Featured Image

The Role of Automation and Productivity in Increasing U.S. Competitiveness

Tune in as Pat McGibbon, chief knowledge officer, AMT – The Association For Manufacturing Technology, and Harry Moser, founder and president of the Reshoring Initiative, talk automation. 
Mar 01, 2022

Our domestic supply chain is not adequately self-sufficient because U.S. manufacturing is too often not price competitive. Productivity is key to becoming competitive. Unfortunately, U.S. manufacturing productivity has grown at less than 1% for years, while Chinese productivity grows at about 6%.  

U.S. companies invest less, on average, than major offshore competitors and therefore have older equipment. Companies could invest more, taking a longer-term view and doing the math more accurately on domestic versus offshore investment and sourcing. However, companies are discouraged by a consistently low rate of capacity utilization and low return on investment (ROI). The government can play a key role by leveling the playing field to increase utilization and raise the ROI. 

Recommended actions include a massive skilled workforce program and a lower U.S. dollar value. Companies will respond with increased productivity and training. The combination of increased productivity, skilled workforce, and a lower valuing of the U.S. dollar will increase American manufacturing by an additional 25% (3 million employees) over the next 15 years, requiring an unprecedented surge in equipment purchases.

Tune in as Pat McGibbon, chief knowledge officer, AMT – The Association For Manufacturing Technology, and Harry Moser, founder and president of the Reshoring Initiative, talk automation. 

Read more about this new pivot and actions technology suppliers and distributors can take. 

Amber Thomas
Vice President, Advocacy
Recent advocacy News
The federal Chips bill & Inflation Reduction Act aimed to reduce U.S. manufacturing's reliance on Asia, creating 364K domestic manufacturing jobs in 2022. Amber Thomas from AMT & Harry Moser from the Reshoring Initiative discuss friendshoring, reshoring..
Supply chain experts share their outlook as North American companies accelerate reshoring and foreign direct investment while abnormally low interest rates are being raised to control inflation.
Hardinge shifted manufacturing of its Talent Series lathes from Taiwan to Elmira, New York, and won the 2022 National Metalworking Reshoring Award as a result. They point out the benefits and offers words of advice to other companies looking to reshore.
Join Harry Moser, the founder of the Reshoring Initiative, for Moser on Manufacturing, a new podcast series on bringing manufacturing back home.
Hardinge Inc., a multinational machine tool and accessories builder with global headquarters in Atlanta, Georgia, received the 2022 National Metalworking Reshoring Award in recognition of its success in bringing manufacturing back to the United States.
Similar News
By Douglas K. Woods | May 31, 2023

"Cool things” may snag headlines, but the culture, infrastructure, and philosophy behind creating the cool thing are just as important. From World War II to Silicon Valley, creative teams are leveraging imagination and technology – and it’s paying off.

5 min
By Travis Egan | Jun 06, 2023

AMT coordinated a three-day trade mission for a delegation from CECIMO, an umbrella organization serving the common interests and values of the European machine tool and related manufacturing technology industries ...

5 min
By Gary Vasilash | Jun 01, 2023

Morganton, North Carolina, is one of those places along I-40 that history could have passed by. But automotive supplier Continental is making some of its most advanced braking systems there – and is helping build a workforce for the 21st century.

7 min