But the economics underpinning this trend appear to be reversing and it presents the UK with a once-in-a-generation opportunity. In an EY report released earlier this week, we estimate that reshoring could bring £15.3bn of GDP to the UK economy, equating to 315,000 jobs, if the right conditions exist. While increasing wages in […]
Reshoring News
FRANKLIN COUNTY >> Manufacturing jobs continued to decline both nationally and locally. The Pennsylvania State Data Center at Penn State Harrisburg released a research brief last week based on new U.S. Census data which shows continued declines in both the number of manufacturers and the number of employees over the last 15 years. In Franklin […]
Manufacturers have heard about how Internet of Things movement can generate, store and analyze data points, but the future of IoT is even more exciting. Sean Riley, the Global Manufacturing & Supply Chain Solutions Director at Software AG, recently released his list of supply chain and manufacturing predictions for 2015. Riley’s list includes predictions about […]
The city at the centre of much of the UK’s textile and garment reshoring efforts has been criticised in a new report that found “widespread and severe violations of work and employment laws,” at its factories. Research by the University of Leicester discovered that not only were workers in the city’s factories […]
Primary rules of thumb for any partnership is to know your partner and avoid unequally yoked arrangements. That was case for Rogers-based Redman & Associates founder Mel Redman who has amended his suit against Chinese manufacturing partner Sales Chief Enterprises claiming at least $40 million lost in his efforts to onshore the production of ride-on […]
Troubled dealings with a Chinese supplier cost Redman & Associates a $70 million contract with Wal-Mart Stores Inc., according to an amended complaint filed in U.S. District Court of the Western District of Arkansas. Redman & Associates was to produce more than 500,000 ride-on toys annually as part of Wal-Mart’s commitment to buy an additional […]
By Liz Segrist lsegrist@scbiznews.com Published Feb. 28, 2015 Vice President Joe Biden said in Charleston today that deepening of Charleston Harbor and investment in the Wando Welch Terminal so it can handle bigger ships are vital infrastructure projects to support South Carolina’s economy and manufacturing base. “You export $8 billion in vehicles; $1.5 billion in […]
An increasing amount of hype in recent years has focused on the business of reshoring, including two separate reports in the last week alone. Yet, while industry observers are keen to highlight the opportunities offered by a return of apparel manufacturing to the UK, it seems reshoring is far from a done deal. ‘Made in the UK’ or […]
EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–Eagle Creek Software Services, the leading provider of U.S. onshore technology services, is featured in a BBC World News documentary “Our World – Bringing Business Back”. The story magnifies the U.S.’s demand for higher levels of service and quality from offshore outsourcing countries. This worldwide documentary aired on the BBC between February […]
Reshoring some industries could add £15.3 billion to the UK economy and create hundreds and thousands of jobs, according to research. EY’s report Reshoring – Time to seize the opportunity says there is a “once-in-a-generation” chance to add billions to GDP and rebalance the UK’s economy. Looking over a 10-year period to 2025 it estimated […]
