Matthew B. Elliott, Michigan State president, Global Commercial Banking, Bank of America Merrill Lynch What will be the biggest trend impacting the investments manufacturers make in 2015? Driven in part by a favorable financing environment in the U.S. for the manufacturing industry, we are expecting a continued increase in manufacturing companies reshoring their businesses. Now […]
Reshoring News
Matthew B. Elliott, Michigan State president, Global Commercial Banking, Bank of America Merrill Lynch What will be the biggest trend impacting the investments manufacturers make in 2015? Driven in part by a favorable financing environment in the U.S. for the manufacturing industry, we are expecting a continued increase in manufacturing companies reshoring their businesses. Now […]
The pace of re-shoring and near-shoring – whereby manufacturing operations are relocated back to the U.S. directly under the former or to nearby Mexico and Latin America countries via the latter – is slowing down, according to a new study by global consulting firm A.T. Kearney. As a result, freight imports through U.S. ports are […]
Reshoring is a hot topic in manufacturing. Many companies are already doing it, and according to a recent BCG study, 54 percent of companies with over billion in revenues are now considering it. Walmart has pledged to spend $250 billion over the next 10 years for U.S.-made goods to be sold in their stores, and […]
Reshoring operations back to the United States has recently emerged as an important trend in manufacturing. However, there are some significant challenges facing companies that have moved back or are planning to move back, challenges that present clear opportunities for cloud-based ERP software to provide solutions. The Reshoring Trend Industry analysts, even those who might […]
Reshoring operations back to the United States has recently emerged as an important trend in manufacturing. However, there are some significant challenges facing companies that have moved back or are planning to move back, challenges that present clear …
A Montgomery County manufacturer of plastic injection molds and K’NEX construction toys is bringing production of one of its classic toy brands back to the United States from China. Lincoln Logs, a classic toy brand developed nearly 100 years ago, is part of the K’NEX family of brands. Beginning next year, […]
With all the news and stories about U.S. manufacturing in the midst of a reshoring drive, a new report looks at the real numbers behind the push to bring production back to our shores. Yesterday, A.T. Kearney released its 2014 Reshoring Index, which looks at the rate and pace of the return of manufacturing operations […]
Many big-name retailers have pledged to bring some manufacturing back to the U.S., but experts have questioned the sincerity of the claims. Now a recent study has found that the industry is indeed returning to some local production. Apparel was one of the top three industries to “reshore,” […]
British automotive manufacturing is about to have a resurgence. Over the course of the next two years 50,000 jobs will be created as manufacturers bring production back to home shores. New research suggests that the recent reshoring trend is down, in part, to manufacturers attempting to break into the ‘green’ auto industry. Work previously […]
