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…
As manufacturers plot their paths forward, many are paying closer attention to supply chain resiliency and the need for stronger, tech-enabled supply chains that can withstand shocks. The global pandemic upended most of the business world, with a particularly pronounced…
We can learn a lot from history. In the face of a global pandemic that has upended the business world, the measures taken in the short-term will lead to significant shifts that will last for decades. We saw how the…
PTA Plastics has invested more than $2 million in six new injection molding machines—four Wittmann Battenfeld’s and two Engel’s—that it will divide between its facilities in Colorado and Connecticut. In total, the company acquired four machines from Wittmann Battenfeld and two from…
A major shock to supply chain operations, COVID-19 exposed the weaknesses of the current supply chain paradigm and forced firms to consider the challenges of rebuilding their supply chains due to supplier exits. For some industries, the pandemic even forced a major…
What products and components offer the biggest opportunities for reshoring? What advanced manufacturing technology is needed to enable the reshoring? To what degree did the pandemic disrupt supply chains, and how did it affect sourcing? To answer these questions and…
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…
LOS GATOS, Calif., Oct. 30, 2020 /PRNewswire/ -- Americans say they prefer products that are Made in the USA and they are willing to pay up to 20% more for them. The Reshoring Institute recently surveyed nearly 500 Americans across the country and asked if…
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…
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."…
U.S. government officials have called for the “reshoring” of domestic industrial capacity in several areas in recent weeks. Whether it is the production of pharmaceuticals and personal protective equipment, or the development of microelectronics, specialty chemicals and materials, calls for…
Since the early days of Covid-19, we’ve heard lots of inspiring stories about businesses, especially manufacturers, stepping up to provide critical supplies. What we’ve heard less about is how (or if) those manufacturers will hold their own now that overseas…
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…