SEDGEFIELD, UK — Filtronic, a designer and manufacturer of antennas, filters and millimeter wave products recently announced that it has invested $1.3 million in new equipment for its manufacturing facility here.
In September, Toyota announced that it will invest $391 million in its truck assembly plant in San Antonio. Hyundai announced that it is investing nearly $300 million in its factory in Montgomery, AL. Brake manufacturer Bendix Spicer began construction on a $65 million expansion of its assembly plant Bowling Green, KY. And, automotive supplier Hirotec Group said it will invest $48 million to build a new assembly plant in Fayetteville, TN.
The past year brought blockbuster headlines for U.S. manufacturing. Taiwanese electronics giant Foxconn unveiled plans to build a $10 billion assembly plant in Wisconsin that would make liquid-crystal display panels and employ as many as 13,000 people.
WASHINGTON—U.S. factory production rebounded in June by the most in four months as the industry regained its footing after a fire-related disruption at an auto parts supplier, Federal Reserve data showed Tuesday.
Increasing demand for smart devices and embedded intelligence is driving manufacturers in a variety of industries to invest in new production tools and technologies. Additive manufacturing, advanced sensors, augmented reality, cloud-based computing, collaborative robots and digital twins are just a few of the many trends transforming factory floors today.
U.S. manufacturing continued to roll in 2017. Want proof? Look no further than Toyota Motor Corp. In September, the world’s largest automaker announced that it will invest $374 million at five U.S. factories.
The era of digital manufacturing, Industry 4.0 and smart factories is here. It promises to improve productivity, drive operating efficiencies and transform the way many types of products are mass-produced. Benefits include optimized efficiency and reduced assembly line errors.
TEMPE, AZ—U.S. manufacturing and services executives expect to see increased revenue, hiring and capital spending in 2017, reflecting confidence in the economy, according to a survey released May 22 by the Institute for Supply Management.