Tag Archives: industrial policy

CHIPS Act – National Security Rules Issued

Posted on 22 September 2023 by Ken Zino

“CHIPS for America is fundamentally a national security initiative and these guardrails will help ensure companies receiving US Government funds do not undermine our national security as we continue to coordinate with our allies and partners to strengthen global supply chains and enhance our collective security,” claimed Secretary of Commerce Gina Raimondo.

As with all such bills emanating in Washington, the devil is in the details of how the stated goal of enhancing global supply chain resilience in coordination with allies and partners will be governed, at least on paper. Nevertheless, this appears to be another successful implementation of awakened policies in the areas of national security, trade, jobs and the economy. It is also a diplomatic victory. Continue reading →

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BMW Manufacturing Spartanburg Supports 43,000 SC Jobs

Posted on 21 March 2023 by Ken Zino

The plant’s direct employment base also accounts for 4.8% of all manufacturing jobs across South Carolina. The former Confederate state of South Carolina is currently enmeshed in battle over whether or not to impose the death penalty for abortions. BMW Manufacturing has a Family Health Center at its South Carolina plant for all BMW workers, retirees and their dependents with occupational, primary care services, as well as vision, dental and physical therapy. The combination of cost savings and the benefits of having medical services all in one location offer the company’s non-unionized workforce a progressive option in their healthcare management. The center is a $5 million investment in a 25,000 square foot facility. To say that this would be a politically sensitive at a woke German automaker is an understatement. Continue reading →

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BMW to Build a Car Plant in Brazil Prompted by Tough Legislation

Posted on 22 October 2012 by Ken Zino

The BMW Group plans to build a new auto plant in Brazil, based on the government’s new industrial policy under the so-called “Inovar Auto” legislation just adapted. The hard-nosed legislation strictly limits the amount of money that can be counted toward local content, imposes tariffs and requires specific R&D and production investments as a percentage of sales that increase from now until 2017. It is the latest example of protecting a local auto industry against pillaging by global companies in the view of supporters. Critics counter that consumers will pay higher prices. Continue reading →

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GM China Advanced Technical Center Nears Completion

Posted on 19 December 2011 by Ken Zino

GM intends to use Chinese battery suppliers in future electric vehicles – the latest setback for beleaguered U.S. workers who are facing grim employment prospects in the moribund U.S. economy. This is no longer a blue-collar or solely a UAW problem. College level white collar engineering jobs are at stake in advanced technologies touted by politicians as the key to returning the U.S. to global competitiveness. Continue reading →

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Editorial: Happy Fourth of July! More Independence Needed

Posted on 4 July 2011 by Ken Zino

We should celebrate our past today, and honor the men and women of vision – and property – who created this country starting with the War of Independence, continuing through the Articles of Confederation and the U.S. Constitution that is still in place, as fine a document of governance of the people, by the people and for the people that ever existed. Remember well the resounding words of its preamble – WE THE PEOPLE. And we need to toss out of office the people who don’t understand WE, who are in it just for ME. Continue reading →

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Ford Sollers to Build and Sell Vehicles in Russian Federation

Posted on 18 February 2011 by Ken Zino

Manufacturers of cars and auto components that apply “industrial assembly” processes in Russia are eligible for reduced taxes and duties from the Russian Federation. Under the new policy, customs duties are to decrease to 0 to 5% of the cost of auto components compared to 12%. Continue reading →

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China Will Lead Electric Vehicles as U.S. Remains Conflicted

Posted on 19 January 2011 by Ken Zino

China could lead the race to roll out electric vehicles and will deploy new transport technologies more quickly than the United States, according to a report by Accenture (NYSE: ACN). However, the U.S. could lead a global biotechnology-based agricultural revolution that will generate more biofuel breakthroughs.

The report, “The US and China: the race to disruptive transport technologies,” claims that China’s state-backed focus on electric vehicles (EVs), its domestic supplies of lithium and current battery production capacity will give it a competitive advantage over the U.S. in EVs. Continue reading →

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