More manufacturers are relocating back to the United States from China as wage costs in the populous Asian nation rise, a new survey from The Boston Consulting Group has revealed. The study, released Thursday but conducted in August, surveyed executives at companies with annual sales of at least $1 billion (790 million euros) and manufacturing […]
Reshoring News
Until recently, the United States enjoyed more than 100 years as the world’s largest producer of manufactured goods. By 2011, when China took over the top slot, the phrase “Made in America” referred to a dazzling array of things we proudly assembled and sold, as well as the way 11 million people made their living. […]
As production cost in Asia increase and American firms emerge from the recession smarter and more efficient, more companies are looking back at the U.S. for goods or parts. The economic forces at play challenge the entrenched notion that Asia is the lowest cost option for goods or equipment. The Northeastern Pennsylvania Industrial Resource Center, […]
David Davies In the electronics industry the arguments for and against offshore and onshore manufacturing seem to follow a never-ending yo-yo pattern. More recently, a third trend has developed in the form of re-shoring; as worries about quality issues, lengthened logistics and security have resulted […]
Rising transportation costs and energy prices, wage inflation and demand for shorter lead times have prompted many U.S. and Canadian companies to consider reshoring the production of goods bound for domestic markets back to North America. This is good news for many, as it allows companies to focus on growth and productivity within their […]
A growing number of manufacturing companies are bringing their operations back to the United States and they are discovering that cloud based ERP software can help their core functions become more efficient and cost-effective, ultimately driving greater revenue. Turning Offshoring into Reshoring For more than a decade, America’s manufacturing sector painted a grim picture. Between […]
The cost effectiveness of bringing back manufacturing to the state will be discussed during a free seminar held by the Northeastern Pennsylvania Industrial Resource Center (NEPIRC) in November. The trend to “reshore” manufacturing to America is gaining interest as many manufacturers are seeing a cost shift as wages and utility costs are on the rise […]
No one said it would be easy to shift manufacturing jobs from overseas back to the U.S. but Wal-Mart Stores vice president of U.S. manufacturing Cindi Marsiglio said the response in communities across the nation has been electric. From GE light bulbs to Kent Bicycles and Element TVs the lights are again on at empty […]
Reshoring really is happening but we need to do more locally to make the most of it ‘Reshoring’ manufacturing – or manufacturing activities ‘coming home’ has been a recurring theme in my work over the last few years. My own take on things, based on survey work I have undertaken with Dr Lisa De Propris at […]
“As American companies reshore production, we facilitate that process by offering cost-effective manufacturing in the United States,” said NATEL EMS President and CEO, Sudesh Arora. “By building reliability into the production process as well as engineering cost reductions, we are often adding value that our customers will not find elsewhere in the world.” CCA (also […]
