Republican gubernatorial candidate Asa Hutchinson addressed the onshoring of jobs to the United States and what he said was a burdensome regulatory environment during a speech to the Fort Smith Manufacturing Executives Association. The event, which was closed to the press by the MEA, was attended by business leaders and manufacturing executives from across the […]
Reshoring News
CHICAGO–(BUSINESS WIRE)–Michigan remains one of the largest manufacturing hubs in the U.S. While this reputation largely grew from the strong presence of major automotive companies, manufacturers outside of the auto sector also have an established footprint in the state. The inaugural BDO USA, LLP analysis of risk factors listed in the most recent 10-K filings […]
NEW YORK, United States — At every conference or trade show I attend, there is one question that’s always asked: is apparel manufacturing returning to America? In recent years, there has been a considerable amount of media attention focused on companies said to be “re-shoring” production back to the US. Walmart, the world’s largest retailer […]
What a turnaround! A decade ago, pundits predicted that American manufacturing jobs were all heading offshore, never to return. But this trend has slowed, and may be poised for a reversal. The Boston Consulting Group (BCG) recently issued a report studying manufacturing costs in the 25 largest exporting countries. The study concludes that […]
Guidepoint Systems announced that it has begun an initiative to return the majority of its product manufacturing to the United States at a production facility in Houston, Texas. The Fort Worth, Texas-based producer of GPS-enabled asset tracking systems for commercial and consumer applications, said it anticipates the shift in manufacturing will allow the company to […]
This week, the trade group EEF forecast that Britain’s manufacturing sector will grow by 3.6% in 2014, an increase on its previous prediction of 2.7%. This puts manufacturing ahead of the overall economy, estimated at 3% growth. Creative Skillset is particularly optimistic about growth in fashion and textiles manufacturing, putting current exports at £800m a […]
Rising costs in China and shifting global economic forces are pressuring companies to reevaluate their global manufacturing strategies and consider localizing their operations. We’ve all heard the latest buzzwords: “reshoring,” “onshoring,” nearshoring and others. Some companies have started the process and have reported success. But many other companies are struggling with the reshoring. Otis Elevator […]
Companies can now bid for a share of the £100m, which will provide research and development support, skills training and investment capital and encourage major new suppliers to ‘re-shore’ in the UK. “A strong manufacturing sector is vital to a balanced economic recovery, and I want to ensure that Britain’s supply chains are up […]
By Matt West PUBLISHED: 04:59 EST, 9 June 2014 | UPDATED: 05:17 EST, 9 June 2014 Manufacturing firms are increasing their growth forecast and plan to recruit more staff and boost investment, a survey published today has found. Manufacturers’ organisation EEF raised its growth forecast for the year from 2.7 per cent to 3.6 per […]
Companies can now bid for a share of £100 million from a Government scheme to help them strengthen their domestic supply chains and bring manufacturing back to the UK. The funding will provide research and development support, skills training, investment capital and encourage major new suppliers to ‘reshore’. It comes from the Advanced Manufacturing Supply […]
