Workforce continues to be a challenge, especially as reshoring — bringing jobs that had been outsourced to other countries back to the U.S. — continues to be the trend. There are educators, associations and public entities that are working to provide …
Reshoring News
But, says nonprofit advocacy group the Reshoring Initiative, in 2015, the U.S. economy added nearly as many jobs through reshoring and foreign investment as it lost to offshoring. As USA Today reported in April 2016: “Some of the largest U.S.-based …
Pentagon Plastics says last year’s spike in companies choosing to ‘reshore’ their manufacturing practices to the UK shows no sign of waning for 2017. Over the last year the Surrey-based contract moulder and toolmaker has welcomed an increase in …
Donald Trump won the presidency on the back of promises to shake up Washington. But according to his advisers he is also setting out to shake up the structure of international business and the global economy. Peter Navarro, the head of a new White House …
Elsewhere in his answers, Navarro repeated the rationale behind Trump’s activist approach to reshore more value-adding manufacturing jobs to the U.S. “It does the American economy no long-term good to only keep the big box factories where we are now …
There are already signs that Europe and North America could increasingly “reshore” production from low-cost developing countries, many of which happen to be in Asia. As Larry Fink, chairman and CEO of BlackRock, pointed out at Davos, all of this raises …
However, if the long-run payoff ends up justifying the initial investment, you could see some reshoring of US jobs. That is, garment production moving from China and back into the US – but therein lies the catch. This kind of technology typically creates …
He’s promised to raise tariffs on Chinese goods to 45 per cent of their value, and wants US manufacturers to reshore production back to America. Now commentators fret that Trump is walking in the ‘ominous’ and ‘dark’ footsteps of the 1930 Smoot …
Still, some manufacturers are finding the United States more attractive than it used to be. The Reshoring Initiative’s Harry Moser said that 2013-2014 was a tipping point, with the U.S. going from losing about 140,000 manufacturing jobs per year to …
The Reshoring Initiative President, Harry Moser states “A strong skilled workforce is key to retaining and bringing jobs back home to stimulate economic growth and the creation of good paying jobs”.
