Geopolitical forces are accelerating the growing trends of reshoring and foreign direct investment (FDI). Over the last decade, an expanding understanding of the routine logistics costs of offshoring drove an upward trend of reshoring.

Boat manufactures around the world are ramping up production of electric watercraft ranging from pontoons to speedboats. They’re turning to batteries to produce emission-free products that deliver on range and speed.

WEST BEND, WI—Milwaukee Tool has opened the company’s newest assembly plant here. The $55 million project is expected to create 150 jobs.

VALCOURT, Canada—BRP Inc. says it is ramping up production at four of its assembly plants after a cyberattack brought operations to a halt earlier this month.

LORDSTOWN, OH—Foxconn has signed an agreement to manufacture Monarch Tractor’s battery packs and electric agricultural equipment at its assembly plant here.

In this episode of Assembly Audible, we speak with Douglas Schuster, vice president and general manager for global systems at Johnson Controls International.

Most manufacturers agree that digital transformation is necessary to remain competitive today and thrive tomorrow. Many large companies have already begun initiatives. But, when asked to quantify the impact of those initiatives on the bottom line, they often come up short.

GAINESVILLE, GA— Kubota Manufacturing of America Corp. plans to invest $140 million to build a new assembly plant here, adding 500 workers to the 3,000 it already employs in the region.

Traditionally, tractors and other equipment used on farms and construction sites rely on loud, dirty diesel engines. But, that’s starting to change. A variety of manufacturers are unveiling battery-powered machinery that is energy efficient and powerful, yet quiet and environmentally friendly.

RACINE, WI—Unionized workers of tractor manufacturer CNH Industrial are striking after contract negotiations between the company and the union, United Auto Workers, broke down.