Businesses Add Fewest Jobs in Two Years as Manufacturing Craters

Private companies added 127,000 jobs in November, missing investor expectations by more than 70,000 to post the worst result since January 2021, according to private payroll firm ADP and CNBC Monday.

The addition represented a sharp decline from the 239,000 new jobs reported by the firm in October. Industries that were most directly impacted by higher interest rates, such as construction, were hit the hardest by job cuts, while consumer-facing industries, such as hospitality, largely weathered the storm, according to ADP.

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Arizona Sees Record Number of Jobs in the State

The Arizona Commerce Authority (ACA) revealed Monday that efforts to work with companies to bring jobs to Arizona have paid off, bringing in the most jobs seen by the organization in a single year.

“For the second year in a row, Arizona economic development efforts broke records. During the 12-month fiscal period that ended June 30, 2022, the Arizona Commerce Authority (ACA) and local economic development agencies successfully worked with companies that committed to creating a projected 24,186 new Arizona jobs – a single year record. Those companies also committed to investing $10.75 billion in local communities,” according to the ACA.

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Ohio Senate Candidates Divided on Electric Vehicle Subsidies

Electric vehicle (EV) creation is among the latest policy fissures to open up between Republican Ohio Senate candidate J.D. Vance and his Democratic opponent U.S. Representative Tim Ryan (D-OH-13). 

Vance emphasizes the disadvantage many auto workers could suffer if EV manufacturing — less labor-intensive than traditional car making — expands.

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Report: Pennsylvania Job Openings Continue to Fall

A report released Monday by Pennsylvania’s Independent Fiscal Office (IFO) shows that new Keystone-State employment opportunities fell in June, marking a three-month overall decline.

Examining numbers from the federal Department of Labor, the IFO found that around 393,000 new jobs opened in June. Although that number exceeds the 281,000-per-month average for job openings that preceded COVID-19 in 2020, it continues a downward slope that began after new employment offerings reached 514,000 in March.

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Manufacturing Company Announces $95 Million Investment in Bedford County

Duksan Electera America, Inc. officials announced Wednesday that the company will invest $95 million to locate its first North American manufacturing facility in Shelbyville, Tennessee. Duksan Electera is a branch of the South Korean-based Duksan Group which is an advanced material manufacturer.

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Manufacturing Leaders: American Businesses Face Major Issues Due to Inflationary Pressure

Several manufacturing and business leaders are concerned about how inflationary pressures are hurting businesses through heightened input and transportation costs.

Participants at a round table event on Capitol Hill Thursday said that inflation has increased the cost of raw materials, making it harder for manufacturers to obtain what they need to do business.

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VK Integrated Systems Relocating Manufacturing Operations from California to Clarksville, Tennessee

VK Integrated Systems (VKIS) announced Friday that the company will invest $840,000 to relocate its manufacturing operations from Fullerton, California, to Clarksville, Tennessee by breaking ground on the new manufacturing site in Montgomery County.

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Rockford Spring Company Announces New Manufacturing Operations in Lewisburg

Rockford Spring Company officials announced Thursday that the company will establish new manufacturing operations in Lewisburg. Founded in 1952, Rockford Spring Company manufactures custom precision springs and wire forms for the automotive, agriculture, firearms, hydraulics and outdoor power equipment, as well as many other industries.

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Ariens Company Investing $38 Million to Establish Manufacturing Operations in Lincoln County

Ariens Company officials announced Thursday that the company will invest $38 million to locate its new manufacturing and warehouse facility in Tennessee, according to a press release by the Tennessee Department of Economic and Community Development (TDEC).

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Manufacturing Company to Expand Operations in Perry County, Invest $1.5 Million

Buffalo River Truss, LLC, a manufacturing company that produces gable and shed trusses and bar joists, announced an expansion to their operation in Perry County.

According to a release from the Tennessee Department of Economic and Community Development, the company will move its entire operations to Lobelville.

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Ryan Faces Backlash from Democrats over Anti-China Ad

A congressman running for U.S. Senate in Ohio is facing friendly fire from his own party over an April ad that Democrats say is fueling anti-Asian hatred. 

“Tim Ryan should know better. His ‘us versus China’ ad promotes hatred of Asian Americans,” says a headline in Monday’s Akron Beacon Journal. 

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Leaving a Legacy: Congressman Mark Green Explains Nearshoring Act

Friday morning on The Tennessee Star Report, host Leahy welcomed U.S. Rep. Mark Green (R-TN-07) to the newsmaker line to explain the details and mechanics of his Near Shoring Act that would create a win-win situation by decoupling manufacturing from China and bringing it to Latin America.

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Ultimate Linings, LLC Establishing Manufacturing Operations in Wilson County

Ultimate Linings, LLC officials announced Tuesday the company will relocate its chemical manufacturing facility from Bedford, Texas, to Lebanon, Tennessee, according to a press release by the Tennessee Department of Economic and Community Development (TNECD).

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Permobil, Inc. Expands Manufacturing Operations in Wilson County

Permobil, Inc. officials announced the company expects to invest $15.5 million to expand its manufacturing operations at the company’s North American headquarters in Middle Tennessee, according to a press release by the Tennessee Department of Economic and Community Development (TNECD).

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ATC Drivetrain Announces New Manufacturing Operations in Knoxville

On Wednesday, Governor Bill Lee, Department of Economic and Community Development (TNECD) Commissioner Bob Rolfe, and ATC Drivetrain officials announced the company has selected Knoxville as the location for its newest manufacturing facility.

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Ultra Safe Nuclear Corporation Announces New Manufacturing Facility in Oak Ridge

On Wednesday, Tennessee Governor Bill Lee, Department of Economic and Community Development (TNECD) Commissioner Bob Rolfe, and Ultra Safe Nuclear Corporation (USNC) officials announced the company will establish new manufacturing operations in Oak Ridge.

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Governor Lee, Commissioner Rolfe Announce New Fiberon Manufacturing and Distribution Operations in Columbia

On Wednesday in a press release, Tennessee Governor Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Fiberon officials announced the company, Fiberon, will establish new manufacturing and distribution operations in Columbia, Tennessee.

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General Motors Announces $7 Billion Investment for Electric Vehicle Manufacturing in Michigan

Automobile maker General Motors on Tuesday announced a new, $7 billion investment in Michigan to expand manufacturing capacity for electric vehicles and batteries.

According to projections released by the company, the investment will create 4,000 new jobs, while retaining an additional 1,000.

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Titan Steel Door to Expand Operations, Invest $11 Million in Northeast Georgia

Titan Steel Door will invest $11 million in northeast Georgia to create a new manufacturing facility, according to a release from Governor Brian Kemp.

The new project will establish a 145,000 square feet building and create more than 90 Jobs in Hart County, based on projections released by Kemp’s office.

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Intel Officially Announces Chip Factory in Ohio

Computer giant Intel Friday officially announced its intention to build a multi-billion dollar semiconductor factory in Ohio.

“Intel today announced plans for an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Ohio,” a corporate press release said. “The investment will help boost production to meet the surging demand for advanced semiconductors, powering a new generation of innovative products from Intel and serving the needs of foundry customers as part of the company’s IDM 2.0 strategy. To support the development of the new site, Intel pledged an additional $100 million toward partnerships with educational institutions to build a pipeline of talent and bolster research programs in the region.”

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Senator Blackburn Introduces Bill to Support Manufacturers

Senator Marsha Blackburn (R-TN) on Wednesday joined Senator Gary Peters (D-MI) and introduced new legislation to help manufacturing across the United States.

The bill, the Strengthening Support for American Manufacturing Act, would propose enhancements to improve the U.S. Department of Commerce’s manufacturing programs in order to better serve manufacturers.

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Michigan Spending $2.5 Million of Taxpayer Money on Private Businesses, Government Groups

Gov. Gretchen Whitmer and the Michigan Department of Labor and Economic Opportunity (LEO) awarded $2.5 million in Michigan Industry Cluster Approach 3.0 (MICA 3.0) grants to business groups statewide to address labor shortages.

“These grants are putting Michiganders first by helping innovative employers in high-demand industries address talent shortages across Michigan,” Whitmer said in a statement. “Together, we can continue leading the future of agriculture, construction, IT, manufacturing, mobility, and so much more as we usher in a new era of prosperity for our families, communities, and small businesses.”

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The Global Chip Shortage Will Have a Major Impact on Consumers

Computer mother board

The global chip shortage is beginning to impact consumers, driving up prices of smartphones, vehicles and personal electronics as manufacturers struggle to keep up with rising demand.

“We’re seeing 5% to 10% price increases right now,” Glen O’Donnell, vice president and research director at Forrester, told the Daily Caller News Foundation. “They will increase more as this issue drags on.”

Semiconductors, the internal components essential to the functioning of almost every electronic device, have been in short supply since early 2020 due to high consumer demand of mobile electronics cloud services, and other products that require computer chips, according to O’Donnell. The COVID-19 pandemic exacerbated the problem by stalling semiconductor production and disrupting supply chains, with demand for consumer electronics only skyrocketing due to more people working from home.

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Donald Trump Joins the John Fredericks Show to Discuss Intel Agencies, American Manufacturing, Taiwan, and RINO Republicans

Wednesday morning on the John Fredericks Radio Show, host Fredericks welcomed the 45th President of the United States, Donald J. Trump to the line to discuss Intel agencies, Taiwan, and election integrity.

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New Georgia Report Shows Investments, Job Creation Increasing Around the State

Georgia officials have announced that economic development projects throughout the state during fiscal year 2021 have delivered record-setting jobs and investments. This, according to a press release that Georgia Gov. Brian Kemp and officials with the Georgia Department of Economic Development (GDEcD) published this week.

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KORE Power to Grow in Maricopa County, Bringing Thousands of Jobs

KORE Power, Inc. announced on July 29 that they are building the first lithium-ion battery manufacturing facility owned entirely by a U.S. company in Maricopa County, bringing 3,000 jobs to the Grand Canyon state. 

The one million square foot KOREPlex manufacturing facility 40 miles west of Phoenix in Buckeye will support up to 12 gigawatt-hours (GWh) of battery cell production. Once operational, the facility will produce enough power capacity for 3.2 million homes each year, the company said.

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Partnership Boosts Supply Chain Resiliency for Florida’s $56B Manufacturing Industry

Aerial shot of downtown Miami, Florida

According to an April-June McKinsey Global Survey poll of 60 senior supply-chain executives from across the nation, 73% encountered a shortage of suppliers – not just supplies – and 75% faced production/distribution shortfalls during the 2020 height of the COVID-19 pandemic.

Florida’s 21,000 manufacturers – not to mention farmers, restauranteurs, hoteliers, retailers – were also affected by pandemic-induced supply disruptions, as they were by Hurricanes Irma in 2017 and Michael in 2018.

To mitigate disruption for the state’s $56 billion manufacturing industry, which employs about 400,000 Floridians, the Associated Industries of Florida (AIF), Space Florida and FloridaMakes have formed Connex Florida, an online database to link manufacturers connect with prospective suppliers and develop business opportunities.

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Peloton Picks Ohio for Its First U.S. Factory

Peloton bike

Peloton Interactive announced plans to build its first U.S. factory in Ohio, creating more than 2,000 jobs and investing more than $400 million in the state-of-the-art factory.

The new facility, in Troy Township between Toledo and Bowling Green, will be named Peloton Output Park and will produce Peloton Bike, Bike+ and Peloton Tread starting in 2023. It will employee 2,174 people and generate $138 million in new payroll.

The state approved a 2.301%, 15-year job creation tax credit for the company.

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Top Economists Expect Inflation to ‘Accelerate Strongly’ in Coming Weeks

Woman shopping

Economists expect inflation to “accelerate strongly” in the coming weeks and months, but said consumer prices would eventually moderate.

The consumer price index (CPI), a common measure for inflation, is expected to rise 2.8% in 2021 and 2.3% in 2022 compared to the 1.2% increase that occurred in 2020, according to economists surveyed by the National Association for Business Economics (NABE).

The projection, released Monday, reflected the Federal Reserve consensus that inflation will heat up by the end of the year before cooling down as the economic recovery continues.

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Ohio Democrat Admits Party ‘Can’t Understand’ Working Class Americans

A Democrat member of Congress from Ohio admitted in an interview published Tuesday that her party is out of touch with working class Americans. 

“They just can’t understand,” Rep. Marcy Kaptur (D-OH-09) told The Hill. “They can’t understand a family that sticks together because that’s what they have. Their loved ones are what they have, their little town, their home, as humble as it is — that’s what they have. Respect it. It was so insensitive.”

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Ohio Earns Defense Manufacturing Designation

Ohio can receive a $5 million grant to improve manufacturing and train workers after the U.S. Department of Defense designated the state as a Defense Manufacturing Community, Gov. Mike DeWine and Lt. Gov. Jon Husted announced in a news release.

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Leading Schools Series: Wisconsin School Runs a Manufacturing Business Within its Doors 

Machine shop training in public high schools has dwindled nationally either because of a lack of funding or no funding at all. So in 2006, instructor Craig Cegielski approached the Eleva-Strum School Board in Strum, Wisconsin with an odd request. Rather than asking for money, Cegielski instead requested permission to launch an in-school manufacturing business.

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Fiat Chrysler Proposes Merger with France’s Renault

  Fiat Chrysler proposed a 50-50 percent merger Monday with Renault, a union that would create the world’s third biggest automaker. The merger, if it happens, would vault the new company, with annual sales of 8.7 million vehicles, into a position ahead of General Motors and behind only Volkswagen and…

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Last of Lordstown Auto Parts Manufacturing Ends Two Months Early: More Layoffs to Follow

The last manufacturing orders left for the rapidly shuttering Lordstown Auto Plant finished up on April 5. The project – metal stamping replacement parts for the Chevy Cruze – was slated to last until June, ensuring work for those few employees still not laid off.  With the job wrapping up…

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New Data Suggest Continued Expansion in the Manufacturing Sector in February

by Robert Hughes   The Manufacturing Purchasing Managers’ Index from the Institute for Supply Management registered a 54.2 percent reading in February, down from 56.6 in January (see top chart). Despite the pullback, the index remains well above neutral, suggesting continued expansion for the manufacturing sector. According to the Institute…

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As US Economy Swells, Ohio Gets Left Behind

2018 was one of the best economic years for America in decades. The coup de grâce came in December with a jobs report that shattered the most generous expectations by more than double. 312,000 new jobs were added to the US economy. While unemployment rose slightly, this was primarily due to…

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Outgoing Ohio Governor John Kasich Asks Tesla CEO Elon Musk to Save Lordstown Auto Plant by Tweet

Thursday, December 20th, Tesla CEO, Elon Musk, gave his first public response to Governor John Kasich’s multiple attempts to reach him in the hope of saving the Lordstown Assembly complex in Warren, Ohio. On November 26th, General Motors announced that the 6.2 million square foot auto manufacturing facility, along with…

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