The latest reports show that Japan looks good as the main Asian manufacturer of the latest Boeing model. The latest move is a continuation of the agreement with Boeing that has seen Japan building its planes for almost two decades.
As of May 1, infant formula manufacturers will face new, stricter regulations by the Chinese government. Analysts expect the move will primarily affect infant formula companies based in New Zealand.
Analysts believe several factors are now coming together to rekindle the British economy, and manufacturing is at the top of the list with confidence soaring as companies return to top production rates.
In the latest report from Global Post, “Japanese carmaker Toyota said employees at its strike-hit complex in southern India returned to work Tuesday [April 22], ending a five-week standoff.” The Bidadi Toyota plant was recently under fire by its own employees. The workers cited pay issues that stemmed from an eight-day lockout that took place…
Economists are gaining confidence in Canada’s manufacturing sector. February was a particularly strong month for auto and energy manufacturing. The latest numbers show the country may be on its way out of the economic slump that has weighed heavily on all its industries since 2008.
According to a report by the Wall Street Journal, on April 16, GE, “[…] announced its first micro-factory, FirstBuild(TM), will be in Louisville, Ky., GE Appliances’ headquarters. This follows the March 13, 2014, announcement that GE is partnering with Local Motors, the open-source hardware innovator, to create a new model for the manufacturing industry.”
Japan and Australia recently finalized a trade agreement that was seven years in the making. The trade deal is set to decrease duties on Australian agricultural products – a move that benefits Japan. Additionally, Australia will see deals in future purchases of Japanese electronics.
According to a recent Gulf News report, “Dubai FDI, the investment development agency in the Department of Economic Development (DED) has assisted one more multinational move to Dubai for broader market access and expansion with Lindt & Sprungli, the famous Swiss manufacturer of premium chocolates, establishing its representative office in the emirate.”
The Environmental Protection Agency (EPA) has set forth a bill to ban wood-burning stoves, a move that could dampen fires for many stove manufacturers across the United States.
China’s March manufacturing numbers are out and the data shows that the country’s economy is weak, but not completely doomed. Some analysts see the latest numbers as a light at the end of a long, eight-month tunnel. The most recent evaluation of the purchasing managers’ index (PMI) in March shows a slight increase at 50.3…