PUBLICATIONS
Reshoring Institute Vermont State Economic Survey and Incentive Comparison
Abstract: State of Vermont economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that the Vermont Employment Growth Incentive (VEGI) program can provide a cash payment, based on the revenue return generated to the State by prospective qualifying job and payroll creation and capital investments, to businesses that have been authorized to earn the incentive and who then meet performance requirements. The VEGI program provides incentives from the State of Vermont to businesses to encourage prospective economic activity in Vermont that is beyond an applicant’s “organic” or background growth and that would not occur, would not occur in Vermont, or would occur in a significantly different and less desirable manner, except for the incentive provided.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Vermont Reshoring
Author: Tim Tierney
Full-Text PDF: Reshoring Institute Vermont State Economic Survey and Incentive Comparison
Reshoring Institute Nevada State Economic Survey and Incentive Comparison
Abstract: State of Nevada economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that collectively, the cities of Las Vegas, Reno, Sparks, Carson City and surrounding towns are less than one day’s drive over arterial Interstate highways to nearly 60 million consumers as well as to the major U.S. deep water seaports serving the Pacific Rim. Major Union Pacific and Southern Pacific rail connections in Las Vegas and Reno, too, play an essential role in carrying the world’s freight from the Pacific Coast to America’s Heartland and beyond. In the north, Reno Tahoe International Airport consistently earns recognition as one of the most efficient and friendly airports, serving more than 3.8 million passengers and receiving more than 114 million pounds of cargo annually. The airport serves more than a dozen cities with nonstop flights, and more than 35 cities with a single stop.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Nevada Reshoring
Author: Grace Chou
Full-Text PDF: Reshoring Institute Nevada State Economic Survey and Incentive Comparison
Reshoring Institute North Dakota State Economic Survey and Incentive Comparison
Abstract: State of North Dakota economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that North Dakota offers the following state grants: Agricultural Products Utilization Commission (APUC), Lignite Research Development and Marketing Program, North Dakota’s Renewable Energy Program (REP).
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, North Dakota Reshoring
Author: John F Schneider
Full-Text PDF: Reshoring Institute North Dakota State Economic Survey and Incentive Comparison
Reshoring Institute Alabama State Economic Survey and Incentive Comparison
Abstract: State of Alabama economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that Alabama offers a New Markets Tax Credit against state income, financial institution excise, and insurance premium tax is available to investors in community development entities which provide funding to businesses that located in qualified low-income or impoverished communities, especially central business districts, in Alabama. This credit parallels the provisions of the federal New Markets Tax Credit (I.R.C. § 45D) in many ways. The total amount of tax credits the Department of Commerce can grant to all applicants for any given tax year is capped at $20 million and the maximum qualifying credit for a particular project is $10 million.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Alabama Reshoring
Author: Economic Development Partnership of Alabama
Full-Text PDF: Reshoring Institute Alabama State Economic Survey and Incentive Comparison
Reshoring Institute Alaska State Economic Survey and Incentive Comparison
Abstract: State of Alaska economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that total small business innovation research for Alaska is over fourteen million dollars.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Alaska Reshoring
Author: Alyssa Rodrigues
Full-Text PDF: Reshoring Institute Alaska State Economic Survey and Incentive Comparison
Reshoring Institute Arkansas State Economic Survey and Incentive Comparison
Abstract: State of Arkansas economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that the State of Arkansas administers incentive programs such as the Equity Investment Tax Credit program which provides up to $6.25 million annually in tax credits to investors in small, technology-based startup companies. Additionally, the Seed Capital Investment Program (SCIP), Administered by the Arkansas Economic Development Commission, can provide working capital to help support the initial capitalization or expansion of technology-based companies located in Arkansas.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Arkansas Reshoring
Author: Kurt Naumann
Full-Text PDF: Reshoring Institute Arkansas State Economic Survey and Incentive Comparison
Reshoring Institute Colorado State Economic Survey and Incentive Comparison
Abstract: State of Colorado economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that Colorado has an initiative known as the Colorado Enterprise Zone (EZ) Program which was created by the Colorado Legislature to promote a business friendly environment in economically distressed areas by offering state income tax credits that incentivize businesses to locate and develop and non-profit organizations to assist with the needs of these communities.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Colorado Reshoring
Author: Laura Blomquist
Full-Text PDF: Reshoring Institute Colorado State Economic Survey and Incentive Comparison
Reshoring Institute Maryland State Economic Survey and Incentive Comparison
Abstract: State of Maryland economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that The Maryland Venture Fund invests in Maryland-based, highly innovative technology companies across the full range of industry sectors, including software, communications, cybersecurity, and life sciences companies in the areas of healthcare information technology (IT), medical devices, and diagnostics. The fund has total assets of approximately $100 million. Approximately $80 million is currently invested and $15 million is available for new investments. Additionally, approximately $45 million is in a designated evergreen fund, whose returns will be available for future new and follow on investments. The MVF has invested in over 150 companies that have created or retained more than 5,000 jobs.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Maryland Reshoring
Author: Gary Ventry
Full-Text PDF: Reshoring Institute Maryland State Economic Survey and Incentive Comparison
Reshoring Institute Missouri State Economic Survey and Incentive Comparison
Abstract: State of Missouri economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that Missouri is the global leader in agtech and gateway to the future of advanced farming. Missouri’s agtech industry is leading the way with innovative technology and research that is transforming agriculture. Missouri is home to dynamic animal health and plant science clusters. Statewide, pet food companies with their North American headquarters in Missouri generate almost $30 billion in revenue each year, and more than half of the world’s animal health industry is represented in the Kansas City region.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Missouri Reshoring
Author: Missouri Partnership
Full-Text PDF: Reshoring Institute Missouri State Economic Survey and Incentive Comparison
Reshoring Institute Nebraska State Economic Survey and Incentive Comparison
Abstract: State of Nebraska economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that Nebraska offers state tax exemptions for manufacturing machinery and equipment and energy used in manufacturing.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Nebraska Reshoring
Author: Jason Guernsey
Full-Text PDF: Reshoring Institute Nebraska State Economic Survey and Incentive Comparison
Reshoring Institute New Mexico State Economic Survey and Incentive Comparison
Abstract: State of New Mexico economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that New Mexico offers a high wage jobs tax credit. A taxpayer who is an eligible employer may apply for and receive a tax credit for each new high-wage economic-base job. The credit amount equals 10% of the wages and benefits paid for each new economic-base job created.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, New Mexico Reshoring
Author: Ryan Eustice
Full-Text PDF: Reshoring Institute New Mexico State Economic Survey and Incentive Comparison
Reshoring Institute New York State Economic Survey and Incentive Comparison
Abstract: State of New York economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that New York City is considered by many to be the capital of the world, and it’s the location of choice for businesses in nearly every industry. The city is headquarters to dozens of Fortune 500 companies and the global center for financial services, life sciences, entertainment, media, fashion, the arts and industry. Yet New York City never stops growing and evolving. Today, the largest city in the U.S. is also the innovation leader.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, New York Reshoring
Author: Erin Casullo
Full-Text PDF: Reshoring Institute New York State Economic Survey and Incentive Comparison
Reshoring Institute North Carolina State Economic Survey and Incentive Comparison
Abstract: State of North Carolina economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable initiative for potential reshoring firms is the One North Carolina Fund Program. The One North Carolina Fund (OneNC) is a discretionary cash-grant program that allows the Governor to respond quickly to competitive job-creation projects. The North Carolina Department of Commerce administers OneNC on behalf of the Governor. Awards are based on the number of jobs created, level of investment, location of the project, economic impact of the project and the importance of the project to the state and region.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, North Carolina Reshoring
Author: Jamie McCall
Full-Text PDF: Reshoring Institute North Carolina State Economic Survey and Incentive Comparison
Reshoring Institute South Carolina State Economic Survey and Incentive Comparison
Abstract: State of South Carolina economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable initiative for potential reshoring firms is the readySC program. The readySC™ program provides qualifying companies relocating to or expanding in South Carolina with well trained and highly motivated employees through a comprehensive and customized process that includes recruiting, screening, and training for companies creating new jobs with competitive wages and benefits for the state. If a company chooses to utilize readySC™, the program will be driven exclusively by the company’s needs, time frames, and desired level of partnership. readySC™ services are provided through state funding usually at little to no cost to companies producing new full-time, permanent jobs to the state.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, South Carolina Reshoring
Author: Ben Johnson
Full-Text PDF: Reshoring Institute South Carolina State Economic Survey and Incentive Comparison
Reshoring Institute Virginia State Economic Survey and Incentive Comparison
Abstract: State of Virginia economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that The Virginia Economic Development Partnership’s (VEDP) Division of International Trade helps Virginia companies sell their manufactured goods and services to markets around the world. Recipient of the nation’s highest award in export promotion with the President’s E-Star Award, the International Trade Division annually serves 300+ Virginia companies. It maintains offices across the state and offers a global network of on-call consultants in over 75 countries. Through the Virginia Leaders in Export Trade (VALET) program and its Global Network, VEDP works with all types of companies to increase their international sales into new markets.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Virginia Reshoring
Author: Lindsay Hurt, Robert McClintock
Full-Text PDF: Reshoring Institute Virginia State Economic Survey and Incentive Comparison
Reshoring Institute Washington State Economic Survey and Incentive Comparison
Abstract: State of Washington economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that via the “Made in Washington” program, Impact Washington offers a free service to the community that certifies, promotes, and connects Washington State manufacturers. The “Made in Washington” logo badge is exclusive to approved in-state manufacturers. After certification, manufacturers are free to display the badge on their website and product packaging.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Washington Reshoring
Author: Allison Clark
Full-Text PDF: Reshoring Institute Washington State Economic Survey and Incentive Comparison
Reshoring Institute Louisiana State Economic Survey and Incentive Comparison
Abstract: State of Louisiana economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that in response to the specific needs of Louisiana industries, LED FastStart® created a certification program called C4M (Certification for Manufacturing). Offered at high schools and technical colleges throughout the state, C4M teaches students entry-level manufacturing skills that Louisiana industries have identified as essential to their operations. Examples of topics covered in the C4M curriculum include general safety, team skills, precision measurement, instrumentation, robotics, and fabrication.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Louisiana Reshoring
Author: Alex Levy and Louisiana Economic Development Team
Full-Text PDF: Reshoring Institute Louisiana State Economic Survey and Incentive Comparison
Reshoring Institute Connecticut State Economic Survey and Incentive Comparison
Abstract: State of Connecticut economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that Governor Malloy’s First Five jobs initiative allows for substantial financial assistance for large-scale business projects to encourage business expansion, relocation and job creation. The assistance under this program may include up to 100% funding under the Manufacturing Assistance Act (MAA) and additional business tax credits.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Connecticut Reshoring
Author: Tommy Hyde
Full-Text PDF: Reshoring Institute Connecticut State Economic Survey and Incentive Comparison
Reshoring Institute Georgia State Economic Survey and Incentive Comparison
Abstract: State of Georgia economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. Consistently ranked No. 1 in the U.S. for workforce training by Area Development, Georgia Quick Start is the premier partner for developing and delivering a strategic workforce. Quick Start may conduct a customized training program for Georgia companies, providing comprehensive workforce solutions for qualified new and expanding companies in Georgia. Services are provided free of charge as a discretionary incentive for job creation for clients opening or expanding manufacturing operations, distribution centers, headquarters operations and customer contact centers in a broad range of industries.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Georgia Reshoring
Author: Scott McMurray
Full-Text PDF: Reshoring Institute Georgia State Economic Survey and Incentive Comparison
Reshoring Institute Minnesota State Economic Survey and Incentive Comparison
Abstract: State of Minnesota economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that Minnesota is home to 97 airports listed in the Federal Aviation Administration’s (FAA) National Plan of Integrated Airport Systems (NPIAS). Of these, seven are primary airports with another seven serving as relievers, all located near Minneapolis-St. Paul International Airport. Minnesota has access to both the Great Lakes and Mississippi River systems. The state has eight ports: four along the Mississippi River System and four on Lake Superior. Commodities shipped via waterways are usually lower value, bulk materials
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Minnesota Reshoring
Author: Jeff Rossate
Full-Text PDF: Reshoring Institute Minnesota State Economic Survey and Incentive Comparison
Reshoring Institute Wisconsin State Economic Survey and Incentive Comparison
Abstract: State of Wisconsin economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that the state of Wisconsin offers refundable tax credits. Tax credits are determined based on new jobs brought to the state and the capital expenditures of the project. The Business Development Tax Credit has roughly $18,000,000 for 2016 and $22,000,000 available in 2017. The state also has Enterprise Zones. Enterprise Zone project receive refundable tax credits. The amount of tax credits for an Enterprise Zone project I determined by new jobs, capital expenditures, workforce training, and supply chain utilization. The state has 10 available Enterprise Zone designations in 2016; 2 of which are allocated for low population communities (<5,000 population).
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Wisconsin Reshoring
Author: Kristie Pulvermacher
Full-Text PDF: Reshoring Institute Wisconsin State Economic Survey and Incentive Comparison
Reshoring Institute Utah State Economic Survey and Incentive Comparison
Abstract: State of Utah economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that in addition to an active manufacturing base, Utah is home to the Utah Manufacturers Association, the state’s oldest industry association. Since 1905, the UMA has been vigilant in protecting the interests of the manufacturing industry – from workforce, safety, employee development, public policy both locally and nationally, business development, and community outreach initiatives.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Utah Reshoring
Author: Michael O’Malley
Full-Text PDF: Reshoring Institute Utah State Economic Survey and Incentive Comparison
Reshoring Institute Wyoming State Economic Survey and Incentive Comparison
Abstract: State of Wyoming economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that Wyoming has a number of state marketing and promotional initiatives. The Film Industry Financial Incentives program provides incentive to feature Wyoming and its industries in film. The Trade Show Incentive Grant provides money for businesses to attend industry trade shows. Various agriculture and Made in Wyoming grants are available to pay for product display at shows and value-added commodities sales.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Wyoming Reshoring
Author: Wendy Lopez
Full-Text PDF: Reshoring Institute Wyoming State Economic Survey and Incentive Comparison
Reshoring Institute Idaho State Economic Survey and Incentive Comparison
Abstract: State of Idaho economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that Idaho offers competitive firms reimbursement for training their workforce. Additionally, the Idaho Department of Commerce promotes businesses on an international level through the STEP Grant program to increase the value of exports.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Idaho Reshoring
Author: Susan Davidson
Full-Text PDF: Reshoring Institute Idaho State Economic Survey and Incentive Comparison
Reshoring Institute South Dakota State Economic Survey and Incentive Comparison
Abstract: State of South Dakota economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that the South Dakota Certified Sites Program offers expanding businesses prequalified sites that are ready for development. A South Dakota Certified Site mitigates the risks associated with development by providing detailed information about the site including price and availability, utilities, access, and environmental assessments. The program is available to all economic development organizations, counties, cities, townships, planning districts, business improvement districts and developers, and is operated under the supervision of the Governor’s Office of Economic Development (GOED).
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, South Dakota Reshoring
Author: South Dakota Governor’s Office of Economic Development
Full-Text PDF: Reshoring Institute South Dakota State Economic Survey and Incentive Comparison
Reshoring Institute West Virginia State Economic Survey and Incentive Comparison
Abstract: State of West Virginia economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firm is that there are plentiful state tax credits available for manufacturers. The Corporate Headquarters Credit is available to companies that relocate their corporate headquarters to West Virginia and create at least 15 new West Virginia jobs. The High-Tech Manufacturing Credit is available to West Virginia manufacturers in high-tech related industries. The Manufacturing Investment Credit is allowed against up to 60 percent of corporate net income tax and business franchise tax based on qualified investment in eligible manufacturing property, with no new job creation required.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, West Virginia Reshoring
Author: Michael Graney
Full-Text PDF: Reshoring Institute West Virginia State Economic Survey and Incentive Comparison
Reshoring Institute California State Economic Survey and Incentive Comparison
Abstract: State of California economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that manufacturing accounts for 23% of the state’s economic output and California leadership understands that a skilled workforce is a key factor to sustaining the State’s economic health. The development of solid relationships between business leaders and California’s educational institutions is of prime importance and collaboration and communication is crucial when creating innovative, affordable, and relevant industry-specific education.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, California Reshoring
Author: Jason Triano
Full-Text PDF: Reshoring Institute California State Economic Survey and Incentive Comparison
Reshoring Institute Maryland State Economic Survey and Incentive Comparison
Abstract: State of Maryland economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that the Maryland Venture Fund invests in Maryland-based, highly innovative technology companies across the full range of industry sectors, including software, communications, cybersecurity, and life sciences companies in the areas of healthcare information technology (IT), medical devices, and diagnostics. The fund has total assets of approximately $100 million. Approximately $80 million is currently invested and $15 million is available for new investments.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Maryland Reshoring
Author: Gary Ventry
Full-Text PDF: Reshoring Institute Maryland State Economic Survey and Incentive Comparison
Reshoring Institute Case Study: All American Open Machine Time
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of All American Open Machine Time, identifying the firm’s reshoring experience which resulted in shortened lead times, Improved quality control, rapid engineering changes, fast prototyping, IP protection, and competitive pricing of idle machine time.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, All American Open Machine Time
Author: Andrew Gruszka
Full-Text PDF: Reshoring Institute Case Study: All American Open Machine Time
Reshoring & Sustainability – Beyond the Horizon
Abstract: In recent years, climate change has become one of society’s largest and most holistic challenges, pushing us to seek out creative and interdisciplinary solutions which might allow us to better preserve our environment and the economy. The reshoring of manufacturing is a tangible method for accomplishing sustainability. It encourages firms to consider the long-term implications within their industry through consistent environmental stewardship. By keeping manufacturing onshore we can better understand how to shift away from inefficiencies and environmental degradation. Though a seemingly simple concept, reshoring offers a chance for businesses to move towards a viable balance of environmental sustainability and economic reward.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, sustainable supply chains, environmental compliance, sustainability, green manufacturing
Author: Zachary Sudnick
Full-Text PDF: Reshoring & Sustainability – Beyond the Horizon
Reshoring Institute Mississippi State Economic Survey and Incentive Comparison
Abstract: State of Mississippi economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that Mississippi offers a stable and supportive business climate that enables manufacturers to prosper over the long term. State officials take a flexible approach to economic development that allows them to customize incentives to meet each company’s specific needs.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Mississippi Reshoring
Author: Savannah Tirey
Full-Text PDF: Reshoring Institute Mississippi State Economic Survey and Incentive Comparison
Reshoring Institute Iowa State Economic Survey and Incentive Comparison
Abstract: State of Iowa economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. Iowa holds a GDP of over $174 million with a GPD growth of 4%.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Iowa Reshoring
Author: Kanan Kappelman
Full-Text PDF: Reshoring Institute Iowa State Economic Survey and Incentive Comparison
Reshoring Institute Ohio State Economic Survey and Incentive Comparison
Abstract: State of Ohio economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that Ohio’s nine most prominent industries are advanced manufacturing, aerospace and aviation, energy and chemicals, financial services, food and agribusiness, automotive, healthcare, information technology, and logistics and distribution.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Ohio Reshoring
Author: Alina Harastasanu, Justin Kocher, Brendan Murray
Full-Text PDF: Reshoring Institute Ohio State Economic Survey and Incentive Comparison
Reshoring Institute Oklahoma State Economic Survey and Incentive Comparison
Abstract: State of Oklahoma economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that Oklahoma is one of 14 states plus the District of Columbia that performs between $1-$5 billion per year in R&D. For more than 100 years, Oklahoma’s system of career and technology education has focused on improving Oklahoma’s economy by offering individuals the training and skills necessary to be successful in the workplace and providing companies with the required workforce necessary to compete globally.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Oklahoma Reshoring
Author: Jennifer Springer
Full-Text PDF: Reshoring Institute Oklahoma State Economic Survey and Incentive Comparison
Reshoring Institute New Jersey State Economic Survey and Incentive Comparison
Abstract: State of New Jersey economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that New Jersey is home to more than 300 biotechnology companies and 20 pharmaceutical and medical technology firms; 17 out of the world’s top 20 have major facilities in the state. Since 2001, the total number of trained pharmaceutical, biotech and medical technology workers in the state has more than tripled since 2001.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, New Jersey Reshoring
Author: Peter Coats
Full-Text PDF: Reshoring Institute New Jersey State Economic Survey and Incentive Comparison
Reshoring Institute Kansas State Economic Survey and Incentive Comparison
Abstract: State of Kansas economic profile highlighting the state’s manufacturing regions, incentives offered to manufacturers, tax profiles and other important metrics in evaluating a place to reshore or expand manufacturing. This profile acts as a valuable resource for firms who may be looking to reshore their operations within the state borders. Other relevant information includes education and workforce statistics, cost of doing business, fiscal strength ratings, and existing entrepreneurship and Foreign Direct Investment. One notable fact for potential reshoring firms is that South Central Kansas was recently designated by the U.S. Department of Commerce as one of 12 manufacturing regions in the country, in large part because of the many aerospace manufacturers in Wichita. Kansas City also boasts a rapidly growing bioscience industry cluster.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Kansas Reshoring
Author: Randi Tveitaraas Jack
Full-Text PDF: Reshoring Institute Kansas State Economic Survey and Incentive Comparison
Reshoring Institute Case Study: Todd Shelton’s Decision to Bring Manufacturing Home
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of Todd Shelton, outlining the clothing company’s reshoring process.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Todd Shelton
Author: Eric Pardee
Full-Text PDF: Reshoring Institute Case Study: Todd Shelton’s Decision to Bring Manufacturing Home
Reshoring Institute Case Study: Starbucks’ New Manufacturing in the USA
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of Starbucks, outlining the company’s decision to reshore and produce various coffee-focused products in the US.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Starbucks
Author: Zachary Hines
Full-Text PDF: Reshoring Institute Case Study: Starbucks’ New Manufacturing in the USA
Reshoring Institute Case Study: Rethink Robotics
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of Rethink Robotics, outlining the company’s production of automation technology which enables other firms to reshore.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Rethink Robotics
Author: Nick Privitelli
Full-Text PDF: Reshoring Institute Case Study: Rethink Robotics
Reshoring Institute Case Study: Inertia Racing Technology – Using 3D Printing for the Win!
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of Inertia Racing Technology, outlining the company’s utilization of 3D printing and US supplier initiatives to reshore production for their bike wheels.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Inertia Racing Technology
Author: Po-Yueh Lin
Full-Text PDF: Reshoring Institute Case Study: Inertia Racing Technology – Using 3D Printing for the Win!
Reshoring Institute Case Study: General Electric’s New Reshoring Efforts
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of General Electric, outlining the company’s experience with reshoring their production to Louisville, Kentucky.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, General Electric
Author: Zachary Hines
Full-Text PDF: Reshoring Institute Case Study: General Electric’s New Reshoring Efforts
Reshoring Institute Case Study: Vikki Vi – Made in America
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of Vikki Vi, outlining the company’s experience with the plus-size market, a “Made in America” strategy and production & merchandising.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Vikki Vi
Author: Claudia Munoz
Full-Text PDF: Reshoring Institute Case Study: Vikki Vi – Made in America
Reshoring Institute Case Study: Mel Gambert Custom Shirtmaker
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of Mel Gambert, outlining the custom shirt maker’s experience with quality, distribution, and employee relations.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Mel Gambert Custom Shirtmaker
Author: Nabaparna Ghosh
Full-Text PDF: Reshoring Institute Case Study: Mel Gambert Custom Shirtmaker
Reshoring Institute Case Study: RK Logistics Group – Silicon Valley Foreign Trade Zones
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of RK Logistics Group, a company utilizing Foreign Trade Zone operations to play a key role in supporting the reshoring movement.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, RK Logistics Group
Author: Erin Horiuchi
Full-Text PDF: Reshoring Institute Case Study: RK Logistics Group – Silicon Valley Foreign Trade Zones
Reshoring Institute Case Study: Evolve Manufacturing Technologies
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of Evolve Manufacturing Technologies, a contract manufacturer playing a key role within the reshoring movement.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Evolve Manufacturing Technologies
Author: Erin Horiuchi
Full-Text PDF: Reshoring Institute Case Study: Evolve Manufacturing Technologies
Reshoring Institute Case Study: Big Ass Fans
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of Big Ass Fans and the company’s experience with supplier relationships and quality dedication.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Big Ass Fans
Author: Jasmine Afshar, Christina Jonsson
Full-Text PDF: Reshoring Institute Case Study: Big Ass Fans
Reshoring Institute Case Study: Maxim Integrated Accelerating the Path to Industry 4.0
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of Maxim Integrated, outlining their experience with Industry 4.0 and smart factories.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Maxim Integrated, Industry 4.0, smart factories
Author: Rosemary Coates, Jeff DeAngelis
Full-Text PDF: Reshoring Institute Case Study: Maxim Integrated Accelerating the Path to Industry 4.0
Reshoring Institute Case Study: Crayola
Abstract: The cost of labor was once the key determining factor for firms in their global supply chain decisions. However, organizations are becoming increasingly aware of the varying costs and benefits associated with the location of their manufacturing operations. This awareness has given rise to a process known as reshoring, or bringing operations back to the country in which the parent firm resides. Within the United States, several major firms have decided to take the strategic step of reshoring. This case study highlights the success story of Crayola, outlining the decision factors and thought process behind their American manufacturing.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Crayola
Author: Andrew Gruszka
Full-Text PDF: Reshoring Institute Case Study: Crayola
What Happens When You Decide To Leave China?
Abstract: Reshoring has gained traction in recent years, making it a popular topic for discussion within supply chain and manufacturing circles. There is an increasingly large amount of literature available that highlights the benefits and potential competitive advantages of reshoring. However, for executives to make an informed strategic decision, it is just as important to consider the costs of such a move. Employees, Tools and Molds, Manufacturing & Intellectual Property, and Taxes are all factors that need to be integrated into the overarching cost-benefit analysis. This white paper provides a roadmap to each of these categories and highlights key insights that are imperative for strategic decision making.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now
Author: Rosemary Coates
Full-Text PDF: What Happens When You Decide To Leave China?
St. Louis – Gateway to Reshoring
Abstract: The iconic Gateway Arch stands 630 feet tall over the city of St. Louis, representing the American westward expansion. St. Louis has been known for growth and prosperity since it was a flourishing trade post for fur in the 1760s. Now St. Louis is fast becoming America’s city for manufacturing and reshoring. The geographic location, the people, and its competitive business setting make St. Louis an ideal manufacturing environment. This white paper highlights the key commercial dimensions of St. Louis that make it an excellent location for US firms to reshore their manufacturing to.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, St. Louis Reshoring
Author: Kalli Imig
Full-Text PDF: St. Louis – Gateway to Reshoring
Reshoring Manufacturing in the Time of Trump – The Potential Disaster in Ethnocentrism and Trade Barriers
Abstract: Automation and modernization of manufacturing processes have fundamentally changed the jobs which are needed in today’s US factories. While Donald Trump has campaigned, and won the presidential election, with the idea that bringing manufacturing back to the United States will bring with it countless new jobs, the reality is quite different. Technology and automation in the workplace may increase efficiency, but it generally decreases the amount of jobs needed. This truth has not been considered within many of Trump’s core policy initiatives. This article takes an in-depth glance at these initiatives and offers a corresponding prediction for the future of manufacturing-related policy.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Donald Trump, manufacturing policy
Author: Rosemary Coates
Full-Text PDF: Reshoring Manufacturing in the Time of Trump – The Potential Disaster in Ethnocentrism and Trade Barriers
Ride the Wave of Reshoring
Abstract: As the manufacturing industry begins weaken in China, a once dominant manufacturing powerhouse, firms are pressed to reconsider the location layout of their operations. While some firms may look to other countries with low labor costs such as Vietnam and Indonesia, others may have reason to reshore back to the United States. In determining whether this is true, there are 5 key factors which decision makers can take into account during the restructuring of their manufacturing. Qualities that can indicate a need for reshoring include cost increases, innovation, market access and localization, skills, and political environment & public sentiment. This article provides key insights into the ways that each of these factors place pressure on firms to shift the format of their supply chains.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, executive decision making
Author: Rosemary Coates and Don Page
Full-Text PDF: Ride the Wave of Reshoring
The Fourth Industrial Revolution
Abstract: The Fourth Industrial Revolution, big data in manufacturing and the Internet of Things (IoT) are happening now. From innovations in additive manufacturing to horizontal and vertical system integration, Industry 4.0 is transforming the world around us and assisting us in reshoring manufacturing. With cyber physical systems at the forefront of business operation, firms like Big Ass Fans and Dell EMC are differentiating themselves from competitors. IOT and big data are making it easier for firms like these to reshore their manufacturing processes and take advantage of trends like “Made in America”.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, IOT, Internet of Things, Industrial Revolution, big data
Author: Chenell Braddock
Full-Text PDF: The Fourth Industrial Revolution
How Changing Industry Trends Can Rebuild the U.S. Apparel Industry
Abstract: Current supply chain trends are driving reshoring practices throughout the apparel manufacturing industry. This document provides a comprehensive analysis of industry trends, both historically and more recently. The historical trends provide context for the significance of what is occurring today. The charts and graphs illustrating current trends provide insights, both strategic and quantitative, into the costs and benefits of reshoring. Utilizing clothing brand Zara as an example, these concepts are shown in relation to a real-world business case.
Keywords: Reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Zara, apparel manufacturing, apparel reshoring
Author: Eric Pardee
Full-Text PDF: How Changing Industry Trends Can Rebuild the U.S. Apparel Industry
Vikki Vi in The Era of Size Inclusivity
Abstract: Vikki Vi is a garment brand focused on size inclusivity within the female clothing sector. In recent years, the brand has taken reshoring-centric steps for its key operations, including manufacturing and dying garments in the USA. This infographic provides insight for the brand’s strategic positioning and market placement. Identifying the core capabilities and competitive advantages, the infographic highlights “Made in America” as one of the many factors which creates success for the firm.
Keywords: Reshoring, size inclusivity, Made in America
Author: Claudia Muñoz
Full-Text PDF: Vikki Vi in The Era of Size Inclusivity
The Fourth Industrial Revolution
Abstract: Infographic of The Fourth Industrial Revolution, also known as Industry 4.0, its history in the US, and how it can help in the reshoring process. Background and context for IOT technology are provided. A high-level analysis is also provided for two major firms that have embraced IOT technology or big data within their operations. Finally, a prediction for the “next steps” of the industry is given, based upon the findings previously listed.
Keywords: reshoring, IOT, Internet of Things, Industrial Revolution, big data
Author: Chenell Braddock
Full-Text PDF: The Fourth Industrial Revolution
Complying with the MADE IN USA STANDARD
Abstract: The Federal Trade Commission is the governing body responsible for regulating the accuracy of product descriptions. One descriptor which has gained popularity in recent years is “Made in America”, identifying goods that have been manufactured inside the United States. As more firms embrace the idea of reshoring, it becomes more important to understand the underlying requirements of labeling a product as American made. This document provides a comprehensive outline detailing the compliance, claims, violations, and enforcement of “Made in America” products.
Keywords: reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now
Author: Rosemary Coates
Full-Text PDF: Complying with the Made in USA Standard
Foreign Direct Investments
Abstract: Foreign Direct Investment (FDI) is defined as an investment in the form of a controlling ownership in a business in one country by an entity based in another country. FDI into the United states has grown over recent years and now makes up a large portion of the country’s economy. Much of this investment is within manufacturing, however, finance and insurance also represent large portions. This infographic provides a visual representation of the current state of FDI within the United States.
Keywords: Reshoring, Federal Direct Investment, FDI, Manufacturing, Foreign Investment
Author: Paulo Sotiangco
Full-Text PDF: Foreign Direct Investments
Manufacturing and Job Losses in the United States
Abstract: Historically, manufacturing has been one of the largest industries within the US economy. However, in more recent years, the United states has experienced a severe decline in the number of jobs within the country’s manufacturing sector. This infographic acts as an informative visualization, detailing the loss of manufacturing jobs in the US and highlighting the contributions of historical events such as the Great Depression. It also provides facts and figures quantifying the state of the industry at the point of publication.
Keywords: Reshoring, Manufacturing, US job loss
Author: Paulo Sotiangco
Full-Text PDF: Manufacturing and Job Losses in the United States
Manufacturing Companies Move Toward Near-Sourcing
Abstract: Due to the increased costs of manufacturing in China many companies are near-sourcing, a process also known as reshoring, backshoring, or onshoring, to countries near the United States such as Mexico. Near-sourcing has the potential to result in a number of strategic advantages for firms. These include increased agility, sustainable supply chains, supplier awareness, IP protection, and regulatory streamlining. This article provides an overview of the progression of US manufacturing firms moving towards near-sourcing and the rationale behind this process.
Keywords: reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now
Author: Frank Lange
Full-Text PDF: Manufacturing Companies Move Toward Near-Sourcing
Measuring Reshoring Trends in the EU and the US
Abstract: Reshoring has been projected to increase due to an erosion of low labor costs in foreign countries, most notably China. This paper seeks to analyze reshoring from a number of perspectives. This includes an exploration of the different forms of reshoring through theoretical lenses, a comparison of reshoring surveys in the EU, and a list of sections detailing reshoring’s place within the context of modern technologies, measurement, and data. Ultimately, a conclusion is drawn regarding the limitations of current approaches for reshoring based upon the current evidence in the US and EU.
Keywords: reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now
Author: Steffen Kinkel, Rahianiah Titis Dewanti, Peter Zimmermann, and Rosemary Coates
Full-Text PDF: Measuring Reshoring Trends in the EU and the US
NAFTA in the Time of Trump
Abstract: The NAFTA treaty exists today as a negotiation between Canada, Mexico, and the United States that has virtually eliminated any tariffs between the three countries. This allows for free flow of goods between the countries and through North America. Recently, President Trump has shown intention to eliminate this treaty in an effort to make US manufacturing more cost-competitive. This paper provides an in-depth analysis of how realistic such a decision is, as well as what the potential consequences could be.
Keywords: reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, NAFTA, Manufacturing Policy, Trade Policy
Author: Rosemary Coates and Tom Coyle
Full-Text PDF: NAFTA in the Time of Trump
Reshoring with Walmart
Abstract: This white paper offers a detailed analysis of Walmart’s reshoring efforts. It details how changing markets and economies are making American manufacturing more attractive, what Walmart is offering to businesses looking to move operations back to the US or to those who are currently producing here, and case studies of corporations which have successfully reshored and sell through Walmart. Comprehensive reasoning behind the decision, including rising overseas wages and high risk, is explored in detail. Additionally, the benefitting stakeholders of the reshoring strategy are highlighted and quantified. The varying perspectives found in the paper clearly articulate Walmart’s important role within American, and global, manufacturing.
Keywords: reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now, Walmart, Walmart reshoring, Walmart manufacturing, US manufacturing
Author: Eric Pardee
Full-Text PDF: Reshoring with Walmart
The Changing Trends of Reshoring in the United States
Abstract: This survey summary highlights the shifting tide of manufacturing locations, identifying the current state and challenges of, as well as the reasons for, reshoring. Analysis includes a cross-industry survey of the current trends in reshoring manufacturing and globalization strategy. Insight is also provided for the survey’s methodology and the manufacturing industry’s focus at large. Statistics and visualizations outline the key findings from the study.
Keywords: reshoring, onshoring, reshore, reshoring initiative, backshoring, reshoring manufacturing, reshore now
Author: Rosemary Coates, Alex Levy, Daisie Hobson, and Jasmine Afshar
Full-Text PDF: The Changing Trends of Reshoring in the United States