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Automotive, Aerospace and Light Manufacturing
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While no one can predict the ultimate impact tariffs will have, there’s good news on the reshoring front: experts Harry Moser and Sandy Montalbano say reshoring and foreign direct investment job announcements in 2018 reached the second highest annual rate in history. We’ve also tapped the expertise of Dustin Jones with Ginovus to talk about diversification in the automotive industry, and for our aviation/aerospace feature, we called on Scott Thompson of PwC. Check out our focus on Light Manufacturing and Top Sites for Business Growth, and spotlights on Michigan, Georgia, Kansas and Mississippi. Read more...

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Automotive, Aerospace and Light Manufacturing
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The Lynchburg Regional Business Alliance is a five-star accredited chamber of commerce and regional economic development organization serving the Lynchburg, Virginia Region. The organization is committed to the retention and growth of the region’s existing economic base while simultaneously attracting new business and industry to the region. ....read more
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Diversification—and Survival—in the Auto Industry
Diversification—and Survival—in the Auto Industry Traditionally, in the auto industry, the concept of diversification has applied mainly to product mix, overreliance on profit-leading models, single markets for suppliers and utilization of a disproportionate share of localized labor forces. Weaknesses in these areas have periodically been exposed by softening demand during cyclical downturns. Read more...
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How the Aviation Industry Can Benefit from Blockchain Technology
In the aerospace and aviation industries, one growing area of innovation that has yet to be fully explored is blockchain technology. Experts agree that sharing data about aircraft history, maintenance and operations will allow aviation companies—and the industry overall—to realize efficiencies and savings and to optimize performance and safety. Read more...
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How the Aviation Industry Can Benefit from Blockchain Technology
How Will Tariffs Impact Reshoring in 2019?
How Will Tariffs Impact Reshoring in 2019? In 2018, the combined announcements of reshoring by U.S. companies and related foreign direct investment (FDI) by foreign companies remained strong, adding more than 145,000 jobs, with an additional 36,000 in revisions to the years 2010 through 2017. The number of companies reporting new reshoring and FDI was a record 1,389, up 38 percent from 2017. Read more...
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Light Manufacturing Provides a Heavy Lift for Economic Development
Light manufacturing’s impact throughout the U.S. is anything but featherweight. To attract and retain businesses in light manufacturing, communities are offering workforce programs and promoting advantages such as easy logistics, proximity to raw materials and markets, Opportunity Zone designation and more. See what’s happening around the country. Read more...
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Light Manufacturing Provides a Heavy Lift for Economic Development
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