Displaying items by tag: Harbour Results Inc
Manufacturing faces talent problem heading into a crucial 2021
As manufacturing continues to lead both in statewide and nationwide economic recovery, the sector will still need to address a chronic issue that has only worsened throughout the COVID-19 pandemic.
Great Lakes trade center helps manufacturers compete with imports
More than five years ago, Avio-Tech Ltd. quoted a project to produce control panels and components for industrial conglomerate Textron Inc.
Market downturn could spur M&A activity among global auto suppliers
The recent and sudden downturn in the automotive industry is likely to lead to a flurry of bankruptcies and sell-offs by distressed suppliers, not unlike what the industry witnessed on the heels of the Great Recession.
Report predicts slow manufacturing rebound while some remain optimistic
While the COVID-19 pandemic was quick to hit, instantly styming manufacturing throughout Michigan and the country, the bounceback will likely not be as swift.
Shutdown could delay new vehicle launches, increase pricing pressure
Automakers are delaying or rethinking the timing of new vehicles as production disruptions caused by the global COVID-19 pandemic linger into the spring.
Negative outlook continues among auto suppliers
The collective outlook among automotive suppliers is moving deep into negative territory as trade tensions, declining volumes and weakness in the U.S. economy weigh on the minds of manufacturers.
‘SIGNIFICANT ASSET’: Amid slowdown in launches, new threats, West Michigan tooling industry braces for change
The challenges confronting Michigan’s tool, die and mold makers are deeply rooted. The state hosts more than twice as many tool and die workers compared to any other state, according to data from the Bureau of Labor Statistics. As the undisputed leader of the industry, Michigan also suffers the greatest consequences of its uncertainty.
TIME OF REINVENTION: Tool & die shops prioritize savvy investment strategies to avoid getting over-extended
While tool and die shop owners are hunkering down and tightening their belts in anticipation of a decrease in available work, some small- to mid-sized operations in West Michigan have already been forced to close their doors.
Q&A: Laurie Harbour, President and CEO, Harbour Results Inc.
At Southfield-based Harbour Results Inc., Laurie Harbour leads a company of analysts and consultants who use data and experience to help small- to medium-sized manufacturers develop strategies to improve their operations, reduce risks and optimize business.
Writing on the Wall? West Michigan auto suppliers react to expected slowdown
With 2018 shaping up as slower than expected for the automotive supply chain, West Michigan-based tool and die makers are embracing diversification to counter the cyclical industry.