Learn how the flow of costs impacts manufacturing firms, covering raw materials, work-in-process, finished goods, and cost of ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. For automotive suppliers based in Michigan and elsewhere, ...

American factory workers are some of the most productive and best paid in the world, but that success carries a brutal arithmetic: when labor costs are roughly ten times higher than in emerging ...

For years, we saw U.S. manufacturing move overseas, chasing cheaper labor and lower costs. It made sense at the time—why wouldn’t companies go where they could manufacture goods for less? But now, ...

American companies eager to bring manufacturing jobs back from overseas are hitting an unexpected roadblock that’s forcing them to abandon reshoring plans despite strong political support and supply ...

Doors for automobiles are assembled on a highly automated flex line at Forvia's manufacturing plant, in Saline, Michigan, March 4, 2024. Long used mostly for the “dull, dirty and dangerous” tasks in ...

For the first time since the Smoot-Hawley Act of 1930, tariffs are not just a tool of U.S. economic policy — they’re its most expansive and aggressively used tool. So far, markets have responded ...

Manufacturing production refers to methods used to manufacture and produce goods for sale. Read how efficient manufacturing production increases profits.

The current labor shortage in manufacturing shows no signs of going away for the foreseeable future. An oft-cited stat from the report by Deloitte and the Manufacturing Institute is jarring: If the ...

Intel Corporation is making a massive bet on its foundry business and it has invested tens of billions of dollars in building new facilities. The company has received strong backing by U.S. and other ...

President Trump’s push to shift tens of thousands of manufacturing jobs to the U.S. is raising concerns and costs for many American industries, and economists are expressing doubts about its long-term ...

Forbes contributors publish independent expert analyses and insights. I write about transforming businesses through technology & innovation. Now, suddenly, we’re at the precipice of making the science ...