As recently as 2011, the strength of the Japanese currency combined with relatively high labor, transportation and property costs at home meant that wise companies were investing in manufacturing facilities overseas. Today, as the yen slips and costs rise in other parts of Asia, those same companies are increasingly considering repatriating a good proportion […]
Reshoring News
Chicago, Illinois – Officials from The Reshoring Initiative announced that U.S. Bank Equipment Finance renewed its sponsorship to support the Initiative’s goal of bringing manufacturing jobs back to the United States. “We are delighted that U.S. Bank Equipment Finance, a financial leader in the manufacturing arena, has decided to renew its sponsorship to […]
The year 2014 was a good year for initial public offering (IPO) markets globally; companies raised about $95 billion in the US, $27 billion in the UK and $24 billion in Asia. The US continues to lead and grow; the amount raised grew by more than 50% over …
U.S. Block Windows President Roger Murphy has brought manufacturing back to Pensacola from overseas. Murphy’s company brought manufacturing jobs back to the United States and has abandoned its China operation in favor of North American production, as part of a burgeoning national trend called reshoring–the opposite of offshoring.(Photo: Tony Giberson/tgiberson@pnj.com) In this era of industrial […]
The weak yen is prompting a growing number of Japanese manufacturers to take another look at domestic production, after years of shifting operations to overseas factories. While the trend is not yet in full swing, and could be reversed by a rebound in the …
– Jan. 15, 2015 – Supply Chain News: New Report Claims Touted US Manufacturing Renaissance Mostly a Mirage Most of Recent Growth in Output and Jobs is Cyclical, not Structural; Cheerleading Obfuscates Need for Policy Change SCDigest Editorial Staff Is US manufacturing on […]
HATFIELD, PA – Lincoln Logs’ owner will reshore production of its tiny logs to the U.S., now that it has found a domestic supplier in PrideSports, Burnham, ME. The logs have been produced in China for the toy maker K’Nex Brands, which is famed for insourcing its other toy lines. The […]
How is the sourcing landscape likely to shift in 2015, and what strategies can help apparel firms and their suppliers to stay ahead? China is seen moving higher up the value chain, and near-shoring is likely to make small inroads, but improving productivity and building long-term vendor relationships are seen as key. […]
Depending on who you speak to, the United States manufacturing sector is either undergoing a second renaissance or doesn’t exist at all. The truth of the matter is that the current state of the U.S. production economy exists somewhere in the middle of the two. While it isn’t necessarily decrepit, procurement officers across the globe […]
Image By: SPI Carteaux Leading into 2015 economic indicators are pointing to another positive growth year for America’s plastics manufacturing industry. That’s why I […]
