Reshoring News

Border-Adjustment Tax and Manufacturing

by admin on February 27, 2017

In theory, the plan would also discourage offshoring and incentivize reshoring. What do assemblers think of the idea? It depends on whom you ask. Major exporters, such as Boeing, Caterpillar, GE and Varian Medical Systems, support the idea. The automotive …

What Trump gets wrong about manufacturing

by admin on February 27, 2017

It would be misguided to think that reshoring jobs from a handful of companies that are household names will be enough to bring back the glory days of manufacturing in this country. The government must also invest in the small machine shops that you …
Freight is growing. It’s getting smarter, faster and more responsive to the demands of the market. With the promise of reshoring hope and possible public backlash for continuing offshoring of processes, freight shipping providers will have the …

Indian Train Chaos a Blow for Local Workers

by admin on February 27, 2017

That’s where these trains should be built”. “The AMWU has been actively arguing for local rail content for decades and now we’re calling on the state government to reshore the work to give Queenslanders at shot at building the trains here.”
With the low labour cost advantage severed, firms no longer have an incentive to invest in the developing countries, and thus “reshore” or relocate to the developed countries that usually offer a more favourable investment climate. This is already …
The catch, however, is that the reshoring trend is unlikely to lead to a surge in manufacturing employment. “Whenever people say: ‘We are going to bring manufacturing back,’ I say: ‘Yes, but robots and 3-D printing will run the show, and you hardly …
Reshoring Institute announces 10 State Economic Profiles: Arkansas, Colorado, Kansas, Minn, Missouri, New Mexico, N.Carolina, S. Carolina, Virginia, Wisconsin. These profiles provide information useful to companies determining the most suitable locations …

Will Trump trigger local job growth?

by admin on February 25, 2017

“We’ve seen some instances of jobs coming back — they call it reshoring,” Tucker said while adding a word of caution concerning the outlook for Surry County. “We may see some of that,” the EDP president said of jobs returning. “But thousands …

Bringing Manufacturing Back to America

by admin on February 23, 2017

The stated aim of the CFRM is to help manufacturers with a variety of issues, including reshoring, global manufacturing, site selection, project financing, domestic and international taxes, import/export and supply chain and technology services.
The Korean government has launched the “2014 manufacturing innovation 3.0” project to help the domestic manufacturing industry secure competitiveness to effectively cope with advanced countries’ manufacturing reshoring and newly emerging countries’ rapid …