Tag Archive for: Economy

Chinese Textile Manufacturers Bring Jobs Back to America
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.
Now at the Keer Group’s cotton mill in South Carolina, which opened in March, Ms. Ni is training…

Ford To Begin Production of Medium-Duty Commercial Trucks
Ford Motor Co. announced, Wednesday, Aug. 12, that Ford F-650/F-750 medium-duty trucks will for the first time roll off the line in the United States, at the company’s Ohio Assembly Plant in Avon Lake.
FORD SECURES 1,000-PLUS U.S. JOBS,…

What’s So Great About Manufacturing?
Democrats and Republicans disagree on a lot, but leaders of both parties are as keen now as they were decades ago to embrace manufacturing jobs.
G.O.P. Presidential candidates, including Jeb Bush and Marco Rubio, have spoken of a “renaissance”…

Pros and Cons of Outsourcing US Manufacturing Jobs
WHY MANUFACTURING SHOULD RETURN TO AMERICA
There has been a staggering loss of manufacturing jobs in the U.S. since the early 2000s, leaving many formerly booming industrial cities as near ghost towns. While many companies try to justify…

Mexico Bound? Ford Moving Two Key Models out of Michigan
Ford said it will move production of the Focus and C-Max small cars from its Michigan Assembly Plant in 2018, with union officials saying they were told the work will leave the U.S..
The company's decision sets a potentially combative tone…

Does Walmart’s Patriotic PR Have Legs?
Walmart made a little bit of news on Tuesday. Right after the world's largest retailer committed to fast-tracking the hiring of more military veterans, it announced plans to source an additional $50 billion worth of American-made goods over…

Manufacturing Plant in Gulfport to Expand and Hire 200 More Workers
Hundreds of jobs are coming to Gulfport as a pharmaceutical company prepares to take production at its Gulfport plant to new heights. New York based Geri-Care Pharmaceuticals is the largest manufacturing plant of liquid antacids in the world.…

Made in USA Sells Again
Last fall, Wal-Mart promised to purchase $250 billion in Made in USA products by 2023, a move it said would create 1 million U.S. jobs over time. Two-thirds of the goods in its domestic stores are already made, sourced, assembled, or grown…

Senate Gives Obama Huge Win On Trade
WASHINGTON -- The Senate on Tuesday handed President Barack Obama the biggest legislative victory of his second term, with a dramatic vote clearing the way for major trade agreements with Pacific Rim nations and the European Union.
The 60-37…

As Currency War Erupts, Investors Buy American
The U.S. economy is facing a predicament the Federal Reserve didn't anticipate — a stronger than expected U.S. dollar. Investors are encouraged to Buy American.
While a strong dollar is great in theory because it reduces the cost of foreign…