Articles Tagged with ''reshoring''

Several companies discuss the challenges and benefits of bringing manufacturing back to the United States.

Back in February, Terry Gou, founder and chairman of contract manufacturer Foxconn Technology Group, said he hopes to automate 70 percent of the company's assembly operations within three years.

CHICAGO—More than 60,000 manufacturing jobs were brought to the United States by reshoring and foreign direct investment in 2014, representing a 400 percent increase since 2003.

GREENSBURG, IN—A labor dispute involving dockworkers that has crippled international trade through the West Coast’s seaports has prompted Honda to temporarily cut production at its southeastern Indiana plant because of a parts shortage.

FAIRFAX, VA—The aerospace industry is shifting more manufacturing investment to the U.S. after a decade in which production jobs in the sector flowed to China and other emerging economies, according to a new study.

BEIJING — In one factory in southern China, sleeping on the job is not frowned upon. In fact, it's being strongly encouraged by management. Workers at the computer hardware factory in the Dongguan have been encouraged to use two ten minute breaks to rest their eyes and sleep.

DETROIT—Shinola Detroit LLC is opening a new watch dial factory here, allowing it to bring more manufacturing back to the city. Currently the luxury goods company, which is known for watches, bicycles and leather goods, purchases its dials from Taiwan-based BAT Ltd.

I’m not an economist, but it’s clear to me that if I were a country, I’d want my economy to be grounded on the bedrock of making.

Tim Hutzel will never forget the first time, back in 1995, that he walked the shop floor at Hamilton Caster & Manufacturing Co., a maker of industrial wheels, casters, carts and trailers in Hamilton, OH. Hutzel had just left his job as director of lean transformation at GE Aviation to strike out on his own as a consultant and lean guru. Hamilton Caster was his first customer.

There’s lots of talk about a manufacturing renaissance. Some call it a resurgence, others a revolution, but the name doesn’t matter. There’s also been a lot of argument over the magnitude of the decline in manufacturing and how to measure it. Some say there wasn’t a decline at all. None of that matters, either.