Market Moves: Manufacturing - Oct 7th, 2023
 
 
The industry is grappling with power struggles
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October 7, 2023
From the Editor

Hello and welcome back to Market Moves Manufacturing, a biweekly newsletter covering the latest news from Endeavor Business Media brands. In this edition, the top story and top half of this newsletter focuses on some sector problems (some very real and others not so much). At the forefront of everyone’s minds is, of course, the UAW strike, which has gone on for three weeks. As you’ll read, this strike may be exactly what the industry needs, although the losses are already mounting. You’ll also find a comprehensive explanation on the controversy surrounding the Right to Repair, the risks posed by cybercrime to small manufacturers, and the capabilities of a coin-sized robot. It’s a packed edition (we didn’t even get to address the unapproved plane parts controversy), and I hope you enjoy.

Enjoying this newsletter? Interested in similar ones about energy, EVs, cybersecurity or infrastructure? Check out our full market moves lineup Market Moves right here.

-        – Jennifer Ramsay

… and so was the GM strike in 2019, almost a year in advance, thanks to game theory.
From IndustryWeek
https://img.industryweek.com/files/base/ebm/industryweek/image/2023/09/16x9/work_life_balance.6511f57da9c32.png?auto=format%2Ccompress&w=320
Enacting a more tolerable work week with better compensation could help solve some of the people problems manufacturers currently face.
From Plastics Machinery & Manufacturing
https://img.plasticsmachinerymanufacturing.com/files/base/ebm/pmm/image/2023/10/United_Auto_Workers__logo_.svg.651ed67765fd2.png?auto=format%2Ccompress&w=320
The Motor & Equipment Manufacturers Association poll respondents said layoffs could come by mid-October; 30 percent have already laid off workers.
From Fleet Maintenance
https://img.fleetmaintenance.com/files/base/ebm/fm/image/2023/09/16x9/dreamstime_xxl_182123043_edit.65033098763ec.png?auto=format%2Ccompress&w=320
The right-to-repair debate heated up this summer with NHTSA even joining the fray between OEMs and the aftermarket. Can compromise, or at least some sensible legislation, be reached?
From Electronic Design
https://img.electronicdesign.com/files/base/ebm/electronicdesign/image/2023/09/Robot_dreamstime_l_113031130.6508bd8b7d2af.png?auto=format%2Ccompress&w=320
People have warned about robots gaining sentience and posing a threat to humanity for decades, and recent advances revived fears that robots will make human workers obsolete. Both concerns are overblown—robots aren’t that advanced and are here to help.
More from Plastics Machinery & Manufacturing
https://img.plasticsmachinerymanufacturing.com/files/base/ebm/pmm/image/2023/09/Kron.64fb88b96d826.png?auto=format%2Ccompress&w=320
Advocate Erich Kron of KnowBe4 details ways criminals might access your data.
More from IndustryWeek
https://img.industryweek.com/files/base/ebm/industryweek/image/2023/10/16x9/periodic_table.651b13f2073f9.png?auto=format%2Ccompress&w=320
Recent advancements in materials engineering are easing the path to more sustainable, economical alternatives.
From Plant Services
https://img.plantservices.com/files/base/ebm/plantservices/image/2023/09/Itsy__bitsy__teenie__weenie_MilliMobile_robot_runs_on_light_and_radio_waves.6517117f30b2e.png?auto=format%2Ccompress&w=320
What if you could deploy a micro robot no bigger than a coin to investigate issues at your facility and wirelessly transmit data from attached sensors to help you make more informed decisions?

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