Just as there are varying opinions about the pace of reshoring of US manufacturing, there are different theories on how to create the efficiencies and economies without the industry to bring manufacturing back from overseas locations like China and Mexico. One expert believes the way forward for reshoring US manufacturing jobs lies in a combination […]
Reshoring News
Until recently, manufacturing and industrial decline had seemed a permanent feature of the U.S. economy. More recently, we’re seeing another trend, perhaps even an “industrial renaissance.” New factory construction is mushrooming in the U.S. Last month, fixed domestic industrial investment actually doubled on a year-on-year basis. “Outlays for factory-related structures jumped in January through March,” […]
CHICAGO–(BUSINESS WIRE)–The Reshoring Initiative recently announced a program in partnership with Walmart to help companies manufacture more consumer products in the United States. Walmart has committed to increase its U.S. purchases by $50 billion annually by January 2023. Harry Moser, founder and president of the Reshoring Initiative observed, “We were honored to be called on […]
Despite reports that reshoring efforts are bringing manufacturing back to the US, the manufacturing sector is still seeing a net deficit of jobs since the recession. And more must be done to facilitate the reshoring of jobs from places like Mexico and China, according to a blog post on the website of The Rodon Group, […]
Walmart Helping Suppliers Return to US IndustryWeek
Cybersecurity is increasingly a critical issue and recent threats are translating into more jobs in the US for specialists in this area. “Over the last five years, there’s been a 90 percent increase in demand for cybersecurity professionals,” Matthew Sigelman, CEO of Burning Glass Technologies, which analyzes jobs data, told CNBC recently. “That’s three times […]
SHARE0000 The PBOC implemented a new procedure for setting the mid-point on Tuesday. Yesterday the PBOC fixed the yuan at 6.4010. It could also see more “onshoring” of activity back into China and dash some of the hopes of some economies to pick up some of the manufacturing investment that was starting to find […]
According to Cushman & Wakefield, rising global labour costs are encouraging increasing numbers of manufacturers to re-shore or on-shore plant and facilities in the UK. This has strengthened the UK’s profile and improved its position in the firm’s ‘Where in the World? Manufacturing Index 2015’, published today. The UK’s low risk rating and renowned marketplace […]
Footwear firm Padders is reinstating its UK manufacturing base with a range made at its workshop in Kettering, Northamptonshire. The new state-of-the-art facility will allow the company to offer Padders’ branded and made-to-order products, as well as private-label footwear and contract manufacturing. “The conveyor belts are going in this week and the first […]
