In an era marked by increasing globalization, geopolitical tensions, and shifting economic landscapes, businesses worldwide are constantly evaluating their strategies to ensure resilience and sustainability. A relatively new concept that has gained attention in recent years is “friendshoring” – a strategic approach to offshoring or outsourcing that prioritizes countries with which a company’s home nation […]
Reshoring News
“We believe the U.S. is in the early stages of a manufacturing supercycle,” wrote Joseph P. Quinlan, head of CIO market strategy at Merrill and Bank of America Private Bank. The term “manufacturing supercycle” caught my attention. At the Reshoring Institute, we’ve been reporting on robust growth across all manufacturing sectors in America, particularly since […]
Understandably, COVID-19 does not get much credit for the influence it has had on global business, particularly when it comes to the healthcare industry. But the truth is that the pandemic did expose some inconsistencies and challenges that have existed for some time in the medical device industry from a production and manufacturing standpoint. Within […]
The challenging period in global markets hasn’t dampened the potential in the global listed infrastructure space. In the face of aggressive interest-rate increases in most economies as well as high levels of inflation that have remained stickier than expected, Shane Hurst, portfolio manager at ClearBridge Investments, believes listed infrastructure can offer some insulation. “Given the […]
Cushman & Wakefield explores the challenges and factors driving onshoring and nearshoring Chicago, September 21, 2023 – Cushman & Wakefield (NYSE: CWK) today released new research on the challenges and factors driving onshoring and nearshoring, finding that while nearshoring and reshoring activities have increased from both businesses and governments, the sector is facing significant headwinds […]
by Adam Ozimek and Connor O’Brien Introduction: Congress’ Historic Semiconductor Push The resurgence of industrial policy in the U.S. is perhaps the most consequential—and also most daunting—when it comes to semiconductor manufacturing. The focus of policy on this sector is understandable: the overwhelming concentration of leading-edge chip production in the geopolitical hotspot of Taiwan, along […]
The plastics industry has experienced its share of challenges and opportunities in the ever-changing economic landscape. In this article, we delve into the prominent trends shaping the plastics industry in 2023. M&A activity on the rebound The first half of 2023 witnessed a notable 20% decrease in plastics industry M&A transactions compared with the same […]
STANTON, TENNESSEE, looks like a place from a bygone age. The town hall quaintly resembles a 1960s grocery store. Next door is a cannery, where townsfolk use communal stoves to make soups and peach preserve for winter. For much of its history, Stanton’s main source of income has been cotton farming, which was so depressed, […]
Last updated on September 26th, 2023 at 12:03 pm Leaders of southeastern Wisconsin’s 50 fastest-growing privately-owned businesses were honored Friday at the Italian Community Center in Milwaukee at BizTimes Media’s annual Future 50 awards program. Special recognition was given to this year’s Fastest 5 companies, which are the five fastest-growing of the Future 50. Each […]
SEOUL – South Korea’s major exporters of cars and smartphones are bringing home a bigger chunk of their earnings this year to enjoy new tax breaks, and their “reshoring” has become one rare source of support for a depreciating currency. South Korean companies repatriated a record US$33.13 billion (S$45.3 billion) of overseas earnings during the […]
