We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
The North American Free Trade Agreement is in its 23rd year. But there are growing doubts that it will survive through its 24th. President Donald Trump has threatened to withdraw from the agreement if he can't get what he wants in a renegotiation. But what he wants...
Ford Motor Co. is cutting production at five North American assembly plants through the rest of this year as U.S. demand for new vehicles slips due to lower gas prices. Ford plans a three-week shutdown at its Cuautitlan, Mexico, plant, which makes the Fiesta subcompact, and a two-week shutdown at its Hermosillo, Mexico, plant, which makes the Fusion and Lincoln MKZ sedans. In the U.S.,...
More than two dozen storage tanks holding crude oil, gasoline and other contaminants ruptured or otherwise failed when Harvey slammed into the Texas coast, spilling at least 145,000 gallons (548,868 liters) of fuel and spewing toxic pollutants into the air, according to...
Key oil and gas facilities along the Texas Gulf Coast have temporarily shut down as Harvey pounds the region with torrential rain and high winds, virtually assuring gasoline prices will rise in the storm's aftermath. Even before Harvey made landfall late Friday, dozens of oil and gas platforms had been evacuated, at least three refineries had closed and at least two petrochemical plants had suspended operations. How soon they reopen depends on the severity of flooding and the resumption of power to the areas. Experts say it's still too early to say, with the storm still moving through the region Saturday evening. But they believe gas prices will increase 5 cents to 25 cents per gallon. Harvey also continued to take a toll on...
Even as he seeks Beijing's help on North Korea, President Donald Trump is poised to seek a trade investigation of China for the alleged theft of American technology and intellectual property. Trump is expected to sign an executive order Monday asking his trade office to consider the probe. In the midst of a 17-day vacation, Trump plans to...
Manufacturing Week is a week-long celebration of modern manufacturing. GE Reports' Perspectives invited Jay Timmons, president and CEO of the National Association of Manufacturers (NAM), to discuss some of the lesser know aspects of the sector, including higher-than-expected salaries and the "rewarding" nature of manufacturing careers. "The other thing that I think would really surprise folks to know is that within the next 10 years we're going to have about 3.5 million jobs in manufacturing that are available," Timmons said. Timmons also outlined the steps that will help American manufacturers compete globally and create jobs, including the need for tax reform, infrastructure upgrades and strong U.S. trade engagements. NAM is the largest manufacturing association in the nation. It represents
At 15, Josh Mook got a job refueling planes and handling bags at a small airport near his hometown of Louisville, Kentucky. He'd work eight hours a day after school, then blow his earnings every Saturday taking flying lessons. "I couldn't even drive myself there," Mook recalls. "But I was flying solo." Mook has been jetting into the unknown ever since. Originally...
In January of this year, the European Parliament proposed that robots be called "electronic persons," and have all the rights and responsibilities of any European citizen. The move was less about what robots and artificial intelligence are today, and more about what they might become. It's exciting to see major institutions like...
ABB Ltd. agreed to buy the industrial solutions business of General Electric Co. in a deal valued at $2.6 billion that will strengthen the Swiss company's business in the U.S., its largest market. The transaction is expected to generate cost savings of about $200 million annually, the Zurich-based company said...
Manufacturing is in the midst of a new Industrial Revolution. 3-D printing, the Internet of Things, robotics, artificial intelligence. These technologies are present in a wide range of sectors -- from automaking to medical devices. The possibilities have reinvigorated interest in the art of making things. Meanwhile,...
It was already 102?, the air thick with smoke from some distant wildfire by the time I arrived at KEEN Inc.'s Portland boot factory last month. Perfectly absurd conditions for a factory tour. But the absurdity felt right. I was, after all, walking into a shoe factory in the United States. Moreover,...
The information contained in this nearly 70-page, data-packed Statistical Profile presents a composite picture of IndustryWeek's Best Plants winners and finalists for the past five years from 2012 to 2016. During these years IndustryWeek selected 33 winning facilities and 44 finalists. This report was prepared from...
The state of the economy will often dictate how much growth certain industries are experiencing, which can influence their business decisions and modernization requirements. Consequently, Ultra takes a huge interest in world economic affairs, with special focus on the U.S. manufacturing and distribution industries. August's state of the economy update includes facts and figures captured in July,...
The truth is that bringing manufacturing prowess jobs back to the United States is not as easy as signing an executive order. When we lost those jobs, primarily to Asian countries, we lost our expertise in the process. It didn't happen overnight. By allowing extensive...
When it comes to digital technologies, manufacturers know they've got to "give" in order to "get." After years of emphasizing cost-saving programs to drive lean operations, manufacturers are now focused on propelling outsized top-line results by investing in digital technologies. That's one of the key findings of our recent study, The Work Ahead in Manufacturing, in which...
White-collar workers use their heads, blue-collar workers use their hands. Although this simplistic division of the workforce was first used in the 1940s, the notion of manufacturing workers as the ones getting their hands dirty stretches right back to the industrial revolution. Even the Latin origins of the word manufacturing-manu factus-made by hand-refers to...
3D printing is quickly becoming a serious and established tool in the manufacturing industry. From design and prototyping to customization and even mass production, the technology is gaining adoption due to its improvements in capabilities and the falling costs of equipment. Manufacturers can make the most of 3D printing by...
There's no shortage of conversation around the manufacturing industry on Capitol Hill. In June at the National Association of Manufacturers Summit, Vice President Pence remarked that American manufacturers haven't been this optimistic in 20 years. It's an exciting time to be in the industry. At this very moment,...
Grab your slate chalkboard and jot this down: "The old performance management model is dead." But of course you don't own a slate chalkboard, because its time has come and gone. And just as it no longer makes sense to...