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Your Inspiration For Sept. 17 |
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4 Critical Shifts in Manufacturing Shape the Recovery from COVID-19 |
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The coronavirus pandemic imposed massive disruptions in manufacturing, but according to McKinsey & Co., the gap between companies leading the Fourth Industrial Revolution and the majority was already growing rapidly. |
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Kraft Heinz Announces Turnaround Plan to Cut $2 Billion in Costs |
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As part of its plan, the company said it is selling part of its cheese business to Lactalis for $3.2 billion. |
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Auburn University Awarded $4 Million to Help Small, Mid-Size Manufacturers |
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The university's Interdisciplinary Center for Advanced Manufacturing Systems (ICAMS) will use the grant to explore the digitalization of manufacturing. |
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Quote/Unquote: |
"We knew we would have to step up in delivering additional N95s to ramp up our capacity. It's something we learned back with SARS more than a decade ago that we were going to be looked to for leadership. And so we invested in capacity to have it ready for the next emergency, the next pandemic. ... That was already part of our playbook." |
— Mike Roman, 3M CEO, recalling feeling the pressure to increase production of N95 masks as demand surged early on in the pandemic. (CNN) |
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Tech Giant Launches ‘Competence Center’ in Singapore |
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Siemens’ new center is expected to help manufacturing companies speed up their transformation amid the COVID-19 pandemic. |
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