A recent survey from Entrada Group titled “Where in the World?” posits a rather interesting conclusion: the U.S. is now considered the prime location for low-cost manufacturing, with Mexico a close second, and China — once the mecca of cheaply-produced goods — falling behind. It’s a far cry from the trends over the last few […]
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In a call to action for US companies made this time last year, Bill Simon, president of Walmart, promised to bring manufacturing back to the United States. He pledged that within 10 years, $50 billion in goods would be “reshored”, creating thousands of jobs, lifting the economy, and giving a boost to national pride. When […]
Talk of a manufacturing recovery is gathering pace, with many economists even predicting the first signs of a renaissance taking hold. Sales have been rising steadily for 15 months, confidence appears to be recovering to pre-recession levels, and all the data being released suggests that the fortunes of small- to medium-sized manufacturers in England are […]
Much of offshoring occurred due to corporate failure to do the math, to consider all of the associated costs, strategic impacts and risks. The Reshoring Initiative’s free online Total Cost of Ownership Estimator™ is available to help companies do the math. — Harry Moser, founder of The Reshoring Initiative Over the last two decades or […]
Email Share Comment Save Viewpoint Steven Barr, Head of the Manufacturing Advisory Service (MAS), explains why reshoring is an opportunity manufacturers – both small and large – should seize with both hands. […]
Latin America may gain prominence as a destination for offshored US manufacturing jobs in coming years, according to research by BDO, a firm that provides US companies with assurance, tax, financial advisory and consulting services. BDO’s 2014 Technology Outlook Survey, which polled 100 CFOs of trendsetting US technology companies, suggested that 57% of the […]
Three manufacturing-association presidents, NTMA, NTMA, and AMT, discuss ways to ensure the manufacturing sector’s long-term growth. More than 700 manufacturing leaders will descend on Phoenix this week for the MFG Meeting (Manufacturing for Growth), an annual gathering of manufacturing leaders from across the country, […]
The Great Disconnect: Americans Want Washington To Deal With Manufacturing, But Washington Is Not Responding By Richard A. McCormack editor@manufacturingnews.com There is a wide disconnect between the American public and policymakers in Washington, D.C., on the importance of manufacturing to the U.S. economy and the need for action to restore American industrial competitiveness. Americans fully […]
HARRISBURG, Pa., Feb. 4, 2014 /PRNewswire-USNewswire/ — Governor Tom Corbett’s 2014-15 budget proposal contains strategic investments in JOBS1st PA to create family-sustaining jobs for Pennsylvanians; calling for investments to bring jobs back to Pennsylvania and aligning education and workforce development with current […]
Cameron backs “reshoring” and hails recovery “The British prime minister will on Friday throw his weight behind a drive to capitalise on the small but growing trend of “reshoring”, the return of production to the UKfrom overseas. David Cameron, speaking at the World Economic Forum in Davos, will announce the creation of a government advisory […]
