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U.S. manufacturers continue to adapt to a business environment reshaped by a raft of challenges--and emerging opportunities. In 2024, the industrial sector faced a mix of hurdles, including persistent inflation, labor shortages, and geopolitical tensions, not to mention strike activity in the transportation equipment sector. As manufacturers adapt, many are turning to IndustryNet, the free industrial marketplace, to connect with suppliers and meet their evolving needs. What were they searching for? Let's take a look:
...(Full Article)
Material handling is a vital yet frequently ignored factor in the profitability of manufacturing and distribution operations. Whether manual, semiautomated or fully automated, effective use of material handling equipment positively impacts profits at many levels. It reduces damage and increases customer satisfaction by promoting swifter shipping.
Appropriate material handling equipment and procedures have a significant effect on both the health of workers and a company's bottom line. They can both decrease medical costs, including employee compensation claims, and reduce insurance premiums.
According to data gathered by IndustryNet, yearly sales in the material handling industry are $4.5 billion. The 5,927 companies reporting their statistics provided 260,575 jobs. Material handling ...(Full Article)
According to new data reported this week by IndustryNet, West Virginia's manufacturing workforce shrank for yet another year, though the rate at which the state is losing jobs appears to be slowing. Policy shifts crafted by the new administration could have a major impact on West Virginia manufacturing, and steady improvements in the state's business climate may also serve to boost industrial production in the years to come.
This post will explore major trends in West Virginia manufacturing, delving into city, county, and regional data. We'll also examine some of the major announcements over the past several years, and assess the state's outlook in light of new Trump Administration policies - particularly in the ailing coal industry.
The year in review
West Virginia manufacturer...(Full Article)
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