For years, investors cheered as U.S. companies shifted manufacturing overseas to reduce costs and boost profit margins. That could soon start to change, with decades of offshoring replaced by reshoring. The shortages of personal protective equipment and other essential items…
Buying activity from engineers & procurement professionals sourcing on Thomasnet.com has seen strong growth in 2020 for the packaging materials space. At a glance, the following major sourcing KPIs have seen a YoY increase vs. 2019: The number of sourcing sessions for…
China’s entrance into the World Trade Organization nearly two decades ago was supposed to transform China. Instead, it has transformed the U.S. – for the worse. If the belief was that China would come to liberalize as it integrated into…
Steel-tube chief launches expensive advertising buys to get peers to reconsider sourcing decisions—and rebuilding American communities. Barry Zekelman is trying to pierce through all the noise of this season of American political and social unrest with a message that he…
By Rajesh Kumar Singh and Philip Blenkinsop CHICAGO/BRUSSELS (Reuters) - New York-based Delta Children, which makes cribs in China for retailers such as Walmart, briefly studied moving production to the United States as supply shortages caused by the COVID-19 pandemic…
The executives at Trek Bicycle can pinpoint the day they realized the bike market was going berserk. "April 12," says Eric Bjorling, the director of brand marketing for the company. "That's when we knew we had something on our hands."…
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…
With the announcement of the tariffs, many companies are starting to investigate moving manufacturing back to the U.S. to avoid the tariffs. This is a great idea in theory but as we have learned over the last couple of years…
A friend of ours had some car trouble and purchased a part online, using overseas production, for a quarter of the price. Thinking he had scored a deal, he had his mechanic install it only to have it fail a…
The International Trade Commission (ITC) declared on Friday, that solar panels imported from China are hurting U.S. Manufacturers – not really a surprise to anyone. But this decision on overseas production may have overall devastating effects on the U.S. solar…
Before a manufacturer labels a product “Made in USA” or “Assembled in USA,” it is important to be sure the product meets federal and state regulations for labeling. Unfortunately, the regulations can be vague, complicated and subject to interpretation. The…
While doing a customer project for the Reshoring Institute, I researched the US Contract Manufacturing market, specifically in the industries of bicycles, motorcycles, metal product producers, plastic injection molding producers and dollies and carts manufacturers. I found that many of…
Economic patriotism In this world we live in, it is incredibly easy to find yourself, as a consumer, completely lost in a sea of labels. From our food to our clothes to our vehicles, labels are everywhere. How many of us…
Reshoring Economic Development State Profiles Reshoring Institute announces 10 State Economic Profiles: Arkansas, Colorado, Kansas, Minn, Missouri, New Mexico, N.Carolina, S. Carolina, Virginia, Wisconsin. SILICON VALLEY AND SAN DIEGO, CA, USA, February 27, 2017 / EINPresswire.com / -- The Reshoring Institute https://reshoringinstitute.org…
As a student researcher at the Reshoring Institute, I am researching Chinese solar companies and their potential for manufacturing in the U.S. Through my research, I found that U.S. import tariffs target Asian manufacturers for unfair competition and impose extra…
It's that time again - the Holiday season! I personally hate fighting holiday traffic and other shoppers so I do my shopping throughout the year while traveling and online. When I travel, I prefer to buy unique gifts that are…
It was the last week of October and the Reshoring Institute team was in Chicago for The ASSEMBLY Show. The Cubs were on their way to be World Series champs for the first time in over 100 years, we were…
National Manufacturing Day also known as MFG Day, is a celebration of modern manufacturing meant to inspire the next generation of manufacturers. It allows manufacturers in the U.S. the opportunity to dispel the common misconceptions about manufacturing. It also provides the opportunity for…
5 Reshoring Benefits In recent years, there has been a strong push from both American consumers and American businesses to bring manufacturing back home to the U.S. This growing interest in “reshoring” isn’t surprising: Following the offshoring movement (the process…
China Tariffs Across many industries, rising costs in China are giving companies significant financial incentive to consider reshoring manufacturing jobs back to the US, or move them to other low-cost nations. Many sectors, such as garment manufacturing, have already moved…