Items Tagged with 'manufacturing growth'

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.

TUSCALOOSA, AL — Mercedes-Benz will invest $4 billion in its Tuscaloosa, AL, assembly plant by 2030, reinforcing the facility’s role as a central hub in the company’s global SUV production network.

ATLANTA— Manufacturers are entering 2026 facing a tightening labor market marked by an aging workforce, persistent skills gaps and hundreds of thousands of unfilled jobs.

WASHINGTON— U.S. manufacturing activity grew in January and has returned to expansion for the first time in a year, driven by a sharp rebound in new orders. Factory operators, however, are still navigating higher input costs, labor pressure and supply chain strain.

With the election in the rearview mirror, assemblers are poised to invest in their operations again.

Despite inflation concerns and lingering supply chain issues, manufacturers are investing in their assembly operations.

U.S. manufacturers have faced significant headwinds this year: supply chain problems, a skilled labor shortage, inflation, and the war in Ukraine. And yet despite these issues—or perhaps, because of them—manufacturers continued to invest in people, plants and equipment.

WASHINGTON—The latest Manufacturing ISM Report On Business from the Institute for Supply Management indicates the U.S. manufacturing sector grew slightly in November, while the overall economy expanded for an 18th consecutive month.

In February 2020, U.S. manufacturers employed nearly 12.8 million people. Then came the COVID-19 pandemic. In an instant, the country lost 1 million manufacturing jobs as governments and businesses scrambled to figure out how best to stop the spread of the disease.