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Reposted from Forbes: What would you do if all the manufacturing work lost to low-cost countries came back overnight? Would you approach those returning business relationships the same ways you did before the work was pulled? Would you ramp up technology and personnel to match conditions exactly as they were? And more importantly, would you […]
Reposted from Forbes: An interesting little point made in passing at The Verge is this about Google‘s upcoming Moto X. There’s a rather large difference between “Made in America” and “assembled in America”. And it’s also true that given the difference between those two the least valuable part of the process is the “assembled” part. It […]
HARRISBURG — Republicans and Democrats in the state House often clash over political and legislative issues. But on one important subject — how to promote manufacturing in Pennsylvania — there is cooperation, both politically and geographically. In an effort to boost companies engaged in manufacturing, House Republicans and Democrats […]
Reposted from PhillyBurbs.com By CONGRESSMAN MIKE FITZPATRICKAs our nation’s economy begins to recover, it is imperative that the United States bring manufacturing jobs back to America. This goal has been at the top of my agenda, And so I was pleased to read the series published in the Courier Times and […]
Great news for patriots everywhere – things are finally being made in the USA again! Great! What things? Actually, the same things that have always been made in the USA. Things like Tervis tumblers, Unionwear apparel and Fiestaware. Better yet, a whole new crop of newer businesses are growing […]
Rick Lotuff is a third-generation manufacturer whose first claim to fame was starting the Berkshire Blanket Company in 1993 when he was 21 years old. He has high hopes that his second claim to fame will be reawakening an industry that once thrived in an historic New England town. In September 2012, Lotuff launched American Blanket […]
Reposted from Newsobserver.com WASHINGTON — After surviving years of drought and watching the size of the U.S. cattle herd fall to its lowest level in more than 60 years, Texas cattleman Bob McCan would just as soon steer clear of the U.S. government’s latest meat-labeling rules. For many U.S. consumers, […]
Reposted from The New York Post Cash tolls at the Verrazano Bridge hit a whopping $15 last March. Apparently, that’s not high enough for Chuck Schumer. New York’s senior senator wants the Metropolitan Transportation Authority to use steel made in America rather than China for a bridge-rehab project, even […]
The city of Detroit has faced serious economic challenges in the past decade, with a shrinking population and tax base while trying to maintain essential services. With its bankruptcy filing, the city of Detroit has entered uncharted territory. It’s a dark place that no major U.S. city has ever gone—but that could change.Despite the uncertainties […]
Reposted from Thomas Net – Industry Market Trends Not only are American companies pulling back on their overseas production, but foreign businesses view the United States as an attractive alternative to producing at home. It could be that America is becoming a low-cost manufacturing destination. As the costs of […]
In Savar, Bangladesh, site of April’s factory disaster, untreated factory wastewater is common. | PHOTO CREDIT: Khaled Hasan for The New York Times Reposted from The New York Times SAVAR, Bangladesh — On the worst days, the toxic stench wafting through the Genda Government Primary School is almost suffocating. Teachers struggle […]
Reposted from The Washington Post It’s been one of the most consequential changes to the U.S. labor market over the last several decades: Manufacturing jobs have disappeared as assembly lines have become increasingly automated and as companies find it is cheaper to make their goods overseas. In 2003, nearly 15 million Americans were employed in […]
Leaders from the business, foundation, NGO and government sectors came together in Chicago two weeks ago to find solutions that accelerate the economic recovery in the United States. They came to the Windy City for the third meeting of CGI America, an annual event that tackles a diverse set of topics including […]
Reposted from The Huffington Post As a trained industrial designer, part of my former job was to anticipate consumer needs — sometimes before consumers themselves even knew what they wanted. So in a way, I guess you could say I can see the future. In our near future, I see American-made products that are designed […]
Consumer confidence unexpectedly cooled in July as Americans became less optimistic about the outlook for the economy. The Thomson Reuters/University of Michigan preliminary index of consumer sentiment decreased to 83.9 in July from 84.1 the month prior, today’s report showed. The median forecast in a Bloomberg survey called for a gain to 84.7. The gauge reached an almost […]
West Texas Intermediate crude was little changed as manufacturing in the New York region expanded in July at the fastest pace in five months and U.S. retail sales rose less than projected in June. Prices fluctuated as the Federal Reserve Bank of New York’s general economic index climbed to 9.5, the highest level […]
The sheer amount of jobs that were lost during the Great Recession is nothing short of breathtaking. Nearly 8 million jobs were lost, and the sad reality is that a lot of those may never come back. That sparked a conversation about how to create jobs in one of the most promising growth sectors we […]
An employee assembles a Makerbot Industries LLC 3D Printer at the company’s new factory in the Brooklyn borough of New York. | Photographer: Victor J. Blue/Bloomberg Manufacturing in the New York region expanded in July at the fastest pace in five months as the area’s factory activity stabilized amid a slowdown […]
U.S. manufacturing is on the brink of a renaissance fueled by rising wages in China and increased productivity at home, according to Hal Sirkin, senior partner at The Boston Consulting Group. Boston Consulting is a global management-consulting firm and business adviser. Sirkin, who blogs for Bloomberg Businessweek, was in Louisville to speak […]
Many companies have moved manufacturing jobs back to the U.S. (Shutterstock) Reposted from VOXXI: Is there a reverse in manufacturing trends? Late last year, Apple announced that it was moving part of its manufacturing back to the U.S. Many saw this as a PR stunt by the company, as it had suffered an blow to […]
Reposted from the New Hampshire Business Review Forum focuses the economic, educational need to focus on advanced manufacturing. ‘It takes a partnership approach between state, education and industry to build the workforce and create well-paying jobs,’ says Ross Gittell, chancellor of the Community College System of New Hampshire. If a workforce of highly skilled, […]
Reposted from Crains Cleveland Business Irene Petrick thinks the next wave of manufacturers will come from unexpected sources — namely, from individuals and small businesses taking advantage of advances in technology. Ms. Petrick, a Penn State University professor and managing director of Trendscape Innovation Group, was one of three […]
Reposted from Journal Star – Two Nebraska groups — The Center for Rural Affairs and the Nebraska Farmers Union — are among food safety and farm groups calling on federal regulators to halt the proposed sale of pork giant Smithfield Foods to a Chinese processor — a deal that would represent […]
Reposted from New York Magazine For decades, Walmart has been known in the retail industry for its hard-line negotiating tactics. As the world’s largest retailer, it’s massive enough that it can offer to pay a ridiculously low price, threaten to walk unless its price is met, and watch suppliers trip over […]
Reposted from USA Today – WASHINGTON — Congressional lawmakers grilled the top executive at pork giant Smithfield Foods Wednesday about how the proposed $4.7 billion purchase of the company by China’s largest meat producer might affect the U.S. food supply and agricultural producers. CEO Larry Pope told a packed Senate […]
Manufacturing: The Key to American Innovation Ralph Gomory Reposted from the Huffington Post – Manufacturing was once widely recognized as the outstanding strength of America and the basis of its prosperity, but manufacturing also has a more recent history of being almost a pariah. This newer view equated computer chips with potato […]
The June jobs report shows we lost 6,000 jobs in manufacturing, but added 9,000 in garden supply stores and 19,000 at amusement parks and casinos. Is this the picture of a healthy economic superpower? While corporate media will focus on the big number — we added 195,000 jobs! — figures from the Bureau of Labor Statistics show […]
Fatal fashion. That’s the derogatory new label dangling over the U.S. clothing industry following a deadly fire and a building collapse that killed more than 1,200 garment factory workers in Bangladesh in recent months. The tragedies in November and April ripped open the unseemly side of the global clothing […]
On Friday, we learned that U.S. companies added 195,000 jobs in June, which was much higher than the 165,000 expected by economists. Still, the unemployment rate remains painfully high at 7.6%, even as GDP, corporate profits, and stocks sit near all-time highs. One of the reasons for this is the decline of America’s small businesses, which struggle to compete […]
A Model D piano being made at the Steinway factory in Astoria, Queens. Brian Ross “Made in America” took another major hit very quietly yesterday. An American musical institution, the 160-year-old American piano maker Steinway and Sons, was sold to a private equity firm, Kohlberg & Co. What does a leveraged […]
