The top manufacturing facility of Toyota transmissions isn't based in Japan but in Durham, North Carolina. The AW North Carolina (AWNC) plant - a subsidiary of AW, which is based in Anjo City, Japan - churns out more than 600,000 automatic transmissions per year for models such as the Camry, Tundra, Tacoma, Sequoia and, most recently, the Rav4.
Despite the advanced technology now available, there are still three key issues that adversely affect manufacturers of all types and sizes: data management, inventory, and gross margin.
The trillion-dollar global shipping industry may soon be forced to curb greenhouse gas emissions under new rules backed by the European Union and China.
The 2017 Manufacturing & Logistics Report Card, compiled by Conexus Indiana for the Ball State University Center for Business and Economic Research, recently doled out rankings on how states have done in the areas of manufacturing and logistics.
New products, new industries, new leadership and, of course, new companies. Yeah, these last two years have been unlike any in the nearly-eight-decade history of the tech leader formerly known as Hewlett-Packard.
Takata Corp. filed for bankruptcy protection in the biggest postwar Japanese corporate failure in the manufacturing industry, as the 84-year-old company buckled under liabilities from millions of recalled air bags and agreed to be sold to a Chinese-backed investor.
First, Tesla surpassed General Motors and Ford Motor Co. in market cap. Then Ford announced cutting 10 percent of its salaried workers before firing CEO Mark Fields.
