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Manufacturing Takes a Starring Role in President Obama's Sixth State of the Union Address
AP Photo/Charles Dharapak
Last night, President Obama delivered the sixth State of the Union address of his presidency on Capitol Hill in Washington, DC. And the manufacturing sector took a starring role.
Here are some highlights of the manufacturing-focused portions of the speech -
First, President Obama opened his speech by recounting some successes of recent years and crediting the American people. "Here are the results of your efforts," he said. Third on the list - "A manufacturing sector that’s adding jobs for the first time since the 1990s." In addition, he said, "for the first time in over a decade, business leaders around the world have declared that China is no longer the world’s number one place to invest; America is."
"That’s why I believe this can be a breakthrough year for America," he said. "After five years of grit and determined effort, the United States is better-positioned for the 21st century than any other nation on Earth."
Secondly, a little while into the speech, Obama returned to manufacturing saying, "We also have the chance, right now, to beat other countries in the race for the next wave of high-tech manufacturing jobs." He noted that his administration has launched two hubs for high-tech manufacturing and announced the intended launch of six more this year. He also explained that bipartisan bills already in both houses could increase the number of hubs and the number of jobs created. "Get those bills to my desk," he demanded of Congress, "and put more Americans back to work."
As a side note, several articles published in recent days counted up Obama's promises in last year's SOTU and scored his accomplishments. Many (including The Washington Post) noted last year's promise to launch three "manufacturing hubs, where businesses will partner with the Department of Defense and Energy to turn regions left behind by globalization into global centers of high-tech jobs.” Further, the president asked Congress to "help create a network of 15 of these hubs and guarantee that the next revolution of manufacturing is made right here in America."
Looking at the text of Obama's speech last night, we can see that only two hubs have yet been opened, but that bipartisan support exists to open more.
Finally, President Obama also used last night's speech to discuss the importance of developing a workforce with the necessary skills to compete in today's manufacturing sector. Obama said that he has asked Vice President Biden to "lead an across-the-board reform of America’s training programs to make sure they have one mission: train Americans with the skills employers need, and match them to good jobs that need to be filled right now." Specifically, Obama said, training programs should offer "more on-the-job training, and more apprenticeships that set a young worker on an upward trajectory for life." Importantly, he said companies need to be connected to community colleges which "can help design training to fill their specific needs."
We were pleased to see manufacturing take center stage during last night's speech and hope the trend will continue into 2014.
You can read the full text President Obama's speech or watch a video on the White House website.
President Trump yesterday signed a proclamation placing tariffs of 25 percent on steel imports and 10 percent on aluminum imports. Mexico and Canada are exempted from the tariffs for now. The tariffs take effect at 12:01 a.m. on March 23. The President’s action is the result of recommendations from two Section 232 (national security) investigations conducted by the U.S. Commerce Department.
According to the proclamation, within 10 days, the Commerce Department will announce the process for filing a request for an exclusion for steel and aluminum products not available in the U.S.
These tariffs will place at risk the jobs of millions of Americans who are employed in the metalforming, metal stamping and other U.S. industries that use steel. Restricted availability and increased costs for raw materials will likely lead to current customers sourcing finished products from overseas competitors, who will produce them with foreign steel or aluminum and import them tariff-free.
Blogger: Kathy Kiernan Senior
Vice President & Managing Partner, APPI Energy Retail electricity prices are largely driven
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almost always natural gas. Therefore, the amount you pay per kWh is determined
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trends in natural gas prices. Gas prices, however, are significantly more
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Guest Blog: Laurie Harbour President and CEO, Harbour Results, Inc.
In 2016 the U.S. manufacturing industry was relatively stable with overall production slightly up from previous years. Specifically, the automotive tool and die industry was predicted to be busy with forecasted tooling spend on the rise. However, taking a closer look, the year proved to be a bit more challenging. Data collected through the Harbour Results’ Harbour IQ pulse survey (a business intelligence tool for performance, financial, operational, trend and market data), which was completed by more than 100 tool shops globally in the second quarter of 2016, has shown that capacity reached a low of 81 percent among die shops in late 2015 and early 2016, but was expected to rebound to 78 and 86 percent respectively by year end.
So what caused the slow down? Program delays—on average, just over 20 percent of vehicle launches were delayed in 2015 and 2016. Work on hold—in early 2016, 18 percent of all work that had been …