Manufacturing.Net: Predictions for Manufacturing in 2023 – Part I
Manufacturing.Net – December 14, 2022
James DeMuth, CEO of Seurat Technologies, has the following thoughts on trends for the upcoming year:
- Localization of manufacturing near to customers will reduce economic and environmental costs. Currently, the cost to ship a 40’ container from Asia to the U.S. West Coast is 5X more than pre-pandemic levels.
- Unpredictable policymaking and inflationary pressures will have less impact on companies that strategically place manufacturing of key components within the U.S. and near to assembly plants.
For the full list of trends, please click here!