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With shortages of everything from ketchup packets to semiconductors dominating headlines in supply chain news, the demand for warehouse space experienced a significant climb over the past year. New data from commercial real estate firm CBRE suggests that manufacturers are scrambling to replenish inventories that were depleted amid consumer trends tied to the COVID-19 pandemic. To do so, manufacturers need warehouse space to house more inventory than the just-in-time levels that many firms have typically operated with to avoid too much idle product.
The United States is forecasted to see an above-normal tropical storm season in 2021. According to AccuWeather, there will be as many as 20 named storms this year. Roughly half of these will be hurricanes — including up to five that are projected to reach sustained 111 mph winds. Meteorologists are advising those in areas known for hurricanes to prepare now. To prepare your industrial business, you will need a generator, fuel tank, and the telephone number of a fabricated fuel oil systems provider that has seen it all and knows how to solve urgent issues in real-time.
Each week the Thomas team tracks merger and acquisition (M&A) activity across the industrial space to stay aware of the investments, partnerships, and other business deals shaping the future of the industrial landscape. This week, 3D printing and freight logistics were top picks for American private equity firms.
Recent surveys of U.S. manufacturers suggest the nation’s industrial sector is experiencing strong growth despite the pandemic and other headwinds.
The publishing of the annual Top 10 citations list is the perfect time each year for employers and business owners all of sizes to ask themselves, “How are we doing with workplace safety?”
“Amazon and other e-Commerce platforms are not going away. 10 years ago, everyone thought, ‘Oh, it’s just going to be a fad, and it’s just going to be simple items or unique items,'” says Bill Blish, Senior Vice President of Sales at GFA Production Inc. “The companies that are going to be successful, both brick-and-mortar and online, are the ones that understand that they are two different business models, and you’ve got to do stuff for the brick-and-mortar groups that you’re not going to do for the e-commerce and vice-versa.”
After three months of increase, the Thomas Manufacturing Index (TMX) has now reversed course. The May 2021 TMX is down at -3.49%, compared to April’s +1.24%. Meanwhile, SPX enjoys continued increase at +6.01%, up from last month’s +4.24%. This shift indicates that while the overall market continues to rebound…
Read More: 8 Industry Updates You Need to Know This Week [60-second Read]