As you may have heard, the die casting industry expects huge growth in the coming years. While this is exciting news, the industry will face significant challenges to keep up with this anticipated growth. The Die Casting Industry is Thriving Industry growth is never a bad thing, but it can present some hurdles. Exactly how … Read More
The labor shortage crisis is real and widespread, and it’s not going away any time soon. The Association for Advancing Automation (A3) recently cited Deloitte Insight’s prediction that 2.1 million U.S. manufacturing jobs will be vacant in 2030. A3 went on to explain that labor shortage is global, and that the manufacturing giant, China, is … Read More
A recent article from Automation.com reviewed a report by Interact Analysis with forecasts for the global industrial automation market. The article notes that “global economic volatility and supply chain disruptions” due to Covid have caused “project delays and decreased spending on automation projects.” Yet Interact Analysis predicts an average growth rate of 5 – 7% … Read More
A recent article from Michigan State University asks some timely questions: “How can automotive manufacturers optimize their supply chains?” “What are some strategies that companies can put in place to reduce product and part shortages?” “How can companies keep up with technological advancements in the supply chain?” We thought these were excellent questions, and so … Read More
All indications are that America’s industrial reshoring trend will accelerate through 2023 and beyond, and that reshoring’s financial justification will be driven in large part by factory automation. According to recent Forbes / Zogby research: Half of America’s manufacturing company CEOs plan to further reshore operations in 2023. More than 70% of CEOs are … Read More
A recent article posted by A3 (the Association for Advancing Automation) highlighted the 2022 record-breaking surge in robot sales in North America, demonstrating robotic manufacturing’s important role in the advancement of many industries. According to A3, “North American companies ordered 44,196 robots valued at $2.38 billion last year, representing increases of 11% and 18%, respectively, … Read More
Wes-Tech is planning to attend the Automate show, to be held from May 22 – 25, 2023 at Huntington Place Convention Center in Detroit, MI. In planning for the show, we came across an insightful blog post by the team over at Automate about how automation helps lower costs. The issue: Numerous financial challenges in … Read More
With our sights firmly set on the successes to come in 2023, this is a good time to ensure we have also learned from past years. Wes-Tech is committed to continued innovation in manufacturing automation applications, and so we were drawn to this recent post from Visual Capitalist which maps the most innovative economies in … Read More
Industrial companies make products that shape our daily lives, such as clothing, food, and products used in the construction of the buildings and roads we use every day. According to Kim Borden, a Partner in the Chicago office of management consulting firm McKinsey & Company, a wide variety of companies are leading innovation in manufacturing … Read More
Manufacturers are increasingly benefiting from greater efficiency, reduced risk, and opportunity for innovation made available by the automation revolution. In addition, as we discussed in our recent post about the rising cost of labor, the current environment in the U.S. has made it even more challenging to hire and retain the number of workers needed … Read More