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Date and time: Wednesday, June 25, 2014 2:00 pm
Eastern Daylight Time (New
York, GMT-04:00)
Duration: 1 hour
Description:
“Made in America” is making a comeback according to recent
U.S. manufacturing data which highlights consistent increases in manufacturing
in 2014. Positive data in the manufacturing industry also indicates:
- Not only is U.S. manufacturing strengthening, it is also
becoming more affordable than in the past. A recent Boston Consulting Group
report found that manufacturing in the U.S. can be cheaper than making goods in
Eastern Europe and is less than 5% more expensive than producing items in
China.
- Manufacturers in the U.S. are more optimistic about demand
and capital spending this year than they were at the end of 2013, according to
a survey by the Institute for Supply Management (reported by Bloomberg).
However, the manufacturing sector also faces some challenges.
Despite there being more than 12 million employed manufacturing workers in the
U.S., the sector still needs to fill approximately 600,000 jobs, according to
the Bureau of Labor Statistics. In addition to the shortage of skilled workers,
the evolution of new manufacturing methods, including 3-D printing technology,
materials design and processing, and digital technologies are changing the way
goods are produced, allowing companies to test and manufacture on demand.
Combined, the aforementioned factors have resulted in
increased deal activity and deal sizes. A recent Manufacturing Business
Technology article that highlighted data from PwC, stated, “The first quarter
of 2014 recorded 33 transactions (with values of $50 million or more) in the
industrial manufacturing sector for a total deal value of $14.7 billion
compared to 40 deals in the fourth quarter of 2013 worth $9.8 billion.” Many of
these transactions were focused on bolstering and strengthening existing
manufacturing capabilities.
Join the upcoming Merrill DataSite webinar as we hear from a
panel of experts about the trends they are seeing in the broader manufacturing
transaction marketplace and their predictions for the remainder of 2014.
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About Merrill DataSite
Merrill
DataSite is a secure virtual data room (VDR) solution that optimises
the due diligence process by providing a highly efficient and secure method for
sharing key business information between multiple parties. Merrill DataSite
provides unlimited access for users worldwide, as well as real-time activity
reports, site-wide search at the document level, enhanced communications
through the Q&A feature and superior project management service - all of
which help reduce transaction time and expense. Merrill DataSite’s multilingual
support staff is available from anywhere in the world, 24/7, and can have your
VDR up and running with thousands of pages loaded within 24 hours or less.
With its deep roots in transaction and compliance services, Merrill Corporation has a cultural, organisation-wide discipline in the management and processing of confidential content. Merrill DataSite is the first VDR provider to understand customer and industry needs by earning an ISO/IEC 27001:2005 certificate of registration – the highest standard for information security – and is currently the world’s only VDR certified for operations in the Europe, United States and Asia.
As the leading provider of VDR solutions, Merrill DataSite has empowered more than two million unique visitors to perform electronic due diligence on thousands of transactions totalling trillions of dollars in asset value. Merrill DataSite VDR solution has become an essential tool in an efficient and legally defensible process for completing multiple types of financial transactions.
For more information, please contact Merrill DataSite: Tel: 1-866-399-3770;
Email: info@datasite.com; Web: http://www.datasite.com
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