirty Jobs’ talk about how profoundly disconnected Americans are about jobs, skills and work. We met him at SkillsUSA Annual Championships happening now in Kansas City. Reposted from The Huffington Post: Rowe traveled the world for the past […]
Good news: Americans are making things again, from cars to watches to socks. What’s behind the manufacturing upswing—and what it means for American labor.
The Federal Reserve’s easy-money policies have boosted U.S. manufacturers, but a more robust rebound in that sector requires less fiscal and regulatory restraint from Washington, a top Fed official said Thursday. Reposted from CNBC: Dallas Fed President Richard Fisher has long complained that U.S. politicians have undermined the economic recovery, […]
As U.S. production costs drop, export manufacturing has become the unsung hero of the economic recovery, a new study shows. | ROBYN BECK / AFP – Getty Images Americans may be fond of lamenting the decline of the country’s economic clout and the flood of “Made in China” goods, but they […]
Last week, Walmart expanded on the $50 billion Buy American pledge it made last January with a full-fledged Made-in-America summit.
A national manufacturing strategy would help U.S. industries stay on the cutting-edge of emerging technologies, enhance overall knowledge generation and thereby prevent economy-wide erosion of innovation capacity even if some market share is lost to overseas competitors. A robust traded sector economy is essential to U.S. global competitiveness, and […]
Wal-Mart U.S. president and CEO Bill Simon addresses participants at the Wal-Mart U.S. Manufacturing Summit in Orlando, Fla., last Thursday. (Phelan M. Ebenhack/Associated Press) A verbal commitment by Wal-Mart CEO Bill Simon to buy an additional $50 billion US in U.S.-made products over the next 10 years has met with skepticism. […]
An American factory worker in a scene from “American Made Movie.” | Photo Credit: Variance Films Technology, global competitiveness and outsourcing put manufacturing on life support in America, but after touring small towns and cities across the country and talking to business leaders who still manufacture their products domestically, we are […]
Factory workers put the finishing touches on motorcycles on the line at a Harley-Davidson assembly facility in York, Pa., where union work rules were simplified. After more than a decade of losing ground to China and other export powerhouses, U.S. manufacturers are finally showing signs of regaining their competitive edge. Reposted from The Wall Street […]
CINCINNATI–(BUSINESS WIRE)–The Procter & Gamble Company (P&G) has voluntarily recalled specific lots of dry pet food because they have the potential to be contaminated with Salmonella. These lots were distributed in the United States and represent roughly one-tenth of one percent (0.1%) of annual production. No Salmonella-related illnesses have been reported […]
