Reshoring Article Library

 Rapid Robotics, creator of the first ready-to-work robotic machine operator, today announced $5.5M in seed funding from Greycroft and Bee Partners. With the first affordable robotics solution for executing simple machine operator tasks, Rapid is…

Potential Governmental Role in Accelerating Reshoring Some U.S. firms are already reshoring without any government support. A large-scale reshoring, however, may require the government to subsidize part of the capital expenditure (“capex”) of relocating, as…

For decades, labor cost differences have been a primary influence in the continuous shift of manufacturing production from the U.S. to China. In 1980, the cost of labor in the U.S. was more than 30…

The U.S. lost 3.4 million manufacturing jobs between 2000 and 2007, and a further 1.5 million between 2007 and 2016 — much of them to offshoring.   More recently, however, factors such as the Trump administration’s trade…

Harold James has been writing about globalization, and its oft-expected demise, for the better part of 40 years. The economic historian at Princeton University has examined the effects of financial crises old and new, from…

This year has presented manufacturing businesses with a major challenge of pivoting and adapting to the Covid-19 pandemic. During the summer of 2020, Citrin Cooperman surveyed over 200 manufacturing and distribution companies throughout the U.S.…

Reshoring is currently the ultimate trend. The Dutch brand Secrid, inventor of the Cardprotector, is an expert in that field. ‘We have had almost all the parts produced in the Netherlands right from the very start”,…

The United Nations Conference on Trade and Development (UNCTAD) has issued its Review of Maritime Transport 2020 report. Contained in the 146-page publication, UNCTAD is projecting the volume of international maritime trade will fall by…

Recently, SYSPRO did something few ERP vendors do: original research. Some of their pandemic-impact results aren't surprising but some (like in manufacturing) are definitely impactful. The company also announced a new cloud version of their solution,…

Tariffs and supply chain disruption from COVID-19 prompted many businesses to consider bringing their supply chains back to North America, which is good news for American manufacturers. U.S. companies rushed to offshore manufacturing activities to…

In recent years, geopolitical and economic trends have been encouraging pharmaceutical drug manufacturers to shift their active pharmaceutical ingredient (API) sourcing and physical manufacturing plants onto domestic soil or near-shore locations. This has been a…

Ever since the ongoing COVID-19 pandemic began to shut down factories and disrupt supply chain operations throughout North America and Europe beginning in March of this year, reshoring has been one of the hottest topics…

NILES, Ohio – Faults in the international supply weaknesses exposed by the coronavirus pandemic could lead reshoring by U.S. companies, a First National Bank economist said Thursday.   At the Youngstown/Warren Regional Chamber’s Economic Forecast Breakfast,…

Rosemary Coates, executive director of The Reshoring Institute, explains why the coronavirus pandemic might finally be the crisis that drives manufacturers to shift production from China back to the U.S. The progress of reshoring in recent…

Our work helping companies reshore manufacturing has increased significantly since the beginning of the trade wars, and now the pandemic. Reshoring is a hot topic in business, discussed in C-level staff meetings and Board meetings…

Our work helping companies reshore manufacturing has increased significantly since the beginning of the trade wars, and now the pandemic. Reshoring is a hot topic in business, discussed in C-level staff meetings and Board meetings…

Confessions of an Industry Millennial As young professionals in a new era of evolving technology and changing practices, millennials are facing challenges that their predecessors never encountered – from establishing a data security plan to…

Hey, everyone. It's Cardiff. This is THE INDICATOR FROM PLANET MONEY. Today is, of course, Election Day. And here on THE INDICATOR, we have already examined the big differences in the economic policy agendas of…

In 2015, I started my high-tech trucking panel company in a garage. I was still in graduate school, getting my MBA from Stanford University, and money was tight. We began making prototypes of our concept:…

The ISM’s indexes for new orders, production, backlog of orders, employment, supplier deliveries, inventories, prices, export and imports all rose compared to their September levels. The new orders index rose 7.7 points to 67.9%, the…