“These diverging lines—which reflect the sector’s improved productivity—highlight a huge problem with Trump’s promises to help workers by reshoring millions of manufacturing jobs [by renegotiating trade deals],” Muro argues. “America is …
Reshoring News
Consider the recent “reshoring” phenomenon in which companies that had placed factories in cheaper nations returned production to the U.S.: Their factories have far fewer employees than before. So what can the government do to create good-paying jobs …
For example, reshoring a portion of manufacturing needs and using 3D printers to manufacture technically complex products can improve time-to-market responsiveness and reduce global transportation costs— which will have a positive impact on business …
Their numbers have since inched higher. And while no one has precise figures, Harry Moser, an MIT-trained engineer who tracks job-flow trends, estimates that U.S. payroll losses to offshoring dropped to around 60,000 last year from roughly 230,000 a year …
In our last column, we discussed how “total cost of ownership” (TCO) could reveal the hidden costs of offshoring and quantify the real profit and loss impact of reshoring or offshoring. Now, we will take an in-depth look at the free online Total Cost …
We need to be somewhere in the middle,” he said. Lucio said manufacturing jobs will be there for the taking as many companies begin “reshoring” plants from Asia back to North America due to financial advantages here. But, he said, for the Valley to …
And then there is the question of the unintended consequences that come when jobs are brought back. “GE Appliances invested a billion dollars to reshore a few years ago; they brought [production] back to Kentucky and negotiated with the unions and had …
One of U.S. President-elect Donald Trump’s main pledges on the campaign trail was to bring jobs back to the U.S. In a video-taped speech last week, Trump vowed on day one of his presidency to issue a notification of intent to withdraw from the 12-nation …
This and other factors — such as rising protectionist sentiment around the world and increased attention to the risks inherent in globe-spanning supply chains — have led to talk of a “reshoring” wave that could bring manufacturing activity back to the …
As I’ve explained repeatedly, even with America’s remaining and often considerable productivity edge in most sectors of advanced manufacturing, tax-focused policies suffered too many shortcomings to prove an effective tool for reshoring, or persuading …
