Reshoring News

Reading Time: 11 minutes AQ invited former foreign policy officials from the Trump and Biden administrations to offer their analysis of what another term for their former boss might look like. The articles were finalized in June. To see the Biden essay, click here | Leer en español | Ler em português On February 4, 2020, in the final State of […]

“Only something like one to five percent of metal AM customers are ready for automation,” explained Walker. “But should we sit back and wait until 50 percent of them are ready before we start to take action? The problem there is that, so far, there’s still probably not a business case for us to do […]

Trade and productionDr. Bill Conerly using data from CPB Netherlands Bureau for Economic Policy Analysis International trade around the world has sagged despite moderate economic growth. Reshoring and de-globalization, two related concepts with slightly different emphases, seem be responsible. The global economy continues to expand, with forecasts for 2024 and 2025 just a hair below […]

Manufacturing hub in Monterrey, MexicoFictiv In an effort to diversify sourcing for customers, I’ve spent time researching and reflecting on four global manufacturing regions (India, Mexico, the U.S., and China) and how they each play into a larger supply chain diversification strategy. Supply chain management continues to be a tough job, especially given the drive […]

In June ASSEMBLY Audible discussions covered a range of topics spanning the latest trends and technological advancements in product assembly. Highlights include conversations on the history of unionizing automotive assembly plants, new data on reshoring and nearshoring, recent investments in cutting-edge robotics facilities, the current state of automotive software, and the evolution of motion control […]

(ATTN: ADDS bond yields at bottom, photo) SEOUL, July 15 (Yonhap) — Seoul shares closed slightly higher Monday as investors digested the aftermath of the assassination attempt of former U.S. President Donald Trump over the weekend. The local currency fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index rose 3.92 points, or […]

Along with apple pie, baseball, and tipping, the automobile is classically American. But when it comes to the 21st century passenger car, automakers in the United States — save for Tesla — have been playing catchup, scrambling to counter the rise of China’s electric vehicle boom. Sure, both EVs and internal combustion cars have seats […]

Reshoring + foreign direct investment (FDI) job announcements in 2023 continued to climb, adding 287,000 jobs, the second-highest year on record. EV batteries, semiconductor chips, and solar – all essential goods supported by U.S. industrial policies, account for 39% of the job announcements. Trend Highlights: Reshoring Initiative 2023 Annual Report: Geopolitical Risk and Industrial Policy […]

A study from the Sarasota, Florida-based Reshoring Initiative of reshoring and foreign direct investment (FDI) in the U.S. in 2023 indicates some 287,000 manufacturing sector jobs were created via those activities. The not-for-profit group, founded by former GE executive Harry Moser, strives to attract overseas manufacturing activity to the United States. According to the report, […]

Reshoring Creating Record Amount of Jobs

by admin on July 12, 2024

These factors, combined with economic uncertainties, underscore the need for resilient and adaptable supply chain strategies to navigate an increasingly unpredictable global landscape. Investment in U.S. manufacturing has also been rising, with a key focus on shortening supply chains. Trend Highlights: Significant growth has been noted in “essential” industries supported by the Inflation Reduction Act […]