Industry Trends Page 4

EV Manufacturing Picks Up Following Recent Auto Plant Closures [Report]

Global automakers are responding to the strong push toward demand for electric vehicles with substantial investments, including a handful of large ones announced in the past month.

Business & Industry

Mitsubishi Electric Looks for Buyer in Memphis

In late August, everything was "on the table" as part of an effort to increase production and become profitable.

Business & Industry

Water Equipment Manufacturer Announces $41 Million Expansion in Tennessee

Mueller Water Products hopes to add up to 325 new jobs over five years.

Business & Industry

Global Lift Manufacturer Acquires Texas Vehicle Body Maker

TIME Manufacturing now has teams across five continents.

Industry Trends

Passive Technology to Push RFID Market to $13 Billion by 2022 [Report]

A new research report says that RFIDs - a major boon to logistics operations over the past decade - represent $11.6 billion in 2019 market value, with that figure expected to reach $13 billion by 2022.

Industry Trends

Developers Identify 4 Obstacles in Moving New Products Beyond Prototyping Stage [Report]

Fictiv's 2019 State of Hardware Report explored obstacles that contract manufacturers are facing in getting new products past the prototype phase.

Industry Trends

3 Ways Businesses Are Mitigating the Impacts of Tariffs [Report]

To mitigate the risks and costs associated with trade tariffs, companies are reassessing their production processes and adopting tariff engineering strategies.

Business & Industry

How To Expand Your Manufacturing Business Into New Markets

Expanding into new markets opens up new revenue streams and keeps you ahead of the competition. How can manufacturers get started with market expansion

Business & Industry

Kentucky HVAC Manufacturer to Invest $50 Million, Add 400 Jobs in Expansion

KCC Manufacturing will spend $50 million to build a second facility in Louisville.

Industry Trends

Consumers Fighting for "Right to Repair" Electronics

Between 2014 and 2019, Americans spent $22 billion on smartphone, computer, and other electronic repairs - and nearly every dollar spent is flowing back to OEMs.