Production costs reflect all of the expenses associated with a company conducting its business while manufacturing costs represent only the expenses necessary to make the product. Both of these ...

Advances in manufacturing (faster, cheaper, smarter) don’t always result from one big technological breakthrough: Much of the work of innovation involves building on what people have ...

Strategic industrial policies, like incentives and soft power, have helped the "world's factory" reach 30% of global manufacturing output. Despite differing perspectives on the trade issues between ...

AI is even having a significant impact in the manufacturing industries. Historically, expert systems, a precursor to AI, were first used in manufacturing starting in the ‘70s and ‘80s.

The push to bring semiconductor manufacturing back to the U.S. faces a significant hurdle: a shortage of skilled workers. The semiconductor industry is expected to need 300,000 engineers by 2030 ...

Opinions expressed are those of the author. The United States is experiencing a manufacturing renaissance, driven by the integration of AI and automation into manufacturing execution systems (MES).

dolls and other toys primarily in China, is taking steps to move 40% of its manufacturing to India, Vietnam and Indonesia within six or so months, up from around 10% to 15% currently, CEO Isaac ...

GE Aerospace on Tuesday announced a nearly $1 billion investment in U.S. manufacturing, the latest company to do so under the Trump administration. The company said the investment will help ...

China’s ambitious “Made in China 2025” industrial strategy has put the country on track to become a global leader in smart manufacturing within the next few years, though breakthroughs are ...