November 1, 2013
SINGAPORE: For years, US companies have saved money by shipping jobs overseas where products could be made at a fraction of the cost. But now, some big name companies are starting to do what’s known as “reshoring” – bringing jobs back from China to the US. It started off rather anecdotally, with small companies announcing […]
Read the full article →
November 1, 2013
<!–enpproperty 2013-11-01 00:54:57.0Matt HodgesFirms heading home as benefits wane in Chinaoutsource,cost, gap,China,EU,US1811048828Economy2@usa/enpproperty–> More companies from Europe and the United States that outsourced production to China are returning home as price gaps narrow, reports Matt Hodges For Dutch engineering and electronics conglomerate Philips NV, improved automation and smarter robots meant it made more sense financially to […]
Read the full article →