Reshoring, Foreign Direct Investment Add 101,500 Jobs in First Quarter

May 22, 2023

Reshoring and foreign direct investment (FDI) job announcements for the first quarter are up 11% from last year, according to the Reshoring Initiative 2023 Q1 Data Report. “If the current rate continues new job announcements will reach over 400,000 by year-end. Additionally, the cumulative number of jobs brought back since the manufacturing low in 2010 […]

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Reshoring With Robotics & Bridging the Labor Gap

May 21, 2023

The affordability and capabilities of robots have led to their widespread adoption in many different industries, making them an essential part of our daily lives. Robotics technology will continue to revolutionize the way we work by automating mundane and dangerous tasks that previously required humans to perform. As businesses strive to stay competitive and meet […]

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Play New ETF RSHO to Bet on American Reshoring (Revised)

May 20, 2023

The recent surge in American reshoring, the process of bringing back manufacturing and production activities to the United States from overseas, has gained significant momentum. This trend has been driven by various factors, including the secular shift in global economic dynamics, the industrial renaissance, bipartisan support, competitive advantage, and pure exposure, per the issuer. As […]

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Executive Leaders Embrace U.S. Manufacturing Renaissance

May 18, 2023

Manufacturing has historically created an outsize impact on the U.S. Fast forward to today, this sector is presenting itself as a modern-day “gold rush” opportunity for many companies, driven by ambitious incentives from the current administration in recent legislation to produce key assets. From electric vehicle (EV) batteries to solar panels and semiconductors, companies are […]

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At Washington Post Live event, Senator Coons touts new investment jobs from inflation reduction act

May 17, 2023

WASHINGTON – U.S. Senator Chris Coons (D-Del.), Co-Chair of the Bipartisan Senate Climate Solutions Caucus, participated in a fireside chat as part of The Washington Post Live’s Climate, Technology, and Sustainability event yesterday. At the event, Senator Coons discussed how the historic legislation passed in the last Congress –including the Inflation Reduction Act, the CHIPS […]

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What is driving the companies leading the reshoring trend?

May 16, 2023

Martin Kaspar Given the difficulties in measuring the extent and value of reshoring, much of the debate about this topic is conducted on the basis of anecdotal evidence. Swiss-based medtech company Ypsomed decided to reshore its insulin pen production in 2018 after more than 30 years in Mexico, in what is a classical example of […]

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Bryant students reshore supply chain for WOW Sports fun-flatables company

May 16, 2023

As the warm weather turns and you prep for pool and pond, you can thank Bryant students for diving deep into the global supply chain so all your favorite inflatable products make it to shelves this summer. Like mega-corps Apple and Nike, popular inflatable water toy company WOW Sports was burned by supply chain disruption […]

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Techtextil North America And Texprocess Americas 2023 Kick Off In Atlanta With Strong Business Momentum

May 12, 2023

ATLANTA — May 10, 2023 — Introducing market-leading innovations by more than 350 exhibitors from 30 countries, the unified edition of Techtextil North America and Texprocess Americas opened doors in Atlanta at the Georgia World Congress Center today. New brands, new innovations and new themes — the 2023 edition offers attendees more features than ever […]

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State firms to get leg up in strategic play

May 12, 2023

China will boost the presence of its centrally administered State-owned enterprises in strategic emerging industries, such as new-generation information technology, artificial intelligence and integrated circuits, in a bid to speed up the country’s transition to high-end industrial and value chains. The country’s top regulator for State-owned assets said that the government would support these firms […]

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Renewcell and TextileGenesis Ink Deal on Supply Chain Traceability

May 12, 2023

Swedish textile recycling innovator Renewcell has announced a planned agreement with TextileGenesis to implement full traceability for Renewcell’s biodegradable raw material, Circulose, across the entire textile supply chain. TextileGenesis technology allows Renewcell to share real-time digital traceability with all Circulose customers and supply chain partners using digital tokens that guarantee a secure chain of custody […]

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