Yes, that is the point this systems integrator was making. It all sounds really promising and if U.S. manufacturers can begin to adopt these technologies sooner rather than later, production will come back onshore even faster.
Good point on brining back offshored manufacturing, Elizabeth. You add the efficiency and optimization of the new technology to the fact that logistics costs are growing and labor costs in Asia are growing, and you have a recipe for re-shoring.
Interesting post, Al. I just wrote about the increased use of 3D technology in the manufacturing space that's allowing for the type of advanced automation highlighted in this video. It's really making the process more efficient and cost-effective and, according to the systems integrator I spoke with, could help bring some of the manufacturing that's gone offshore back to N. America.
At this year's MD&M West show, lots of material suppliers are talking about new formulations for wearables and things that stick to the skin, whether it's adhesives, wound dressings, skin patches and other drug delivery devices, or medical electronics.
The US Congress has extended an important tax credit for solar energy, a move that’s good news for future investments in this type of alternative energy and for many stakeholders in the solar industry.
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