We’re in a boom time for reshoring manufacturing—at least to hear our politicians talk about it. President Biden’s State of the Union address sounded similar notes to President Trump, with a big focus on “Made in America” and bringing manufacturing back to the U.S. One of the administration’s signature achievements on this front was the […]
Reshoring News
The economic and environmental case for greenshoring Credit: Adobe Katherine Bennett CBE, CEO | High Value Manufacturing Catapult @Westminstrwings 4 min read14 MarchPartner content Bringing our supply chain closer to home can provide an economic and environmental boost for the UK. The UK is the ninth biggest manufacturing economy in the world, accounting for £183bn […]
The new law includes $39 billion in manufacturing incentives to offset some of the higher costs, according to the White House. Another $13.2 billion was allocated for research and development and workforce development. The law provides a 25% investment tax credit for capital expenses for manufacturing of semiconductors and related equipment. Apple already designs products and […]
By Domestic production of solar panels – most of which are now made in Asia – can speed up decarbonization in the U.S. and reduce climate change faster, according to new Cornell Engineering research published March 8 by Nature Communications. “If we bring the solar panel manufacturing back to the U.S., it helps us realize […]
The United States has lately doubled down on trade embargos and legislation aimed at reshoring tech manufacturing from overseas. But as far back as 2013, an electronics manufacturing services (EMS) provider envisioned another way to reshore: a cloud-based manufacturing platform that delivers product designs directly to more than 100 Americas-based factories. MacroFab’s Misha Govshteyn “The […]
ShareTweetPostReddit Bob Gleichauf, EVP, Global Technology at In-Q-Tel, in a recently released position paper on the Chips and Science Act of 2022, explains why the legislation needs a “check engine light” to indicate problems and anticipate challenges, as well as maximize taxpayer return on their CHIPS investment. The passage of the CHIPS Act last summer […]
Of all the lessons learned during the pandemic — wash your hands thoroughly, avoid crowded lifts, working from home can be productive — perhaps the most consequential lesson for companies is now obvious in hindsight: relying on single links in the global supply chain was a mistake. Major components of the supply chain fractured during […]
In the summer of 1919, the U.S. military tasked a 28-year-old Army colonel to send the first convoy across the United States. Composed of trucks and tanks, the transcontinental convoy struggled on local roads, some of which consisted of little more than mud. Light and heavy motor trucks, touring cars, special “observation” cars, motorcycles, ambulances, […]
By Kenneth D. Simonson, Chief Economist, Associated General Contractors of America The construction industry in the United States appears to be at a turning point. What remains to be seen is whether the turn leads downward or in a series of diverse directions. The clearest sign of a downturn comes from the single-family housing market. […]
With the onset of supply chain disruptions during the pandemic, many Western countries launched a reshoring and nearshoring campaign. In the US particularly, reshoring rhetoric has emphasized accelerated investment in domestic manufacturing of semi-conductors, electric vehicles (EVs) and clean energy. Primarily, the reshoring drive has been driven with a focus on China as the strategic […]
