WASHINGTON—Trade pressure and faltering U.S. competitiveness, not automation, were the main reasons the U.S. lost 5.7 million manufacturing jobs between 2000 and 2010, according to a new report from the Information Technology and Innovation Foundation.
WENTZVILLE, MO—A woman suspected in the stabbing of a worker at GM’s assembly plant here has turned herself in to police Thursday. A female employee at the plant was hospitalized Wednesday night was stabbed five times. The attacker was not employed at the factory.
DONGGUAN, CHINA—The Changying Precision Technology Co., which focuses on producing mobile phones and automated production lines, used to employ around 650 employees. Today, it has about 60 employees as a result of replacing nearly 90 percent of its human workforce with machines.
DETROIT——Ford Motor Co. last month announced that it was canceling plans to build a $1.6-billion small-car assembly plant in San Luis Potosi, Mexico. But, the automaker is still going ahead with plans to open two other new plants in the country: a $1.1-billion engine plant in Chihuahua, and a $1.2-billion transmission facility in Guanajuato. Both are planned to become operational later this year, supplying engines and transmissions for the US, South America, Europe and Asia.
WASHINGTON, DC——A Border Adjustment Tax sounds innocuous, but executives of major retailers warn that a 20 percent import tax would punish American consumers by raising the prices of electronics and other goods manufactured abroad.
DURHAM, NC—Manufacturing jobs at automotive suppliers have risen nearly 19 percent in the United States since 2012, according to a study released today by the Motor & Equipment Manufacturers Association (MEMA). More than 871,000 Americans are directly employed by the automotive parts manufacturing industry. This number, which is up from 734,000 in 2012, represents 2.9 percent of total U.S. jobs and 2.4 percent of U.S. gross domestic product.