Reshoring is a growing theme in the US economy. Former President Donald Trump’s tariffs on imported goods pushed companies to start manufacturing products in the US, and then COVID-19’s disruption of global supply chains accelerated this trend. Today, both major parties seem to be somewhat protectionist, a shift from the NAFTA days of the 1990s […]
Reshoring News
Driven by strategic and economic considerations, in recent years, policymakers in Washington have been encouraging US and other Western multinationals to either “reshore” to the US or relocate their production and supply chains out of China to “friendlier shores”. Pushing ahead with a strategy of “de-risking”, to reduce the dependence on Chinese products and supply […]
NEXT LEVEL Partners®, LLC has hired Eleazar Longoria to focus on expanding its growing client base in Mexico and to better support global organizations who are reshoring to Mexico. NAPLES, Fla., Sept. 3, 2024 /PRNewswire/ — NEXT LEVEL Partners (NLP), a leading business transformation consultancy, today announced the hiring of Eleazar Longoria to expand the firm’s […]
By Zhou Chao After the 2008 global financial crisis, the Obama administration launched a reindustrialization strategy. Following Trump’s election, the U.S. government continued this plan. Both strategies aim to revitalize American manufacturing and support increased infrastructure investment. However, some have been skeptical of this industrial development strategy. Critics argue that for a country like the […]
Just like most strained, inefficient and vulnerable systems, supply chains can also benefit from automation, according to a recent ISA position paper, “Automation drives the global quest for resilient supply chains”. “Whether it’s COVID-19, the Suez Canal blockage, war in Ukraine or the Baltimore bridge collapse, they can all disrupt supply chains worldwide. Suppliers have […]
While most of the attention in the stock market this year has been directed towards the mega-cap tech stocks and artificial intelligence, there’s a significant “boring” trend underway. One that just so happens to be contributing to one of the biggest U.S. manufacturing booms seen in decades: Reshoring. Manufacturers are building facilities in the U.S. […]
STATE DEPARTMENT – The White House says U.S. officials continue to raise concerns about what they describe as unfair trade policies and non-market economic practices by the People’s Republic of China. Meanwhile, U.S. President Joe Biden’s administration is expected to unveil its final implementation plans for substantial tariff increases on selected Chinese imports in the […]
Proslat is a manufacturer of garage organization systems, which include slatwall organization, garage cabinets, and tool chests. Proslat Reshoring manufacturing jobs is something everyone keen to see industry thrive in North America hopes will happen. It’s not easy, and it’s not guaranteed to be successful, but those who make a solid investment in both technology […]
Just as process safety experts evaluate the severity and frequency of potential incidents, suppliers, system integrators and end-users can investigate the upstream and downstream links in their supply chains, identify definite and possible hurdles, gauge likely impacts, and develop responses. The primary supply chain variables are: Original Source
By Robert Harrington, MPA, MEDPFrom the July / August 2024 Issue After decades of offshoring manufacturing jobs to lower-cost countries, a new economic renaissance is taking shape across the heartlands of rural America. Driven by a renewed focus on supply chain resilience, deglobalization pressures, and incentives for domestic production, major companies are increasingly “reshoring” operations back to […]
