In the face of recent tariff declarations affecting imports from Canada, Mexico, and China, the packaging industry finds itself at a crossroads. Executives from leading packaging companies have shared their insights on the challenges and strategies amid potential trade wars during various earnings
The Contract Development and Manufacturing Organization (CDMO) sector is undergoing a remarkable transformation as a result of significant geopolitical shifts in 2024. These transformations are exerting considerable influence on supply chain dynamics, regulatory landscapes, and market strategies,
Accenture's recent acquisition of German management consulting firm Staufen AG signals a significant move aimed at enhancing operational excellence within the manufacturing and supply chain sectors. Amid ongoing supply chain disruptions, geopolitical conflicts, and fluctuating tariffs,
RHI Magnesita's recent acquisition of Resco Group marks a significant milestone in the company's strategic expansion in North America. This $410 million investment, the largest since RHI and Magnesita merged in 2017, is poised to enhance the company’s presence and operational capabilities across
Managing food recall responses is a critical aspect of the food manufacturing industry. With the increasing frequency of nationwide recalls, outbreaks like bird flu, and subsequent shortages, it is imperative for food manufacturers to have a robust risk management strategy. Alan Ingrassio, an
The US manufacturing sector is showing signs of a potential positive shift after a two-year global slump. This development is noteworthy because the manufacturing sector has seen a downturn, making signs of revival significant not only for the economy but also for investor sentiment. The
