• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    Mixing Equipment Directory

    The Wood Coatings Market

    Antimicrobial Coatings Market

    Additives Update

    Pigment Supplier Directory
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Video Bites
    Raw Materials & Equipment
    Suppliers News
    Live From Shows
    Top News
    Croda Named Most Admired Company in British Chemical Sector

    Ashland Increases 1,4-Butanediol, Derivatives Prices in Europe

    First Source Worldwide, LLC Celebrates 20th Anniversary

    Chromaflo Technologies Adds Benjamin Woeste as Territory Sales Manager

    Maroon Group Acquires Cary Company's Raw Materials, Specialty Chemicals Distribution Business
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    The Connection Between Color Psychology & Productivity In The Workplace

    Benjamin Moore Launches COMMAND

    Mule-Hide Products Co. Introduces Seal-Fast Liqui-Flash

    IFS Coatings Breaks Ground on 70,000-Square-Foot Expansion

    Conversation with Henning Kreis of Zeppelin Systems
    Additives
    Binders
    Pigments
    Solvents

    Ashland Increases 1,4-Butanediol, Derivatives Prices in Europe

    AOC Announces EMEA Price Increase

    OQ Chemicals Increases Carboxylic Acids, Esters Prices

    Arkema Reports Full-year 2020 Results

    New Increase in Kynar Fluoropolymer Capacities at Arkema's Chinese Site
    Buyers Guide
    Company Capabilities
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Siltech Corporation

    Active Minerals

    Clariant Additives

    Eagle Specialty Products

    Keim Additec Surface USA LLC
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    Surface Finishing Mexico 2021

    Cleveland Coatings Society Zoom Meeting

    Cleveland Coatings Society Zoom Meeting

    PCI Powder Coating Week

    Southern Society for Coatings Technology Annual Meeting and Technical Conference
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    Keim Additec Surface USA LLC

    Shepherd Color Company, The

    Clariant Additives

    Eagle Specialty Products

    Pilot Chemical Company
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • China Report
      • India/Asia Pacific Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Market Research

    One in Four U.S. Manufacturers Considering Automating Due to COVID-19: Thomas Survey

    Two-thirds of U.S. manufacturers likely to reshore as result of pandemic impact.

    One in Four U.S. Manufacturers Considering Automating Due to COVID-19: Thomas Survey
    Related CONTENT
    • Hempel Reports 2020 Annual Results
    • Clariant’s "New Freedom" Decorative Color Trends Palette: 13 color predictions for trends in 2021
    • Results of Paint Contractor/U.S. Architectural Coatings Industry Research Report
    • Nippon Paint Marine Wins Korea Export Award
    • PPG, PPG Foundation Invested $13 million in Communities Worldwide in 2020
    Thomas05.11.20

    Thomas released a new survey reporting on COVID-19's impact on the U.S. manufacturing and industrial sectors. 

     

    The survey examined more than 1,000 North American manufacturing and industrial suppliers to determine how they have been affected by the global pandemic as well as trends in the space that will continue to shape the industrial sector post-pandemic.

     

    A key survey finding shows that one in four U.S. manufacturers are considering expanding industrial automation as a result of COVID-19, while an additional 20% report they already have systems in place.

     

    Additionally, 64% of manufacturers report they are likely to bring manufacturing production and sourcing back to North America — a 10% increase from the same sentiment reported in the March 2020 survey.

     

    "The COVID-19 pandemic will fundamentally redefine how industrial companies approach their supply chains and will further advance the digital transformation of manufacturing. By embracing real-time resource management, redundancy, reshoring, and the convergence between the digital and physical supply chains, manufacturers will come out of this crisis even stronger than they were before," said Tony Uphoff, president and CEO of Thomas. "It's encouraging to see that even in the most uncertain and challenging of times, the North American manufacturing sector is adeptly rising to the occasion by pivoting production to address the urgent need for PPE and other medical supplies, hiring additional skilled workers, and supporting the industrial economy."

     

    Additional key survey findings include:

    • Future of Industry: While 41% of manufacturers are predicting a decrease in demand as a result of the outbreak, 91% are confident that the sector as a whole will recover;
    • Job Security: 56% of manufacturing companies have not laid off employees due to COVID-19, and 30% of companies are actively hiring;
    • Impact of Non-Essential Businesses: 64% of manufacturers report their business is affected by the shutdown orders impacting other non-essential businesses, with the transportation (77%), automotive (75%), construction (70%), and agricultural (69%) sectors most drastically affected;
    • Relief Efforts: While a majority (85%) of all companies surveyed report they have not shifted to produce supplies related to COVID-19 relief efforts, medical and healthcare, agricultural, and automotive manufacturers are leading the charge to produce PPE;
    • Financial Aid: 63% of manufacturing companies report having applied for financial assistance and of that group, 60% report they applied for the Paycheck Protection Program, 17% report they applied for Economic Injury Disaster Loans and 9% report they applied for Debt Relief and Express Bridge Loans from the Small Business Administration;
    • In-Demand Materials: In order to stabilize supply and keep production on schedule, manufacturers reported the most vital items to be personal protective equipment (42%), metals (37%), fabricated materials (29%), and machining tools and parts (27%).

     

    METHODOLOGY

    The study was conducted online using Qualtrics. This survey was a follow up to the March survey and is the third installment in the series of surveys examining COVID-19's impact on U.S. manufacturing. The survey polled over 1,000 North American suppliers with revenues spanning from less than $4.9 million to over $500 million. Click here to get a copy of the Thomas Industrial Survey: COVID-19' Impact on North American Manufacturers. 

     

    Suggested For You
    Hempel Reports 2020 Annual Results Hempel Reports 2020 Annual Results
    Clariant’s "New Freedom" Decorative Color Trends Palette: 13 color predictions for trends in 2021 Clariant’s "New Freedom" Decorative Color Trends Palette: 13 color predictions for trends in 2021
    Results of Paint Contractor/U.S. Architectural Coatings Industry Research Report Results of Paint Contractor/U.S. Architectural Coatings Industry Research Report
    Nippon Paint Marine Wins Korea Export Award Nippon Paint Marine Wins Korea Export Award
    PPG, PPG Foundation Invested $13 million in Communities Worldwide in 2020 PPG, PPG Foundation Invested $13 million in Communities Worldwide in 2020
    Nix Sensor Ltd. Launching World Nix Sensor Ltd. Launching World's 1st Portable, Durable, 31 Channel Spectrophotometer
    AkzoNobel Publishes 4Q, Full-Year 2020 Results AkzoNobel Publishes 4Q, Full-Year 2020 Results
    Coatings World Reaches 975,000 Visits in 2020 Coatings World Reaches 975,000 Visits in 2020
    PPG 2020 Automotive Color Report Shows Blue Hues Maintaining Pre-pandemic Growth PPG 2020 Automotive Color Report Shows Blue Hues Maintaining Pre-pandemic Growth
    UK Decorator Wins Best of Houzz Award UK Decorator Wins Best of Houzz Award
    Pilot Chemical Awards $1,000 Bonuses to Employees Pilot Chemical Awards $1,000 Bonuses to Employees
    New ASTM International Standard Helps Determine Abrasion Coating Resistance on Smart Device New ASTM International Standard Helps Determine Abrasion Coating Resistance on Smart Device
    Keyland Polymer UV Powder, LLC Launches UVMax Defender Keyland Polymer UV Powder, LLC Launches UVMax Defender
    APV Engineered Coatings Reflects on 2020 APV Engineered Coatings Reflects on 2020
    AkzoNobel Attains Top Employer Status AkzoNobel Attains Top Employer Status

    Related Market Research

    • Market Reports
      Results of Paint Contractor/U.S. Architectural Coatings Industry Research Report

      Results of Paint Contractor/U.S. Architectural Coatings Industry Research Report

      Report looks at business trends in 4Q20 vs. 4Q19.
      Northcoast Research 03.01.21

    • Additives | Market Reports
      Emulsion Polymers Market to Hit $66 Billion by 2027: Transparency Market Research

      Emulsion Polymers Market to Hit $66 Billion by 2027: Transparency Market Research

      ...
      Transparency Market Research 01.14.21

    • Breaking News | Market Reports  | Pigments
      Aluminum Pigments Market Expected to Reach $706 Million By 2027: Transparency Market Research

      Aluminum Pigments Market Expected to Reach $706 Million By 2027: Transparency Market Research

      Projected to grow at a CAGR of nearly 6.6% between 2019 and 2027.
      Transparency Market Research 01.01.21


    • Market Reports
      October 2020 European Paint, Coating Production 1.2% Above Previous Year’s Level

      October 2020 European Paint, Coating Production 1.2% Above Previous Year’s Level

      ...
      CHEM Research 12.31.20

    • Breaking News | Market Reports  | Radcure Coatings
      UV Curable Coatings Market Worth $11.4 Billion by 2025

      UV Curable Coatings Market Worth $11.4 Billion by 2025

      Valued at $6.5 billion in 2020; forecasted to register 12% CAGR.
      MarketsandMarkets 12.14.20

    • Breaking News | Market Reports  | Market Trends & Forecast
      Growth for the Global Paints and Coatings Market in Q3-2020

      Growth for the Global Paints and Coatings Market in Q3-2020

      The global demand for paints and coatings has resumed growth in the third quarter of 2020.
      Coatings World staff 11.09.20


    • Binders | Market Reports
      Coating Resins Market to Reach $52 Billion By 2027: Forencis Research

      Coating Resins Market to Reach $52 Billion By 2027: Forencis Research

      ...
      Forencis Research 10.19.20

    • Breaking News | Market Reports  | Pigments
      High-Performance Pigment Market to Reach $7.58 Billion in 2025: Smithers

      High-Performance Pigment Market to Reach $7.58 Billion in 2025: Smithers

      Global demand for high-performance and special effect pigments in 2020 will be 217,100 tons, with a value of $6.22 billion, according to Smithers.
      Smithers 10.16.20

    • Breaking News | Market Reports
      Coherent Market Insights: Paint And Coatings Market To Surpass $220 Billion By 2027

      Coherent Market Insights: Paint And Coatings Market To Surpass $220 Billion By 2027

      ...
      Coatings World staff 10.12.20


    • Breaking News
      Deloitte Study: The Future of Work in Oil, Gas and Chemicals

      Deloitte Study: The Future of Work in Oil, Gas and Chemicals

      COVID-19 and the oil downturn make workforce and business transformation a strategic imperative.
      Coatings World staff 10.06.20

    • Market Reports
      Intumescent Coatings Market to Cross $1.3 Billion by 2026: Global Market Insights

      Intumescent Coatings Market to Cross $1.3 Billion by 2026: Global Market Insights

      ...
      Global Market Insights 09.29.20

    • Market Reports  | Pigments
      Iron Oxide Pigment Market to Reach $1,951.8 Million By 2025: Transparency Market Research

      Iron Oxide Pigment Market to Reach $1,951.8 Million By 2025: Transparency Market Research

      ...
      Transparency Market Research 09.28.20


    • Construction Chemicals | Market Reports
      Construction Chemical Additives Market Expected to Grow at 9.7% CAGR of 9.7% Between 2020-25

      Construction Chemical Additives Market Expected to Grow at 9.7% CAGR of 9.7% Between 2020-25

      ...
      Infogrowth 09.25.20

    • Breaking News | Market Reports  | Pigments
      Pigments Market To Surpass $22 Billion By 2027: Coherent Market Insights

      Pigments Market To Surpass $22 Billion By 2027: Coherent Market Insights

      Predicted to grow at a CAGR of 4.5%.
      Coherent Market Insights 09.23.20

    • Market Reports  | Powder Coatings
      Powder Coating Market Worth $20.1 Billion by 2027: Precedence Research

      Powder Coating Market Worth $20.1 Billion by 2027: Precedence Research

      ...
      Precedence Research 09.18.20

    Trending
    • AkzoNobel Completes Titan Paints Acquisition
    • Nouryon Agrees To Divest Salt Specialties Business To Salins Group
    • Raw Material Price Increases Pile Pressure On Paint Manufacturers
    • AkzoNobel Kicks Off Paint The Future Startup Challenge In China
    • Benjamin Moore Launches COMMAND
    Breaking News
    • Croda Named Most Admired Company in British Chemical Sector
    • Ashland Increases 1,4-Butanediol, Derivatives Prices in Europe
    • First Source Worldwide, LLC Celebrates 20th Anniversary
    • Chromaflo Technologies Adds Benjamin Woeste as Territory Sales Manager
    • Maroon Group Acquires Cary Company's Raw Materials, Specialty Chemicals Distribution Business
    View Breaking News >
    CURRENT ISSUE

    February 2021

    • Mixing Equipment Directory
    • The Wood Coatings Market
    • Antimicrobial Coatings Market
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Thymoquinone Inhibits Viral Infection in In Vitro Settings, New Study Finds
    IFT Transitions 2021 Annual Event to Digital Experience
    NY Federal Judge Enters Permanent Injunction Against Dietary Supplement Manufacturer
    Coatings World

    Latest Breaking News From Coatings World

    Sherwin-Williams Announces Resignation of President and COO
    Ashland Completes Expansion and Relocation of Viatel Bioresorbable Polymers Manufacturing Facility
    Evonik Receives Sustainability Award from EcVadis
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Cretex CFO Announces Retirement
    New AI-Based Tool Developed for Coronary Artery Analysis, Intervention Planning
    First Reported Use of Pulse Biosciences' CellFX System
    Contract Pharma

    Latest Breaking News From Contract Pharma

    AGC Biologics Expands Cell and Gene Facility in Italy
    Celonic to Boost Cell & Gene Therapy Production
    Pharmaron Acquires Biomanufacturing Site in the UK from AbbVie
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Elizabeth Arden Taps Sui He as Global Brand Ambassador
    Natura &Co Outperforms the Global Market in Q4 2020
    Global Hair Color Market Forecasted to Grow
    Happi

    Latest Breaking News From Happi

    Dr. Sheffield’s Adds New Toothpaste Flavors
    First Two Hand Sanitizers Are Certified by Green Seal
    Elizabeth Arden Taps Supermodel and Actress Sui He
    Ink World

    Latest Breaking News From Ink World

    Massilly North America Adds Koenig & Bauer MetalStar 3 Metal Decorating Press
    Hydrocarbon Solvents Market to Surpass $8.1 Billion by 2030
    Access Direct Mail Doubles Revenue with SCREEN's Truepress Jet520HD
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Arjobex America welcomes Maggie Naberezny to sales team
    Henkel publishes 30th Sustainability Report
    Avery Dennison Smartrac launches new Circus Pro inlays
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    FPInnovations Develops Biodegradable Mask
    Sani Professional Sanitizing and Disinfecting Products Approved by EPA
    Autefa Solutions Offers Fully Automated Line for Protective Mask Production
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Stryker Corp.'s 2020 Sales Slip 3.6 Percent
    Bioventus Appoints Managing Director, China and Asia Pacific
    Full-Year Sales Down 12 Percent at Zimmer Biomet
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Comercial Kywi Improves Customer Service, Front-Store Operations with Zebra Mobile Solution
    Global Printed Circuit Board Market Projected to Reach $69.32 Billion by 2027
    Global Smart Glass Market to Register 6.8% CAGR Between 2021-28: Grand View Research

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login