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Category searches on the industrial marketplace IndustryNet have spiked over the past two months as manufacturers react to COVID-related supply chain disruptions and ongoing tariffs, with many seeking to source stateside.
In May of 2020, industrial category searches on IndustryNet totaled 393,201. This represents an increase of 12% from May�s 2019 category searches, adding to the 42% year-over-year increase we reported for April.
A closer look at the data reveals some compelling trends and provides insight into the U.S. manufacturing climate at present. Certain industries have seen significant spikes in interest, suggesting more domestic sourcing in specific sectors. This post will take a look at the most popular broad category searches on IndustryNet in May....(Full Article)
Industrial Category Searches Surge 42% on IndustryNet as Coronavirus Shakes Up U.S. Supply Chains
Tuesday, May 5, 2020
U.S. manufacturers continue to adapt to a business landscape radically altered by COVID-19, with many struggling with supply chain gaps caused by widespread closures in China and across the U.S.
Some industrial companies have remained open, their products deemed critical by the federal government, while others have overhauled their facilities to produce completely new parts and products needed in the coronavirus fight. ...(Full Article)
IndustryNet's most recent overview of U.S. chemical companies found the sector has posted some positive growth, adding 1.5% to its workforce over the past year and bringing in a robust $850 billion in sales. Today, the industry is one of the leading sectors in America, and with over 70,000 products, U.S. chemical companies continue to change and evolve.
Today, IndustryNet takes a look at some of the top chemical companies in the U.S.
Top 10 Companies by Number of Employees
Do the best companies require the most employees? In the world of automation, it is difficult to tell. These are the top ten chemical companies in the U.S. by number of people employed.
10. E. I. du Pont de Nemours & Co.
Coming in at number ten on the list is E. I. du Pont de Nemours & Co. Based out of Wil...(Full Article)
GT Nexus notes in a recent report that the worldwide chemical industry is expected to double by 2035. American Chemistry supports this view, adding that the growth of the chemical industry is expected to outpace the growth of the U.S. economy as a whole.
IndustryNet, has recently compiled statistical information analyzing the U.S. chemical industry in September 2017. This article will explore the findings of that compilation in both the industry as a whole, and in regional differences within the United States. IndustryNet is tracking 2,252 chemical manufacturers which employ 158,325 workers, bringing in nearly $850 billion in sales annually. Over the past year, job growth increased 1.5 percent in this sector.
U.S. manufacturing as a whole exports only 29 percent of its products. But ...(Full Article)
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