Shinmei Co. Ltd., one of Japan’s largest rice millers and distributors, today formally announced that it will build a $10 million, 28,000-square-foot U.S. headquarters and production plant on six acres in West Sacramento’s Southport Business Park.
The Future of Manufacturing report identified a number of factors that will shape the future of competition between countries and companies. Three areas rose to the top as the most critical: human capital and talent development; innovation and technology advancement; and strategic use of public policy emphasizing collaboration between policy-makers and business leaders.
These 12 heavyweights are among 75 corporations and trade groups that have weighed in on one piece of legislation pending in the U.S. Senate. At least in part, the bill is intended to thwart California’s latest foray into the regulation of interstate commerce.
US factory activity expanded last month at the fastest pace in 2 ½ years, an encouraging sign that manufacturing could lift economic growth and hiring in the coming months.
After 10+ Years of Losses, California Posted its First Back-to-Back Years of Manufacturing Job Gains in 2011 & 2012.
Unconventional oil and natural gas activity is reshaping America’s energy future and bringing significant benefits to the US economy in terms of jobs, government revenues, and GDP. This study provides the foundation for a dialogue focused on the still-evolving but transformative economic effects of this unconventional revolution.
New Report Shows Shale Development Supporting Millions of Jobs and Boosting Income and Trade
Washington, D.C., September 4, 2013 – According to a report released today, the United States will continue to reap enormous economic and job-creation benefits from domestic oil and shale gas production.
SB 54 (Senator Loni Hancock) is just such a bill. It purports to be about safety but in fact could increase risks, displace highly skilled workers with excellent safety records, and remove the flexibility of employers to hire the best available workers. SB 54 would establish arbitrary training requirements that would force refinery and chemical facilities to choose a large percentage of their workers from the membership of a single union, and to pay those workers government mandated wages.
As several new private ventures to take people on trips to space come closer to becoming reality, California lawmakers are racing other states to woo the new space companies with cushy incentives.
Export manufacturing has recently become the unsung hero of the U.S. economy. Despite all the public focus on the U.S. trade deficit, little attention has been paid to the fact that the country’s exports have been growing more than seven times faster than GDP since 2005. As a share of the U.S. economy, in fact, exports are at their highest point in 50 years.
One of the biggest obstacles facing Americans today is a lack of opportunity and social mobility. While we have entry-level and high-end jobs, we have lost the jobs in the middle that helped each generation of Americans do better than the one before it. Some call this an “hourglass economy”; I tend to think of it as a canyon being hollowed out between the two ends of the job market.
Within five years, higher manufacturing exports due to a widening cost advantage over China and other major economies could add $20 billion to $60 billion in output to Mexico’s economy annually. And thanks to the North America Free Trade Agreement (NAFTA), U.S. manufacturers of components for everything from automobiles to computers assembled in Mexico also stand to benefit, according to new research by The Boston Consulting Group (BCG).
The 2013 Manufacturing and Logistics National Report shows how each state ranks among its peers in several areas of the economy that underlie the success of manufacturing and logistics.
At least one business group is happy with Gov. Jerry Brown’s new economic plan. California’s manufacturers are delighted with the governor’s new reforms, especially the new statewide sales tax waiver for buying new industrial equipment.
The purpose of this report is to measure the economic importance of the U.S. shipbuilding and repairing industry.