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Future of Manufacturing in USA

Industry Renaissance to relocate home the US industry

logo_2B1stUSA branded their “Future of Manufacturing” program as “Industry Renaissance” in order to send a clear message that the time of the economy only based on services and happy few high technology champions is over.

The transfer to China of the US manufacturing activities during a decade and the subprime crisis highlighted the US sensitivity to downturn of an economy short of hard assets compared with other countries.

In addition this transfer hurt the US middle class finding their jobs in the manufacturing sector. Among the good news the success story of the shale gas popped up right on time to change the name of the game in providing US with cheap and endless resources as a fundamental competitive advantage to support any industrial restoration ambition.

Industry_Renaissance_Apple-iPhoneApple offered US the best example of the opportunity to relocate manufacturing activities in US when its clients realized that their so sophisticated smartphones were produced in China by…robots.

Should these smartphones be assembled by robots; why not to do it in US then?

EspeciFuture of Manufacturingally when the energy costs drop to the floor. In this context USA has been among the first countries in the 2010s years to pioneer an interpretation of the “Future of Manufacturing” in launching its “Industry Renaissance” program.

To support it, USA establishes “Advanced Manufacturing Partnerships” (AMP) involving industries, academia, institutions and government.

The purpose of this initiative has been clearly announced to make US a magnet for jobs and investments in order to encourage the development of the new manufacturing technologies and build a sustainable US leadership not only in high-tech but also in mass production.

In this perspective the “Industry Renaissance” program will be developed through broad and long-term collaboration between all partners around innovation and workforce capability enhancement.

In practice, USA are planning to deploy a “National Network for Manufacturing Innovation” (NNMI) centers.

After its approval by the Congress, USA will open in a decade 45 technology hubs across the country where all local expertise will be concentrated to develop manufacturing innovation.

To enhance the workforce knowhow in all the domains, the “Industry Renaissance” initiative will be supported by “Skill Training Programs” elected to UI Labs qualifications.

Dow – MIT lead Industry Renaissance from well-to-wheel

The “Industry Renaissance” program is co-steered by the Massachusetts Institute of Technology (MIT) and by Dow Chemicals Corporation (Dow).

If the MIT looks incumbent in this position, Dow’s leading role in this manufacturing initiative is more a surprise at first sight as this company operates dominantly in processes industries.

Thinking further, Dow’s position is strategic for the success of this US “Future of Manufacturing” as it sits at the cornerstone of the processes industries and the manufacturing sector.

Industry_Renaissance_Shale_Gas_Production

On the process side, Dow is benefiting directly from the US shale gas competitive advantage to process technological petrochemical products in optimal conditions.

On the manufacturing side, the plastics, rubber, solvents, paintings and all chemical-based materials represent the first source of supply where Dow occupies a leading position that can influence the performances in numerous sectors of the industry.

Thus the tandem MIT – Dow seems to be best positioned within the US to utmost leverage the shale gas advantage from the well to wheel value chain across the process industries and all along the manufacturing industries.

For more information about Future of Manufacturing in Oil & Gas and Petrochemicals

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1 Comment to “Future of Manufacturing in USA”

  1. Rising offshore wage rates, the use of the refined metrics of total cost of ownership to uncover the hidden costs and risks of offshoring, cheap natural gas and reducing costs with sustainable strategies such as improved product design, innovation, automation, and lean strategies are the largest drivers of the reshoring trend.

    Changes in the global manufacturing market, technology and the benefits of locating manufacturing closer to customers are giving companies more options to manufacture competitively domestically.

    The Reshoring Initiative Can Help.
    The not-for-profit Reshoring Initiative’s free Total Cost of Ownership software helps corporations calculate the real P&L impact of reshoring or offshoring. In many cases, companies find that, although the production cost is lower offshore, the total cost is higher, making it a good economic decision to reshore manufacturing back to the U.S. http://www.reshorenow.org/tco-estimator/

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