The term “manufacturing supercycle” was recently introduced by Joseph Quinlan, an economist at Merrill and Bank of America. It appears that a significant amount of investment in the private sector is complementing the major investment now being made by the…
As early as 1970 Mexico saw the writing on the wall. More and more US manufacturing centers in Mexico were being closed and moved to China. The Mexican government decided to become less dependent on foreign-owned manufacturing and build “Mexican…
Over the past three decades, China has established itself as one of the largest players in the world on both economic and political levels. The dramatic rise of China’s power in terms of economics can be attributed to when China…
Nogales, Arizona is a well-known city on the US-Mexican border. Nogales, Arizona has a sister city Nogales, Sonora right across the border on the Mexico side. The sister cities have a unique history as they greatly resemble one another. They…
For most countries, the aspiration is for the generation and accumulation of wealth for their citizens and governments. Until the beginning of the 20th century, many countries believed that the best way to achieve the creation of wealth was by…
Every day thousands of people traverse the United States-Mexico border for work, to visit family, or to pursue a new life outside of their home country. These people are what the average person thinks of first when the topic of…
Of the many things 2020 taught us, one key takeaway was understanding the global supply chain's volatility. In the blink of an eye, offshoring manufacturing halted worldwide, forcing companies to find alternative ways to meet demand and advancing the reshoring…
I’ve learned a great deal about the US economy during my time as an intern at the Reshoring Institute. The industry that I’ve learned the most about is manufacturing. In particular, I’ve learned how important women are to the manufacturing…
Over the past few weeks, I have been fortunate enough to work with many small businesses in and around the Fort Worth, Texas community. I’ve spoken with many small business owners and have seen the toll the pandemic has taken…
China was once considered the world’s international manufacturing location but even before the pandemic hit, making us all experience trying times, American companies were starting to rethink their global supply chain strategies, and countries like Vietnam and Indonesia were already…
IN a time of social and political polarization, spurred by both a health and social pandemic, Brand Activism will be essential for the success of any company thinking about Reshoring during 2020 and forward. Brand Activism is a strategic marketing practice…
IN his book, The Enigma of Capital, David Harvey recites former Secretary of Treasury Andrew Mellon and says, “In a crisis, assets return to their rightful owners.” Harvey was using this quote to discuss the political structure that birthed the…
In the wake of the coronavirus pandemic, many iconic retail brands, such as JCPenney, Neiman Marcus, J. Crew, and Pier 1, have been forced to file for bankruptcy. Many of these prominent retailers have faced dubious financial positions for years…
Where do you shop for gifts? Do you fight the crowds and traffic? Do you order everything off of Amazon or Walmart.com (both great resources for USA made products)? Are you the person that gives everyone gift cards? There is…
The phrase “Pay no attention to that man behind the curtain!” rings throughout the chamber as Toto pulls back the Wizard’s disguise. Many of us know the story of The Wizard of Oz; a young girl, thrust into a world…
In early 1776, Thomas Paine’s ink quill would scrawl the following idea across a thin piece of parchment: “A long habit of not thinking a thing wrong, gives it a superficial appearance of being right, and raises at first a…
Tranche 4 shakes up apparel and footwear supply chains after escaping earlier tariffs This story was first published in the weekly newsletter, Supply Chain Dive: Procurement. Sign up here. Dive Insight: Although China is currently the country’s largest supplier of…
Each year a University of Kentucky MBA student has the opportunity to work with local companies through Project Connect. Along with the Reshoring Institute, I also have the privilege of working with GreenHouse17, a local nonprofit whose mission is to…
Is it just me or does it seem like the holidays get earlier every year? Hanukkah is early this year starting on December 2, 2018, and Christmas decorations were already in the stores before Halloween. Friends are posting pictures of…
Reshoring Injection Molded Plastic Parts, Products, and Components… Guest Blog by Joe Croft – Sare Plastics – Alliance, Ohio There are many compelling arguments for reshoring of manufactured goods, not the least of which is the current state of affairs…