More competitive at home – Aerospace Manufacturing and Design

June 12, 2014

What a turnaround! A decade ago, pundits predicted that American manufacturing jobs were all heading offshore, never to return. But this trend has slowed, and may be poised for a reversal. The Boston Consulting Group (BCG) recently issued a report studying manufacturing costs in the 25 largest exporting countries. The study concludes that […]

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Guidepoint Systems Brings Product Manufacturing Back To US At Houston … – Area Development Online

June 11, 2014

Guidepoint Systems announced that it has begun an initiative to return the majority of its product manufacturing to the United States at a production facility in Houston, Texas. The Fort Worth, Texas-based producer of GPS-enabled asset tracking systems for commercial and consumer applications, said it anticipates the shift in manufacturing will allow the company to […]

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Returning fashion manufacturing to the UK – opportunities and challenges – The Guardian (blog)

June 10, 2014

This week, the trade group EEF forecast that Britain’s manufacturing sector will grow by 3.6% in 2014, an increase on its previous prediction of 2.7%. This puts manufacturing ahead of the overall economy, estimated at 3% growth. Creative Skillset is particularly optimistic about growth in fashion and textiles manufacturing, putting current exports at £800m a […]

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How To Avoid a Failed Reshoring Project – CFO Magazine

June 9, 2014

Rising costs in China and shifting global economic forces are pressuring companies to reevaluate their global manufacturing strategies and consider localizing their operations. We’ve all heard the latest buzzwords: “reshoring,” “onshoring,” nearshoring and others. Some companies have started the process and have reported success.  But many other companies are struggling with the reshoring.  Otis Elevator […]

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Supply chain receives £100m boost – Engineering Capacity

June 9, 2014

Companies can now bid for a share of the £100m, which will provide research and development support, skills training and investment capital and encourage major new suppliers to ‘re-shore’ in the UK. “A strong manufacturing sector is vital to a balanced economic recovery, and I want to ensure that Britain’s supply chains are up […]

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Manufacturers see economy growing by 3.6% this year as government launches … – This is Money

June 9, 2014

By Matt West PUBLISHED: 04:59 EST, 9 June 2014 | UPDATED: 05:17 EST, 9 June 2014 Manufacturing firms are increasing their growth forecast and plan to recruit more staff and boost investment, a survey published today has found. Manufacturers’ organisation EEF raised its growth forecast for the year from 2.7 per cent to 3.6 per […]

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£100m reshoring fund is launched – The Star

June 9, 2014

Companies can now bid for a share of £100 million from a Government scheme to help them strengthen their domestic supply chains and bring manufacturing back to the UK. The funding will provide research and development support, skills training, investment capital and encourage major new suppliers to ‘reshore’. It comes from the Advanced Manufacturing Supply […]

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Cable: £100m for domestic supply chain in reshore push

June 7, 2014
Companies can now bid for a share of £100 million from a Government scheme to help them strengthen their domestic supply … major new suppliers to reshore in the UK. It comes from the Advanced Manufacturing Supply Chain Initiative (AMSCI).
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Springfield leather firm playing small role in onshoring trend – Dayton Daily News

June 7, 2014

Bosca, a high-end leather manufacturer, is experimenting with a plan to shift a small amount of production back to Springfield, a trend local and state experts said is slowly becoming more common in Ohio’s roughly $87 billion manufacturing industry. A family-owned company with about 25 employees locally, the firm has had its headquarters in Springfield […]

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The Case for a Temporary Corporate Tax Cut – Wall Street Journal (blog)

June 6, 2014

ROBERT PROFUSEK: U.S. companies have deleveraged and built up an unprecedented amount of cash since the financial crisis. However, aftershocks of the financial crisis and investor hunger for yield in a low interest-rate environment combined to make many companies reluctant to invest. As a result, at least until this year’s M&A boomlet, many U.S. companies […]

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