The Gigafactory Industry A gigafactory refers to factories producing electric batteries at huge scale, primarily for use in electric vehicles, but also for a range of other renewable energy storage applications. Tesla coined the phrase. We came across a great site, cicenergigune.com, that … Read more
This week we are sharing an image, a quite impressive image. The global economic output for 2022 is expecting to surpass the $100 trillion mark for the first time, according to the International Monetary Fund (IMF). That’s $100,000,000,000,000! According to the latest projections, … Read more
The trend towards electric vehicles continues to gain traction. By all accounts, we expect to see phenomenal growth in this sector over the next decade. The following is part of a report by the research firm Gartner, Inc., that predicts some of the … Read more
A huge milestone in manufacturing jobs was hit last month. This should be good news for workers and consumers, as more goods are made in the United States, hopefully easing some supply chain woes. Time will tell… Manufacturing Achieves Pre-Pandemic Employment Levels After … Read more
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