Industry Market Trends

Survey: Most Large Manufacturers Plan to Reshore Production from China

September 24, 2013

A majority of manufacturing executives at companies with sales greater than $1 billion claim in a new survey that they are pulling production back from China and returning it to the U.S., or are at least considering such a move. Labor costs, proximity to customers and product quality are key reasons for production location decisions. Read More

Industry Market Trends

Global Government and Business Leaders Unveil New Climate Economy

September 24, 2013

holdtheworldEnvironmental and economic policies have almost always been at odds with each other. Many businesses and government groups see environmental legislation as stifling and overbearing, destroying jobs and preventing economic growth. But a new global council of environmental scientists and economists, led by an impressive cross section of world leaders and policymakers, hopes to allay those concerns. The Global Commission on the Economy and Climate is composed of leaders from government, finance, and business. The commission is a partnership of seven economic and policy research institutes located in the U.S., China, Europe, India, Korea, and Ethiopia. It is overseen by an international council of former heads of government and finance ministers, as well as business leaders.  Read More

Industry Market Trends

Viewpoint: Environmental Regulations Are Not the Enemy of Business

September 24, 2013

sustainbusinessWhen the subject of climate change is discussed, a peculiar view often emerges. This view tends to accept the business-as-usual scenario as an inevitable outcome of the economic system or simply as the human condition. According to this perspective, the power of greed shapes and drives our capital markets, and it is this greed that has caused the global society to industrialize and has allowed the buildup of excessive levels of GHGs. In other words, a merciless capitalist spirit is at the root of our climate change problem, and addressing climate change requires the elimination of the capitalist system that underlies it. Oddly this point of view can emerge from both the far left and the far right of the political spectrum. In light of this view, it takes an almost aikido-like response to initiate a different world view. On the one hand, such a response requires agreeing that greed will work its way into our economic system and will have both positive and negative consequences. Furthermore, the response requires a counterintuitive and perhaps risky acknowledgement that the solution to climate change actually depends on capitalism to pull us out of the quagmire.  Read More

Industry Market Trends

Excitement Builds as Plans Take Shape for IMTS 2014

September 24, 2013

First-timers to IMTS -- the International Manufacturing Technology Show -- invariably say they have never seen anything like it, probably because there isn’t anything else like it. IMTS brings the collective genius of an entire industry to one place, at the same time, with one focus: advanced manufacturing.  Read More

Industry Market Trends

Hiring Pitfalls of Expanding Overseas and How to Avoid Them

September 24, 2013

When a U.S. manufacturing company is ready to expand overseas for the first time, executives frequently underestimate the complexity of international human resource issues. They may not know the right questions to ask or the things they need to think about to avoid the pitfalls that await.  Read More

Industry Market Trends

High School Kids 'Step Up' to Cleantech Challenges

September 24, 2013

feetThe inspiring story of four high school students with a desire to "help people" is the focus of GE's latest Focus Forward video series. Twin brothers Cameron and Tanner Love along with Savannah Morgan and Danny Morrow came up with the idea to develop a mat that could harness the energy of people's footsteps. A device like that, the kids speculate, could power a school or hospital or even a city block -- anywhere foot traffic is frequent and dense. They worked with their coach and teacher Barbara Morrow and engineer John Gunn to develop a working prototype. However, the device was unable to power much more than a refrigerator.  Feeling unsatisfied and wanting to make a world impact, they decided to package the device with a SteriPEN, which could be charged by the mat and used in Third World countries where drinking water is scarce.  Read More

Industry Market Trends

Small Change, Big Gains

September 24, 2013

In Small Change, Big Gains: Reflections of an Energy Entrepreneur, Thomas Stoner introduces climate change economics and provides recommendations on how to develop feasible pathways to a sustainable energy future. Read More