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Auto Labor Talks Should be Watched Closely by Manufacturing Chiefs

In the old economy, manufacturing CEOs across the country used to pay rapt attention to the new contracts every three years between the “Big Three” automakers and the United Auto Workers union. This year, the new contracts, due to be concluded by September 14, won’t garner nearly as much attention, but all the same, manufacturers should be paying attention.

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Pittsburgh’s Leadership in ‘Internet of Things’ May Serve as Role Model for Others to Follow

The world is heating up over the “Internet of Things,” and everyone—including manufacturing CEOs, politicians, engineers and technologists—is trying to figure out how to maximize it for their company or geographic region. The folks in Pittsburgh already may have developed one of the best, and their success may serve as a good role model for others.

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A Blueprint for Successfully Launching a New Production Facility in the U.S.

Making a case for locating—or relocating—your manufacturing plant in the U.S. is easily done today. The ROI and the case studies are readily available. Of course, the number of years it takes to build your plant, and how entrenched you are in your current location, both play critical roles in that decision. But even those companies that can’t justify the cost of a full relocation are using the U.S. as ground zero for their growth strategy, building new facilities and expanding existing ones.

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Manufacturers Struggle With ‘Conflict Minerals’ Audit Compliance

U.S. manufacturers shelled out more than $700 million and racked up 6 million staff hours to comply with government rules to disclose conflict minerals in their supply chains, according to Tulane University research. Still, many companies have no idea whether materials vital to their manufacturing process originate from Congo and other war-torn countries. And in the end, it may not matter.

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Partnerships, Strong Corporate Cultures Will Be Key to the Next Manufacturing Boom

As manufacturing firms expand domestically, they also are venturing overseas to look for growth opportunities. This is especially true as the dollar powers up, considering the WSJ Dollar Index has hit its highest mark since September 2003. In fact, half the U.S. manufacturers surveyed in this year’s Bank of America Merrill Lynch CFO Outlook are most likely to grow internationally by setting up an in-market subsidiary.

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