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Multiple Supply Chain Risks Accelerate Reshoring

Gary Mintchell

Supply chain problems even before the pandemic were causing a rethinking of that latter strategy. In 2021, the private and federal push for domestic supply of essential goods propelled reshoring and foreign direct investment (FDI) job announcements to a record high. The Reshoring Initiative has compiled some latest numbers.

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CV manufacturing bounces back in best April since 2010

SMMT

to 10,504 units in April, marking the month’s best performance since 2010 and an uplift after two months of successive decline. In a sign that recent supply chain shortages are easing, production ramped up to deliver the best-performing April since 2010. CV production grows 33.3% Export demand soars, rising 56.3%

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CV manufacturing records best year to date since 2010 despite April fall

SMMT

lead in first four months – the best year to date performance since 2010. April’s decline reflects some temporary supply chain shortages and normalisation of the market following high levels of pent-up demand post-Covid. UK CV manufacturing declines -19.9% to 8,413 units in April but maintains 13.6% on the same period last year.

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Asset Alliance Group supplies new DAF trucks to NX Group

SMMT

Founded in 2010, the group offers secure supply chain solutions, which provide efficient movement and storage of goods. NX Group has a fleet of more than 30 commercial vehicles, consisting of a mixture of box-sided trucks from 18-tonnes up to 44-tonne tractor unit and trailer combinations.

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CSIRO awarded Boeing’s Supplier of the Year

Manufacturer's Monthly

Boeing , the world’s largest aerospace company, has named CSIRO , Australia’s national science agency, a Supplier of the Year for the fifth time since 2010. CSIRO was previously named a Boeing Supplier of the Year in 2018, 2017, 2016 and 2010. Learn more about CSIRO’s thriving collaboration with Boeing.

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Michel Robidoux of Sandoz Canada elected Chair of CGPA

Canadian Manufacturing

Mr. Robidoux said that the industry’s focus remains working with government and all stakeholders in the supply chain to ensure a stable, predictable market for the sector, and the continued supply and introduction of cost-saving generic prescription medicines for Canadians.

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UK Auto makes one million vehicles and welcomes £23.7 billion investment boost

SMMT

UK must now ramp up EV supply chain and deliver return on investments. in 2023, its best growth rate since 2010, with the total retail value of all models made coming in at more than £50 billion. Mike Hawes, SMMT Chief Executive, said, Receding supply chain challenges, new model introductions and a massive £23.7