$20M fund targets manufacturing reshoring

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May 11, 2017

Working with the Reshoring Initiative, the recently formed Return One Million Jobs (ROMJ) organization hopes to raise $20 million to encourage companies to bring 1 million manufacturing jobs to the U.S. from other countries. The project plans to use cost studies and data analytics to help companies compare the costs of supplying the U.S. from overseas versus producing locally.

Carl Carstensen, a former IBM global industrial consultant who retired after 37 years, is leading the project.

“I’ve seen so much off-shoring in my career. Although lower labor rates encouraged tens of thousands of manufacturers to relocate production, total cost comparisons today may encourage as many as 25% to return jobs to the U.S.,” Carstensen says. “Data analytics may find additional cost reductions as well as an increase in return-incentives.”

Harry Moser, founder of the Reshoring Initiative, says, “Funding by ROMJ will allow the Initiative to support ROMJ’s efforts and dramatically increase our own promotion of reshoring and support of companies considering reshoring.” www.reshorenow.org; www.returnomj.com

HANNOVER MESSE 2017 ends, Mexico set as 2018 partner country

A record 225,000 people attended Germany’s HANNOVER MESSE trade show in April 2017, an increase from 217,000 in 2015. Of those, more than 75,000 came from countries outside of Germany.

“This is an unprecedented figure in the 70-year history of HANNOVER MESSE,” says Dr. Jochen Köckler, member of the managing board at Deutsche Messe. “This impressively proves that decision-makers from around the world rely on HANNOVER MESSE as their definitive source of Industry 4.0 orientation and solutions.”

The largest number of foreign visitors came from China (9,000), followed by the Netherlands (6,200), India (5,300), and partner-country Poland (5,000). The United States was the 2016 partner country, sending 3,000 visitors to Germany.

Thilo Brodtmann, managing director of the German Engineering Federation (VDMA), says the show proves that Industry 4.0 – the German term for machine connectivity often referred to as the Industrial Internet of Things (IIoT) in the U.S. – has moved beyond the experimental stage.

“It is already generating real benefits in application. The show clearly reflected the industry’s buoyant mood – a mood powered by having exactly what it takes to get the job done for the benefit of people everywhere,” Brodtmann says.

For 2018, the annual Industrial Automation (IA) show will merge with the biennial Motion, Drive, & Automation (MDA) using the name Integrated Automation, Motion, & Drives (IAMD). And the CeMAT logistics trade fair will be staged every two years in parallel with HANNOVER MESSE.

The 2018 show will run from April 23 - 27, 2018, and Mexico will serve as the partner country.

www.hfusa.com

JTEKT Toyoda opens Great Lakes Technical Center

Serving the North American automotive industry, JTEKT Toyoda Americas’ Great Lakes Technical Center in the Detroit suburb of Wixom, Michigan, will provide local sales application, turnkey, and service support to manufacturers in the Great Lakes region.

At an opening ceremony in April 2017, attendees saw four new machines – the FH500J horizontal machining center (HMC), Stealth 965 vertical machining center (VMC), and Takisawa Taiwan’s NEX-105 and Stealth EX-108 turning centers.

“The [Great Lakes] facility will serve as our service hub for Michigan as well as an area for current and future customers to view the machine capabilities we offer,” says Michigan & Windsor Regional Manager Austin Sievers. “Our doors are open for all area manufacturers.”

The tech center shares the 75,000ft2 facility with Toyoda’s Remanufactured Products Division (RPD), a facility that has been repairing and rebuilding machines since the 1970s. RPD will continue to specialize in returning machining centers to OEM specifications. www.toyoda.com