 June 25, 2024 | Today’s news and insights for manufacturing leaders | NOTE FROM THE EDITOR How much certainty do you have about the 2024 economy? High interest rates, persistent inflation and cautious consumers are among the trends manufacturers need to keep an eye on as they plan for the second half of the year. During our free, virtual event on July 24, we’ll delve into the economic outlook for the second half of the year in a panel moderated by yours truly. Speakers will include Olu Omodunbi, chief economist of Huntington National Bank; Timothy Fiore, manufacturing business committee chair for the Institute for Supply Management; and Jason Miller, Eli Broad professor in supply chain management at Michigan State University. Given our panelists’ varied perspectives, I’m excited to dive into the most pressing issues facing supply chain professionals. The event will also feature a conversation with Transportation Secretary Pete Buttigieg. Check back later this week for more session and speaker details. In the meantime, reserve your spot today! |
 | Philip Neuffer
Editor, Manufacturing Dive
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The planned facility in North Carolina is Novo’s latest multibillion-dollar investment in the manufacturing of weight loss drugs, demand for which continues to outstrip supply. |
The sector was among the top industries to pay ransom demands. The average payment increased 88% to almost $2.4 million last year, Sophos found. |
Machineosaurus Manufacturing Company made the switch last fall. What it learned about the pros and cons of a shortened schedule, and why the CEO says it won't go back. |
In a year marked by high inflation and economic stagnation, manufacturers have made tough decisions in an attempt to control rising costs. Explore their strategies to remain competitive in
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The automaker is investing $531 million to add a 500,000-square-foot plant to its San Antonio campus. |
 | The prospect of upgrading to a new ERP can feel daunting, but the long-term benefits of a modern system far outweigh the challenges associated with implementation. Learn more in this playbook. |
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