A new report by management consultancy firm Boston Consulting Group suggests the number of US firms onshoring from China has risen for the third straight year. AFP reports that BCG’s Made In America, Again survey investigated the views of 252 respondents, senior executives from companies in a variety of manufacturing sub-sectors. Overall, 16 per […]

GREENSBORO, N.C. — The American furniture industry has faced numerous challenges over the past decade, not the least of which included an economic meltdown, the offshoring of domestic manufacturing operations, and shrinking demand. The tide is shifting as economists and furniture insiders express cautious optimism for a slow industry turnaround. A new Furniture Industry Watch […]

More manufacturers are relocating back to the United States from China as wage costs in the populous Asian nation rise, a new survey from The Boston Consulting Group has revealed. The study, released Thursday but conducted in August, surveyed executives at companies with annual sales of at least $1 billion (790 million euros) and manufacturing […]

As production cost in Asia increase and American firms emerge from the recession smarter and more efficient, more companies are looking back at the U.S. for goods or parts. The economic forces at play challenge the entrenched notion that Asia is the lowest cost option for goods or equipment. The Northeastern Pennsylvania Industrial Resource Center, […]