Reshoring News

Ferrie said competition from overseas rivals operating outsourced testing facilities was a challenge, “but we are seeing a trend where companies are ‘reshoring’ work and looking at different delivery models – we have quite a lot of opportunities in …

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This makes countries like China not as much of a bargain as they once were. In fact, according to the Reshoring Initiative, 60% of the investment that brought manufacturing jobs back to the U.S. between 2010 and 2016 was from China, Recode reported.

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Productivity increases will not be sufficient to compensate for post-Brexit tariffs, he added. Reshoring alone however won’t solve potential problems. “While it is good that British cars are becoming more British, the process takes considerable time …

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The plan is to develop manufacturing industries there, including factories from China. It may be one of North America’s first significant “reshoring” efforts – a reversal of the trend of companies outsourcing manufacturing jobs to China …

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British cars are now even more British

by admin on June 18, 2017

It could also help the British car industry cope with any Brexit-related trade implications. The Automotive Council considers the reshoring drive an ongoing success story. Not only has UK car production increased by 72 percent since the Council was formed …

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Encouraging the “reshoring” of parts production has been a key part of this, and a strong manufacturing base helps encourage further foreign investment in the UK. In 2016, the number of British-built vehicles hit a 17-year high and with about 80pc of …

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Chemicals Boom While Cars Go Bust

by admin on June 18, 2017

Also, the Reshoring Initiative, a manufacturing advocacy group, has estimated that in 2016 the U.S. added about 27,000 more manufacturing jobs through reshoring by U.S. companies and new investments by foreign manufacturers than it lost through offshoring …

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ARLINGTON, Texas—General Motors Inc. is planning to open a new supplier park in the Dallas suburbs to build parts for its sprawling SUV assembly plant in Arlington, Texas. The company said the complex will include two industrial manufacturing plants and …

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Moreover, even if the Trump plan could reduce US corporate rates significantly, that might not be adequate to “reshore” US companies’ overseas profits and corporate operations. There has been no major outflux of foreign firms from large emerging …

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Trump supporters also back policies that focus on reducing trade and reshoring jobs. On the other hand are Trump opponents, who push for accessible health care, free trade, environmental protection, “green” sector job creation. Donald Trump has acted …

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