Manufacturing Tag

Value and Global Share of Smart Manufacturing

June 29, 2018

Smart manufacturing is the use of The Internet of Things (IoT) devices to improve efficiency and productivity of manufacturing operations. Many manufacturing facilities and production lines are undergoing process changes for these technology updates. According to a recent estimation by McKinsey, the potential economic impact…

Trump Promises to “Even Out” Auto Industry Trade Imbalance

June 27, 2018

U.S. President Donald Trump tweeted Tuesday that the government is finishing a study of tariffs on cars imported to the United States, while a U.S. automobile manufacturers’ group warned that placing new tariffs on imported cars will drive consumer prices up thousands of dollars per…