reshoring

Rebuilding and Reshoring

Rebuilding and Reshoring: TCO, A Deeper Dive (Part 2)

As reshoring becomes an increasingly attractive manufacturing strategy due to rising offshore wages, intellectual property (IP) risks, and loss of quality, control, and flexibility, companies are finding strategic ways to…

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Worker welding in shop

Rebuilding and Reshoring: TCO, A Deeper Dive (Part 1)

Localization, producing near the consumer, often reduces total cost due to shortened supply chains that contribute to a lean and agile strategy. The savings on non-manufacturing costs as a result…

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Welder

Reshoring and FDI Up 53%, a New Record

Reshoring + FDI job announcements in 2022 were at the highest rate ever recorded. 4Q announcements accelerated even more than anticipated due to the Chips and Infrastructure Acts and deglobalization…

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Welder

Overcoming The Skills-Gap Is Critical To Reshoring Essential Supply Chains

Global disruption and geopolitical risk created by phenomena like the pandemic and the Russian invasion of Ukraine resulted in unreliable global supply chains and shortages of essential goods. This type…

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