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Record Reshoring Rates Reported in 2022

Mold Making Technology

Hiccups in the global supply chain exacerbated by the pandemic have fueled the reshoring trend. Since 2010, the total jobs announced would top 1.6 incentives to bring manufacturing back. Chemicals moved up to third place, driven by pharmaceuticals and materials contained in EV batteries. Photo Credit: Getty Images.

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India´s Robot Boom Hits All-Time High

Dinesh Mishra

Today, India is the world’s fifth largest economy measured by manufacturing output. According to World Bank data, India´s manufacturing value added in 2021 was USD 443.9 China´s robot density hit 131 units in 2010 and skyrocketed to 772 units in 2021. This corresponds to an average annual growth rate of 16% since 2016.”

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5 Statistics That Show California Manufacturing is Alive and Well

CMTC Manufacturing Tech

The pandemic's impact on labor and supply chains contributed to the false notion that California‘s manufacturing industry is declining, but the Golden State’s output has exceeded national averages by 83% since the 1990s. While manufacturing jobs in the state have steadily dropped from 15.6% Manufacturing Output.

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Top Legal Issues Facing the Manufacturing Sector in 2023

Foley

Agility and resiliency remain essential attributes for manufacturers in 2023. Manufacturers are no longer focused on figuring out when things will return to “normal.” Most major automobile manufacturers have set aggressive goals to electrify their fleets, many in the range of 40-50% by the mid-2030s.