areadevelopment + business-globalization   660

Theresa May to face no-confidence vote amid Brexit chaos - CNN
Theresa May vowed to fight for her political life Wednesday after members of her own party triggered a vote of no-confidence in her leadership over her handling of Brexit.
this-week-444  Brexit  united-kingdom  europe  trade  trade-agreements  business-globalization  Around-the-web 
15 hours ago by areadevelopment
Corporate Tax Rates Around the World, 2018 - Tax Foundation
In 1980, corporate tax rates around the world averaged 46.63 percent and 38.84 percent when weighted by GDP. Since then countries have recognized the impact that corporate taxes have on business investment decisions so that in 2018, the average is now 26.47 percent and 23.03 when weighted by GDP for 208 separate tax jurisdictions.[
corporate-tax  corporate-tax-reform  taxes-incentives  business-globalization  Around-the-web  corporate-tax-rates  cost-of-doing-business  this-week-443 
12 days ago by areadevelopment
Automakers in the crosshairs as Democrats head for Congress - CNBC
Sometime in the coming weeks, the Trump Administration will announce final plans for rolling back the Corporate Average Fuel Economy, or CAFE, standards considered one of the signature accomplishments of the preceding Obama White House.
this-week-441  Around-the-web  Matt  automotive-industry  trade  trade-agreements  government-policy  supply-chain  business-globalization 
4 weeks ago by areadevelopment
Brexit could cause 'serious damage' for foreign investment into the UK - CNBC
Foreign investment into the U.K. has fallen by 19 percent since the Brexit vote in 2016, a new study has found.
this-week-440  Around-the-web  Matt  FDI  business-globalization  england  united-kingdom 
5 weeks ago by areadevelopment
Siemens India: Betting big on digitalisation - Fortune India
Harnessing digitalisation to optimise manufacturing is what will drive growth, and Siemens India says despite macro economic challenges facing India, the opportunities in the space are immense.
this-week-440  Around-the-web  Matt  manufacturing  advanced-industries  advanced-manufacturing  advanced-technology  3D-printing  india  business-globalization 
6 weeks ago by areadevelopment
Is apparel manufacturing coming home? - McKinsey
Tomorrow’s successful apparel companies will be those that take the lead to enhance the apparel value chain on two fronts: nearshoring and automation. Both must be addressed, and in a sustainable way. Apparel brands and retailers in Europe and the United States can no longer do business as usual and expect to thrive.
global-supply-chain  last-mile-delivery  logistics  reshoring  nearshoring  textiles-clothing-industries  business-globalization  Around-the-web  this-week-439-top 
7 weeks ago by areadevelopment
Your Clothes Could Be Made in the USA Again - Bloomberg
Europeans and Americans have grown used to buying clothes made in Asian countries. But apparel-industry sourcing executives are sure that’s changing: By the middle of the next decade, much more of our clothes will be made closer to home.
reshoring  this-week-439  Around-the-web  nearshoring  textiles-clothing-industries  industry-reports  business-globalization 
7 weeks ago by areadevelopment
Largest Foreign Direct Investors in the U.S. - OFFI
The United Kingdom was the single largest international investor, constituting 15 percent of total cumulative FDI holdings. Canada made up 13 percent followed by Japan, which made up another 12 percent in 2017. Recent large investments from Canada pushed the Great White North up to second place.
fdi-USA  canada  united-kingdom  business-globalization  Japan 
7 weeks ago by areadevelopment
U.S.-Italy Collaboration Helping to Advance Manufacturing Innovation - Area Development
The Italian Trade Agency’s Innovation Days events further strengthen U.S.-Italy advanced manufacturing ties by inspiring partnerships among academic and industry innovators.
area-development-features  Matt  business-globalization  manufacturing  location-USA  FDI 
8 weeks ago by areadevelopment
U.S.-Mexico deal 'much better than the original NAFTA' for auto industry - BNN
Jerry Dias, national president of Unifor, tells BNN Bloomberg why the trade deal reached by the U.S. and Mexico is a good start for Canada's auto industry.
this-week-435  Around-the-web  Matt  NAFTA  mexico  automotive-industry  trade  trade-agreements  business-globalization  sfp-insider-10-26-2018 
august 2018 by areadevelopment
The IT revolution and the globalisation of R&D - VOX, CEPR Policy Portal
US firms have begun shifting R&D investment towards non-traditional destinations such as China, India, and Israel. The column argues that this is a response to a shortage in software and IT-related human capital within the US. When US multinationals are able to import talent or export R&D work, this reinforces US technological leadership. Conversely, politically engineered constraints on this response will undermine the competitiveness of US-based firms.
research&development  tech-transfer  business-globalization  skills-gap  competitiveness  Around-the-web  this-week-435  insider-9-10-2018  sfp-insider-10-26-2018 
august 2018 by areadevelopment
Ericsson to Start U.S. Production as 5G Spending Speeds Up - Bloomberg
Sweden’s Ericsson AB will start U.S. manufacturing this year, a production shift that gets the wireless network supplier closer to customers and also may mitigate the impacts of President Donald Trump’s global trade disputes.
fdi-USA  electronics-industry  business-globalization  global-supply-chain  Around-the-web  this-week-433 
august 2018 by areadevelopment
Tariffs Imperil a Hometown Business in South Carolina: BMW - The New York Times
The automaker became the No. 1 exporter of American-made cars, transforming Spartanburg. Now it is weighing the impact of an escalation of the trade fight.
south-carolina  tariffs  business-globalization  BMW  trade-agreements  Around-the-web  this-week-431 
july 2018 by areadevelopment
BMW Unveils Plan to Boost Production in China - Bloomberg
BMW AG is increasing manufacturing capacity in China in a move that will help the automaker lower its reliance on imports from a U.S. factory just as trade tensions between the two countries intensify.
trade-agreements  free-trade-agreements  business-globalization  tariffs  Around-the-web  this-week-430 
july 2018 by areadevelopment
China Mines Silicon Valley for Tech Talent - WSJ
Alarmed, Trump administration could take action this week to protect the U.S.’s technological edge and national security
skilled-labor  china  competitiveness  trade-war  workforce-migration  business-globalization  Around-the-web  this-week-430 
june 2018 by areadevelopment
Foxconn Closes On North American Headquarters - Wisconsin Public Radio
Foxconn Technology Group has purchased a downtown Milwaukee building to house its North American headquarters as it prepares to build a mammoth manufacturing complex 30 miles to the south.
wisconsin  foxconn  corporate-headquarters  business-globalization  milwaukee  Around-the-web  this-week-429 
june 2018 by areadevelopment
Opinion: Foreign Carmakers in the U.S. - The New York Times
There are 12, soon to be 14, auto manufacturers producing cars in the United States. The American employees of international companies (excluding Ford, G.M., Fiat Chrysler) manufacture half of all American-made vehicles and export about a million American cars every year.
automotive-industry  business-globalization  fdi-USA  Around-the-web  this-week-429  opinion  sfp-insider-7-25-2018 
june 2018 by areadevelopment
How traffic jams at the U.S.-Mexico border ripple through the economy - Dallas News
You may not think very much about border transportation issues if you don't live in El Paso or Laredo, Texas, or Nogales, Ariz., or Otay Mesa, Calif.

People who live in those cities know that the traffic along an increasingly active international border affects their lives daily. But what happens there also has profound effects for millions of people who live nowhere near U.S.-Mexico border.
Around-the-web  this-week-426  us-mexico-border  mexico  NAFTA  global-supply-chain  business-globalization  sfp-insider-10-26-2018 
may 2018 by areadevelopment
Disarray Plagues U.S. Companies’ Efforts to Win Tariff Exemptions - The New York Times
In the two months since the Trump administration’s steel and aluminum tariffs went into effect, the Commerce Department has been deluged with more than 8,200 exemption requests from companies that import foreign metals
this-week-424  Around-the-web  tarriffs  business-globalization  steel-industry  aluminum-industry  government-policy  sfp-insider-5-18-2018 
may 2018 by areadevelopment
PACIFIC: Walmart moves on Amazon - CNNMoney
The Global e-Commerce War: Walmart has just agreed to spend $16 billion for a 77% stake in India's Flipkart e-commerce company, pitting itself against Amazon in the fight for India's 1.3 billion-person economy.
this-week-424  Around-the-web  Matt  amazon  walmart  ecommerce  e-commmerce  retail  india  business-globalization  international-location-reports 
may 2018 by areadevelopment
Germany still attractive for US companies - Roland Berger
Both American companies in Germany and German companies in the US are upbeat about current business development. According to the findings of AmCham Germany's Transatlantic Business Barometer 2018, this trend is set to continue in the years ahead. Both countries have room for improvement on a number of counts – on labor costs in Germany and stable, reliable policies in the US, for example.
FDI  fdi-USA  germany  executive-surveys  economic-forecast  business-globalization  Around-the-web  this-week-422  sfp-insider-10-26-2018 
april 2018 by areadevelopment
Automation and American Leadership by Robert Skidelsky - Project Syndicate
In an era of rapid technological change, it is widely assumed that disruptions to labor markets are inevitable – and positive – indicators of a country's international competitiveness. But should policymakers really use the economy to advance national power at the expense of the many people and regions left behind?
industry4.0  competitiveness  jobs  economic-analysis  business-globalization  government-policy  Around-the-web  this-week-421  sfp-insider-10-26-2018 
april 2018 by areadevelopment
German Steel Town Fears U.S. Tariffs Would Deal Crushing Blow - WSJ
The steel mill in this Gothic town one hour southwest of Berlin has long supplied Europe, its main market, with wire used in construction. But it could still become a casualty of new U.S. tariffs on steel imports.

That is because the tariffs, announced last month, are threatening to redirect to Europe a wave of inexpensive steel from countries that had previously exported the alloy to America.
business-globalization  steel-industry  materials-suppliers  germany  tariffs  government-policy  Around-the-web  this-week-420  sfp-insider-10-26-2018 
april 2018 by areadevelopment
Production Expected To Begin Soon At New Rail Car Factory - WAMC
Since arriving in Springfield, CRRC has worked with local trade unions, the city’s vocational high school, area colleges, and the regional employment board to develop a skilled workforce for the factory.  The factory is purchasing goods and services from dozens of local suppliers
regional-reports  new-england  Massachusetts  china  business-globalization  transportation-industry  Around-the-web  this-week-417  sfp-insider-10-26-2018 
march 2018 by areadevelopment
Why the Rust Belt economy will suffer in a trade war - Brookings
Exports contribute significantly to the U.S. economy, today representing 12.3 percent of U.S. GDP. And the Rust Belt is at the center of this export economy, generating 26 percent of export-derived GDP (Figure 1). As prior Brookings analysis shows, “Trump Country,” particularly the communities of the Rust Belt, has been more affected by trade-related dislocations but also relies more on exports for jobs than other parts of the country.
free-trade-agreements  business-globalization  government-policy  NAFTA  Trans-Pacific-Partnership  tarrifs  Around-the-web  this-week-415 
march 2018 by areadevelopment
How Medicine's Long, Thin Supply Chain Threatens Americans - WIRED
By offshoring its drug and medical supply manufacturing, the US has put patients and hospitals in a frighteningly precarious position.
industry-reports  biotech  pharmaceuticals  offshoring  healthcare-industry  government-policy  global-supply-chain  business-globalization  Around-the-web  this-week-415 
march 2018 by areadevelopment
Time to rethink U.S. trade strategy in Asia - Brookings
The net effect of Trump’s “America first” trade policy is that many of America’s closest trading partners in Asia are accelerating efforts to advance regional economic integration while the United States stands on the sidelines.
china  business-globalization  free-trade-agreements  Trans-Pacific-Partnership  government-policy  Around-the-web  this-week-413  insider-4-12-2018 
february 2018 by areadevelopment
Airbus Outgrows Its European Home - Bloomberg
The company’s airliner business employs more than 53,000 people across Europe. And of the 11,000 passenger jets Airbus has built since it was founded in 1970, all but 400 have come out of the region’s factories. Europe, however, accounts for fewer than 1 in 5 planes in Airbus’s order book, and China, the U.S., and other countries are clamoring for a bigger share of production reflecting the size of their markets—an idea Airbus has hinted it might accept.
airbus  Aerospace  business-globalization  Around-the-web  this-week-412-top  insider-10-5-2018 
february 2018 by areadevelopment
JinkoSolar Set to Build a US Factory, the First Planned in Response to Tariffs - Greentech Media
Taiwanese solar manufacturer United Renewable Energy is also planning to launch a new U.S. module facility in the wake of Trump’s tariff decision.
solar  green-economy  business-globalization  fdi-USA  free-trade-agreements  Around-the-web  this-week-412 
february 2018 by areadevelopment
Federal Tax Reform & the States: Conformity & Revenue - Tax Foundation
The law modernizes the U.S. tax code by shifting from a worldwide to a territorial tax regime, which is in line with most developed nations. Under a worldwide system, all income, no matter where earned, is subject to domestic taxation, but with credits for taxes paid to other countries. Under a territorial system, a company is only taxed on domestic economic activity.
industry-organizations  Around-the-web  this-week-411  corporate-tax-reform  taxes-incentives  government-policy  business-globalization 
february 2018 by areadevelopment
Bombardier just bested Boeing in a trade dispute between the U.S. and Canada. Here’s what you need to know. - The Washington Post
In a recent interview with CNBC, Alain Bellemare emphasized that Bombardier has invested heavily in the United States and will be “doing more by putting the assembly line in Mobile, Alabama.” But Bellemare has said little about whether the number of jobs created in the aftermath of the ITC’s decision will remain intact.
Aerospace  business-globalization  free-trade-agreements  canada  taxes-incentives  government-policy  Boeing  bombardier  industry-reports  Around-the-web  this-week-411 
january 2018 by areadevelopment
Samsung marks opening of its 1st U.S. appliance plant in South Carolina amid threat of tariffs -
South Carolina and Samsung officials on Friday celebrated the first washing machines made at the company's first U.S. appliance manufacturing plant, even as the Trump administration eyes new tariffs on the South Korean manufacturer that Gov. Henry McMaster calls bad for the state and the country.
business-globalization  electronics-industry  appliances-industry  samsung  south-carolina  government-policy  free-trade-agreements  Around-the-web  this-week-410 
january 2018 by areadevelopment
Is Alabama now the auto capital of the South? -
The addition of a highly sought-after manufacturing plant, featuring the world's largest auto company, is also part of several stories: The South's continuing ascendancy into international auto manufacturing, current global economic politics and the future of the auto industry.
this-week-410  Around-the-web  automotive-industry  toyota  mazda  business-globalization  industry-clusters  industry-reports  regional-reports  south 
january 2018 by areadevelopment
The Robots Are Coming, and Sweden Is Fine - The New York Times
In a world full of anxiety about the potential
job-destroying rise of automation, Sweden is well placed
to embrace technology while limiting human costs.
sweden  business-globalization  automation  robotics  skilled-labor  jobs  Around-the-web  this-week-409 
december 2017 by areadevelopment
China Offers Tax Incentives to Persuade U.S. Companies to Stay - The New York Times
China said on Thursday that it would temporarily exempt foreign companies from paying tax on their earnings, a bid to keep American businesses from taking their profits out of China following Washington’s overhaul of the United States tax code.
competitiveness  business-globalization  china  taxes-incentives  corporate-tax-reform  backshoring  Around-the-web  this-week-409 
december 2017 by areadevelopment
Foreign-owned companies employing more U.S. workers - Pew Research Center
Foreign-owned companies employed 6.8 million workers in the United States in 2015, up 22% from 2007, according to preliminary data from the U.S. Bureau of Economic Analysis. The increase is notably larger than overall U.S. private employment growth, which was 3.6% over the same span.
economic-indicator-reports-analysis  business-globalization  fdi-USA  Around-the-web  this-week-407  sfp-insider-7-25-2018 
december 2017 by areadevelopment
Mid-Market Manufacturer Finds New Opportunities to Reshore Parts - Chief Executive
Mitchell supplies parts and wreath rings to companies throughout North America and Europe, and is a preferred parts supplier to furniture, window and computer manufacturers. Mitchell CEO Tim Zimmerman said recently that the company was able to reshore a handle sub-assembly product back to the U.S. last year, offering both increased production and significant cost savings to the client.
case-studies  Around-the-web  this-week-406  cost-of-doing-business  wisconsin  parts-suppliers  global-supply-chain  business-globalization  u.s.-manufacturing  small-manufacturing 
december 2017 by areadevelopment
Three Things CEOs Should Do Now to Prepare for the New NAFTA -
As the three countries move through their last two rounds of 2017 talks in Mexico City and Washington, DC, the differences in negotiating positions remain wide.
NAFTA  free-trade-agreements  mexico  canada  government-policy  business-globalization  global-supply-chain  Around-the-web  this-week-406 
december 2017 by areadevelopment
Trade Worries Led Wisconsin Mill Town to Trump. It’s Still Uneasy. - The New York Times
NEENAH, Wis. — In Winnebago County, they’ve seen the paper mills close, one by one.

While Kimberly-Clark, founded here in 1872, still employs several thousand people locally, abandoned mills dot smaller towns in the region. Paper production has moved to cheaper locales overseas with less stringent pollution rules. That has left a pall — and a sense of fear and insecurity — hanging over places like Neenah, even as factories in other industries are still humming.

For many, the villain is trade.
free-trade-agreements  business-globalization  NAFTA  this-week-405  Around-the-web 
november 2017 by areadevelopment
Bid to Revive U.S. Solar Factories Faces Familiar Job-Killer - Bloomberg
A bankrupt Georgia company is pushing to revive U.S. solar manufacturing with a trade case that’s headed for the president’s desk. The simmering dispute from Suniva Inc. stands a good chance of leading to import tariffs, but don’t expect that to bring the jobs back.
solar  energy  green-economy  free-trade-agreements  government-policy  business-globalization  china  automation  Around-the-web  this-week-404 
november 2017 by areadevelopment
Mercedes-Benz Vans chief: North Charleston plant already adding U.S. jobs, with or without new NAFTA -
While the debate continues over whether stricter trade rules are needed to boost U.S. jobs, the head of the Mercedes-Benz Vans plant in North Charleston says his company is already helping to fulfill President Donald Trump's campaign promise to put more Americans to work.
south-carolina  automotive-industry  mercedes-benz  business-globalization  free-trade-agreements  NAFTA  Around-the-web  this-week-404 
november 2017 by areadevelopment
When It Comes to Trade Whirlpool Tries To Have Its Cake And Eat It Too - Forbes
Samsung is building a washing machine factory in Newberry County, South Carolina. The plant is nearing completion, 250 workers have already been hired, sometime in 2018 the plant will have 500 workers producing washers and possibly other appliances, and eventually nearly 1000 workers will be employed there. LG is just beginning work on a plant in Clarkesville, Tennessee, so soon both major importers will be manufacturing some of their washing machines in the U.S., creating jobs for several thousand Americans.

If Whirlpool's foreign competitors are already in the process of moving some of their manufacturing footprint to the U.S., why is a trade action needed?
business-globalization  appliances-industry  whirlpool  south-carolina  free-trade-agreements  Tennessee  fdi-USA  electronics-industry  Around-the-web  this-week-404 
november 2017 by areadevelopment
Possible tariff on imported solar panels makes the industry nervous - LA Times
The U.S. International Trade Commission is scheduled to start considering a tariff on imports of the most popular photovoltaic generating panels used in the booming U.S. residential and utility-scale solar markets. A stiff tariff could double the price of imported photovoltaic panels made from crystalline silicon, an outcome that is either calamitous or full of opportunity for the burgeoning solar industry, depending on how you look at it.
business-globalization  Around-the-web  solar  green-economy  free-trade-agreements  this-week-402 
october 2017 by areadevelopment
Germany has more industrial robots than US: Impact on jobs, wages, inequality - Quartz
Europe’s strongest economy and manufacturing powerhouse has quadrupled the amount of industrial robots it has installed in the last 20 years, without causing human redundancies.
business-globalization  around-the-web  this-week-399  robotics-manufacturing  automation  industry4.0 
october 2017 by areadevelopment
Why the US Solar Industry Doesn't Want Government Protection - WIRED
Suniva and SolarWorld have petitioned the US International Trade Commission calling for strong tariffs against foreign manufacturers claiming that foreign governments, like China, have subsidized competing solar cell manufacturers abroad, undercutting the US solar industry. But much of the rest of the US solar industry finds those figures far-fetched, and calls the tariff a terrible idea.
solar  energy  green-economy  trade-agreements  business-globalization  china  u.s.-manufacturing  free-trade-agreements  Around-the-web  tariffs  industry-reports  this-week-395 
august 2017 by areadevelopment
One U.S. Factory Goes Global, While Trump Shrinks the World - The New York Times
If Big Ass Fans stands as refutation to the premature obituaries for American manufacturing, the people running the operation worry about a looming risk. Talk of trade hostilities from Washington could shrink the globe, potentially yielding policy that could limit American exports while impeding access to crucial components of manufacturing.
business-globalization  u.s.-manufacturing  kentucky  free-trade-agreements  government-policy  Around-the-web  OEMs  global-supply-chain  this-week-395 
august 2017 by areadevelopment
When Foreign Companies Are Making, Not Killing, U.S. Jobs - The New York Times
Chattanooga’s reliable utilities and infrastructure have helped fuel foreign investment in the area. More than two dozen companies from 20 countries have set up shop in the region, employing thousands of workers.
chattanooga  Tennessee  business-globalization  fdi-USA  location-USA  Around-the-web  this-week-394-top 
august 2017 by areadevelopment
The Mexico phenomenon goes on - Automotive News
Mexico continues reeling in foreign direct investment by automakers and suppliers. The capital movement is leading to higher vehicle production, more exports and a rising income level that – in turn – is fueling a double-digit growth of domestic car and trucks sales.
Around-the-web  automotive-industry  mexico  NAFTA  FDI  business-globalization  this-week-394 
july 2017 by areadevelopment
'Made in America', free trade aren't mutually exclusive — far from it - TheHill
A policy of free trade and open global competition is perfectly compatible with a thriving U.S. manufacturing sector. Expanding trade enabled by free trade agreements does not necessarily mean we produce less stuff in America, but it does steer Americans to produce a different and higher-value mix of goods for sale at home and abroad.
Around-the-web  this-week-392  u.s.-manufacturing  business-globalization  government-policy  free-trade-agreements  NAFTA 
july 2017 by areadevelopment
Is America's digital leadership on the wane? - San Francisco Chronicle
Our most recent report, “Digital Planet 2017: How Competitiveness and Trust in Digital Economies Vary Across the World,” confirms that the U.S. is on the brink of losing its long-held global advantage in digital innovation.
opinion  STUDIES  innovation  competitiveness  business-globalization  high-tech  Around-the-web 
july 2017 by areadevelopment
Trade Talk with Dr Walter Kemmsies: What's the deal with NAFTA? - JLL
In May 2017, the Trump administration gave Congress official notice that it plans to renegotiate NAFTA. Find out the impacts that renegotiations might have on U.S. logistics and industrial real estate through the expertise of Dr. Walter Kemmsies.
business-globalization  economic-analysis  supply-chain  industrial-real-estate  NAFTA  mexico  government-policy  Around-the-web  this-week-394 
july 2017 by areadevelopment
Is Your Supply Chain Ready for a NAFTA Overhaul? - HBR
The proposed “border adjustment” that is part of a tax reform package Congress is debating could cause the U.S. dollar to appreciate relative to other currencies. Under the plan, companies would not be able to deduct the cost of imports from their revenue, a move that today enables them to lower their overall tax burden. At the same time, exports and other foreign sales would be made tax free.
global-supply-chain  business-globalization  government-policy  free-trade-agreements  NAFTA  mexico  canada  this-week-391-top  Around-the-web 
july 2017 by areadevelopment
American Companies Still Make Aluminum. In Iceland. - The New York Times
More than 30 of the giant factories once dotted the American landscape, sucking down huge amounts of electricity to produce the metal for car parts, beer cans and aluminum foil. Now there are just five smelters — all facing an uncertain future.
aluminum-industry  alcoa  iceland  business-globalization  energy-costs  Around-the-web  this-week-391 
july 2017 by areadevelopment
Making it in America - McKinsey & Company
The United States needs to regain its competitive edge in manufacturing while also grappling with its two-tiered labor market and finding ways to make economic growth more inclusive.
this-week-391  Around-the-web  u.s.-manufacturing  competitiveness  business-globalization  backshoring 
june 2017 by areadevelopment
Economic Nationalism and the Future of Global R&D - strategy+business
For years, companies have been expanding their research and development (R&D) footprint beyond the boundaries of their home country. But recent political and economic events have raised questions about whether this global innovation model can be sustained.
research&development  business-globalization  government-policy  innovation  free-trade-agreements  this-week-390  Around-the-web 
june 2017 by areadevelopment
Foxconn Dangles $10 Billion Tech Investment to Create U.S. Jobs - Bloomberg
The founder of Foxconn, whose main listed arm is Hon Hai Precision Industry Co., is now weighing the pros and cons of locating the factory in one of several U.S. states, including Wisconsin. Taiwan’s richest man said he’d been in dialog with the White House and various state governors -- one of whom called him moments before he kicked off Thursday’s shareholders meeting. A cutting-edge plant in the Midwest would mark a victory for President Donald Trump and his effort to bring jobs back to America.
Around-the-web  this-week-390  china  foxconn  u.s.-manufacturing  business-globalization 
june 2017 by areadevelopment
Mitsubishi on U.S. Manufacturing Renaissance - IndustryWeek
Many international manufacturing firms, including Mitsubishi Heavy Industries (MHI) Group, are working to strengthen and energize U.S. manufacturing and infrastructure, adding to the technological strength of the country while employing thousands of workers and providing needed skills and training.

At MHI, we believe that achieving a manufacturing renaissance will require a spirit of partnership – a solutions-focused approach that will truly move the world forward.
supply-chain  parts-suppliers  OEMs  business-globalization  u.s.-manufacturing  Around-the-web  this-week-390 
june 2017 by areadevelopment
Renegotiating the U.S.-Mexico relationship in 2017 - Brookings Institution
The nature of the bilateral relationship between the United States and Mexico has important implications for both the local and international geopolitical landscapes. With global attention turned toward the shifting relationship, competent diplomacy and productive trade relations between the two world powers are more pertinent than ever.
business-globalization  government-policy  free-trade-agreements  mexico  NAFTA  Around-the-web  this-week-388 
june 2017 by areadevelopment
NAFTA 2.0 and the Art of the Deal - Global Trade Magazine
Is renegotiating NAFTA a good idea‭? ‬It depends what you are trying to accomplish.‭ ‬No agreement is perfect,‭ ‬and commerce has changed markedly since‭ ‬1994‭—‬for example,‭ ‬when NAFTA entered into force,‭ ‬there was no commercial use of the internet.‭ ‬Modernizing and updating the agreement is a worthwhile objective.‭ ‬Yet trade agreements are typically effect,‭ ‬not cause:‭ ‬nations make agreements because existing commercial relationships are important,‭ ‬not the other way around.‭ ‬Overall,‭ ‬NAFTA has helped to triple merchandise trade among the three economies in nominal terms,‭ ‬from‭ ‬$306‭ ‬billion in‭ ‬1993‭ ‬to just over‭ ‬$1‭ ‬trillion in‭ ‬2015.‭ ‬But it’s important to remember that Canada and Mexico were the United States‭’ ‬number‭ ‬1‭ ‬and number‭ ‬3‭ ‬trading partners respectively before NAFTA,‭ ‬and they hold the same rank today.
NAFTA  business-globalization  government-policy  canada  mexico  Around-the-web  this-week-387-top 
may 2017 by areadevelopment
The New American Heartland: Renewing the Middle Class by Revitalizing the Heartland -
The greatest test America faces is whether it can foster the kind of growth that benefits and expands the middle class. To do so, the United States will need to meet three challenges: recover from the Great Recession, rebalance the American and international economies, and gain access to the global middle class for the future of American goods and services.
Around-the-web  this-week-387  business-globalization  economic-recovery  u.s.-manufacturing  regional-reports  texas  south  south-atlantic  midwest  plains 
may 2017 by areadevelopment
Make the automation conundrum job No. 1 - Pittsburgh Post-Gazette
Perhaps a more attainable model is the Ronald Reagan/​Bill Clinton era — where selective economic victories proved possible, and healthy job growth occurred in sectors where domestic producers maintained technological or market advantages. The advent of truly useful networked and sophisticated (CAD/​CAM was a great example) computer systems allowed the aerospace, entertainment, biotechnology and software industries to expand quite readily in the late 1980s and 1990s, for example. The lesson: Forget world domination of basic manufacturing and instead play to your strengths. It worked, at least for a while.
pittsburgh  manufacturing-automation  Around-the-web  this-week-386  business-globalization 
may 2017 by areadevelopment
Our nation's manufacturers need global institutions to be accountable - TheHill
Manufacturers in the United States already face tough competition in the global economy and troublesome actions by some foreign governments. Now, they can add one more challenge to the list: meddling from global institutions like the United Nations that could harm U.S. manufacturing jobs and growth.
business-globalization  government-policy  global-supply-chain  u.s.-manufacturing  industry-organizations 
may 2017 by areadevelopment
General Motors Quits Venezuela After Officials Seize Plant - NBC News
General Motors said Wednesday it has been forced to stop operating in Venezuela after one of its plants was illegally seized by local authorities.
this-week-383  Around-the-web  Matt  south-america  venezuela  manufacturing  General-Motors  GM  automotive-industry  business-globalization 
april 2017 by areadevelopment
Glass Half Full: The 2017 Foreign Direct Investment Confidence Index - A.T. Kearney
The United States tops the Foreign Direct Investment (FDI) Confidence Index for the fifth year in a row. This streak ties with the longest prior run that the United States had at the top of the Index (ending in 2001), and likely reflects the enduring attractiveness of the US market in terms of sheer size and a relatively open regulatory environment for foreign investment. Investors may also be motivated by protectionist rhetoric, as FDI would give them a local footprint in the world’s largest economy. In addition, investors have a very bullish outlook for the North American economy—with the United States and Canada the two domestic economies about which investors are most optimistic this year compared with last year. It is thus no surprise that Canada rounds out the top five in this year’s Index.
fdi-USA  location-USA  international-location-reports  business-globalization  Around-the-web  STUDIES  this-week-383 
april 2017 by areadevelopment
Workers Made Germany Into the World's Best Economy - Bloomberg View
If, as some now claim, robots are a big threat to jobs and wages, German workers should be suffering; instead, their wages have been growing at a steady clip, even as employment has risen.

What is Germany doing right?
workforce-development  business-globalization  germany  economic-analysis  labor-costs  organized-labor  Around-the-web  this-week-383 
april 2017 by areadevelopment
How a border tax could divide Boeing and its suppliers - Reuters
A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers like Boeing Co and the thousands of smaller companies that supply them, according to suppliers and tax and trade experts.
NAFTA  border-tax  business-globalization  free-trade-agreements  mexico  parts-suppliers  global-supply-chain  Aerospace  Boeing  Around-the-web  this-week-382 
april 2017 by areadevelopment
Rethinking Your Supply Chain in an Era of Protectionism - HBR
Most U.S. and European companies have spent the past 20 years concentrating more and more of their manufacturing in East Asia to reduce costs by exploiting labor-arbitrage opportunities and address the promise of that rapidly growing market. It’s time for them to rethink their supply-chain strategies. Adjusting to new economic realities as well as political and economic uncertainties will require making their supply chains much more resilient.
global-supply-chain  business-globalization  Around-the-web  this-week-381 
march 2017 by areadevelopment
Georgia’s winning streak with suppliers - Automotive News
While states knock themselves out recruiting job-rich automotive companies, Georgia has zeroed in on a strategy that has attracted more than a dozen foreign suppliers.
automotive-industry  regional-reports  Georgia  global-supply-chain  business-globalization  economic-development-news  Around-the-web  this-week-381 
march 2017 by areadevelopment
Like semiconductors, US solar needs government support - TheHill
Commerce Secretary Wilbur Ross has taken a nuanced view that recognizes the different needs of various industries and individual firms. Secretary Ross can apply that nuanced view to raise the level of government protection for the PV industry to that of the semiconductor industry.     
opinion  free-trade-agreements  government-policy  business-globalization  solar-power  energy  industry-reports  semi-conductor  tech-transfer  research&development  Around-the-web  this-week-381 
march 2017 by areadevelopment
The Man Who Made Us See That Trade Isn't Always Free - Bloomberg View
So, I asked, how should trade policy be changed? Autor’s answers again surprised me. He suggested that the process of admitting China to the World Trade Organization back in 2000 should have been slowed down significantly. That would have given American workers and industries time to prepare for, and adjust to, China’s competitive onslaught. He also endorsed the border adjustment tax now being considered by Congress. That tax would probably benefit U.S. exporters at the expense of importers.

But Autor went quite a bit further. He told me that the U.S. government should focus attention on manufacturing industries, and even use industrial policy to bolster the sector.
business-globalization  free-trade-agreements  china  u.s.-manufacturing  economic-analysis  Around-the-web  opinion  this-week-380 
march 2017 by areadevelopment
Samsonite: US Plans Come With Baggage -
Samsonite suggests making bags in the U.S. could actually save money for the firm, which was founded in Colorado over a century ago. “The advantage enjoyed by lower cost economies is a lot less than it used to be,” says chairman Tim Parker, citing rising labor costs in countries like China and the cost of freighting goods between the east and West.
business-globalization  backshoring  u.s.-manufacturing  colorado  Around-the-web  this-week-380 
march 2017 by areadevelopment
US tax proposals hit automotive industry - Roland Berger
How will the repercussions of recent US tax plans be felt by the automotive industry? Our new study shows border tax proposals introduced by the new US administration will contribute significant costs to vehicles sold in the US. These costs will not only apply to imported vehicles, but also vehicles produced in the US, due to foreign part content.
corporate-tax  business-globalization  free-trade-agreements  automotive-industry  industry-reports  government-policy  Around-the-web  this-week-379 
march 2017 by areadevelopment
The Most Attractive Cities to Move to for Work - HBR
For firms, it’s become imperative to look beyond geographic borders to attract and retain top talent. This is partly due to the fact that 77% of CEOs report being concerned about the availability of key skills, according to PwC. Seventy-seven percent also agree or strongly agree that they move talent to where they need it. Marshall Goldsmith, who has coached CEOs at dozens of global Fortune 500 companies, told me that the talent game is becoming geographically borderless. “What companies want is a leadership base that at least somewhat parallels their customer base. So you don’t have a group of leaders that doesn’t have anything in common with their customers.”
ranking  Metros  leading-locations  business-globalization  workforce-migration  quality-of-life  Around-the-web  this-week-379 
march 2017 by areadevelopment
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