Elk Grove Village, located adjacent to O’Hare airport, is home to the largest industrial park in the U.S. with over 62 million square feet. Over 3,600 business call this city home and it’s the second largest manufacturing workforce in the state....More
To measure manufacturing industry health, the group include three variables: the share of total income earned by manufacturing employees in each state, the wage premium paid to manufacturing workers relative to the other states’ employees, and the share of manufacturing employment per capita.
Manufacturing in China would allow the company to avoid a 25% import levy, making its electric vehicles more competitive against luxury-brand rivals, such as BMW and Audi, as well as local offerings by BYD Co. and BAIC Motor Corp....More
Toyota said "free access to the European Market is of critical importance" for its UK operations since 90% of the company’s vehicles made in the UK are exported and 75% is made for our customers in the EU....More
The "Digital Foundry" will hire 250 people by 2018 to work on its industrial operating system Predix. The center is part of a commitment by GE to create a net 1,000 jobs in France following its acquisition of Alstom SA’s energy division....More
“Many of our current partners are based here, so having a local facility will help us collaborate more easily and access Michigan’s top talent in vehicle development and engineering,” the company said....More
If Apple wants to open brick-and-mortar stores in India, it will have to locally source at least 30% of its parts. “The government’s decision will have a pretty profound effect on Apple, because having complete control has been key to Apple’s strategy.”...More
The South African government’s auto-incentive program has attracted companies including Toyota, Ford Motor Co. and BMW AG to set up factories and invest in creating jobs in an economy with an unemployment rate of more than 26%....More