China has Rival as Factory Floor
Western companies are looking for a backup to China as the world’s factory floor, a strategy known as “China Plus One.” Only India has a labor force and internal market comparable in size…
Western companies are looking for a backup to China as the world’s factory floor, a strategy known as “China Plus One.” Only India has a labor force and internal market comparable in size…
Per WSJ, some companies that set out to build e-Commerce fulfillment services when pandemic-driven online sales boomed are now cutting back on their logistics ambitions. E-Commerce service provider Shopify, apparel retailer American Eagle…
The auto industry’s shift to electric vehicles (EVs) has triggered a scramble to lock in supplies of lithium, nickel, graphite and other materials core to battery making, much of which are currently mined…
Shipping tiny online orders in big boxes is getting closer to becoming a thing of the past. Big e-Commerce retailers are now using machines that make packages to custom fit the items being…
Construction of U.S. factories reached $108B in 2022, a new record. Much of the growth is in electric vehicle batteries and semiconductors, areas backed by government incentives, also from companies looking to increase…
A study by Oracle indicates that access to more information doesn’t necessarily lead to better decision making. While 83% of those surveyed agree that access to more data should make decisions easier, 86%…
The drive toward net zero will increase demand for lithium, cobalt and other minerals many times over. An offshore wind project uses nine times the minerals of a natural gas-fired power plant of…
Occidental is spending >$1B to build the first in a planned fleet of plants using direct-air capture to pull CO2 out of the air. The plan will help it reach net zero emissions…
Fortescue Future Industries (FFI) is partnering with Windlab on a project called the North Queensland Super Hub. Energy from the project will produce green hydrogen and feed renewable power to the Australian grid….
Firms are looking for factory space to cut dependence on China. Countries like India, Mexico, Vietnam and Cambodia are competing on subsidies, tax breaks and other perks to lure those companies. Per the…