Items Tagged with 'manufacturing investment'

Multimedia Editor and Host Jennifer Pierce shares highlights from ASSEMBLY Audible's September podcasts.

We—manufacturers, government and the public—have failed dismally to capitalize on the opportunity to revamp supply chains and grow U.S. manufacturing.

The impact of COVID-19 on this country didn’t need to be this bad. It shouldn’t have been this bad. But this is what happens when a country turns its back on manufacturing. America traded its independence for short-term corporate profits, and recovery is going to take much more than a few trillion dollars in federal emergency loans. A euthanized industrial base can’t magically be brought back to life.

ALLISTON, Ont.--The federal and Ontario governments are each providing Honda Canada with grants of up to $41.8 million for upgrades and research and development at its operations in Alliston, Ont. The government money, along with up to $408.3 million from Honda itself, will go toward vehicle-assembly technology, as well as the design and construction of a new paint shop that is expected to cut greenhouse gas emissions nearly in half.

WASHINGTON—U.S. Secretary of Commerce Penny Pritzker has announced a second set of 12 “manufacturing communities” to receive federal grants under the Obama Administration’s Investing in Manufacturing Communities Partnership initiative. The program is designed to accelerate the resurgence of manufacturing in communities nationwide by supporting the development of long-term economic development strategies.

WASHINGTON—Investment in equipment and software is expected to grow 5 percent in 2015, according to the latest economic outlook released by the Equipment Leasing & Finance Foundation.

ANNA, OH—Honda Motor Co. will invest $340 million to build fuel-efficient, gasoline engines here. The turbo-charged, four-cylinder gasoline engines are expected to debut later this year.

"Happy Days Are Here Again” was a popular song back in the 1930s. Assemblers in many industries have been singing an updated version of the tune lately, because the new golden age of American manufacturing has begun.