Industry Trends Page 153

The Growing Importance of the Anadarko Region

The focus of Hurricane Harvey has, and should remain, on the struggles of those caught in the storm’s path. However, it will also impact oil refining operations, meaning other sites could be counted on to supplement shortages.

Ethiopia Could be the Next China

Featuring the second largest population on the continent, a less expensive labor pool, and a relatively stable government, the country has been attracting new manufacturing partners.

Food & Beverage Manufacturing Experiencing a ‘Global Boom’

The primary driver of this growth is a steadily increasing global population that simply needs more food. In turn, this creates new opportunities for food service providers and opens up new markets for export.

Food Service Jobs Outpacing Manufacturing in Midwestern Hub

Further, the report says this trend could be engaging nationwide as soon as 2020.

Alabama Plant Expansion Impacts Global Supply Chain

This move makes a small town of 17,000 people a vital link in the global aerospace supply chain.

Manufacturing Drives French Economic Boom

Reports indicate that the recent election of Emmanuel Macron to lead the country has helped bolster economic momentum. France is experiencing its strongest continuous period of expansion since 2011.

Rural Manufacturing Remains Strong

These areas are not immune to the same economic restructuring seen throughout the country. Rural manufacturing jobs have decreased by 21 percent, although total rural employment has grown by seven percent during that same period.