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MACH 2016: a unique showcase of manufacturing technologies

February 15, 2016
The conclusion of MACH 2014 saw (then) business secretary Vince Cable announce £100m to help companies strengthen domestic supply chains in an effort to increase reshoring of UK manufacturing. How well has that money been put to use? The £100m part of …
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BoB might sell assets, tap foreign bond market

February 14, 2016
“Capital gets blocked due to guarantees. Rationalising them will release some of it,” a bank executive said. “We are also looking at repatriating funds from overseas operations,” he added. These include bond investments and syndicated loans. BoB’s …
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Manufacturing Executives Offer Key Workforce Training Insights at Tooling U-SME’s tuXperience Conference

February 14, 2016
Advancements in technologies, reshoring, and attracting and retaining Millennial employees will be some of the topics discussed at the conference for human resource and C-Suite executives. Through collaborative discussions and breakout Q&A sessions …
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Community colleges prepare workers for new jobs

February 10, 2016
Salary.com recently reported that 37 percent of manufacturing executives are planning or giving serious consideration to returning from overseas — often called “reshoring” or “insourcing” — including General Electric and Master Lock.
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End of the line?

February 10, 2016
There are about two million OFWs in the Middle Eastern oil producing countries. Even if only 10 percent of them lose their jobs, a crisis will arise not just in repatriating them, but also in giving them alternative employment here. As for the BPOs …
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Global Industrial PC Market to Exceed USD 5 billion by 2020, According to Technavio

February 8, 2016
Americas: reshoring of manufacturing leads to growth in the industrial PC market The industrial PC market in the Americas is expected to grow at a CAGR of over 10%. The major contributors to the industrial PC market in the Americas are the US and Canada.
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Vishay Reports Results for Fourth Quarter and Year 2015

February 8, 2016
We initiated another Company wide restructuring program and implemented various programs for improving efficiencies in manufacturing according to … “We continue to focus on shareholder value. By repatriating $300 million of foreign earnings over …
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Weak U.S. Jobs Report Symptom Of Slowing Economy

February 8, 2016
If the numbers in Friday’s jobs report are accurate with regard to manufacturing, it could be that some multinational companies may be “onshoring” – bringing production back to the US from abroad. The reasons are varied but could include geopolitical …
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Willis Towers Watson Reports Quarterly and Full-Year Results

February 7, 2016
The normalized tax rate for the quarter was 30%, which excludes the tax costs of repatriating overseas cash used to fund the Towers Watson shareholder special dividend and other merger related tax restructuring costs. For the quarter, the Benefits segment …
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Paris Agreement: Supply Chain Implications

February 7, 2016
In many cases, companies find that, although the production cost is lower offshore, the total cost is higher, making it a good economic decision to reshore manufacturing back to the U.S. The free TCO estimator can be found on the ReshoreNow dot org website.
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