Market Moves: Manufacturing - Jan 20th, 2024
 
 
A Canadian start-up could be key in the next phase of machine learning.
Market Moves: Manufacturing | View online
 
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January 20, 2024
From the Editor

Hello and welcome back to Market Moves Manufacturing, a twice-monthly newsletter covering the latest news from Endeavor Business Media brands. In this edition, we start off with an examination of the CHIPS Act and who it may be actually benefiting. Industrial automation is also top of mind due to supply chain issues, a looming skills shortage, and the part robots can play in keeping workers safe. 

If you enjoy this newsletter, particularly our offerings about the supply chain, consider subscribing to EBM’s latest addition to the Market Moves family focused solely on the supply chain right here.

– Jennifer Ramsay

 

The future of semiconductors is all about innovation but that's not a priority of U.S. funding.
Sponsored

The Ultraprobe 15,000 uses ultrasound to analyze everything from bearings and electrical systems to steam traps and leaks, making it the perfect all-around instrument to add to your facility. With an intuitive, built-in touch screen, this single hand-held tool can easily test and report on every aspect of a plant’s equipment in a faster, safer, and more reliable way.

https://img.controldesign.com/files/base/ebm/controldesign/image/2024/01/65a02820de3c24001e00c81d-beckhoff_warehouse_investments_2023_print.png?auto=format%2Ccompress&w=320
The supply chain crisis over microelectronics was largely thwarted in 2023, but it took patience, planning and some creative engineering.
https://img.mhlnews.com/files/base/ebm/mhlnews/image/2024/01/659ffcc9b39e67001eb28ddd-supply_chain_visibility_80107509__kamonrutm_.png?auto=format%2Ccompress&w=320
A Gartner survey found companies will, on average, allocate 5.8% of their budgets to the technology.
https://img.plantservices.com/files/base/ebm/plantservices/image/2023/12/6584b3adbc03f1001e43ec3e-steps_to_address_the_critical_skills_shortage_in_i.png?auto=format%2Ccompress&w=320
The rate of unfilled positions in industrial maintenance is as high as 30%, and more than a fourth of the current workforce will soon retire.
https://img.ehstoday.com/files/base/ebm/ehstoday/image/2024/01/65a6a0c927a230001e7fc117-robot_and_human__218496789__biancoblue.png?auto=format%2Ccompress&w=320
Remote-controlled robots offer high value for confined entry inspections, working from height and hazardous material handling.
https://img.plantservices.com/files/base/ebm/plantservices/image/2024/01/65931dde87adcf001e8b04f9-investing_in_american_manufacturing__2024.png?auto=format%2Ccompress&w=320
Selecting the right location is a critical, yet complicated part of building a new facility or expanding on an existing one.
https://img.americanmachinist.com/files/base/ebm/americanmachinist/image/2024/01/65a40c43a835fe001e399623-firstb737max8promo.png?auto=format%2Ccompress&w=320
Federal regulators will investigate Boeing and its suppliers' quality standards, threatening Boeing's authority to supervise compliance.
https://img.newequipment.com/files/base/ebm/newequipment/image/2024/01/659db8f763483c001e72448a-adobestock_561372308.png?auto=format%2Ccompress&w=320
Xaba plans to establish a new robotics lab and develop its sustainable manufacturing platforms.

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