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Tesla to Develop Zero-Emissions Manufacturing Facility
Tesla Motors, one of the world’s leading makers of electric cars, electric powertrains and batteries, has announced plans to develop a zero-emissions manufacturing facility. Dubbed the “Gigafactory,” the revolutionary new manufacturing facility isn’t just environmentally friendly; it’s also big, very … Read More
Will US Manufacturing Surpass China?
The United States manufacturing industry has experienced strong growth over the past year. As we discussed in a previous blog post, the industry has experienced positive growth for the fifth consecutive month in July, signaling a healthy manufacturing market. Even … Read More
American Manufacturing Experiences Strong Growth in June
June was a great month for U.S. manufacturing, with the industry reporting strong growth amidst concerns by investors. According to a report published by the Institute for Supply Management, the country’s manufacturing index increased from 51.3 in May to a … Read More
President Obama Announces New Manufacturing Initiative
President Barack Obama has announced the creation of a new initiative that aims to improve and grow the country’s existing manufacturing industry through “smart manufacturing.” When speaking at the annual SelectUSA Summit, President Obama said the government will provide some … Read More
US Manufacturing Rebounds with Strong Growth
There’s been some concern among economists in recent months, fearing the United States’ manufacturing industry would continue to decline. While the industry has experienced somewhat stagnant growth as of late, it appears this trend has since reversed. According to the … Read More
What is ‘Manufacturing Overhead?’
If you work in the manufacturing industry, either as an employee, independent contractor or business owner, you’ve probably heard of the term “overhead” at some point in time. By calculating manufacturing overhead, you’ll have an easier time reducing unnecessary expenses … Read More
The Role Manufacturing Plays in Economics
It’s a little-known fact that manufacturing goes hand-in-hand with economics. While it’s true that all industries affect economics, manufacturing is particularly influential. Some financial analysts and market economists view the manufacturing industry as being a wealth-producer of a country. This … Read More