Featured Image

The Role of Automation and Productivity in Increasing U.S. Competitiveness

Tune in as Pat McGibbon, chief knowledge officer, AMT – The Association For Manufacturing Technology, and Harry Moser, founder and president of the Reshoring Initiative, talk automation. 
Mar 01, 2022

Our domestic supply chain is not adequately self-sufficient because U.S. manufacturing is too often not price competitive. Productivity is key to becoming competitive. Unfortunately, U.S. manufacturing productivity has grown at less than 1% for years, while Chinese productivity grows at about 6%.  

U.S. companies invest less, on average, than major offshore competitors and therefore have older equipment. Companies could invest more, taking a longer-term view and doing the math more accurately on domestic versus offshore investment and sourcing. However, companies are discouraged by a consistently low rate of capacity utilization and low return on investment (ROI). The government can play a key role by leveling the playing field to increase utilization and raise the ROI. 

Recommended actions include a massive skilled workforce program and a lower U.S. dollar value. Companies will respond with increased productivity and training. The combination of increased productivity, skilled workforce, and a lower valuing of the U.S. dollar will increase American manufacturing by an additional 25% (3 million employees) over the next 15 years, requiring an unprecedented surge in equipment purchases.

Tune in as Pat McGibbon, chief knowledge officer, AMT – The Association For Manufacturing Technology, and Harry Moser, founder and president of the Reshoring Initiative, talk automation. 

Read more about this new pivot and actions technology suppliers and distributors can take. 

Amber Thomas
Vice President, Advocacy
Recent advocacy News
The concept of sustainable manufacturing is rooted in the production of manufactured products through economically-sound processes that minimize waste, with consideration of the three ESG pillars: environment, social and governance.
Manufacturers face a shortage of 3.8 million workers by 2033, costing $1 trillion in 2030. This skills crisis necessitates rethinking education and workforce alignment and shifting toward skills-based hiring and diverse talent pools for future success.
U.S. reshoring flourishes amidst China's economic downturn and decreasing exports, driving a geopolitical trade shift. Insights reveal economic trends, industrial policy, and future projections.
As global dynamics evolve, a transition to productivism prioritizes local investment. U.S. defense strategy and strategic policy development foster resilient supply chains as reshoring trends see economic benefits. Learn how this affects your business.
What specific factors are strengthening manufacturing and reducing U.S. reliance on imports? Harry Moser, founder and president of the Reshoring Initiative examines the reasons.
Similar News
By Bonnie Gurney | Jun 12, 2024

To expand an automation strategy or begin an automation journey, IMTS 2024 offers contract manufacturers, job shops, and OEMs the opportunity to explore innovative and ready-to-deploy solutions to address their workforce, quality, and efficiency issues.

8 min
By Peter Zelinski | May 01, 2024

Formnext Chicago arrives next year. AMT's Doug Woods, Mesago's Sascha Wenzler, and Gardner's Peter Zelinski discuss the long road to this event, the importance of Formnext coming to additive's biggest market, and the competitive 2025 event landscape.

7 min
By Kathy Keyes Webster | May 15, 2024

Kevin Bowers brings decades of technical and research experience to his new role as AMT Vice President of Research.

6 min