The economics of tariffs are relatively complicated, and the research conducted in the free trade era may be less applicable today. In 2017, former President Obama’s economists published an article stating that “US tariffs are an arbitrary and regressive tax.’ While the rich pay more...
“Teamwork is not a preference, it is a requirement.” John Wooden You know a great team when you walk into their environment. When good teamwork is present you see it, hear it, and feel it when you meet the people, walk through their space, listen to...
USA Sealing manufactures and distributes a broad selection of products for sealing and flow products, including seals, gaskets, tubing, and fittings. If you need raw material, we stock all shapes of plastics, rubber, foam, and many other materials that can be used to fabricate finished...
Volvo Trucks is collaborating with DFDS, a ferry and logistics company, to implement a transportation system using their new autonomous EV, Vera. Vera will move goods from DFDS to a port terminal in Gothenburg, Sweden, while being monitored by an operator. The autonomous solutions are...
Lean manufacturing concepts have been around since the late 1980’s. If you have questions about the basic tenets of lean and how is plays into a continuous-improvement strategy, check out this MMSonline article. Lean manufacturing is focused on the identification and elimination of waste. Waste is...
Do you have trouble remembering names? Check out this Science of People’s post on a technique that will help you remember someone’s name. Participants in an Emory University study found they could improve their recall ability by up to 69% using a visual attachment trick....
Recently we toured our manufacturer, Clow Stamping Company (www.clowstamping.com), and it was great to see the implementation of robots to their manufacturing floor. They were driven to this investment partly by the efficiency they gained, but mainly by the labor shortage they are seeing in...
Vice President Pence visited Canada to encourage Prime Minister Trudeau to fast track the ratification of the new U.S.-Mexico-Canada trade deal (USMCA). Lawmakers will need to act quickly, as Parliament adjourns in June. “The USMCA is not only a huge economic boon to the U.S.,...
The U.S. has enjoyed a long history of innovation that has fueled the rational exuberance of the economy. Three important innovations fueled our R&D dominance: the Internet, the microchip and the computer. Those concepts were developed through a triad - the alliance of business, government...
Manufacturing output contracted for the second month in 2019, the first back-to-back declines since mid-2017. Weakened output industries included motor vehicles, furniture and machinery. Retail sales and housing sales numbers are also down in 2019, signaling a loss of economic momentum in 2019. There isn’t...