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The manufacturing sector “is going to be a real positive” for the jobs market over the next two years, a veteran economist says, as factories will shake off their recent sluggishness and produce growth outpacing that of the economy as a whole. #CapEx #Manufacturing #ManufacturingNews

BMW Group and its material supplier, BComp Ltd., recently received the 2024 Altair Enlighten Award in the sustainable process category for a lightweight seat made out of flax fiber composites. The BMW M Visionary Materials Seat is produced with Bcomp’s ampliTex bio-based materials. The award-winning seat design re-envisions the manufacture and component materials to introduce a lighter, circular product that meets the demands of large-scale vehicle production. #CapEx #Manufacturing #ManufacturingNews

#MotivationMonday #Manufacturing #ManufacturingNews #CapExSales #Attitude #Success #Business

For a variety of reasons, union membership has declined over the past 40 years. According to the latest data from the U.S. Bureau of Labor Statistics, the union membership rate—the percent of wage and salary workers who were members of unions—was 10 percent in 2023, little changed from the previous year. The number of wage and salary workers belonging to unions, at 14.4 million, also showed little movement over the year. In 1983, the first year for which comparable data are available, the union membership rate was 20.1 percent, and there were 17.7 million union workers. #CapEx #Manufacturing #ManufacturingNews

A data-migration plot twist in Fisker’s bankruptcy case highlights a new generation of problem. #CapEx #Manufacturing #ManufacturingNews

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In today's competitive landscape, manufacturers are under increasing pressure to improve efficiency, reduce costs and enhance product quality. The convergence of private 5G networks in manufacturing and advanced analytics offers a powerful solution to these challenges. #CapEx #Manufacturing #ManufacturingNews

Boston Dynamics and Toyota Research Institute (TRI) are joining forces to accelerate the development of general-purpose humanoid robots. “There has never been a more exciting time for the robotics industry, and we look forward to working with TRI to accelerate the development of general-purpose humanoids,” said Robert Playter, CEO of Boston Dynamics. “This partnership is an example of two companies with a strong research-and-development foundation coming together to work on many complex challenges and build useful robots that solve real-world problems.” #CapEx #Manufacturing #ManufacturingNews

#MotivationMonday #Manufacturing #ManufacturingNews #CapExSales #Attitude #Success #Business