By: Julia Shumway – February 27, 2023 7:24 pm Hillsboro city leaders can picture a new semiconductor facility on the hundreds of acres of land now planted with grass seed on the northwestern outskirts of their city.On one side of an invisible line drawn by the Legislature nearly a decade ago, almost 460 acres are […]
Reshoring News
Reshoring declarations are amping up, as more companies look to return operations to the United States from overseas. Corporate reshoring announcements jumped 17% in the fourth quarter compared with the prior quarter and are now tracking nearly 300% higher than the fourth quarter of 2021, according to UBS. Supply chain security and government incentives are […]
United Grinding North America announces its sponsorship of the Reshoring Initiative, a nonprofit organization dedicated to bringing manufacturing jobs back to the United States. It accomplishes this by helping companies more accurately assess their total cost of manufacturing overseas and working to shift the collective thinking of management from “offshoring is cheaper” to “local reduces […]
Companies are making their supply chains more cost-efficient, resilient and sustainable in an increasingly uncertain world. In brief Over the last couple of decades, many supply chains have become linear global chains, stretched to their limit in pursuit of efficient, mass production with low-cost countries, just-in-time inventory and limited inherent resilience. These models were geared […]
Global trade and its reliance on supply chains is a complicated business to explain. And some of the language around trade can be equally hard to grasp. While words such as ‘onshoring’, ‘reshoring’ and ‘nearshoring’ have been in standard use for some time, in the past couple of years, a new term has emerged – […]
The rise in global geopolitical risk and the exposure of supply chain vulnerabilities uncovered by the COVID-19 pandemic has U.S. corporate America rethinking its approach to off-shore manufacturing. In this latest edition of LPL Street View, LPL Chief Investment Officer and Director of Research Marc Zabicki takes a brief look at the concepts of reshoring […]
I know all of my recession warnings can get a little tedious. So for a break from that, and a fresh and invigorating and more hopeful take on what’s going on right now in the economy, I turn the microphone over today to Choice Hotels CEO Pat Pacious. They’ve been seeing incredibly strong demand across […]
Imagine you’re the CEO of a U.S. company that manufactures dental products. You’ve been at the helm for 20 years… And over your tenure, you’ve managed to expand your business. You’ve secured new dental-practice customers taking advantage of your low prices while keeping costs minimal. The secret to your success? Your visionary push to go […]
Illustration: Tang Tengfei/GTIt is not surprising that Marco Rubio, an infamous anti-China senator, is spouting his trademark nonsense again. His latest target was CATL, China’s leading supplier of batteries for electric vehicles (EV). Rubio on Tuesday asked the Biden administration to review Ford Motor’s deal to use technology from CATL as part of the automaker’s […]
Manufacturers faced a variety of financial headwinds in 2022, ranging from elevated logistics costs to production disruptions as COVID-19 swept through China. As companies continue to plan their budgets for the year ahead, many are looking at how to control their supply chain costs. Resiliency is a common top priority as manufacturers aim to fortify […]
