Tag: COVID-19

February 2, 2022

As the manufacturing industry in North America undergoes its fourth evolution—the so-called Industry 4.0 period that began before the global pandemic and accelerated in response to many societal challenges posed by COVID-19—technological advancements are significantly impacting the design of manufacturing […]

January 26, 2022

In 2021, Airbus Helicopters logged 419 gross orders (net: 414) showing solid signs of recovery from the 2020 market situation which was heavily impacted by the economic consequences of the COVID-19 pandemic. (2020 – 289 gross/ 268 net orders). The […]

January 12, 2022

Biopharmaceutical firm Pardes Biosciences Inc. plans to spend a large chunk of the funds it raised through a public offering late last month on a pill it is developing to treat Covid-19, including on manufacturing and hiring more clinical staff. […]

January 11, 2022

China’s car market snapped a three-year decline last year, helped by strong sales of electric vehicles, though the global chip shortage and Covid-19 outbreaks in the country disrupted some production. Sales of passenger cars in 2021 rose 4.4% from a […]

January 5, 2022

Since the early days of the COVID-19 pandemic, our team has kept a running list of N95 and other kinds of masks that are Made in the USA. Now, as the omicron variant continues to spread, and at-home testing becomes […]

December 21, 2021

In the race to combat the global COVID-19 pandemic, the distribution of coronavirus test kits became a very high priority. For mass production of plastic test kit components, manufacturers could not afford metrology processes to become bottlenecks. Verus Metrology Partners […]

December 1, 2021

Exxon Mobil Corp. said Wednesday it will maintain a conservative budget for the next five years as the outlook for oil and gas demand remains murky while coronavirus-led economic risks persist and some countries attempt to wean themselves off fossil […]

October 12, 2021

Toyota Motor Corp. in December wants to restart production that has been curtailed by component shortages after a rebound in shipments from pandemic-hit suppliers. The move may help the automaker regain about a third of output lost to supply disruptions, […]

October 5, 2021

It does not seem possible that 80% of the world’s workforce (2.7 billion people) could be largely neglected by the big tech companies, but it’s true. These are the individuals behind the scenes, working on production lines, delivering goods, servicing […]

September 16, 2021

The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron Corp.’s top executive. “There are things that are interfering with market signals right now […]

September 15, 2021

For next year, there remains uncertainty in the supply chain, said Malcom Penn, founder and CEO of Future Horizons. This is due to an increase in capex in the second half of 2020, which could result in a supply surge […]

September 14, 2021

Vehicle home delivery is in continued high demand, particularly as the COVID-19 pandemic continues and the delta variant spreads across the country. Customers expect retailers to provide options when it comes to shopping for and purchasing a vehicle – and […]

September 13, 2021

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher. Whether it is giant […]

August 30, 2021

While a slight majority (51%) of manufacturers encourage their employees to get a COVID-19 vaccine, only 2% said they require vaccinations and only 8% said they are incentivizing employees to get vaccinated, according to a new industry report from Sikich. […]

August 10, 2021

The COVID-19 pandemic furthered the known skilled workforce shortage within the American manufacturing industry. According to a May 2021 report by Deloitte, the manufacturing industry is currently trying to fill nearly half a million job openings, a number that is […]

July 12, 2021

1-in-5 manufacturing companies in the U.S. and U.K. have been victims of a cyberattack in the last 12 months, according to the 2021 Manufacturing Cybersecurity Threat Index released by Morphisec. Of the 1-in-5, nearly a quarter (24%) report that cyberattacks […]

July 9, 2021

It seems the hits just keep on coming for global manufacturers. After a year of massive COVID-driven upheaval in the global supply chain, the Ever Given’s six-day blockade of the Suez Canal snarled passage for more than 400 ships and […]

July 9, 2021

What a difference a year makes for Abbott’s COVID-19 testing business. Abbott in May 2020 announced it was expanding its Maine workforce to Westbrook to ramp up production of rapid coronavirus test kits by leasing a former sporting goods distribution […]

June 30, 2021

We’ve hit the 100-day mark of Biden’s enforced supply chain review. The executive order is a welcome first step in the fortification of U.S. supply chains, especially when you consider 35% of manufacturers are likely to be disrupted over the […]

June 28, 2021

Abbott is betting that frequent rapid COVID-19 testing at work, school and home are critical to enabling European economies to fully reopen and to allow daily life activities to resume. With CE mark approval for the direct-to-consumer Panbio, the diagnostics […]