Reshoring News

The US manufacturing sector is bracing for what could be a perfect storm of supply shortages and surging demand. This ‘storm’, driven by reshoring efforts, potential tariffs, and ongoing manufacturing labor challenges, might just set the stage for additive manufacturing (AM) service bureaus (SBs) and contract manufacturers (CMs) to step into the spotlight. The Big […]

The mismatch in skill sets of the traditional workforce in the evolving tech-driven job market will be one of the biggest crises the world faces in the next decade. As a result, an estimated 9.2 crore jobs will be lost globally over the next six years, though the shift will generate some 17 crore novel […]

For the first time, global automakers are rapidly moving their electric vehicle production to the U.S. and their battery supply chains out of China—and it’s no fluke. It’s in response to the Inflation Reduction Act’s electric vehicle tax credit, which gives consumers a $7,500 discount on EVs that are predominantly made with American parts on […]

European aerospace companies are bracing for “very strong” protectionism in the United States as Donald Trump prepares to take office. Guillaume Faury, CEO of Airbus SE EADSY, voiced his concerns about the potential impact on the industry. What Happened: Faury, who also leads France’s GIFAS aerospace association, noted that supply chains are still recovering from the pandemic’s disruptions, Reuters reported on Thursday. […]

Nik Rajkovic / news@whmi.com Governor Gretchen Whitmer on Tuesday announced the Biden administration finalized direct funding of $325 million to Michigan-based manufacturer Hemlock Semiconductor to build a new facility supporting 180 permanent, advanced manufacturing jobs and over a thousand good-paying construction jobs. The direct funding was made under the bipartisan CHIPS and Science Act, which […]

There were only 20 companies last year. Stuck by regulatory and high-cost structures. Reshoring support is also far from sufficient. The actual execution of foreign direct investment has ceased. The number of U-turn companies that moved their production facilities from overseas to Korea last year hit a five-year low. Critics point out that the reshoring […]

Perceived national security and reshoring factors could contribute to new or increased tariffs for steel, aluminum and copper entering the United States. An early January report from the Washington Post says strategists providing input to President-elect Donald Trump are urging him to pull back from the “universal” tariffs he campaigned on and instead target specific […]

In 2024, the landscape of supply chain management underwent several profound transformations, marked by strategic shifts towards diversification, digital innovation, and consumer-centric approaches. As businesses reflected on the challenges of the previous year, many recognized the critical need to reduce dependency on single sources, particularly China and began investing in regional manufacturing capabilities across emerging […]

The Outlook for 2025 As the calendar flips to 2025, the commercial real estate landscape is evolving in response to lingering trends from the previous year. The industrial sector is experiencing a delicate equilibrium; while demand for expansive logistics facilities has moderated from pandemic highs, smaller spaces under 200,000 square feet still see consistent interest. […]