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Revitalization Unlimited Expands Historic Investment Footprint With New Acquisitions in Kansas City and Miami

Wed, 21 Jan 2026 14:21:41 GMT

Fund reinforces commitment to preserving historic properties while

 ensuring long-term economic viability.

MIAMI— Jan. 21, 2026 — Revitalization Unlimited , an investment fund dedicated to preserving historically significant U.S. real estate, today announced the acquisition of two historic properties in Kansas City, Missouri, and Miami, Florida, reinforcing the firm’s strategy of investing in legacy buildings with strong fundamentals and long-term growth potential.

The acquisitions reflect Revitalization Unlimited’s continued focus on markets where thoughtful development, historic preservation and economic momentum intersect.

“We are not just preserving historic properties; we are ensuring their long-term viability through sustained capital investment and historic preservation easements that legally protect these buildings for the future,” said Steve Austin, founder and CEO of Revitalization Unlimited. “Kansas City and Miami continue to demonstrate the right combination of growth, community engagement and opportunity to make these buildings productive, enduring assets.”

Kansas City: Continued Investment in a Growing Downtown Corridor

In Kansas City, Revitalization Unlimited acquired a Class A, mixed-use office and hospitality property, formerly home to the historic Western Union Newspaper Building. The move deepens the firm’s presence in the downtown area, with the newly acquired building located approximately half a mile from a property owned by Revitalization Unlimited’s prior fund.

The building was renovated in 2017 and is move-in ready for new tenants, offering modernized office space alongside hospitality-oriented uses, while retaining its historic character. Revitalization Unlimited plans to continue the careful preservation of the building’s architectural features, building on the work of the prior owner.

“We’re excited to partner with the previous owner, who did an excellent job preserving the historic integrity of the property,” said Chris Miller, president of Capital Markets at Revitalization Unlimited. “Our goal is to carry that stewardship forward while activating the building in a way that supports the surrounding community.”

Kansas City’s continued downtown redevelopment, proximity to major events and convention activity, and sustained commercial growth made the market a natural choice for reinvestment. Maintaining multiple properties within the same area also allows Revitalization Unlimited to take a long-term, neighborhood-focused approach to revitalization.

Miami: Protecting a Historic Downtown Asset

In Miami, Revitalization Unlimited acquired a former courthouse property in the downtown core, marking the firm’s second investmen t in the city. The acquisition reflects the firm’s commitment to permanently protecting historically significant properties amid rapid development.

Downtown Miami and its surrounding districts are experiencing significant real estate growth, driven by major mixed-use projects, infrastructure investment and increased walkability connecting Brickell, the Arts District, and the city’s commercial core.

“Miami is evolving quickly, and that growth makes it even more important to protect the buildings that define the city’s history,” Austin said. “This investment allows us to preserve an important downtown property while contributing to the long-term vitality of the area.”

About Revitalization Unlimited
Revitalization Unlimited is dedicated to preserving historically significant real estate and legacy industrial manufacturing businesses across communities in the United States. With a steadfast commitment to safeguarding America’s heritage, Revitalization Unlimited revitalizes communities by breathing new life into historic assets, creating lasting value for investors and local neighborhoods alike. For more information, visit www.revitalizationunlimited.com .

Media Contact
Sam Brancato
PRforRevitalizationUnlimited@bospar.com

Revived Westmoreland metal fabricator maps big expansion

Thu, 17 Jul 2025 22:59:18 GMT

Kris B. Mamula

Pittsburgh Post-Gazette

A Westmoreland County precision metal fabricator has big plans for expansion, following acquisition by a Tennessee outfit in May.

Nashville-based investment group Manufacturing Corporation of America acquired the equipment and machining assets of Fossil Industries then promptly rehired six employees who were with Fossil when it closed, also in May. Within 18 months, Fossil, now operating as a division of MCA, anticipates having a workforce of 50 people, Steve Austin, an MCA founder and company CEO, said Thursday.

In addition, MCA anticipates doubling the size of Fossil’s approximately 40,000-square-foot plant, which is located in Westmoreland Technology Park II, a 143-acre development in East Huntingdon and Hempfield townships in Westmoreland County.

“There’s pretty strong demand right now for what we do,” Mr. Austin said. “There’s lots of sophisticated, high-end equipment there, and to get all that sophistication under one roof today is uncommon in the industry.”

Fossil was founded by veteran engineer James Rose, of Murrysville, as a high-tech manufacturing startup about five years ago. The company specialized in precision sheet and tube cutting, 3D design and welding services. Fossil also manufactured a line of consumer products, including barbecue grills, fireplace components and aftermarket automotive parts, which were not part of the MCA deal.

Mr. Rose was not available for comment.

Shares of privately held MCA are available to employees through a stock ownership plan, which provides retirement benefits and a stake in the company. Proceeds from the sale of an MCA division become a return for investors, Mr. Austin said.

First Published: July 17, 2025, 4:21 p.m.
Updated: July 17, 2025, 4:25 p.m.

Read article here: https://www.post-gazette.com/business/pittsburgh-company-news/2025/07/17/westmoreland-county-manufacturing-america-fossil-industries/stories/202507170087

Shuttered Pennsylvania Metalworking Facility Acquired, Reopened

Mon, 23 Jun 2025 22:51:49 GMT

Laser tube cutting machine at Fossil Industries, Hunker, Pa.

Source: Prestige Auctions/PRNewswire

Manufacturing Corporation of America announced Monday that it has acquired Fossil Industries and reopened the company’s shuttered western Pennsylvania metalworking facility.

The Hunker, Pennsylvania, site offers precision sheet and tube laser cutting, bending and fabrication services, MCA officials said. The facility was slated to go up for auction last week, according to an announcement in May; terms of the deal with MCA were not disclosed.

MCA officials said that the move would bolster its metal fabrication capabilities and further diversify its overall operations. It would also “directly” support its acquisition of Boss Lighting.

Fossil will operate under the MCA brand effective “immediately,” and MCA noted that it is “actively rehiring” former Fossil employees that would like to return to the facility. Six former employees are already back at work at the facility, and MCA plans to triple the workforce by the end of the year.

“We’re excited to restore these valuable jobs to the community, and enhance our ability to support our customers throughout Pennsylvania, Ohio and New York,” MCA President Steven Austin said in a statement.

Read Story: https://www.designdevelopmenttoday.com/home/news/22944088/shuttered-pennsylvania-metalworking-facility-acquired-reopened

Its new owner plans to triple the current workforce by the end of the year.

By: Industrial Distribution staff

Jun 23, 2025

BIGGEST RISK with Steve Austin

Tue, 20 May 2025 19:03:58 GMT

What's the BIGGEST RISK Real Estate Investors face? Find out how Steve Austin answers the question.

Commercial Real Estate Pro Network

MCA acquires Sunbrite Solutions

Wed, 14 May 2025 19:17:09 GMT

Acquisition includes rebranding, investment in a new 7,500ft² manufacturing plan

Read Article: https://www.ibinews.com/news/mca-acquires-sunbrite-solutions/51576.article

Podcast | Will the Trump Tariffs Spark a Surge in U.S. Manufacturing?

Fri, 11 Apr 2025 19:15:06 GMT

The global trading system is in a state of chaos. Will American manufacturing benefit from it?

One of several (and often conflicting) reasons given by President Trump for imposing massive tariffs on virtually all U.S. trading partners is the desire to trigger a resurgence of American manufacturing. So how is industry responding? Will we see a return of all that production capacity that was offshored to China and other parts of Asia decades ago? On this episode, we get a perspective from Steve Austin, chief executive officer of the Manufacturing Corporation of America . He weighs in on whether the pain caused by tariffs, and resulting economic uncertainty, will lead to a happy ending for domestic producers. And he discusses some of the obstacles that stand in the way of that happening, including like-for-like retaliation by U.S. trading partners. Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.

Preserving Historically Significant Real Estate with Steve Austin - CRE PN #498

Thu, 10 Apr 2025 19:12:15 GMT

Commercial Real Estate Pro Network

Today, my guest is Steve Austin. Steve Austin is the founder and CEO of Revitalization Unlimited, where he focuses on structuring the company's investments to maximize value for the portfolio. He has a diverse entrepreneurial background and has started companies in several different sectors. And in just a minute, we're going to speak with Steve Austin about preserving historically significant real estate.

Price Hikes and Tariffs: Some Common Sense

Thu, 10 Apr 2025 18:58:01 GMT

There’s a lot of confusion currently about the U.S. President’s tariff program. Some of it is unavoidable. Whatever Donald Trump’s actual goals are, his flip-flopping on tariff policy and implementation has brought chaotic uncertainty to international trade, and therefore supply chain operations. But some confusion springs from an apparently fundamental misunderstanding of how tariffs apply to wholesale and retail prices in practicality.

A 100% tariff on goods from China does not mean the retail price will double (unless retailers exploit the opportunity to raise prices anyway, as happened recently with eggs) . Even wholesale prices should not increase in line with tariff rates; those include all sorts of “landed costs,” including shipping, insurance, processing, warehousing, distribution and more.

Tariffs are assessed on the stated value of any goods at the time they left the country of origin, converted out of the local currency (more about that later) into a dollar value for the purposes of collection by U.S. Customs and Border Protection.

Fuzzy Math

Why, then, is the mainstream media getting its math so wrong? Even the BBC has fallen prey to the misunderstanding, quoting an estimate from Reuters, based on the then-extant 54% tariff on imports from China, that an iPhone 16’s sticker price “could” go from $800 to $1,142. That’s an increase of $342. If that increase comes solely from the new tariffs, as suggested, that means the original import value of the phone, before the new tariffs, was $633, leaving $167 to cover all the costs associated with putting it in the hands of customers — including the ones listed above, plus sales, marketing, promotions, staffing and physical store overheads — and, of course, a profit. (Apple clocked a profit of $93.7 billion on revenue of $391 billion in 2024; a profit margin of 24%. That would put profit alone on an $800 iPhone at $192, already more than the $167 left after paying the miscalculated import price.)

A study published in 2018 by The Conversation , a nonprofit, independent news organization , estimated then that an iPhone at U.S. port of entry was valued at around $240, retailing at around $650, putting the current import duty value somewhere around $320. A 54% tariff on that is $172 – half of the Reuters estimate. Critically, that leaves more than $300 to cover other costs and profit, even without raising the price.

Eat That!

Whatever the extra costs, it is quite likely retailers will opt for “eating” them instead of putting prices up, because many did after 2018, when Trump introduced new tariffs, particularly targeting China, at the beginning of his first term as president. During an interview on the April 3 podcast Bad Faith , Lori Wallach, director of Rethink Trade at the American Economic Liberties Project and a senior adviser to the Citizens Trade Campaign , gave the example of a t-shirt that a major big-box store sells for $8, which has an import value of 8 cents, meaning a 25% tariff adds 2 cents to the overall cost, which is arguably palatable for the retailer to absorb.

“And that is what happened [last time]. We’ve lived through this,” said Wallach. “Donald Trump One put, on average, 20% tariffs on $350 billion of stuff coming from China. Did we see inflation spur in 2018 and 2019? No, we did not, actually. It was COVID, in the middle of 2020, when we started to see inflation jump.”

Another consideration is the control countries such as China have over their currency — one of the arguments for punitive tariffs against China is that it has artificially kept the yuan undervalued so that its exports are cheap. Because China is a Communist dictatorship, it can manipulate the currency’s value down further in order to compensate for raised tariff rates, keeping prices low. If that sounds financially suicidal, consider the findings in that 2018 study in The Conversation . That reckoned that China actually reaped an average of $8.46 on an iPhone with an import value of $237.45 (the amount calculated in the trade deficit), with the rest of it going to buy the constituent parts made in the U.S., Japan, Taiwan and South Korea.

When it comes to the current trade wars, ocean carriers, importers, warehouse operators, truck, rail and logistics providers have more to worry about in terms of unpredictable volumes and uncertain manufacturing and infrastructure investments that guide their own financial strategies.

The Cost of Domestic Production

One of the biggest questions remaining is whether Trump’s policies will massively increase manufacturing within the U.S. There, the math is easier to grasp. According to the Reshoring Institute , a research and consulting firm, data on manufacturing wages in 2022 paint a stark picture of astronomically increased labor costs if U.S. workers start making the stuff they buy. China’s productio n workers get around $14,000 per year; Vietnam’s get $6,000 annually, Mexico’s earn $2,500 and U.S. production workers get $32 ,000. In an April 9 interview with CNN, Dan Ives, global head of technology research at financial services firm Wedbush Securities , said that could drive the cost of an iPhone to $3,500 .

Many therefore argue that the U.S. will continue to rely heavily on imported goods, because they will still be cheaper — even with tariffs designed to rebalance trade — than the same products made domestically. Prices may rise but, in the absence of price-gouging, they will not rise as much as is currently being trumpeted.

For example, even if a 25% tariff on all imports from Mexico remains, that might still not have the intended effect, said Steve Austin, CEO of Manufacturing Corporation of America (MCA), which buys and agglomerates legacy manufacturers in the U.S., in an interview with SupplyChainBrain earlier this year. “I don’t even know if that would be enough to discourage companies from nearshoring," he says. "As a manufacturer, you’ve got to look at the whole picture — low wages, cheap land and easy transport into the U.S. market. If the product is still cheaper even with the tariffs in place, it’s still going to be made in Mexico.”

Read Article: https://www.supplychainbrain.com/articles/41526-price-hikes-and-tariffs-some-common-sense

Revitalization Unlimited Acquires 34,160 SF Mixed-Use DeGraff Building in Colorado Springs

Thu, 13 Mar 2025 18:55:51 GMT

Located at 118 N. Tejon St. in Colorado Springs, Colo., The DeGraff Building offers 34,160 square feet of restaurant and office space.

COLORADO SPRINGS, COLO. — Revitalization Unlimited has purchased The DeGraff Building, a mixed-use property at 118 N. Tejon St. in Colorado Springs. Terms of the transaction were not released. The four-story, 34,160-square-foot building features 18 rental units, 16 of which are currently leased. For the past decade, Oskar Blues Grill & Brew has occupied the first floor and basement, while the upper floors are used as office space. Built in 1897, The DeGraff Building is listed on the National Register of Historic Places.

Read Article: https://rebusinessonline.com/revitalization-unlimited-acquires-34160-sf-mixed-use-degraff-building-in-colorado-springs/

Economists observe that American wages are already high compared to those in countries that make most of what’s in our homes and offices. The federal minimum wage is $7.25, and the average wage in man

Tue, 25 Feb 2025 18:48:00 GMT

High-net-worth investors are eyeing historic properties in booming cities. Learn why this 110-year-old Miami landmark caught one fund's attention.

Read Article: https://www.bizjournals.com/southflorida/news/2025/02/25/downtown-miami-world-precious-metal-building-sold.htm l

The Big Gamble on Tariff Policy

Thu, 20 Feb 2025 18:45:38 GMT

Uncertainty rages about which — if any — of President Donald Trump’s threatened tariffs on imports into the U.S. will actually come into effect, and when. Companies that do business in the U.S. are holding off on capital expenditures, exploring new places for manufacturing and sourcing, and running extensive what-if scenarios, all in order to try to stay ahead of the competition.

In order to pull away from endless (and expensive) speculation, SupplyChainBrain talked to a range of industry experts to figure out what happened the last time Trump introduced punitive tariffs, and how differently things might play out in in his second administration.

“After tariffs went through [in 2018], there was a big shift in production volume outside of China; to Vietnam, Indonesia, Thailand and South and Central America. And that’s been gradually increasing every year,” says Joseph Firrincieli, sales manager at OEC Group New York, a global freight forwarder that specializes in trans-Pacific trade. “Now it’s going to happen even more. At the time, it was just China. Now it’s more widespread, including Mexico and Canada.”

So far, however, those shifts in global trade have not brought manufacturing back into the United States, which has long been Trump’s stated intention.

“Without having a full picture, it’s hard to say whether tariffs themselves will bring back jobs,” says Steve Austin, CEO of Manufacturing Corporation of America (MCA), which buys and agglomerates legacy manufacturers in the U.S. Austin points to important elements such as funding for research and development, as well as tax breaks that offset investments in manufacturing and other infrastructure, such as under the Tax Cuts and Jobs Act (TCJA), which is already being sunsetted, and will expire at the end of 2025. “It’s the overall economic plan that dictates whether there will be more manufacturing jobs in the U.S.,” he says.

While tariffs have long been a normal instrument of trade, the widespread effects — particularly when those tariffs are sudden and aggressive — have proved hard to predict and control.

“Last time [Trump] put tariffs on aluminum and steel to boost U.S. steel and maybe sales worldwide," says Simon Geale, executive vice president at Proxima , a procurement and supply consulting firm that's part of Bain & Co. "But what happened was that U.S. companies saw an opportunity to put prices up and close the gap between their own steel and imported steel. And then foreign buyers put their own tariffs on U.S. steel. So half of what you wanted to come true came true, and the other half didn’t go how you wanted it. And downstream industries, those using steel, were reported to suffer from increased costs leading to reduced demand, which reportedly offset any job gains a few times over through employment cuts. So ultimately it was consumers who lost out.”

Arash Azadegan, professor and vice chair of the Supply Chain Management Department at the Business School at Rutgers University , agrees that consumers are likely to feel the pinch in terms of price rises because of the new tariffs. “The administration is smart enough to know that that's what’s going to happen," he says, "but the purpose is something larger than that,” he says.

All seem to agree that Trump is trying to boost the American economy by eradicating trade deficits through tariffs. During an interview for a podcast by The New York Times February 18, White House senior trade adviser Peter Navarro, also known as Trump’s Tariff Czar, argued that an increase in wages, combined with tax cuts and greater foreign investment in U.S. businesses, would put enough money in American pockets to offset rising prices. “If real wages rise faster than any other types of inflation, people are still better off,” he said.

Trump himself seems to have backed off his election promises to bring prices down on Day 1. “We may have short term, some, a little pain ,” he told reporters on February 16. “And people understand that."

But that could be a dicey bet. “They think it’s taking your medication, but there are side effects,” says Azadegan. He points out that higher costs were part of the effect when Trump introduced a 25% tariff on foreign steel in 2018, and they weren’t purely in line with the rise in costs of production. Azadegan says the average increase in cost in terms of materials per automobile was $400-$600, but the actual price of a car went up three times that much. “It’s a big enigma, other than to suggest that many firms across the supply chain kind of hedged their bets in preparation," he says. "We see that happening in other areas. Any time there’s turbulence, there’s hedging going on.”

As an example, Azadegan cites the way the cost of a gallon of gas goes up immediately when the price of a barrel of oil increases, but what consumers pay at the pump takes much longer to fall when the oil market drops. “That’s a form of hedging,” he says.

Economists observe that American wages are already high compared to those in countries that make most of what’s in our homes and offices. The federal minimum wage is $7.25, and the average wage in manufacturing increased to $28.55 per hour in January, according to the U.S. Bureau of Labor Statistics . While recent statistics are hard to come by, estimates of hourly manufacturing wages in China are around $6, and in Mexico, somewhere south of $4.50.

So even if a 25% tariff on all imports from Mexico is implemented, that might still not have the intended effect, notes Austin. “I don’t even know if that would be enough to discourage companies from nearshoring," he says. "As a manufacturer, you’ve got to look at the whole picture — low wages, cheap land and easy transport into the U.S. market. If the product is still cheaper even with the tariffs in place, it’s still going to be made in Mexico.”

Azadegan says the reason Trump is acting so rapidly — instead of getting new tariffs approved by Congress, as they are usually supposed to be — is that he has a short window before he loses the political capital he gained in the November, 2024 election. “The psyche of the consumer is, they’re going to say, ‘It’s okay.’ And then, six months down the road, they’ll say, ‘Enough is enough,’ and they’re going to snap.”

Geale agrees. “During the pandemic and aftermath, we were talking about inflation, disruption, labor costs, energy costs, government subsidies, geopolitical uncertainty and tariffs,” he says. “The net effect was that prices were going up, but consumers didn’t know where to point their anger. Now, it’s going to be one thing. That’s an absolute key difference.”

What to Do?

Azadegan advises that businesses take a wait-and-see approach when it comes to making major decisions about manufacturing and sourcing. “In the long run, I don’t think a couple of months of delay in terms of long-term investments are going to make that much of a difference,” he says, pointing out that it takes 12 to 18 months to get an auto plant in Mexico up and running. “Given the turbulence there is in terms of decision-making, and the adjustments that are going to have to be made, a delaying tactic is probably the best way forward.”

Meanwhile, manufacturers can bake in uncertainty by adding extra costs to pricing models. “It’s the equivalent of holding on to inventory,” Azadegan says. “In a way, we have a perfect storm here, because prices are going up and consumers are getting used to [it], so now any manufacturer in any business can say that there’s inflationary pressure. Even though they could keep prices lower, they now can build in a buffer, just in case they have to pay tariffs.”

More than one expert believes that the increased uncertainty and disruption in the world — and therefore in supply chains — means businesses need to work together more. “Collaborating with suppliers or even competitors is going to be very important,” says Mauro Erriquez , a senior partner at McKinsey & Company. He points to Catena-X , an end-to-end, collaborative and open-data ecosystem for industry that counts among its members traditionally cutthroat competitors such as Volvo, Volkswagen, Mercedes-Benz and Renault; along with ThyssenKrupp, Siemens and BASF. “They are basically trying to define protocols for data exchange, where they can share information about the supply chain across companies and industries,” he says.

Technology, including artificial intelligence, can help, Erriquez adds. “We’re inviting clients to really go back to analytics. The only way of reacting is to increase your agility. I tell them: You need to become like a cat. You need to see stuff in the night earlier than others, and add an amazing reaction speed,” he advises. “In supply chain, you need to actually understand and get an earlier view of problems arising, and that’s only possible, in the U.S. or anywhere, when you have a digitized view of your supplier and your suppliers’ suppliers.

“You can run a web-scraping tool to give you more regular insights into what’s happening in the market,” Erriquez continues. “It’s far easier than before; any company is not able to do that on paper or Excel. You can use generative AI to ask questions about your supply chain, and identify which are the most critical elements.”

Still, it’s going to be tough to know how best to counter what Ford Motor Co. chief executive officer Jim Farley described as “ costs and chaos ,” at a Wolfe Research conference February 11. “It’s obvious that many organizations are in a holding pattern, because no matter what you do, there’s a 50% chance that you’ll do the wrong thing,” says Azadegan.

And the options are limited. “Importers are going to have to move fast to find factories in other countries that can make the same goods at the same quality and at same price,” says Firrincieli. “That’s going to be huge for mom-and-pop companies, especially.”

“You decide not to trade with the U.S., or you build in U.S., or you build in a friendshoring country," says Geale. "But it’s very difficult to determine, right now, who’s your friend. Now we’re in a state of ‘whereshoring’ because it’s so unpredictable.

From a short-term perspective, Trump "seems to be creating the uncertainty he wanted in order to create confidence in America’s economic strength," Geale says. "But in the long term, we’ll see the real effects of all this.”

All in all, there’s a new mindset at the helm of U.S. trade policy, and businesses will just have to get used to it. “Trump is a deal-maker at heart, and from my perspective the one thing he’d like to see on his tombstone was that he got American industry firing again,” says Geale. “He makes his negotiations out in public rather than in private — that’s one of the key differences. He creates a lot of emotional tension. He makes the first move in every negotiation with some big — some would say unachievable — statement, such as annexing Canada. He’s unpredictable!”

What's going up? Developments to watch in Miami

Tue, 18 Feb 2025 18:42:17 GMT

The shovels keep on turning and new construction is everywhere in Miami.

Let's take a look at the latest development news

The World Precious Metals building in downtown Miami is going to be converted into a "mixed-use hub" featuring retail and office space, with the potential for hospitality uses.

Revitalization Unlimited , a group dedicated to preserving historic buildings, announced its purchase last week.
The eight-story tower, at 40-46 NE 1st Ave., was built in 1915.

MG Developer has launched sales for Alhambra Parc in Coral Gables.

The eight-story development will feature luxury residences, office space and ground-floor retail at 33 Alhambra Circle.

Metro Parc North , a transit-oriented rental and retail development planned for Hialeah in 2027, broke ground last week.

Metro Parc North, developed by Baron Property Group , will include 661 rental residences and span more than a city block next to the Metrorail entrance and Hialeah Hospital.
It will be built next to Metro Parc , a sister development with 559 residential units and over 15,000 square feet of retail.
In total, the buildings will offer nearly 2 million square feet of apartments and retail space.

Read Article: https://www.axios.com/local/miami/2025/02/18/development-news-miami

Historic KC building set to undergo multi-million dollar restoration

Wed, 15 Jan 2025 19:37:12 GMT

KANSAS CITY, Mo. — A building in Kansas City’s Garment District, known locally as the Garment House, is set to get over $10 million in funds for restoration.

The investment comes from a Houston-based fund that prioritizes restoring historic buildings across the United States. The fund has already allocated $3.2 million, with much more said to be on the way.

Most recently, the building located at 1000 Broadway Boulevard was used as a multi-level entertainment hub, with several different businesses under the same roof. There was a speakeasy in the basement, an arcade bar on one of the upper floors, a restaurant and more.

According to Startland News , the renovations will freshen up the place, but provide a similar experience to the way the space was used previously with apartments, bars, restaurants and a variety of other businesses.

After another historic Garment District building, and one of the oldest buildings in downtown KC, Seinden’s Furs, was recently purchased , gutted and rumored to be in the process of renovation, the downtown Kansas City neighborhood appears to be looking to return to form.

Read Article: https://fox4kc.com/business/historic-kc-building-set-to-undergo-multi-million-dollar-restoration/

Revitalization Unlimited Invests $3.2M for Historic Garment House Office Building in Kansas City

Fri, 10 Jan 2025 18:36:44 GMT

KANSAS CITY, MO. — Revitalization Unlimited, a fund dedicated to preserving historically significant U.S. real estate and legacy industrial businesses, has unveiled plans to invest $3.2 million in the renovation of The Garment House, an historic office building in downtown Kansas City. Revitalization Unlimited is collaborating with property owner 10 Broadway LLC and Haith & Co. Inc. Revitalization Unlimited has committed $3.2 million to the restoration, with an additional $3 to $4 million allocated for renovations. Plans include modern upgrades and the creation of a diverse tenant mix featuring restaurants, bars, catering spaces and entertainment venues. Targeted rents are projected at $20 per square foot, with $1 million in tenant improvement allowances available for qualifying tenants.

Read Article: https://rebusinessonline.com/revitalization-unlimited-invests-3-2m-for-historic-garment-house-office-building-in-kansas-city/

Trying to Predict Trump’s Unpredictable Trade Policies

Fri, 20 Dec 2024 18:35:07 GMT

Industry stakeholders break down the

numerous variables.

Uncertainty can be a dangerous thing. Faced with not knowing what to expect or how to move forward can leave manufacturers dangling between strategies that are simultaneously too aggressive, yet not proactive enough.

This is the current situation when it comes to supply chain management heading into the New Year. President Donald Trump has generated equal parts excitement and worry with campaign pledges that focus on expanding and creating new tariffs. This has lead to reactions that stem from optimism for manufacturing expansion and job creation due to a more level playing field, to others worrying about how cost increases will impact day-to-day operations and pricing.

In continuing with the dichotomy that dominates this topic, I recently sought input from a collection of industry players to get feedback about the potential benefits and pitfalls of Trump’s strategies. I was extremely impressed with the answers, as the focus was not on politics, but the long-term impact on the health of U.S. manufacturing.

While I’ll leave the more granular takeaways to be determined by each reader, there is one over-riding principle that I wish to note. Very simply, and as is usually the case, the responses enterprises take to any action or inaction regarding tariffs will stem from the unique operational and sourcing environments in which they operate.

In other words, stay informed, talk to your customers and listen to your people. That information, coupled with these insights and future reports from this site, will help navigate whatever lies ahead.

Jeff Reinke, Editorial Director: Increasing tariffs, in theory, are supposed to motivate companies to move operations from China, Mexico, etc. to the United States. What do you think is more likely – companies creating more U.S.-based jobs, or will they find different overseas locations with lower tariffs than say, China?

Greg White, President of Manufacturing at Manufacturing Corporation of America : Tariffs are only part of the puzzle. Labor rates in China have risen substantially in recent years and now surpass Mexico and Vietnam, which have seen significant increases in outside investment due to this trend.

While tariffs are an economic policy intended to have a direct impact on our foreign relations, it will only be effective at creating growth and jobs in the U.S. if it is coupled with strong incentives to build our manufacturing infrastructure, R&D credits, and shoring up the gaps in our education system. It will also require significant tax breaks for factory workers to ensure manufacturing can compete with high-paying industries such as construction.

In the short term, tariffs will produce an almost immediate increase in the price of goods in the U.S., commensurate with the amount of the tariff. Once companies have enough data to determine if the price increases are stable and palatable, a decision can be made whether to continue with the price increase or consider alternative means for that revenue stream.

In the long term, tariffs will force foreign manufacturers to decide how to move forward. Once there is enough data to decide whether to continue producing in spite of the tariff or to seek less obstructive methods to sell their goods, manufacturers will determine their next course of action. If it is easier – and cheaper – to sell their goods from Argentina or Nigeria instead of the U.S., then they will do so. The imposition of tariffs – without additional changes – will not necessarily bring manufacturing jobs back to the U.S.

John DiDonato (Founder and CEO) and John Killburg (President) of K12 Print: We’ll likely see a mix of both. Some companies will explore alternative overseas locations, while others will view this as an opportunity to bring manufacturing back to the U.S. For reshoring to succeed, the U.S. needs to present it as a cost-effective, competitive option.

Kevin Rhode, partner at The Bonadio Group: It is hard to say. Many industries that tariffs are placed on do not have an unlimited number of countries to purchase these goods from. As such, purchasing domestically may be one of the only choices.

Additionally, if Trump extends tariffs broadly to all countries producing a certain good, it may not leave U.S. manufacturers any other option other than to purchase domestically or raise prices to offset the added cost of continuing to purchase goods from the country the tariff was placed on.

Companies operating in a country like China may choose to relocate to a non-tariff country such as Vietnam, India, etc. before bringing production back to the U.S. Looking at recent history, the tariffs Trump imparted on steel and aluminum, for example, did result in significant increase in production at home, but also resulted in an increase in costs and other countries, like Vietnam, becoming sources for steel imports.

Time will tell whether the benefits from the broad tariffs being proposed by the Trump administration will outweigh the costs, but my prediction would be that we fall somewhere in between with increases in domestic production, but added costs, so some will benefit while others are impacted negatively.

Sébastien Breteau , founder and CEO of QIMA : While tariffs aim to encourage reshoring, companies are more likely to explore alternative sourcing options in countries with lower tariffs. While diversification from China has been underway for years, moving full production to countries like Vietnam or Bangladesh does not mean moving away from China entirely.

While companies may diversify their sourcing, completely detaching from China presents significant obstacles, including less developed infrastructure and supply chains in alternative regions, limited availability and training of skilled labor, challenges in maintaining quality control, high initial costs, political and economic instability, regulatory compliance complexities, and cultural differences.

As an example, Vietnam’s manufacturing capacity is only about 10 percent of China’s, meaning even a modest shift of two percent of China’s production volume would result in a 20 percent surge in Vietnam’s demand—a scale it cannot easily accommodate. At the same time, new sourcing destinations are emerging for U.S. buyers, with significant increases in imports from Indonesia (+300% in November), the Philippines (+180%), and Sri Lanka (+54%).

Full reshoring to the U.S. would take years, primarily due to the lack of infrastructure and skilled labor needed to support large-scale manufacturing. Additionally, it is unlikely that the American workforce would embrace returning to factory jobs, such as sewing apparel or assembling coffee machines, particularly in a tight labor market with a low unemployment rate.

JR: If President Trump’s strategy works and thousands of manufacturing jobs are relocated to the U.S., will U.S. manufacturers be able to fill them? What should the Trump administration be prepared to do to assist with the filling of these new roles?

GW: As mentioned above, with the proper workforce incentives, the labor pool can support the industry’s growth. However, the increased demand for jobs will invariably create the need to poach workers from other sectors, and those sectors will suffer.

Overall, the growth will require additional investment into automation and robotics to increase throughput in addition to labor increase. The increase in technology, coupled with the absorption of the labor force into the new jobs and quelling the subsequent ripple effect, should attain Pareto efficiency – where resources are allocated in the most efficient way possible.

JD/JK: Yes, U.S. manufacturers can fill these roles, but it will require a shift in hiring and training strategies, coupled with government support. The Trump administration can help by funding trade schools, on-the-job training programs, and apprenticeships.

At K12 Print, we’ve seen success with hands-on education and cross-training employees through various roles and departments. Many manufacturing jobs don’t require a four-year degree, and we focus on building skills on the job. We’ve also hired Gen Z employees who prefer purpose-driven work over accumulating student debt.

We need to tap into underutilized talent pools, including individuals from underserved communities, college dropouts, and the formerly incarcerated. Employees like Angel Peña, who joined us after incarceration, have rebuilt their lives and become valuable members of our team and society.

A mindset shift among manufacturers—toward inclusive hiring and investing in employee growth—can fill these roles while transforming lives. We’ve created a culture of learning where employees can learn the basics and grow with cross-training across multiple job skills and departments and then upskill as technology changes our industry. This model works, and it can be scaled across the industry.

SB : Filling these roles would be a significant challenge. With the unemployment rate remaining low and limited interest among Americans in factory-style jobs, the U.S. lacks the capacity and skilled workforce to quickly absorb relocated positions, especially in labor-intensive sectors like apparel and electronics assembly.

To address this, the administration would need to make substantial investments in workforce development programs, STEM education, and advanced manufacturing technologies. Additionally, immigration reform may be critical to alleviating labor shortages, particularly in industries that rely on lower-cost labor.

Automation is also likely to play an essential role in bridging the gap, helping to offset the challenges of a constrained labor market.

JR: One side effect of these tariffs that has been universally accepted, is that tariffs will increase prices on a number of everyday products. How do you think this will impact the U.S. consumer? Manufacturers? Sourcing strategies?

GW: We need visibility into the entire economic policy to make an informed decision on how this will impact the U.S. consumer. These policies and situations are very dynamic and have many inputs.

Without more concrete data that can be fully analyzed, offering an informed analysis of the idea of tariffs is difficult. We will likely need 6-12 months to have enough of that information to speak to these topics.

JD/JK: Tariffs will increase prices on many goods, which may create short-term challenges for consumers. However, the long-term benefits of reshoring far outweigh these costs. Manufacturing creates wealth, reduces poverty, and strengthens local economies, ultimately enabling Americans to afford higher-priced goods.

At K12 Print, we’ve seen how manufacturing jobs transform lives. Employees have built stability and purpose through meaningful work. Additionally, bringing jobs back to the U.S. reduces dependence on welfare programs, lightening the government’s financial burden while empowering individuals.

Manufacturers need to focus on sustainable sourcing strategies and rebuilding local supply chains. By investing in local production, we create a cycle of reinvestment in our communities, ensuring long-term economic stability.

SB: While it is not the answer consumers may want to hear, higher tariffs mean higher prices, fueling inflation and reducing disposable income. For manufacturers, tariffs increase input costs, potentially squeezing margins or forcing them to raise prices.

Many businesses have diversified their sourcing to mitigate such risks, but smaller companies may struggle to adjust. The costs will likely be passed on to consumers in the short term, amplifying economic pressures.

JR: Historically, standard or “across-the-board” approaches to tariff increases have not produced the types of economic gains that President Trump has touted. Could you offer some perspective on why, this time, it could work? Or will it not work? Is there a better/different approach to balancing the trade deficit?

GW: The U.S. has had a failed economic policy regarding trade for 30+ years. We are finally seeing the impacts of this with the fragility of the global supply chain. As mentioned above, we believe that a strong economic policy that makes a long-term commitment to American manufacturing can use tariffs along with other domestic incentives for investments to be made domestically that will strengthen our independence away from foreign labor, protect the critical components of our supply chain, improve our labor pool competitiveness and productivity, and drive positive foreign policy outcomes.

JD/JK: This strategy has the potential to succeed because Americans now understand the damage caused by offshoring. However, for it to be effective, it needs bipartisan support and long-term commitment. The American people must embrace the revitalization of manufacturing, and businesses must collaborate with the government to make it a sustainable effort.

When manufacturing left the U.S., it took more than jobs—it took innovation and hope from communities. Reshoring offers a chance to rebuild that foundation. The government should support these efforts with tax incentives, workforce development grants, and funding for trade schools.

KR: Every president in modern history has used tariffs in some form or another with varying degrees of success dating back to Nixon and beyond. In the most recent history, tariffs were primarily used by the Biden and Trump administrations to protect national security interests, U.S. industries, and/or counter unfair trade practices but were also focused on specific countries and/or products.

Across-the-board tariff increases are not common and have not been used since the 1960s. It remains to be seen if the Trump administration will actually move forward with across-the-board tariff increases on all imports. My educated guess would be that the possibility of tariffs will entice other countries to the negotiating table, but I believe it’s highly unlikely that they will actually be implemented.

If they are, and they have the negative impact many fear that they could, then they could be just as easily removed. I do not think the Trump administration would continue forward with them if they only had negative impacts to the US economy.

SB: Broad tariffs historically fail because they disrupt global supply chains and prompt retaliation from trading partners. In this case, steep tariffs on Chinese goods could cause inflationary pressures and retaliation, harming high-value U.S. exports like services.

If anything, there is even less chance now that it works, vs. a few years ago: our world is getting more and more interconnected and multipolar. A better approach would focus on targeted policies that promote domestic innovation, workforce development, and strategic investments in key industries like EVs and semiconductors rather than blanket tariff hikes.

JR: How do you think the Trump administration will deal with the current free trade agreement that is in place with Mexico under the USMCA?

KR: The USMCA is not set to expire until 2036. However, the first review date of the agreement is slotted to occur in 2026. With the recently mentioned 25 percent tariffs being threatened by Trump on Canada and Mexico, it calls into question how this would impact the agreement, as it would appear to violate the terms of the USMCA on trade.

Since the threat occurred, the Trump administration has since met separately with the leaders of Mexico and Canada to discuss issues between the countries. It would not be surprising if certain compromises are made to avoid impacting the USMCA.

SB: The Trump administration will likely focus on stricter enforcement of USMCA provisions, particularly labor standards and rules of origin for automotive products. However, imposing a 10 percent tariff on Mexican goods could disrupt deeply integrated North American supply chains, raising costs for U.S. manufacturers and consumers.

While these tariff announcements might appear unpredictable, they could be part of a broader strategy to build leverage for future negotiations. Mexico’s role as a nearshoring hub and Canada’s importance in cross-border trade ensure that both remain critical partners under the USMCA framework.

Ultimately, while the administration may aim to reshape trade dynamics, it’s impractical to impose trade barriers universally without causing economic strain. These actions likely reflect a political agenda to secure concessions rather than a long-term shift away from North America’s interconnected trade ecosystem.

Read Article: https://www.manufacturing.net/supply-chain/blog/22929347/trying-to-predict-trumps-unpredictable-trade-policies

Manufacturing Corporation of America Announces Cutting-Edge Additive Manufacturing Capability at IBEX 2024

Wed, 02 Oct 2024 18:30:59 GMT

Innovative technology will streamline production, boost precision, and expand market reach

NASHVILLE, Tenn. - Oct. 2, 2024 - Manufacturing Corporation of America (MCA), an investor-owned, industrial-focused business committed to revitalizing American manufacturing, will showcase its cutting-edge technology at IBEX, International BoatBuilders' Exhibition & Conference in Tampa, Fla., from Oct. 1-3.

This innovative technology will significantly enhance the operations of Uniforce, a Conway, Ark.-based manufacturer acquired by MCA in April. By dramatically reducing lead times for product development and thermoforming processes, Uniforce can offer faster, more efficient services to existing customers while exploring new business opportunities across various manufacturing sectors.

"We're excited to welcome IBEX attendees to booth 3-723, where they can get an exclusive look at this cutting-edge technology and learn more about Uniforce's capabilities," said Greg White, President of Manufacturing Operations at MCA.

The newly installed EXT 1270 Titan Pellet 3D printer by 3D Systems will enable rapid and precise production of large molds and tooling, complementing Uniforce's existing plastic and composite fabrication technology. By leveraging advanced computer-assisted design and the industrial precision and reliability of their new additive manufacturing system, Uniforce can produce high-quality products faster and with improved accuracy. The operational savings from this technology will be passed directly to customers, further enhancing their experience.

"This innovation ensures Uniforce continues to meet and exceed the high standards our customers expect," White added. "Importantly, it positions us to expand into sectors where precision is critical, such as aerospace and defense."

Get all the IBEX event details here: https://lnkd.in/gPzqGVU3
For more information, please visit MCA's website.

About Manufacturing Corporation of America
Manufacturing Corporation of America (MCA) is dedicated to securing the future of the American industrial base by strategically acquiring successful legacy industrial manufacturing businesses. Our goal is to preserve their heritage and expertise while fostering innovation and growth in the dynamic industrial landscape. With each strategic acquisition, MCA strengthens its position as an industry leader and contributes to the prosperity of American manufacturing. For more information, visit our website: https://www.madebymca.com/

Read Article: https://www.manufacturingtomorrow.com/news/2024/10/02/manufacturing-corporation-of-america-announces-cutting-edge-additive-manufacturing-capability-at-ibex-2024/23518/

Manufacturing’s Importance to Economy

Thu, 22 Aug 2024 17:04:00 GMT

A recent survey conducted by ARC (American Revitalization Company), a leading real estate and business development firm, has revealed that over 80% of Americans consider manufacturing essential to the U.S. economy. This strong sentiment underscores the national desire to see manufacturing operations relocated to or retained on American soil. Manufacturing’s Importance to Economy.

The survey results of 1,000 U.S. adults demonstrate a clear consensus among Americans regarding the importance of manufacturing. Notably, 83.4% of respondents believe that the U.S. should bring back most or all of its manufacturing facilities to America. Additionally, 54% expressed concerns about the negative implications of outsourcing manufacturing operations.

National Association of Manufacturers

Data from the National Association of Manufacturers further bolsters these findings, revealing the sector’s substantial economic contribution. In Q4 2023, manufacturing injected a staggering $2.89 trillion annually into the U.S. economy, with every dollar spent in manufacturing generating a total economic impact of $2.69. As of May 2024, the sector provided employment to nearly 13 million workers.

Interestingly, the survey also pointed out generational differences in attitudes toward manufacturing and trade jobs. Unlike the Baby Boomers and Generation X cohorts, younger demographics are showing increased interest in these fields. Among Gen Z respondents, 83% are open to or likely to consider trade jobs, while 78% of Millennials shared the same viewpoint. Specifically, 46% of respondents indicated a preference for manufacturing over other trade jobs.

“Americans understand the vital role that manufacturing plays in the U.S. economy,” said Steve Austin, partner at ARC. “Americans recognize that manufacturing was critical to building our nation’s economy during the Industrial Revolution, its continuing importance to our current economic health, and they want to restore its presence meaningfully. At ARC, we are committed to ensuring this happens.”

Reflecting its commitment to American manufacturing, ARC has recently acquired Uniforce, a prominent company based in Conway, Arkansas, known for producing custom thermoformed plastics for the recreational vehicle sector. Greg White, ARC president of manufacturing operations, remarked, “This acquisition aligns with our mission to preserve American manufacturing heritage by investing in legacy facilities.”

Survey Methodology

Propeller Insights conducted a national online survey of 1,000 U.S. adults from May 3 to May 10 to gauge their thoughts on the importance of manufacturing to the U.S. economy.

About ARC

ARC, LLC is a real estate and business development company that focuses on preserving historic properties and manufacturing operations. We target investments that will generate current income and capital appreciation to our investors while using moderate levels of debt. ARC’s mission is to preserve historically important real estate and manufacturing in local communities nationwide and create value for our investors and the communities we invest in. https://www.arclp.fund/

Source: Manufacturing’s Importance to Economy

https://www.techedmagazine.com/category/news-by-industry/manufacturing-education/

https://www.businesswire.com/news/home/20240627819584/en/ARC-Research-Highlights-Manufacturing%E2%80%99s-Critical-Importance-to-the-U.S.-Economy

ARC Research Highlights Manufacturing’s Critical Importance to the U.S. Economy

Over 80% of Americans acknowledge manufacturing belongs back on home soil

https://www.businesswire.com/news/home/20240627819584/en/ARC-Research-Highlights-Manufacturing%E2%80%99s-Critical-Importance-to-the-U.S.-Economy

Survey Reveals 80% of Americans Want Manufacturing Back in the U.S.

Fri, 12 Jul 2024 16:58:36 GMT

The survey of 1,000 U.S. adults highlights generational differences in attitudes towards trade jobs, with younger demographics showing increased interest

A recent survey by ARC (American Revitalization Company) , a prominent real estate and business development firm, highlights the importance of manufacturing to the U.S. economy. The survey revealed that over 80% of Americans believe manufacturing should be relocated to or retained on American soil.

The survey, which polled 1,000 U.S. adults, showed that 83.4% of respondents support bringing back most or all manufacturing facilities to the U.S. Additionally, 54% expressed concerns about the negative consequences of outsourcing manufacturing operations. These findings align with data from the National Association of Manufacturers , which reported that in Q4 2023, manufacturing contributed an impressive $2.89 trillion annually to the U.S. economy. Furthermore, every dollar spent in manufacturing generates a total economic impact of $2.69, and as of May 2024, the sector employed nearly 13 million workers.

Generational differences in attitudes toward manufacturing and trade jobs were also highlighted. Younger demographics, including Gen Z and Millennials, are showing increased interest in these fields compared to Baby Boomers and Generation X. Among Gen Z respondents, 83% are open to or likely to consider trade jobs, with 46% preferring manufacturing over other trade jobs. Similarly, 78% of Millennials shared a favorable view of trade jobs.

“Americans understand the vital role that manufacturing plays in the U.S. economy,” said Steve Austin , partner at ARC. “They recognize its historical importance during the Industrial Revolution and its ongoing significance to our current economic health. At ARC, we are committed to restoring and revitalizing American manufacturing.”

The survey was conducted by Propeller Insights, which carried out a national online survey of 1,000 U.S. adults from May 3 to May 10 to gauge their views on the importance of manufacturing to the U.S. economy.

Read Article: https://www.supplychain247.com//article/arc-research-manufacturing-jobs-united-states

All TN counties report sub-5% unemployment

Fri, 05 Jul 2024 16:56:25 GMT

Tennessee set a record low for statewide unemployment in May when its seasonally adjusted rate dropped to 3% for the first time. The latest county unemployment data from the Department of Labor and Workforce Development showed continued low county unemployment across the state.

All 95 counties had unemployment rates at or below 4.4% in May and only five counties had a jobless number at or above 4%.

Eighty-six counties saw a slight uptick in their rates during May, while three counties recorded lower rates, and unemployment in six counties remained unchanged from April.

Sevier and Williamson counties had the lowest unemployment in the state in May with a rate of 2.1%. Sevier County’s number was unchanged from the previous month, while Williamson County’s rate inched up 0.1%.

Moore County had the next lowest rate at 2.2%, which mirrored its April rate.

Bledsoe County’s number marked the highest rate in the state. At 4.4%, unemployment in the county increased by 0.5% between April and May.

McNairy County had the next highest rate for the month at 4.2%, which was an increase of 0.5 of a percentage point. Both Lauderdale and Scott counties had rates of 4.1%, which amounted to an increase of 0.1% in Lauderdale County and 0.5% in Scott County.

The state and national unemployment rates are seasonally adjusted to factor in seasonal economic influences such as school breaks and severe weather conditions, while county unemployment rates are not.

Read Article: https://tnledger.com/editorial/Article.aspx?id=178932

Is there a new generational interest in US manufacturing employment?

Fri, 28 Jun 2024 16:54:31 GMT

A shortage of semiconductors hampered auto production in 2021, sending used car prices higher and fueling the spike in US inflation. — © AFP

New survey data shows that 83 percent of the so-termed Gen Z cohort are open to or likely to consider trade jobs, while 78 percent of another marketing demographic – Millennials – share the same viewpoint.

Overall, younger demographics are showing increased interest in moving into some form of trade-related occupation, unlike the Baby Boomers and Generation X cohorts.

This is based on a recent survey conducted by ARC (American Revitalization Company), a real estate and business development firm.

Data from the National Association of Manufacturers further bolsters these findings, revealing the sector’s substantial economic contribution. In Q4 2023, manufacturing injected $2.89 trillion annually into the U.S. economy, with every dollar spent in manufacturing generating a total economic impact of $2.69.

As of May 2024, the sector provided employment to nearly 13 million workers. It is also a resource hungry sector as the survey reveals: all industrial users consumed 33.25 quadrillion Btu of energy in 2022, or 33.5 percent of the total.

In terms of what areas of ‘trade’ are the most appealing, when asked to select an industry, 46 percent of respondents preferred manufacturing over other trade jobs.

There are challenges , however, as a McKinsey report points out: “Gen Z workers say they’re open to jobs in manufacturing. But getting them to take these jobs, engage, and stay will mean changing a work environment long optimized for machines, not people.”

The survey also recovered a nationalistic and protectionist element, suggesting that over 80 percent of people living in the U.S. consider manufacturing essential to the U.S. economy. This strong sentiment was followed up with views expressing the desire to see manufacturing operations, where the operation has left the U.S., to be relocated to or retained on ‘American’ soil. Some 54 percent expressed concerns about the negative implications of outsourcing manufacturing operations.

This perhaps suggests that the U.S. association with the free-trade neoliberal economic model is declining.

According to Steve Austin, partner at ARC: “Americans understand the vital role that manufacturing plays in the U.S. economy.”

He adds: “Americans recognize that manufacturing was critical to building our nation’s economy during the Industrial Revolution, its continuing importance to our current economic health, and they want to restore its presence meaningfully. At ARC, we are committed to ensuring this happens.”

Read Article: https://www.digitaljournal.com/business/is-there-a-new-generational-interest-in-us-manufacturing-employment/article#ixzz8ejeOgehH

ARC Research Highlights Manufacturing’s Critical Importance to the U.S. Economy

Thu, 27 Jun 2024 16:49:52 GMT

Over 80% of Americans acknowledge manufacturing belongs back on home soil

NASHVILLE, Tenn.--( BUSINESS WIRE )--A recent survey conducted by ARC (American Revitalization Company), a leading real estate and business development firm, has revealed that over 80% of Americans consider manufacturing essential to the U.S. economy. This strong sentiment underscores the national desire to see manufacturing operations relocated to or retained on American soil.

Data from the National Association of Manufacturers further bolsters these findings, revealing the sector's substantial economic contribution. In Q4 2023, manufacturing injected a staggering $2.89 trillion annually into the U.S. economy, with every dollar spent in manufacturing generating a total economic impact of $2.69. As of May 2024, the sector provided employment to nearly 13 million workers.

"Americans understand the vital role that manufacturing plays in the U.S. economy," said Steve Austin, partner at ARC. "Americans recognize that manufacturing was critical to building our nation's economy during the Industrial Revolution, its continuing importance to our current economic health, and they want to restore its presence meaningfully. At ARC, we are committed to ensuring this happens."

Reflecting its commitment to American manufacturing, ARC has recently acquired Uniforce, a prominent company based in Conway, Arkansas, known for producing custom thermoformed plastics for the recreational vehicle sector. Greg White, ARC president of manufacturing operations, remarked, "This acquisition aligns with our mission to preserve American manufacturing heritage by investing in legacy facilities."

Survey Methodology

Propeller Insights conducted a national online survey of 1,000 U.S. adults from May 3 to May 10 to gauge their thoughts on the importance of manufacturing to the U.S. economy.

About ARC

ARC, LLC is a real estate and business development company that focuses on preserving historic properties and manufacturing operations. We target investments that will generate current income and capital appreciation to our investors while using moderate levels of debt. ARC's mission is to preserve historically important real estate and manufacturing in local communities nationwide and create value for our investors and the communities we invest in.

Contacts

Sam Brancato
PRforARC@bospar.com

Read Article: https://www.businesswire.com/news/home/20240627819584/en/ARC-Research-Highlights-Manufacturings-Critical-Importance-to-the-U.S.-Economy

Manufacturing Corporation of America Acquires Uniforce

Fri, 31 May 2024 16:46:33 GMT

Uniforce produces custom thermoformed plastics for the recreational vehicle sector.

Manufacturing Corporation of America , an investor-owned industrial-focused business, announced it has completed the acquisition of Uniforce, a company based in Conway, Arkansas, that produces custom thermoformed plastics for the recreational vehicle sector.

Greg White, MCA president of manufacturing operations, will lead the company.

The Uniforce acquisition marks a step forward for MCA as it realizes its mission of preserving American manufacturing heritage by investing in legacy facilities

Founded and managed by Ken Burks for nearly three decades, Uniforce has earned a sterling reputation for excellence and reliability in the industry.

“We finalized the decision to purchase Uniforce after meeting Ken, learning the history behind this legacy company, and understanding the current and future business opportunities available,” said White. “Uniforce is a fully integrated business, from concept to custom product manufacturing, and known for delivering exceptionally high-quality products. They are already supplying some of the largest vehicle manufacturers worldwide, and we are committed to building on their success.”

Aside from new ownership, everything else at Uniforce will remain the same, including the number of employees, pay rates, vacation allotments and work schedules.

The five-year goal is to transition Uniforce to an Employee Stock Ownership Program (ESOP), ensuring that each individual in the organization becomes an owner and has a stake in the company’s success.

“I am impressed with MCA’s plans to invest in new state-of-the-art equipment and facility improvements, which will greatly enhance our manufacturing capabilities and be of great benefit for our customers,” said Kenny Burks, who will remain plant manager.

Read article: https://www.ien.com/operations/news/22911284/manufacturing-corporation-of-america-acquires-uniforce

830: Steve Austin & Zach Murphy: Historical Real Estate Cashflow Strategies

Mon, 13 May 2024 16:43:35 GMT

Steve Austin and Zach Murphy from American Revitalization Company are my guests in this episode.

Steve Austin is a founder of American Revitalization Company. Steve brings a diverse entrepreneurial background to ARC, having founded multiple companies in various sectors. Steve has worked in leadership positions in the public sector and for a $7B private equity firm. Steve has spent the better part of 15 years in the financial services arena, where he works with business owners to help them build wealth through tax and estate planning and investment management.

Currently, Steve sits on advisory boards for 2 different Private Equity funds in the Healthcare technology sector and the Industrial Manufacturing sector. In addition, Steve is also the CFO/COO of a Bay Area law firm specializing in the defense of construction litigation. Steve deeply understands the capital markets and brings a creative tax-efficient approach to our M&A endeavors. Steve’s core focus is on the investments that ARC makes and how to structure them so that they deliver maximum value to the rest of the portfolio.

Zach Murphy serves as President of Capital Markets for ARC. Before joining ARC, he was the Vice President of Capital Markets for Priostone. He manages ARC’s investor relations, asset management, marketing, and capital raising teams. Murphy graduated Summa Cum Laude from Auburn University in Auburn, Alabama, with a Bachelor of Science in Business Administration, Finance. Before joining Priostone, Murphy worked in both the banking and wealth management industries.

For More Information Visit: https://cashflowninja.com/30-steve-austin-zach-murphy/

ARC Strengthens Leadership Team, Appoints Tesla Veteran Greg White President of Manufacturing Operations

Wed, 01 May 2024 16:33:21 GMT

American Revitalization Company adds operations leader to help spearhead next phase of growth and advance U.S. manufacturing

NASHVILLE, Tenn.--( BUSINESS WIRE )-- ARC (American Revitalization Company), a real estate and business development company committed to preserving historic properties, today named Greg White, a Tesla veteran, President of Manufacturing Operations. With this strategic move, ARC strengthens its operational capabilities and advances its mission of revitalizing American legacy manufacturing facilities.

White will spearhead critical initiatives, including supporting due diligence activities for acquisition opportunities, overseeing manufacturing operations across ARC's portfolio of facilities and providing essential operational support from acquisition transition to ongoing business growth. Central to his approach is fostering open communication and investing in team training and development, ensuring that every team member has the opportunity to contribute to the success and growth of ARC.

"I am truly excited to be a part of this unique opportunity," White remarked. "We have the chance to preserve American manufacturing heritage while empowering our teams to shape a brighter future. By prioritizing our teams and fostering a culture of collaboration, we can significantly impact the American manufacturing industry. I am excited to utilize all my manufacturing experiences to make this opportunity succeed."

White brings a wealth of expertise to his new position, having 35 years of manufacturing experience in leadership roles at Natera, Tesla and Toyota. As part of the operations leadership team at Tesla, he was instrumental in launching the Tesla manufacturing facility in Fremont, Calif., and successfully introducing the groundbreaking Tesla Model S. His direct interactions with key organizational figures at Tesla – including Elon Musk , JB Straubel and Franz von Holzhausen – underscore his pivotal role at the company.

“We are very fortunate to have someone with the breadth of Greg’s experience join our team,” said Steve Austin, Co-founder and Partner at ARC. “Greg not only brings ‘boots-on-the ground’ knowledge honed from working at companies such as Natera, Tesla and Toyota, he is fully committed to our vision of restoring America's manufacturing leadership while bringing value to our investors. As we move into this next growth phase, we must have a strong leadership team. We're excited for the next step of our company's evolution.”

About ARC

ARC, LLC is a real estate and business development company that focuses on preserving historic properties and manufacturing operations, utilizing tax incentives to substantially de-risk its equity investments. We target investments that will generate current income and capital appreciation to our investors while using moderate levels of debt. ARC's mission is to preserve historically important real estate and manufacturing in local communities nationwide and create value for our investors and the communities we invest in.

Read article here:

https://www.businesswire.com/news/home/20240501691728/en/ARC-Strengthens-Leadership-Team-Appoints-Tesla-Veteran-Greg-White-President-of-Manufacturing-Operations

Contacts

Media Contact
Sam Brancato
PRforARC@bospar.com

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Manufacturing Corporation of America Announces Cutting-Edge Additive Manufacturing Capability at IBEX 2024

Innovative technology will streamline production, boost precision, and expand market reach

Manufacturing’s Importance to Economy

National Association of Manufacturers

Survey Methodology

About ARC

ARC Research Highlights Manufacturing’s Critical Importance to the U.S. Economy

Survey Reveals 80% of Americans Want Manufacturing Back in the U.S.

The survey of 1,000 U.S. adults highlights generational differences in attitudes towards trade jobs, with younger demographics showing increased interest

All TN counties report sub-5% unemployment

Is there a new generational interest in US manufacturing employment?

ARC Research Highlights Manufacturing’s Critical Importance to the U.S. Economy

Over 80% of Americans acknowledge manufacturing belongs back on home soil

Manufacturing Corporation of America Acquires Uniforce

Uniforce produces custom thermoformed plastics for the recreational vehicle sector.

830: Steve Austin & Zach Murphy: Historical Real Estate Cashflow Strategies

ARC Strengthens Leadership Team, Appoints Tesla Veteran Greg White President of Manufacturing Operations

numerous variables.