Closing US Manufacturing Trade Deficit Would Create 1.3M Jobs, Says Tech Think Tank
The prevailing narrative says automation was the main culprit behind U.S. manufacturing job losses in the early 2000s, and that automation is now powering an unprecedented manufacturing technology revolution that will continue to displace jobs. But a new report from the Information Technology and Innovation Foundation (ITIF) finds that both of these claims are false.
ITIF, a leading tech-policy think tank, finds that trade pressure and faltering U.S. competitiveness were responsible for more than two-thirds of the 5.7 million manufacturing jobs lost between 2000 and 2010. And rather than entering a "fourth industrial revolution," U.S. manufacturing productivity growth is actually near an all-time low. In light of these facts, ITIF concludes that U.S. policymakers should aim to close the country's trade deficit in manufactured goods by fighting foreign mercantilism and pursuing a national competitiveness agenda that hinges in part on boosting manufacturing productivity rates. The report estimates that successfully closing the manufacturing goods trade deficit this way would create 1.3 million jobs. Full Press Release:
Industry 4.0 Ushers in a New Era of Manufacturing Intelligence
Industry 4.0 and the Internet of Things are far more than technology buzzwords; instead the possibilities of these technologies are almost impossible to imagine and overestimating their potential is difficult.
Microsemi Unveils Industry's Lowest Power Cost-Optimized FPGA Product Family for Access Networks, Wireless Infrastructure, Defense and Industry 4.0 Markets
New PolarFire FPGAs Deliver 500K Logic Elements, 12.7G Transceivers at Up to 50 Percent Lower Power Than Competing Mid-Range FPGAs
Honeywell And Seeq Collaborate To Help Industrial Customers Become Safer, More Efficient And More Reliable
Integration Adds Powerful and Innovative Analytics Tool to Honeywell's Connected Plant Program
U.S. Manufacturing Technology Orders Finish 2016 Down 4.0 Percent
In addition to those indicators, two other measures suggest a likely boost in capital spending for equipment and machinery: cutting tool consumption and spending from machine shops.
Manufacturers raise investment in next-gen tech, survey says
Dustin Walsh for Crain's Detroit Business: U.S. manufacturers are rapidly boosting investment in advanced digital technologies, according to a survey to be released Monday by Troy-based technology business association Automation Alley. The survey coincides with the association's 2017 Technology Industry Outlook event on Feb. 13 at the Detroit Institute of Arts. Nearly 400 manufacturing and technology business leaders are expected to attend.
According to the survey, 85 percent of U.S. manufacturing executives responded they plan to increase existing budgets for new technologies, with nearly a third planning to increase budgets by up to 15 percent. More than half of the respondents said they have a dedicated budget to technologies described as Industry 4.0, with the top three being cloud, cybersecurity and data analytics. Cont'd...
KUKA Introduces KUKA Marketplace and KUKA Connect
The KUKA Marketplace allows customers to purchase and browse new KUKA products while providing user guides and videos for additional information.
New Low-cost Servo/Stepper-Driven Miniature Positioning Stage
Its only 22.5mm wide and easily configurable in XY / XYZ combinations without adapter plates.
S. Korea's Hanwha to develop smart factory platform
Pulse News: South Korea’s leading conglomerate Hanwha Group plans to venture into the smart factory business, joining the burgeoning market dominated by General Electronics Co. (GE) and Siemens AG in the transitional age of industry and society heading towards full automation and practical robotics applications.
According to a senior official at Hanwha Wednesday, the group recently formed a task force team dedicated to the development of hardware and software that can help to make factories smarter, cost-efficient, and more productive through increased computing systems. Hanwha Techwin Co., the group’s defense and aircraft engine making unit, will first come up with a pilot model in automating factories that would be applied to other manufacturing subsidiaries. Cont'd...
Global Motion Control Shipments Grow 10.3% in 2016
Global shipments for motion control products increased by 10.3% to $3.3 billion in 2016, according to new statistics released by the Motion Control & Motor Association (MCMA), the industrys trade group.
Mitigate Risk with Flexible Automation
Self-driving vehicles (SDVs) break free of magnetic strips and pre-programmed routes, unlike their autonomous guided vehicle (AGV) brethren
Panasonic: World's First*1 Organic CMOS Image Sensor with Electrically Controllable Near-Infrared Light Sensitivity
This technology enables to switch between modes of color imaging*2 and NIR imaging frame by frame without a mechanical IR cut filter required for conventional image sensors. This contributes to miniaturizing a camera system and improving the robustness.
BuildIT Releases Latest Version of 3D Metrology Software - BuildIT 2017
BuildITs latest version streamlines processes for increased manufacturing productivity
Bulgin launches M-Series automation interconnects
Bulgin has launched a new range of industrial automation components which have been designed to offer flexible connectivity solutions for a variety of rugged automation applications.
Los Angeles-Based Clean Energy Smart Manufacturing Innovation Institute Launched
Ray Collett Named as CEO
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