According to research by A.T. Kearney, leading reasons why companies are bringing their manufacturing back to North America include: Shorter delivery time Total cost of ownership Higher quality Reduced freight costs Wage cost improvement Improved customer responsiveness Image/brand Higher productivity Better innovation/product differentiation Inventory management As pointed out in Part 1, a key factor in […]
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HSBC’s Made For Trade tour stops in Chicago. Panelists from Boeing, Hydro Inc and Skidmore Owings and Merrill discussed the skills gap, reshoring and public/private partnership in the region. Oh, and Mayor Rahm Emanuel showed up. Ensconced in the cool confines of Trump International Hotel and Tower’s 16th floor conference room, Finn Roberts, MetalMiner’s brand-new intern, […]
GLEN BURNIE, Md. – Across the country hundreds of companies are helping reverse a long trend of sending American manufacturing jobs overseas. They’re doing what’s known as reshoring, which is bringing production back home to the United States instead of chasing cheap labor and other incentives in developing nations. Bringing Jobs Home […]
GLEN BURNIE, Md. – Across the country hundreds of companies are helping reverse a long trend of sending American manufacturing jobs overseas. They’re doing what’s known as reshoring, which is bringing production back home to the United States instead of chasing cheap labor and other incentives in developing nations. Bringing Jobs Home […]
– June 4, 2014 – Supply Chain News: SCDigest, MIT Supply Chain Forum Again Partner on Study to Gauge Extent of US Reshoring Trend 2012 Study Showed Reasonably Strong Plans to Keep or Return Production Work to US – How Has Dynamic Changed Over the Past Two Years? […]
The media has been full of reports lately about a renaissance in U.S. manufacturing. The cheerleaders cite an array of heartening examples, including a $4 billion investment by Dow Chemical to boost its ethylene and propylene capacity on the U.S. Gulf Coast, an announcement by Flextronics of plans to create a $32 million product innovation […]
A couple of recent events have given me an opportunity to showcase a great American manufacturer. First, the events: 1. The 2014 Massachusetts Advance Manufacturing Summit, held April 29, 2014, at the DCU Center in Worcester, Massachusetts, featured keynote speaker Harry Moser, a national champion for reshoring manufacturing. Through his organization, The Reshoring Initiative, Moser has […]
A partnership to build components for Caterpillar will mean a division O’Neal Industries will hire 20 to 25 new employees. Bryan Davis Reporter- Birmingham Business Journal Email | Twitter O’Neal Manufacturing Services is expanding its business partnership with Caterpillar Inc. to provide a variety of fabricated parts and components for Caterpillar’s new Small Track Type […]
Frank Krejci, president and CEO of Strattec Security Corp. Denise Lockwood Reporter- Milwaukee Business Journal Email | Twitter Master Lock LLC, Caterpillar Inc., General Electric Co. and Whirlpool Corp. have all re-shored products back to the U.S., but more manufacturers are starting to lay the groundwork to come back home, according a presentation by Deloitte […]
Boston, Massachusetts – Commemorating the 45th anniversary, ResTech Plastic Molding LLC (RPM) is looking back at what helped it sustain American manufacturing growth during the last forty-five years. “For decades, ResTech Plastic Molding has been driven by a desire to continuously improve quality and service, rather than the offshoring model, outsourcing services and […]
