Business & Industry

Carbon Capture Reports Show U.S. Has the Means, but What About the Technology?

A few weeks ago President Barack Obama announced plans to order the Environmental Protection Agency (EPA) to propose limits on carbon dioxide emissions from existing coal and gas-fired utilities by 2015. What wasn't talked about as much is that, as important as it is for the future to reduce CO2 emissions, it's equally vital that American finds a way to capture and store carbon dioxide...

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Business & Industry

Manufacturers Increasingly Turn to Demand Response as a Revenue Stream

In its current state, the U.S. electrical grid does not have energy storage backup capacity to compensate for peak load demand. As such, the supply of energy generated by power plants needs to match the demand for it in real-time. Managing that supply and demand is tricky for grid operators. When demand is high, utility companies have several choices. They can bring all their generation capacity...

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Business & Industry

Hydrogen-Powered Cars Are Coming Sooner Than You Think

Hybrid and all-electric cars are the standard alternative fuel technologies for auto manufacturers. But now large auto companies like GM, Toyota and Honda are finally seeing their investments in hydrogen fuel cell research beginning to pay off. In Toyota's case its hydrogen fuel cell's price was reduced by minimizing the amount of platinum components in the fuel cell while also eliminating a...

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Business & Industry

Are Manufacturers Ready for the Industrial Internet?

Manufacturers' business models and competencies will have to evolve to take advantage of the Industrial Internet. The rewards promise to offer tremendous value to those companies that can adapt and produce machinery and equipment for it. Recent reports from Cisco, GE, and Wikibon have taken a closer look at the market value of the Industrial Internet. Although some thought leaders do not...

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Business & Industry

Key to Export Growth: Intellectual Property As a Competitive Edge

U.S. manufacturers can expand sales globally by using the intellectual property (IP) of their products as a competitive edge instead of viewing it as a potential weakness. One of the concerns among exporters is that American-made products and brands are constantly replicated by customers and rivals in emerging markets. It is natural to say, "Why should we market our products if people overseas...

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Business & Industry

Labor Report: Despite Employment Surge, Manufacturing Jobs Fell in June

The latest Department of Labor jobs report reveals that even with the creation of 195,000 non-farm jobs in June, the manufacturing sector lost 6,000 jobs during the same month. In a response to the report, Scott Paul, the president of the Alliance for American Manufacturing (AAM), noted that such a setback will hinder President Barack Obama's goal of creating one million new manufacturing jobs...

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Business & Industry

Aluminum Industry Seeks Solutions to Overcapacity Quandary

The aluminum industry has been suffering from overcapacity for the past two years, depressing prices and pushing producers to search for survival strategies, such as exploring new markets and innovating in specialty product categories. As with many industrial market trends today, the overcapacity problem stems from China's rapid economic expansion. According to London-based research firm CRU,...

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Business & Industry

The End of Cheap China

In The End of Cheap China, Shaun Rein explains how China's rapid growth will affect American businesses and consumers alike.  Many Americans know China for manufacturing cheap products, thanks largely to the country's vast supply of low-cost workers. But China is changing, and the glut of cheap labor that has made everyday low prices possible is drying up as Chinese seek not to make iPhones,...

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Business & Industry

Initiative Spotlight Series: 3 Training Programs Supporting Michigan's Manufacturing Recovery

After a long economic downturn, Michigan has begun to bounce back in manufacturing, building on its long history as the nation's leading automotive manufacturing hub. In continuing IMT Career Journal's series highlighting programs and initiatives to help the U.S. manufacturing sector create good jobs, we look at a few programs that are preparing Michigan's manufacturing workforce. For more than a...

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Business & Industry

How Smart-Water Technology Gets Invented

Recently I was invited by Sensus, a global provider of utility infrastructure technology, to tour its research and development (R&D) facility at Research Triangle Park in Morrisville, N.C. As I reported in May, Sensus is a key innovator in the growing field of smart-water management, sometimes referred to as "smart water grid," with a nod to the metering and grid technologies that are...

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