Unplanned downtime has become one of the most expensive and disruptive risks facing global manufacturers today.
Downtime now hits 6 in 10 manufacturers, draining up to $852M each week and exposing cracks in competitiveness and industrial resilience. Every week, manufacturers across the US, UK, and Germany lose hundreds of millions to disruptions that directly erode productivity, profitability, and supply chain resilience.
While disruption has always been part of manufacturing, what has changed is its scale, speed, and persistence. Yet, today, downtime is no longer a one-off event: it has become a systemic and recurring challenge, accelerating in frequency and overwhelming traditional reliability models.
Forging the Next 250 Years: Powering the Next Era of American Manufacturing
Brooklyn Army Terminal (BAT) began as a World War II-era military supply base. Today it is New York City’s largest publicly owned industrial campus, with 59 waterfront acres, more than 4 million square feet and over 100 businesses. In this episode of Industry Insights, Bridget Chansakul, Vice President of Leasing & Portfolio Management at NYCEDC, explains what space is available and what’s planned for the 250,000+ square feet of new industrial space in Building A. She also covers how the ferry, parking and on-site childcare help tenants hire and keep workers, along with workforce partnerships, City incentives for manufacturers and where BAT is headed next.
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