“With three to four million manufacturing jobs still offshore, as measured by our $500 billion per year trade deficit, there is potential for much more growth,” said Harry Moser, founder and president of the Reshoring Initiative. “We call on the …
According to The Reshoring Initiative (Kildeer, IL), the combined reshoring and foreign direct investment (FDI) trends grew by over ten percent in 2016, adding 77,000 jobs (tying the 2014 record) and exceeding the rate of offshoring by about 27,000 jobs.
Another important factor was the reshoring of production due to increasing wages in Asia and lower energy costs in the US. As a result, the growth of globalisation had slowed and volume growth was likely to be only equal to GDP growth in the future.
The Reshoring Initiative has released its 2016 Data Report and “for the first time in decades, more manufacturing jobs are returning to the United States than are going offshore. The combined reshoring and foreign direct investment (FDI) trends grew by …
The summit will go over technical skill gap, supply chain issues, talent management and reshoring challenges faced my manufacturing operations. “Smart glasses are a critical part of every advanced manufacturing solution stack, in combination with an …
“We publish this data annually to show companies that their peers are successfully reshoring and that they should reevaluate their sourcing and siting decisions,” said Harry Moser, founder and president of the Reshoring Initiative. “With 3 to 4 …
