January 23, 2017 Leave a comment
January 23, 2017 Leave a comment
November 18, 2016 Leave a comment
On Thursday, Trump posted on Twitter: “I worked hard with Bill Ford to keep the Lincoln plant in Kentucky. I owed it to the great State of Kentucky for their confidence in me!”
“He will be keeping the Lincoln plant in Kentucky – no Mexico,” the President-elect tweeted.
But Ford has repeatedly said it has no plans to close any U.S. plants and likely could not do so under the terms of the current United Auto Workers contract that expires in 2019.
This is not the first time Trump’s comments about Ford production have been called into question. Last year, he took credit for Ford moving work from Mexico to Ohio, while the automaker had already made the decision in 2011 – long before Trump announced a run for president.
Spokeswoman Christin Baker said Ford “confirmed with the President-elect that our small Lincoln utility vehicle made at the Louisville Assembly plant will stay in Kentucky”.
“We are encouraged that President-elect Trump and the new Congress will pursue policies that will improve U.S. competitiveness and make it possible to keep production of this vehicle here in the United States,” she added, in a statement.
November 18, 2016 Leave a comment
Apple has reportedly asked key iPhone manufacturer,partners, namely Foxconn and Pegatron, to investigate ways to bring the iPhone assembly supply chain into the United States. Today, all iPhones (and almost all Apple products) are manufactured and assembled in China.
Is Apple looking into manufacturing the iPhone in the US?
On Thursday, the Japan-based business publication cited an anonymous source in reporting that Apple had asked the two Asia-based firms that assemble the device to examine the possibility of moving production to the States.
That request, to Foxconn Technology Group and Pegatron, came in June, the news outlet said.
Apple didn’t immediately reply to a request for comment on the report.
In a memo to employees last week, Apple CEO Tim Cook addressed strong reactions to Trump’s win and said, “We only do great work and improve the world by moving forward.”
November 16, 2016 Leave a comment
Amazon.com (AMZN) is finally taking counterfeiters to court.
The e-commerce giant for the first time has filed lawsuits against counterfeit sellers, after a number of businesses on Amazon voiced concern that knockoffs were killing their sales and endangering consumers.
On Monday, Amazon filed suit against a group of sellers for infringing on athletic training equipment developed by TRX. In a second case, Amazon sued sellers who are offering fake versions of a patented moving product called Forearm Forklift.
Last month, CNBC.com featured Forearm Forklift , a Southern California company that has been crushed in recent years from counterfeiting on Amazon. Mark Lopreiato, the founder of the company, which makes straps for lifting and moving heavy equipment, said he submitted more than 100 cease-and-desist letters to sellers and takedown notices to Amazon, yet fakes have continued to proliferate. Read more of this post
April 4, 2016 Leave a comment
The Reshoring Initiative, a not-for-profit organization that helps manufacturers recognize the profit potential for adopting local sourcing and production, issued its 2015 Reshoring Report, documenting progress that the U.S. manufacturing sector has made over the past decade in offsetting the job losses and capital investment, and recognized that “rapid job loss” has been curtailed, while conceding that “huge challenges to bringing back the 3-4 million manufacturing jobs previously lost to offshore.”
The report includes data on reshoring of formerly offshore jobs and foreign direct investment (FDI) by companies establishing new domestic manufacturing for 2007-2015. Both factors are keyed to manufacturers’ determination to produce goods in the market where they are intended to be distributed, known as ‘localization.’
The complete— Reshoring Initiative Data Report: Reshoring and FDI Continue Strong in 2015 — is available online.
For 2015, the combination of reshoring and FDI continued to be strong, adding 67,000 domestic manufacturing jobs. Since February 2010 (a low point for U.S. manufacturing employment), more than 249,000 manufacturing since the manufacturing employment low of February 2010, the group indicated.
However, the overall trend fell 6% from 2014 due to a strong U.S. dollar; low oil prices and shipping rates; and weaker economies in competitor manufacturing countries.
Among the reasons for reshoring and FDI documented for 2015 are government incentives, ecosystems/localization, proximity to customers, and a skilled workforce. Offshore problems that companies cited included lower quality, supply interruption, high freight costs, and delivery.
Regionally, the reshoring trend remained strongest in the Southeast and Texas, though in 2015 the West overtook the Midwest for second place among regions gaining the most jobs from offshore.
Despite the downturn, 2015 was the second consecutive year that manufacturing jobs returning to the U.S. remains equal to or slightly higher than the number of jobs leaving. By comparison, for 2000-2007, the U.S. market lost about 220,000 manufacturing jobs annually due to offshoring.
“We publish this data annually to show companies that sourcing domestically is an increasing trend in the United States,” stated Reshoring Initiative founder and president Harry Moser. “With 3 to 4 million manufacturing jobs still offshore, as measured by our $500 billion/year trade deficit, we see potential for even more growth, and we hope this data will motivate more companies to reevaluate their sourcing and siting decisions.”
Moser, the former president of machine tool builder GF AgieCharmilles, established the Reshoring Initiative to help manufacturers recognize the profit potential of embracing local sourcing and production. Among the resources it offers companies to make supply chain sourcing decisions is its Total Cost of Ownership Estimator®, a calculating tool to help account for and understand relevant offshoring costs (e.g., inventory carrying costs, shipping expenses, intellectual property risks, etc.)
SOURCE: American Machinist
October 23, 2015 Leave a comment
Because manufacturers (and others) don’t always do what they say, surveys of their intentions on hiring and investment and the like should always be taken with a big boulder of salt – the more so since the questions are often asked and the answers given in a political and policy context.
October 1, 2015 Leave a comment
Good news for U.S. manufacturers: stateside production and employment opportunities are on the rise. Read more of this post
September 8, 2015 Leave a comment
Almost eight in 10 American consumers say they would rather buy an American-made product than an imported one, according to a recent survey conducted by Consumer Reports. And more than 60 percent say they’re even willing to pay 10 percent more for it. Read more of this post
August 26, 2015 Leave a comment