Many of us have very mixed feelings when it comes to electric vehicles, from range anxiety to sheer cost of the vehicles. But we can probably all agree that electric vehicles are here to stay. The following report from electrek.co outlines how manufacturing … Read more
We look forward to the NAM Outlook Survey, as it conveys what those directly involved in manufacturing are feeling about their company’s outlook. The most recent survey reported a positive, albeit cautious, outlook. NAM Outlook Survey: Manufacturers Stay Positive Despite Recession Concerns June … Read more
The last two weeks we have shared information about the rise in reshoring and the hurdles to moving production closer to home. We have discussed nearshoring as well. In the past, Mexico has been a valued trade partner to the U.S. What does … Read more
Last week we shared information on reshoring and FDI job announcements for the year hitting a record high (Issue 102). This week, the topic is near-shoring, or moving production closer to the end user. While it sounds like a good option, the pitfalls … Read more
Reshoring continues to gain ground in the U.S., with the South and Southeast leading the way in terms of jobs, according to the Reshoring Initiative’s latest report. The Robust Rise of Reshoring June 3, 2022, Anna Smith, IndustryWeek.com The total number of reshoring … Read more
Freight rail service continues to be in high demand as distribution from U.S. ports is at record levels. And rail’s energy efficiency may surprise many. AreaDevelopment.com posted a report from Rich Thompson, who leads the global Supply Chain and Logistics Solutions team for … Read more
Last week’s manufacturing news was centered on U.S. factory production continuing to rise. Also, factory capacity utilization is reported at a 15-year high. Following are excerpts from Bloomberg.com’s report. US Factory Production Advances at Solid Pace for a Third Month Reade Pickert | … Read more
Since the beginning of the pandemic, much has been written about the congestion at U.S. ports. The west coast ports may be giving way to the east coast ports in terms of volume, as reported by FreightWaves.com. South Carolina Ports posts record cargo … Read more
2022 Manufacturing Perception Study The recently released 2022 Manufacturing Perception Study by Deloitte and The Manufacturing Institute produced some very positive news for manufacturers. The Study finds that “manufacturers continue to bridge the perception gap and enhance the workforce experience. Following are excerpts … Read more
2022 Economic Development Week- May 9-13 Agracel has a deep appreciation for Economic Developers! Over the past 30+ years, economic developers have played a vital role in many of our industrial projects throughout the Midwest, South, and Southeast United States. The International Economic … Read more