BOSTON—After decades of hollowing out, U.S. manufacturing is overtaking competitors and stands to grab up to $115 billion more in export business from rivals by 2020, a new report said Tuesday. By 2015, average manufacturing costs in the five major advanced export economies—Germany, Japan, France, Italy and Britain—will be 8 to 18 percent higher than those in the United States.
MOBILE, AL—A bond issue totaling $260 million has been secured to help fund construction of Airbus’ assembly plant here. The bond will be repaid by lease payments from the A320 final assembly line already under construction.
DETROIT—A nonprofit community organization is launching an online crowd funding campaign to raise $125,000 to preserve parts of Ford Motor Co.’s historic Highland Park complex, where the moving assembly line was invented.
AUBURN HILLS, MI—ABB Robotics and SVIA Industrial Automation have developed a vision-guided robotic machine tending cell for a Texas manufacturer of rock-drilling equipment.
NEW YORK—During July 2013, more than 8,500 jobs were advertised online in the U.S. automotive industry. That’s a four-year high and a 9 percent compared with a year ago.
EVANSVILLE, IN—Systems integrator Evana Automation Specialists recently delivered a compliant-pin assembly system to a Tier 1 automotive manufacturer of vehicle safety products.