Items Tagged with 'reshoring'

The U.S.-Mexico-Canada Agreement, or USMCA, is heading toward its first formal review on July 1. Patrick Lozada, Senior Director of Global Policy at the National Electrical Manufacturers Association, explains how the USMCA supports manufacturing, regional supply chains, standards alignment and long-term investment certainty.

BOSTON — Artificial intelligence, advanced automation and rising tariff pressure are beginning to reshape where automotive and aerospace manufacturers choose to build products, potentially reducing some of the long-standing cost advantages of lower-wage production regions, according to a new report from Boston Consulting Group.

MACON, Ga. — Unified Legacy plans to invest $125 million in a new manufacturing facility in Macon, Ga., expanding domestic production capacity for the aerospace, defense and industrial sectors while creating 500 jobs over the next several years.

Tariffs aren’t impacting every manufacturer the same way. Eddy Azad, founder and CEO of Parsec Automation, explains why some companies gain an advantage while others struggle—and why preparation ultimately determines the outcome.

PERRYSBURG, Ohio—Whirlpool Corp. is expanding its U.S. manufacturing footprint with new investment in Ohio, building on decades of production history and positioning its operations for future growth.

In January, Samsung Electronics forecast a worsening chip shortage this year, thanks to burgeoning demand for AI data centers. The race to build AI infrastructure has prompted chipmakers to divert manufacturing capacity toward high-bandwidth memory for AI servers, squeezing the supply ‍of conventional memory chips.

The survey questioned 1,000 workers in each of five countries: U.S., China, Japan, U.K. and Germany. Across the board, workers are embracing robots.

Tribal knowledge, such as a unique method of soldering a specific component, is often lost when an assembly line is transferred to another location.

I’m no expert in international relations or economics, but it seems to me that if you want to encourage foreign direct investment in the U.S., you might want to play nice with the folks who are writing the checks.

LOUISVILLE, KY—GE Appliances, a Haier company, will invest $490 million at its Appliance Park manufacturing campus here to create an advanced assembly line for clothes washers. The project will bring production of the GE Profile UltraFast combo washer-dryer and the GE and GE Profile UltraFresh front-load washer lineup to Kentucky, creating 800 new, full-time jobs.