Uncertainty is the new reality

July 19, 2016
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By Robert McCutcheon, Partner, US Industrial Products Leader Just as we were right about to pass the middle of the year mark, the global marketplace gets an unexpected twist – Brexit. I personally experienced the whole situation playing out during my family vacation in Europe. We didn’t think we’d witness history during this trip, but […]

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2016 analysis of favorable geographies for aerospace manufacturing

July 14, 2016
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By Scott Thompson, US Aerospace & Defense Assurance Leader The commercial aircraft industry continues to grow as there is a steady stream of demand for more aircraft. To meet these demands, various aerospace companies are investing in certain regions. PwC has released the third edition of its Aerospace Manufacturing Attractiveness Rankings, a guide to attractive […]

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Navigating through uncertainty… Industrial manufacturers hunker down in slower growth environment

July 12, 2016
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By Bobby Bono, US Industrial Manufacturing Leader, PwC Economic sentiment remained largely status quo in our second quarter Manufacturing Barometer survey, as industrial manufacturers continued to adjust to a more difficult macro-economic climate globally. A heightened sense of caution has led to a generally conservative approach to hiring, capital spending, and geographic expansion as management […]

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The aerospace industry’s digital elephant

June 29, 2016
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By Charles Marx, US Aerospace & Defense Leader, PwC Digital means different things to different industries, and definitions often vary based on maturity. For the aerospace industry, digital has been slow to get off the ground. When people ask me why, I’m reminded of the Indian parable about a group of men in a dark […]

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Manufacturers are investing heavily in digital ecosystems…but where will they get returns?

June 21, 2016
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By Robert McCutcheon, Partner, US Industrial Products Leader As mentioned in our previous blog post, manufacturers are dialing up their digital spends – creating connectivity and efficiencies on their factory floors, throughout their supply chains, and with their customers. Our recent white paper describes the course they’re on. Consider that in the last two years, […]

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Tailwinds 2016 – Surging airline profits: Now what?

June 16, 2016
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By: Jonathan Kletzel, US Transportation & Logistics Leader, PwC Low fuel prices continue to boost the profits of the global airlines industry. Our recent look at airlines industry trends shows net and operating margins at record highs. So now airlines have the enviable challenge of what to do with their profits. Some airlines have already […]

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The smart factory is only as smart as its workers

June 15, 2016
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By: John Karren, US Industrial Products People & Organization Leader, PwC and Gardner Carrick, Vice President, Strategic Initiatives, Manufacturing Institute Who’s disrupting whom? That question has reached peak-hype in the last year as industries brace for the next big quake of disruption from a new technology (Internet of Things, anyone?) or a new start-up or […]

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A mixed bag: Global economic factors vary in their impact on effective tax rates, according to 2016 benchmarking study

June 7, 2016

By Michael W. Burak, US & Global Industrial Products Tax Leader We recently issued the latest findings of our Assessing tax benchmarking analysis. The study examines the effective tax rates (ETRs) of 290 industrial products and services companies and provides insight into key industry trends. Reflecting global economic factors present in 2015, the average ETR […]

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Aerospace and defense industry reports decline in revenue and profit in 2015 but remains strong

June 2, 2016
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By Scott Thompson, US Aerospace & Defense Assurance Leader, and Chuck Marx, US Aerospace & Defense Leader Impacted by the strong U.S. dollar, the aerospace and defense (A&D) industry reported lower revenues and profits in 2015 compared with 2014, ending a run of five consecutive years of record revenue and operating profit. Revenue decreased by […]

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Wearable technology in the connected factory of the future

May 24, 2016
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By Robert McCutcheon, Partner, US Industrial Products Leader From 3D printing to robotics to sensors, manufacturers have already made an impressive headway in adopting new technology on the factory floor. Another connected device that’s shaping the Factory of the Future is wearables – small accessories that help people and machines connect – designed to merge […]

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