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GLDPartners News Blog

12July, 2017

Electronics Supply Chains in the US Are About to Get a Big Boost.

By |July 12th, 2017|

The Wall Street Journal is reporting that Taiwan’s Foxconn, Samsung Electronics Company and LG Electronics are all poised to make big investments in the United States. Foxconn Technology Group is preparing to decide on one of seven states where it plans to spend some $10 billion to expand its contract manufacturing operations, a move that will draw in Foxconn’s huge network of suppliers and parts distribution.

1July, 2017

USDoT Launches INFRA Grant Program: GLDPartners Invites Project Reviews

By |July 1st, 2017|

More federal grant funds to support transportation infrastructure were announced in late June. This represents the Trump Administration's follow-on to the project funding program that has been known as FASTLANE previously under the Obama Administration. The newly named program will be called INFRA and will focus on projects in which the local sponsor is significantly invested and where the project is positioned to proceed rapidly to construction. USDoT is interested to participate in projects that are of national or regional economic significance. INFRA funds can be used for a range of purposes, including: reconstruction, rehabilitation, property acquisition, environmental mitigation, construction contingencies, equipment acquisition, and operational improvements. Ultimately funded at $1.5B, this is a modest investment in terms of overall national infrastructure, but does represent some serious funding for specific projects. Representing new emphasis, the DoT is increasingly interested projects that include private investment. Some portion of the funding (25%) is set-aside for projects in rural areas. Applications for funding must be received within 120 days following publication, which was June 29, 2017.

1July, 2017

Need for Greater Commitment to US Strategic Infrastructure Investment: HMT

By |July 1st, 2017|

The Harbor Maintenance Trust Fund Reform Act of 2017 has been introduced in both the US House and Senate to restructure how the Harbor Maintenance Tax Trust Fund monies are spent, with a stronger emphasis on port harbor maintenance needs. Generating over $1.6B every year, diverting monies from the Fund has long been a major issue for seaports as their business activity generates tremendous resources that were intended to be spent on supporting ongoing harbor maintenance needs.

20June, 2017

Magna to build BMW’s new hybrid as the world’s only contract auto manufacturer. More of this to come.

By |June 20th, 2017|

We've been anticipating this and now it's happening and it's big news. The blur between supplier and OEM in the automotive sector is increasing. The giant Canadian-based automotive supplier to OEMs has announced a new facility in Austria to assemble both the Jaguar I-Pace (JLR) and the BMW 5-Series plug-in hybrid vehicles. Now, with contract manufacturer responsibilities, a firm like Magna is moving toward status as a "partner OEM". This is likely to portend other moves where suppliers take on assembly of specialized vehicles for legacy OEMs, but also for some of the new-on-scene tech-oriented automotive start-ups.

12June, 2017

Delphi: A Lesson in Modern “Corporate Industrial Evolution”

By |June 12th, 2017|

Delphi Automotive is becoming a global leader in next-generation automotive technology and this transformation is probably one of the best examples of a successful corporate transformation. Delphi has come full-circle in shedding its formal role as producers of commodity products for the massive automotive industry, and anticipating a fundamentally new automotive industry has repositioning itself as a leader in what's being referred to as producing and servicing tomorrow's "automotive networks".

4June, 2017

Global Inland Port Investments: Logistics Efficiencies or Economic Development? Or Both?

By |June 4th, 2017|

Around the world, the inland port phenomenon is gaining momentum very rapidly. At the bottom of this article, we list just some of the recent news articles published over the last few months from around the world, talking about new or proposed inland port projects. This is just a sampling, there are many more. The inland port concept is quite popular right now but we wanted to highlight some critical issues that will impact their ultimate success.