Buyers and engineers evaluate a supplier on THOMASNET.com every 2 seconds. All of that sourcing activity gives us valuable insight on the movements of typical patterns in the industrial market place.
Over the past few months, we've been watching raw material sourcing closely and we've noticed some interesting trends:Read More »
The latest aircraft from Airbus is hitting the skies, but in an unexpected way. The company recently announced at the 2017 Paris Air Show that it will begin flight trials on a helicopter that makes pilots optional.Read More »
Discussions about bringing manufacturing back to the United States are heating up as reshoring and U.S.-based manufacturing have become more lucrative. Many CEOs and CFOs are realizing that their businesses would have a lower total cost of ownership (TCO) with U.S.-based operations when potential steep tariff hikes and reshoring tax benefit programs come into play. Tech giants like Apple, Foxconn, and Offsite Networks are now looking to manufacture more affordably, locally, and, most importantly, with more integrity.Read More »
The auto industry makes a massive contribution to the well-being of the U.S. economy, accounting for approximately 3.5% of the U.S. GDP and employing more than 2.5 million workers.
To discover which auto companies make the biggest impact on the U.S. economy, American University's Kogod School of Business released their 2017 Made in America Auto Index.Read More »
Tesla's latest move on the shop floor is causing quite a stir in the industry. To adhere to their lofty production goals, the company is skipping the soft tooling stage and jumping straight into the production tooling stage for their Model 3 automobiles.Read More »
At THOMASNET.com, we are big champions of American manufacturing and reshoring. In fact, we work with suppliers who produce amazing products made in America every day, and we play an instrumental role in helping small- and medium-sized suppliers grow.
But how can we measure growth for the industry overall? A good barometer is the state of the manufacturing workforce. That’s why we will be regularly diving deep into the latest information from the Bureau Of Labor Statistics to take the pulse of hiring in the industry and to highlight sectors that are growing.
Here is our Manufacturing Industry Jobs Update for April 2017 (scroll down for previous releases):
Read More »
In 2009, there were 2.5 billion devices with unique IP addresses connected to the internet — most of these were cell phones and computers. By 2020, there will be up to 30 billion connected devices with unique IP addresses, and many of these will be industrial products. Driven by new digital technologies, cloud computing and the Internet of Everything, this new industrial connectivity is driving what’s referred to by some analysts as “Industry 4.0.”Read More »
It looks like Jeff Bezos and the team at Amazon are getting busier. According to recent reports, Amazon was awarded a patent for an on-demand clothing manufacturing warehouse.Read More »