Reshoring News

Susan Schmidt, senior portfolio manager at Westwood, says that South State, which focuses mostly on the Carolinas, could get a lift from “reshoring” of manufacturing under the Trump administration. Even without such help, South State has shown a knack …

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Siili Oyj : Adding Value With RPA

by admin on May 16, 2017

Reshoring and restructuring of the global workforce is likely to happen. All these factors make RPA a great candidate to enhance processes especially in Accounting and Finance, Insurance, Human Resource management, Help Desk and Support activities …

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“With three to four million manufacturing jobs still offshore, as measured by our $500 billion per year trade deficit, there is potential for much more growth,” said Harry Moser, founder and president of the Reshoring Initiative. “We call on the …

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It’s a phenomenon known as back- or near-reshoring. An expert and representatives of two businesses explain what is behind the trend, which countries are most heavily involved and what effect it could have on jobs. Back-reshoring: transfer of production …

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Manufacturing Jobs Return to the U.S.

by admin on May 15, 2017

According to The Reshoring Initiative (Kildeer, IL), the combined reshoring and foreign direct investment (FDI) trends grew by over ten percent in 2016, adding 77,000 jobs (tying the 2014 record) and exceeding the rate of offshoring by about 27,000 jobs.

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Another important factor was the reshoring of production due to increasing wages in Asia and lower energy costs in the US. As a result, the growth of globalisation had slowed and volume growth was likely to be only equal to GDP growth in the future.

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A Chicago-based group that advocates for the return of manufacturing jobs to the U.S. says “the tide has turned,” with more jobs “onshored” than leaving the country. But it will take many years of onshoring to return manufacturing jobs to U.S. and …

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While Moser-Armstrong’s daughter, Ashley Shelton, layered on the colored dye, the students passed around the ‘speaking-ball’ and shared their favorite experience or book they read throughout the year. Some of the choices included “Harry Potter …

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The report also includes info on the “nearshoring” trend of jobs returning from Canada and Mexico. Harry Moser, founder and president of the Reshoring Initiative, notes more must be done to foster an environment that expedites onshoring. “With 3 to 4 …

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The summit will go over technical skill gap, supply chain issues, talent management and reshoring challenges faced my manufacturing operations. “Smart glasses are a critical part of every advanced manufacturing solution stack, in combination with an …

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