Electronics Manufacturers Favorable on Tax Reform

U.S.-based supply executives are receiving the Tax Cuts and Jobs Act (TCJA) of 2017 favorably. The tax reform, signed into law by President Donald Trump in December, will have a positive impact on U.S. manufacturers’ organizational, strategic and tactical considerations, managers said. The Institute for Supply Management conducted a special survey to gauge members’ familiarity…

IHS: Automotive Tech to Create $350B in Supplier Opportunities

Suppliers that secure a spot in an automotive design can usually look forward to decades of consistent component sales. Even though automakers demand a lot from their suppliers, car designs don’t change as quickly as – for example– consumer electronics specs. However, research firm IHS Markit believes that’s about to change. There are considerable new business…

Midsized Manufacturers Expect to Outpace Market

Financial executives of small and mid-sized U.S. manufacturing businesses are optimistic about their growth prospects for 2016, according to research from the buying consortium PrimeAdvantage. At the same time, CFO confidence in the U.S. economy has fallen from last year with slightly more than half of executives – 54 percent — expressing optimism. This is…