Featured Stories

Categories

What is next for US manufacturing?

Graham Immerman
February 05, 2018

What is next for manufacturing in the United States? What will the effects of this tax reform bill really be? Only time will tell, but one possibility is an increase in businesses choosing to manufacture in the US. Expert Willy Shih told IndustryWeek that companies moving may choose to increase automation in their production. "He pointed to a variety of technologies such as simulation software and machine learning that will help companies improve the efficiency of their operations and help the move toward mass customization. At the heart of much of Industry 4.0, he said, is the move away from build-to-stock and toward build-to-order." 

Has US Manufacturing Been Unleashed?Source: http://www.industryweek.com

"This legislation represents historic progress for manufacturers and for all Americans," Jay Timmons, president and CEO of the National Association of Manufacturers, said in response to passage of the tax reform bill, which lowered the U.S. corporate tax rate from 35% to 21%. With the new bill, Timmons promised, manufacturers will "increase capital spending, expand their businesses and hire more workers…" -- and "nearly half will increase employee wages and benefits." Tax reform is just one of a series of policy changes the Trump administration and the Republican-led Congress are seeking that business groups have lobbied for in recent years. The president has already started to push back against regulations. He is advocating a $1.5 trillion infrastructure investment which will begin to address America's aging roads, bridges and other transportation avenues. And he is calling for more "reciprocal" trade agreements that seek not simply to expand trade but to make trade more equitable. Read More

Comments

Related posts

The current strength of manufacturing in the United States
30Jan

The current strength of manufacturing in the United States

The manufacturing index dropped in December 2018, but Forbes still argues that the industry is stronger than you think. They said, "Manufacturing activity keeps expanding, albeit at a slower pace. And...

Why veterans fit the manufacturing field so well
24Jan

Why veterans fit the manufacturing field so well

While many businesses are having trouble with the skills gap in manufacturing, some are finding that veterans have the right skill set. One business owner said the main relevant skills he finds in vet...

What to focus on for success in manufacturing
23Jan

What to focus on for success in manufacturing

With so many strategies taking over manufacturing, which are the most important? Manufacturing Global reported that Lisa Anderson of of LMA Consulting Group Inc. thinks there are a few key areas to fo...

Ways to motivate your manufacturing employees
21Jan

Ways to motivate your manufacturing employees

There are many ways to motivate your employees, but Industry Week says prizes are not the best choice. The skills gap is a concern for many companies right now, so attracting and retaining employees i...

When big data is too big
15Jan

When big data is too big

It's right there in the name - big data is big! Unfortunately, sometimes that can mean it becomes very difficult to sort through and find the actionable insights you need. Forbes said, "Fortunately, t...

Current technology trends in manufacturing services
02Jan

Current technology trends in manufacturing services

Technology is not just impacting production floors, it is impacting services in manufacturing as well! Manufacturing Global listed ta few standouts in this area. The first they mentioned is mobile app...

Retaining great employees
20Dec

Retaining great employees

With the current status of the skills market in manufacturing, it's important to retain your great employees! From millennials to those close to retiring age, it's a good idea to make sure your employ...

Manufacturing jobs increased in November
19Dec

Manufacturing jobs increased in November

The numbers are in and manufacturing jobs increased by 27,000 last month in the United States. That's a year-to-date increase of 288,000! Many of the jobs created were in durable goods. We still aren'...

Ten trends to watch next year
18Dec

Ten trends to watch next year

Manufacturing Global recently put together a list of ten manufacturing trends for 2019. It includes things like Investment / funding for SMEs, better diversity, and companies investing in the workforc...

Using OEE for lean
17Dec

Using OEE for lean

OEE is a great metric to dig into when working on lean manufacturing initiatives. However, companies that have found success using the metric recommend using it as a baseline and not relying on OEE en...

banner1-1

Subscribe Email

banner2-2