Its reshoring initiative aims to strengthen the island’s economy and global competitiveness

Led by the PR-USA Chamber of Commerce, in collaboration with the Puerto Rico United Retailers Association (CUD, in Spanish); Industry University Research Center Inc. (Induniv), the nonprofit Instituto de Formación Democrática (IFD); and the Recovery Innovation Coordinator and Center of Excellence (RICCE), a program under the IFD, the Puerto Rico Reshoring Coalition (Pueririco) is advancing efforts to attract interest in bringing manufacturing back to the island.

The delegation will travel to Washington, D.C., where Pueririco will be announced on Capitol Hill in early February. Founding members include Yolanda Lassalle, Taylor Widrig, Elmer Román, Iván Lugo, Luis Torres-Llompart, Ramón Barquín, Thomas Agrait, Antonio “Tito” Colorado, Heriberto Torres-Cortés, Luis Alemañy and José Luis Rivera-Villamañán.

“This coalition represents a collaborative effort among government officials, industry leaders, and economic development specialists united in the mission to encourage retention and the return of mainland operations to the island. National security concerns and several incentives can make it happen. Microchip manufacturing feasibility is also being analyzed,” the organization stated.

The primary objective of the reshoring coalition is to project and raise awareness, as well as to explain why Puerto Rico must be a national and Latin American priority in U.S. public policy and legislation by communicating the island’s competitive edge on the global manufacturing stage and facilitating opportunities and projects that suffered a major downfall after the repeal of the U.S. tax code’s section 936 incentives.

The official launch and signing of Pueririco took place Jan. 10 in San Juan, where the coalition’s leaders discussed the challenges and potential of reshoring for Puerto Rico’s economy.

Rivera-Villamañán presented a background and action plan with short- and long-term strategies, including a draft for immediate action. A key strategy focuses on anchoring efforts with the PR-USA Chamber of Commerce’s (PRUSACC) influential base and mainland offices.

“One of the foremost goals is establishing and leveraging PRUSACC’s strength to channel support for Pueririco through our influence in Washington, D.C. and nationwide to generate support among national, close partner organizations like the U.S. Hispanic Chamber of Commerce, Congress and federal agencies,” said Rivera-Villamañan. 

Key industry sectors of interest include pharmaceuticals, medical devices and life sciences. Pueririco will establish strategic partnerships with various stakeholders, with a significant focus on attracting international investors through the island’s Act 60 incentives. 

The council aims to position Puerto Rico as a prime manufacturing hub and gateway to Latin America while fostering increased trade and twin-plant opportunities with the Dominican Republic, Costa Rica, Mexico, the Caribbean region and Panama.

Original Source

American contract manufacturers that specialize in 3D printing, such as Endeavor 3D, are ramping up … [+] facilities in anticipation of a rush to manufacturer in the U.S.Endeavor 3D

“America will be a manufacturing nation once again,” President Trump declared in his inaugural address. How, exactly, American companies will bring manufacturing back home to the U.S. in the near term, is the question. Leaders of the top 3D printer manufacturers are confident their companies can help.

“What’s great about a 3D printing facility is you can get it off the ground pretty quickly,” says Phil DeSimone, CEO of Carbon, which manufactures 3D printers used in a wide range of industries, such as footwear, sports equipment, and medical devices.

Sportswear company Adidas uses a fleet of Carbon 3D printers in factories in Asia to produce the midsoles of its popular 4DFWD running shoe. While the same parts could be produced in U.S.-based factories with Carbon printers, the rest of the shoe, or the extended supply chain, is in China.

This points to the biggest challenge in reshoring manufacturing, the fact that, no matter how much of a product is produced in the U.S., there are often parts and replacement parts sourced overseas. Yet, this could be where 3D printing, aka additive manufacturing, shines.

The Promise of Additive Manufacturing in Reshoring Efforts

Today, few end-use products are entirely 3D printed, but where 3D printing can replace the overseas supply chain is mold tooling, spare parts, and the type of low- to mid-volume production needed in the aerospace and medical industries.

MORE FOR YOU

WWE Royal Rumble 2025 Results, Winners And Grades

One Ukrainian Brigade Lost Entire Companies In ‘Futile’ Attacks On Worthless Treelines

The Fed Just Confirmed A Huge Crypto Game-Changer As Trump Sparks Bitcoin Price Crash Fears

“We view a more protectionist trade environment as an opportunity, since [additive manufacturing] is uniquely suited to solve many of the challenges posed by these changes,” notes Yoav Zeif, the CEO of 3D printer manufacturer Stratasys. For example, it provides the ability to move to a digital inventory which allows manufacturers to produce parts in local markets, while also reducing costs and supply chain risks.”

Stratasys machines are found at companies like General Motors and used for producing tools, fixtures, prototypes, and final car parts for its motorsports wing.

“Everything that’s onshoring instead of offshoring is a positive trend,” says Alex Monino, senior VP of personalization and 3D printing at HP, which makes a wide range of 3D printers used in all types of manufacturing. John Deere, for example, turned to HP’s metal 3D printing to create a low-volume of engine parts needed for a specific model of tractor only sold in cold-weather locations.

“Especially when you talk about moving from centralized manufacturing to distributed; that’s where additive manufacturing excels versus concentrating all manufacturing in one place,” Monino adds.

Bridging Supply Chain Gaps Through 3D Printing

Distributed manufacturing enables companies to make parts closer to where they’re needed, eliminating shipping and establishing redundancies to mitigate supply chain risks. For example, Vestas, the world’s largest wind energy company, turned to 3D printing critical parts in-house at its various facilities across several countries using the same brand of 3D printer, a Markforged X7, and a central database of parts.

“From the tariff side, it naturally has a benefit to get people to make the end product, where it’s needed,” says DeSimone. “You could have micro-factories making geo-specific products instead of these colossal factories overseas.”

Sports equipment giant Rawlings 3D prints a component of its REV1X baseball glove on Carbon 3D printers at Sybridge Manufacturing in Chicago, but then these parts are shipped to the Philippines for assembly.

Tariffs and Trade Policies: Catalysts for Additive Manufacturing

3D printer manufacturer, Nikon Advanced Manufacturing opened a new 90,000-square-foot facility in … [+] Long Beach, Calif., on Jan. 14, 2025, that will expand its 3D printing capabilities.Nikon Advanced Manufacturing

“I can’t see a scenario where [reshoring American manufacturing] is not going to help additive manufacturing,” says Glynn Fletcher, president of EOS North America, a Germany-based 3D printer manufacturer. “The increase in an American-first type of approach will tend to bring the most sensitive type of manufacturing back into the United States, such as space and defense.”

In anticipation of more government contracts, the EOS M 290 metal 3D printer is now partially manufactured in a facility in Texas, with more models to come. EOS machines are used at some of the U.S.’s largest contract manufacturers working in the space, defense, and power generation sectors, such as Sintavia, Incodema3D, I3D Mfg., and Beehive.

The U.S. defense industry is investing hundreds of millions of dollars exploring advanced manufacturing technologies to remove its reliance on overseas production.

“One of the reasons that the United States and its allies were successful in winning the Cold War was the massive technological superiority of the defense industrial base,” says Hamid Zarringhalam, CEO of Nikon Advanced Manufacturing, which makes metal 3D printers used to produce everything from rocket engines to induction coils to aircraft fuel system components. “Now, there are gaps in defense industrial base, and, especially when we’re talking about defense, it needs to be not only on our shores, but with technology developed and manufactured by the United States or its allies.”

Nikon Advanced Manufacturing just opened a facility in Long Beach, Calif., and began manufacturing its NXG XII 600 metal 3D printer in South Carolina in 2024. Defense contractor Lockheed Martin recently added a Nikon SLM machine to the expansion of its Grand Prairie, Texas facility.

Contract Manufacturing: A Bridge to Adoption

For American companies that are not ready to adopt additive manufacturing in-house, a growing market of 3D contract manufacturers are ready to step in to produce parts or be a bridge manufacturing solution until US-based facilities are up and running. In fact, the global additive manufacturing services market totaled $1.9B in Q3 2024, representing a 14% year over year growth, according to data from Additive Manufacturing Research.

“If there were really high tariffs that prevented products from being made overseas, companies will all have to start making facilities here,” says DeSimone, “and overall, that would be a good thing for the [additive manufacturing] industry.”

Original Source

Podcast: Will Trump’s tariffs impact North American reshoring initiatives?

January 30, 2025

Below is an excerpt from the podcast:  PS: The last time you were at the podcast, you talked about reshoring issues when we were in the last year of the Biden administration, and one of the reasons we’re talking today is that we are now in week two of the second Trump administration. And so […]

Read the full article →

2025 Automotive Forecast

January 29, 2025

Automotive manufacturers plan to accelerate investment in hybrid vehicles and reshore production with an eye on North America. Download a PDF of the report Automotive manufacturers face a number of challenges, from labor issues to concerns around reshoring, but new technologies are driving opportunities that have many automakers optimistic about the future. The U.S. automotive […]

Read the full article →

5 Construction Stocks Set to Carve a Beat in Q4 Earnings

January 28, 2025

The construction sector is likely to report mixed earnings for fourth-quarter 2024, reflecting both opportunities and challenges in the industry. On the positive side, increased infrastructure spending, strong housing demand, and reshoring initiatives have likely driven growth, providing a solid foundation for revenue gains. However, rising labor costs, persistently high interest rates, and ongoing supply […]

Read the full article →

Survey of Reshoring Will Provide Insights to Focus U.S. Industrial Policy

January 27, 2025

SARASOTA, Florida -The Reshoring Initiative, in collaboration with Regions Recruiting, has announced the launch of an industry-wide survey examining what is factoring into manufacturers’ decisions on whether to reshore factories and supply chains. This research comes at a critical time as the U.S. rebuilds its hollowed-out manufacturing base. The nationwide survey, released on Jan. 28, […]

Read the full article →

If reshoring’s happening, where does the US get the capital goods?

January 27, 2025

Noah Smith asserts in a commentary republished January 27 by Asia Times that “reshoring US industry is possible and happening.” His argument is based on egregious misrepresentation of the facts. Some of his misstatements depend on cherry-picking the date range – for example, a chart that shows battery production up 20% since 2018. But US […]

Read the full article →

Guardian Metal Resources PLC Announces Option to Acquire Tempiute Tungsten Project Signed

January 27, 2025

Guardian Metal Resources plc (LON:GMET)(OTCQX:GMTLF), a strategic development and mineral exploration company focused in Nevada, USA, is pleased to announce that it has completed the required due diligence and now signed the Definitive Exploration Lease and Option to Purchase Agreement (“Definitive” or the “Agreement”) with Hinkinite Resources LLC (“Hinkinite” or the “Optionor”) for the Tempiute […]

Read the full article →

European expert sees obstacles in Trump’s plans to reshore manufacturing sector through tariffs

January 25, 2025

Donald Trump sent a simple message at the World Economic Forum held in Davos: “Come make your product in America, and we will give you among the lowest taxes of any nation on Earth,” adding, “but if you don’t make your product in America, then, very simply, you will have to pay a tariff.” But […]

Read the full article →

Yes, reshoring American industry is possible

January 25, 2025

Reshoring American industry has become a bipartisan policy objective — it has always been part of Donald Trump’s agenda, and Biden cared a lot about it as well. The idea has always been met with skepticism from a number of directions. Many economists and free traders are skeptical of anything that involves tariffs and/or industrial […]

Read the full article →