EV Group’s Post

Phoenix is rapidly becoming a hub for advanced manufacturing, but workforce challenges remain. From semiconductors to aerospace, companies can leverage talent solutions like MVP and RPO to drive growth and keep up with the booming demand. #AdvancedManufacturing #WorkforceDevelopment

Phoenix is rapidly becoming a hub for advanced manufacturing, but workforce challenges remain. From semiconductors to aerospace, companies can leverage talent solutions like MVP and RPO to drive growth and keep up with the booming demand. #AdvancedManufacturing #WorkforceDevelopment

Phoenix is rapidly becoming a hub for advanced manufacturing, but workforce challenges remain. From semiconductors to aerospace, companies can leverage talent solutions like MVP and RPO to drive growth and keep up with the booming demand. #AdvancedManufacturing #WorkforceDevelopment

Phoenix is rapidly becoming a hub for advanced manufacturing, but workforce challenges remain. From semiconductors to aerospace, companies can leverage talent solutions like MVP and RPO to drive growth and keep up with the booming demand. #AdvancedManufacturing #WorkforceDevelopment

Reshoring, which involves bringing manufacturing back to the U.S., is gaining popularity due to the decreasing reliability of international supply chains. The U.S. labor market and economy provide a solid foundation for reshoring efforts. Consequently, there is a notable surge in manufacturing construction driven by reshoring initiatives and increased investments. Notably, investments in creating manufacturing facilities have risen by 62% in the past five years. Major corporations like GE and Walmart have collectively invested nearly $800 billion in U.S. manufacturing facilities to facilitate reshoring. Two prominent examples of reshoring are seen in the EV battery industry and semiconductor manufacturing. The U.S. government has introduced incentives such as EV tax credits to support American manufacturing. The semiconductor sector faced challenges but showed potential through digital technology integration. Challenges associated with reshoring include maintaining low costs, that before were found overseas, all while sustaining a favorable profit margin. To address these concerns, companies should focus on investing in AI, automation technologies, and data-driven decision-making within manufacturing processes to enhance efficiency and profitability. When companies consider reshoring, several factors should be considered: ➡ Property Data ➡ Operational Requirements ➡ Labor Market ➡ Proximity to Transportation infrastructure ➡ Network Optimization ➡ Credits and Incentives It is essential, especially with the reshoring initiative, to have outstanding management staff who can plan for and mitigate potential disruptions or supply chain issues in your project. #Reshoring #ProjectManagement #AmericanManufacturing

The COVID-19 pandemic exposed weakness in the semiconductor supply chain which resulted in delays and shortages of cars, electronics, equipment, and appliances. The #CHIPS Act has $39 billion in manufacturing funding that has many of the world’s largest chip makers seeking to onshore production facilities across the U.S. According to the Semiconductor Industry Association, "Companies in the semiconductor ecosystem have announced 80 new manufacturing projects in the U.S. since CHIPS was first introduced, totaling more than $250 billion in private investments across 22 states. These projects are projected to create 45,000 direct jobs and support hundreds of thousands of additional jobs throughout the U.S. economy." ABM partners with many of the largest chip makers providing specialized #cleaning, #engineering, and other #ancillary services, and helps solve for challenges even before a new manufacturing plant opens, including sourcing local #labor, #supplies, as well as #vendor and #project management. To fuel this onshoring, it's critical for chipmakers to have experienced strategic partners like ABM to enable and optimize their operations so they can focus on the product. 💡 Learn more about ABM's specialized semiconductor manufacturing solutions: https://bit.ly/49jEygN https://bit.ly/4cmqAg5

CONTRACT MANUFACTURING revolutionized cost management in electronics!!! What started as a cost-cutting trick in the 80s is now America's strategy for leading global life sciences. It's about more than factories—it's about future-proofing the industry. 🎧 Listen to Wayne Woodard’s insights on crafting a new era of American manufacturing: https://lnkd.in/gnphdpG3 🌟 How has strategic innovation impacted your industry? #ManufacturingInnovation #MadeInUSA #BusinessStrategy #PodcastEpisode #IndustryLeaders

Sustainability is at the heart of what we do. We’re helping semiconductor operations become greener and more cost-efficient through initiatives like energy-efficient HVAC systems. This commitment not only supports the planet but also contributes to more predictable operating expenses and supply chain stability. #abm #sustainability #semiconductoroperations

An average car requires 300-1000 semiconductor MCUs🚘📟 In the semiconductor industry, operations management is pivotal for efficiency and quality in manufacturing. With the global semiconductor market set to reach $726 billion by 2027, skilled operations managers are in high demand. They oversee logistics, inventory, and production processes, optimizing operations to meet market demands. As technology advances, managers drive innovation and efficiency, ensuring timely delivery of high-quality products. Opportunities abound for those who can navigate supply chain challenges and implement cutting-edge strategies. Operations management in semiconductors offers a rewarding path to shape the future of technology and drive industry growth. #opportunities #semiconductormanufacturing #operations #management

Five of the world's largest #semiconductor manufacturers are committing to new plants across the U.S. through the #CHIPSAct. This reshoring of chip manufacturing requires strategic partners to ensure successful start-up and efficient and resilient operations. ABM partners with many of the world's largest chip makers providing specialized #cleaning, #engineering, and other #ancillary solutions, helping solve for facility and operations challenges even before a new plant opens, including sourcing local #labor, #supplies, as well as #vendor and #project management. 💡 Speak with an ABM expert today or learn more about ABM's specialized #semiconductor manufacturing: https://bit.ly/49jEygN https://bloom.bg/3WMUF1x