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Thomas News Highlights

News Highlight

Quality Magazine: Unprecedented Time for Manufacturing

Tony Uphoff, president and CEO of Thomas, recently spoke to Quality about the latest in a series of Thomas surveys regarding the pandemic. The first one began in February and the latest one was conducted in late June and early July. The research found that 90% of respondents reported a negative impact on their manufacturing operations. At the same time, 91% found reason for optimism and thought that North American manufacturing would come back stronger. 

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News Highlight

Forbes: Why Consider Supply Chain Diversification?

In discussing supply chain diversification and protection against economic uncertainty, this piece cites the recent Thomas Industrial Survey: "An April Thomas Industrial survey revealed that due to disruptions related to Covid-19, 64% of companies across North American industrial and manufacturing sectors are "likely to bring manufacturing production and sourcing back to North America." And 28% of manufacturing respondents were "extremely likely" to bring more production and sourcing back to North America following the pandemic.

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News Highlight

The Fabricator: Survey says underused apprenticeship programs prove their worth amid COVID-19 skill shortages

Thomas has released the results of a survey canvassing 746 North American manufacturing and industrial suppliers to identify the major trends stemming from the global pandemic as the industrial sector pivots its supply chains and tactics to prepare for the new industrial landscape. A key survey finding shows the value of apprenticeship programs in combating the skills gap: 26% of companies surveyed have adopted such programs, and those that have were overall less impacted by the lack of available skilled labor.

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