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Think Tank
Industrial Manufacturing: Page 48
Hyundai Motor, LG to Build $4.3bn EV Battery Factory in U.S.
The announcement comes a month after Hyundai announced that it would build an EV battery factory with SK On, another South Korean battery maker.
Higher Mexican Wages Spell Trouble for Near-Shoring
The trend comes in part from the U.S.-Mexico-Canada Agreement (USMCA), which took effect in July 2020 as a replacement for the North American Free Trade Agreement.
A New Dawn for American Manufacturing
Manufacturers and retailers have often been left with two tough options: raise prices, or find a different supplier.
U.S. Imports of ‘Blood Teak’ from Myanmar Continue Despite Sanctions
The EIA has warned the military-controlled government is likely not following the law, and the country is on track to lose its forests by 2035.
Rolls-Royce Says Supply-Chain Disruptions Remain Key Concern
Chief executive officer Tufan Erginbilgic has initiated a transformation program at the biggest U.K. manufacturer, including some key management changes.
Construction Industry Benefits from U.S. Factory-Building Boom
A backlog of orders and higher demand from new factories are boosting manufacturing companies and driving demand for materials like steel and the trucks needed to transport big industrial shipments.
Honda Follows Apple Model on EVs, Working Directly with Suppliers
The automaker's new supply chain structure will work directly with parts suppliers on development and production in order to control quality and bring down costs.
Nearshoring Not So Easy After All
The approach has brought new costs and logistics hurdles for supply chains that are adding a new twist to globalization.
Industry 5.0: The Future of Unified Manufacturing
Industry 5.0 is the next stage of the digital, environmental and human transformation of global manufacturing.
JLL Finds Perfect Warehouse Location, Leading to $15M Grant for Startup
Challenge:
An innovative clean energy startup needed a manufacturing site that could accommodate its growth and allow it to scale production as demand for its groundbreaking product takes off.
Tesla to Build New Shanghai Factory for Megapack Battery
China is an extremely important market for Tesla, where its existing car factory on the outskirts of Shanghai produced almost 711,000 cars in 2022, or 52% of its worldwide output.
Boeing to Boost Output of 737 Jets in Push for More Cash
The plane maker is expected to report a surge in first quarter deliveries when it discloses March handovers, a sign of the progress Boeing is making toward stabilizing work in its factories.
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