Tag Archive: Industry Week

According to the Industry Week U.S. 500, Manufacturing is STRONG!

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According to the Industry Week U.S. 500 (America’s largest manufacturers), manufacturing is STRONG!  In fact, the author uses the words VERY STRONG – most likely the largest opportunity for manufacturing since the end of World War II.   Now that is saying something…. The economy is strong and is supplemented by a tax overhaul that supports manufacturers combined with a deregulation focus.  The key is to leverage the opportunity. Even though there are lots of worries about trade wars and skill shortages, thus far, manufacturing continues to outperform.  Get ready for agile and speedy manufacturers with high tech tools to outpace…
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The Highest # of Factory Jobs Since 2008!

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According to Industry Week, we have the highest number of factory jobs since 2008!  We have reached over 12.6 million people employed by the sector. This is all the more impressive when we consider the significant rate of automation and deployment of technological advances occurring the last several years. In the era of the customer, executives are locating manufacturing in close proximity to their customers. Since customers expect rapid deliveries and high levels of customization, it is making more and more sense to locate manufacturing in Southern California and especially the Inland Empire with lower costs, extra space and access…
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Manufacturing is HOT

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In the last week, not only have there been several articles about the positive strides manufacturing is making but it also has come up in several presentations we have attended such as the Inland Empire Economic Forecast. Here is a compilation of just a few of the HOT topics and trends.
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Tariff News & Impacts….Whirlpool Adds People; LG Raises Prices

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Tariff News & Impacts….Whirlpool Adds People; LG Raises Price| President Trump just announced that the U.S. would impose a tariff up to 50% on large residential washing machines.  Almost immediately, the news started to emerge. According to an Industry Week article, Whirlpool plans to add around 200 jobs in their Ohio facility and announced plans to increase investment.
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Global Manufacturers Struggle to Keep Up with Demand – Are You?

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Factories across the globe are showing signs of strain in keeping up with demand. Are you prepared to meet your demand – and your competitors?
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Manufacturing is at a Peak!

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Manufacturing is at an all time peak, and shows no signs of slowing down.
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Is Apple Moving Design In-House?

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According to a recent article Apple is considering designing chips in house, which will be a dramatic change.
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Robots & Demographics

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According to Industry Week and Moody’s Investor Service, there could be a significant upside to robots with the near-term demographic time bomb in Japan and Germany. Certainly, work will need to continue to get done; however, as more and more workers retire, that could become a challenge. Thus, robots might have another advantage in addition to automation – as the percentage of workers over 65 is expected to soar in both Japan and Germany, robots might substitute for labor. Also, both countries are early robot adopters. Time is ripe for robots. What Should We Consider and/or What Impacts Could Arise?…
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Reshoring Gains

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According to Industry Week and the Reshoring Initiative, after two decades of job losses, we have turned the corner. In 2014, we had a net gain of 10,000 reshored jobs. And, clearly, this is picking up steam especially as we are in the thick of 2017. According to the article, South Carolina is the top winner thus far, followed by Michigan and California (surprising; however, since Boeing is the 3rd largest reshoring company, it makes sense), Kentucky and Texas. Walmart and Ford were the top two reshoring companies. There is certainly a buzz with reshoring and near-sourcing. We’ve received calls from several potential…
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