By DANIEL LOVERING, AP Manufacturing Writer
Farm equipment maker Deere & Co. said Wednesday it will recall most of the workers it laid off from an Iowa plant earlier this year to start production of the company’s 2010 models.
Deere, based in Moline, Ill., said the 452 manufacturing employees will be recalled to [...]
TALI ARBEL, AP Business Writer Tali Arbel, Ap Business Writer
NEW YORK – A private measure of U.S. manufacturing activity grew in October at the fastest pace in more than three years, helped by government spending and higher demand from overseas. The better-than-expected reading is a positive signal for the fledgling economic [...]
Source Article
http://mfgcrunch.ning.com/profiles/blogs/returning-to-america-the
Here’s a great blog post summary from evolvingexcellence.com reviewing a Deloitte article that debates the repatriation of manufacturing work back to the US. Salient points include that Deloitte, a consultant, is paid to look for an report change, and that the gap in costs between manufacturing in the US and offshore has shrunk [...]
Rachel Beck, AP Business Writer
NEW YORK (AP) — A theme is emerging from the flood of recent corporate earnings reports: Cost cuts are boosting profits.
Investors are cheering, but they shouldn’t. Even in these tough times, more CEOs should be talking about how they are seeking out investments, developing new technologies and making acquisitions.
That’s what [...]
Michael Mandel
This morning the BLS released its “International Comparisons of Manufacturing Productivity and Unit Labor Cost Trends, 2008”. And guess what? According to the BLS, the U.S. manufacturing sector had the fastest productivity growth in the world in 2008—1.2%, tied with South Korea. Meanwhile, Japan, Canada, Germany, France and Japan all had manufacturing productivity [...]