Reshoring News

We initiated another Company wide restructuring program and implemented various programs for improving efficiencies in manufacturing according to … “We continue to focus on shareholder value. By repatriating $300 million of foreign earnings over …
If the numbers in Friday’s jobs report are accurate with regard to manufacturing, it could be that some multinational companies may be “onshoring” – bringing production back to the US from abroad. The reasons are varied but could include geopolitical …
The normalized tax rate for the quarter was 30%, which excludes the tax costs of repatriating overseas cash used to fund the Towers Watson shareholder special dividend and other merger related tax restructuring costs. For the quarter, the Benefits segment …

Paris Agreement: Supply Chain Implications

by admin on February 7, 2016

In many cases, companies find that, although the production cost is lower offshore, the total cost is higher, making it a good economic decision to reshore manufacturing back to the U.S. The free TCO estimator can be found on the ReshoreNow dot org website.
LONDON — February 8, 2016 — The research provides an insight into the trend for reshoring in the textile industry. It evaluates the market opportunity for growth, especially within the United States as reshoring is gaining momentum in the textile …

Workforce Effort Leaders Talk About Skills Gap

by admin on February 7, 2016

It is part of the “reshoring” phenomenon after those businesses moved manufacturing out of the U.S. for cheaper labor in foreign countries. Fenter described reshoring as “where companies are recognizing that all they thought was green in the pastures …

Lessons From a Successful Reshoring

by admin on February 7, 2016

Get alerted any time new stories match your search criteria. Create an alert to follow a developing story, keep current on a competitor, or monitor industry news. GlobeSt.com caught up with the compan…

Interview – M. Faisal Pandit

by admin on February 7, 2016

Recent data suggests that reshoring is still not outpacing the rate of off-shoring. Do you think factory automation solutions will help to slow or reverse that trend in the United States? I believe there are three primary challenges to reshoring …
“And that puts us at enormous disadvantage competitively, globally. But it also restricts U.S. companies from returning and repatriating those earnings so they can actually put them to work, for example, here in Wisconsin. “So the fact is if we don’t …
“The reshoring initiative, which is currently popular with most Americans, has led to the domestic resurgence of mold making. “Modern Mold with their competency, technology and ingenuity is positioned to answer this demand,” Graham said. Modern Mold’s …