How Foreign Investment Is Boosting U.S. Manufacturing

Although it might be tempting for manufacturers to invest in solving only their immediate workforce needs, a larger investment in building the regional workforce development pipeline can make for stronger suppliers, as well as a more capable talent pool in the future as the company prepares to grow. Second, one of the potential benefits of foreign investment for domestic firms is fresh ideas.

In August of 2022, industrial policy returned to the United States. The CHIPS and Science Act and the Inflation Reduction Actto revitalizing manufacturing in the United States. Advocates say the investment is working. New factories in the United States producing semiconductors, batteries, and electric vehicles are emerging like popcorn across the American south and west. The level of U.S. manufacturing construction in 2024 is more than three times what it was in 2019.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Iran’s president says his country needs more than $100 billion in foreign investmentIran’s president has said his country needs about $100 billion in foreign investment to achieve an annual target of 8% economic growth. The remarks by Masoud Pezeshkian, who was elected in July, came in his first live televised interview by state TV. Experts say growth in GDP of 8% would reduce double-digit inflation and unemployment rates.
La source: AP - 🏆 728. / 51 Lire la suite »

Iran’s president says his country needs more than $100 billion in foreign investmentIran president says investment needed to achieve 8% annual economic growth.
La source: ABC - 🏆 471. / 51 Lire la suite »

Korean ambassador touts Williamson County as 'top destination' for foreign investmentDiplomatic officials from the United States and South Korea were in Taylor on Wednesday to discuss the area's semiconductor industry and economic development.
La source: KUT - 🏆 77. / 68 Lire la suite »