A huge explosion at an industrial facility in Medley, Florida has left two people dead and several more injured, according to reports. Massive plumes of smoke can be seen filling the skies as the factory was engulfed by a large blaze. According to footage obtained from nearby businesses and TV…
Multiple fire crews in Ohio have been battling a large blaze after a huge explosion destroyed a Cleveland-area manufacturing plant. According to Fox 8, witnesses said an explosion occurred at the I Schumann & Co. metal and paint plant in Bedford just after 2 pm on Monday. The factory produces…
China's world-dominating manufacturing industry is rapidly collapsing as multiple factors weigh heavily on the Chinese economy. China's emergence as a global superpower has been one of the most noteworthy geopolitical and economic developments in modern history. However, the miraculous rise of the once-ascendent communist nation could lose tremendous momentum. The…
An influential donor to Democrat President Joe Biden has claimed that the idea of preserving domestic manufacturing is a "fetish." Top Washington D.C. think tank head and Democratic Party financier Adam Posen argues that people oppose offshoring because they want to keep "white males with low education in the powerful…
China's manufacturing and services sectors' activity contracted in March at the fastest pace in the past two years, according to reports. Activities slowed last month as local governments locked down major factory and trade hubs to curb the worst resurgence of COVID-19 cases since early 2020. On April 1, the…