Start driving decisions with machine data.
Categories:

    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." 

    Recommended Read 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

    Leave a comment

    Subscribe to our mailing list

    Related posts

    Working with big data isn't easy, but you can do it.

    Working with big data isn't easy, but you can do it.

    Big data is notoriously hard to work with, but it doesn't have to be.  Datanami said, "As far as we’ve come with machine learning and AI, we still have yet to fully master all aspects of managing big ...

    Manufacturing News
    What artificial intelligence is doing for the environment

    What artificial intelligence is doing for the environment

    Becoming more environmentally friendly is increasingly important to both individuals and businesses these days. Machine learning and AI are helping the cause.  Singularity Hub said, "This can range fr...

    Manufacturing News
    Why the perception of manufacturing needs to change

    Why the perception of manufacturing needs to change

    The general public's perception about manufacturing isn't the whole picture.  CNBC said that robots aren't really the problem. They reported, "Instead, Pinchuk sees a much bigger problem for the futur...

    Manufacturing News
    Looking ahead: what industry 4.0 trends can we expect in 2020?

    Looking ahead: what industry 4.0 trends can we expect in 2020?

    We are more than halfway through 2019, so it's time to start thinking about 2020! Trends expected to take off next year include 5G, faster WiFi, AI, analytics, and more.  Forbes said, "Companies that ...

    Manufacturing News
    Balancing big data and your gut

    Balancing big data and your gut

    If you use big data, you've probably encountered a crossroads between the numbers and your gut instinct. What do you do?  Datamation said, "Human instinct is frail and biased in computational power. Y...

    Manufacturing News
    A case for giving employees more autonomy

    A case for giving employees more autonomy

    Why give your employees more autonomy and responsibility? Man Monthly said, "Lean manufacturing is more than focussing on minimising waste while maintaining high productivity levels. It’s about employ...

    Manufacturing News
    Automation increasing from labor shortage

    Automation increasing from labor shortage

    In an interesting twist, automation is increasing due to the manufacturing labor shortage. This may come as a surprise to those that thought automation would "take over" manufacturing jobs.  IndustryW...

    Manufacturing News
    Make sure you have accurate OEE calculations

    Make sure you have accurate OEE calculations

    OEE is a very valuable metric - when it is correct! There are a few ways you can go wrong when calculating OEE. One is by not focusing on each machine. Bevywise said, "Unfortunately managers concentra...

    Manufacturing News
    Tech to watch this year

    Tech to watch this year

    Technology is still advancing quickly! Are you keeping up with the trends? Tech Republic said, "AI is already significantly impacting the way customers interact with businesses via intelligent website...

    Manufacturing News
    Have you ever tried a factory tour?

    Have you ever tried a factory tour?

    Did you know that factories can be for tourists?  Industry Week put together a list of a factory in each state that you can tour for fun! They said, "American manufacturing is back and better than eve...

    Manufacturing News