Oil and gas companies are facing a labor shortage that poses serious risk to the industry’s efforts to recover from the tumult of the past two years. Some workers are moving to the renewable energy space, while others are leaving the industry altogether. … READ MORE >
industrials
Rising capex investments require ‘new collar’ workers: Spring 2022 outlook
Since the last economic recession, the industrial sector has lagged others in capital goods investments, but 2021 saw record industrial spending in this area as companies played catch-up. This elevated spending could have important implications for the industry’s future, especially on the labor front. … READ MORE >
Robots rise on the shop floor: Spring 2022 outlook
Manufacturers have struggled to meet the demand spike after the initial pandemic slump for many reasons, but perhaps most importantly because of labor shortages. This has strengthened the case for companies to invest in robotics and automation. … READ MORE >
Manufacturing and energy industry outlook: Spring 2022
Our spring outlook examines how manufacturing companies can thoughtfully incorporate robotics into their business models, lessons learned from the auto industry when it comes to automation, the oil and gas workforce landscape, and the labor implications of elevated capital expenditure investments. … READ MORE >
What Biden’s $1.2T infrastructure package means for manufacturing and energy
While construction sector businesses are perhaps the clearest category that will benefit, so will companies throughout the industrial supply chain, including steel and material suppliers, engineering services firms, and more. … READ MORE >
The LIBOR transition could affect manufacturing companies
Given the various departments, business units and locations that are part of global manufacturing companies’ structure, the direct and indirect exposures can be quite substantial. … READ MORE >
This week in energy: Global shortage, Canada fossil fuels, Northam conference hot topics
In this week’s energy industry analysis, we take a look at the continuing global energy crunch, what the increased demand for fossil fuels means for Canada, and highlights from the Northam Energy Capital Assembly conference. … READ MORE >
Canada manufacturing sales hit new high amid rising energy demand
Middle market businesses in manufacturing not experiencing supply chain issues will benefit from high demand, while others will see industrial product price increases. … READ MORE >
Government services executives highlight 5 trends from Q2
While government services contractors battle a tight labor market and continued supply chain disruptions, they are excited for what the future holds relating to infrastructure, artificial intelligence and zero-trust cybersecurity. … READ MORE >
Global manufacturing activity and delta-induced supply chain disruptions
Rising costs and supply chain constraints continue to disrupt U.S. manufacturing activity and may worsen as the world’s factory floors brace for more shutdowns linked to the spread of the coronavirus delta variant. Even U.S. companies that do not have operations in other countries can expect to feel the strain, considering they likely have global suppliers somewhere in their supply chain. … READ MORE >