WASHINGTON—In another sign that America is becoming more competitive in manufacturing, the United States is now equal to Mexico in “attractiveness” as a source for manufacturing operations and is on track to achieve cost parity with manufactured imports from China by 2015. That’s according to new research released by AlixPartners.
SHENZHEN, China—Foxconn, which was plagued by worker suicides a few years ago, has denied a report that a female employee jumped from the roof of one of its assembly plants here last week.
It has become fashionable lately for some U.S. companies to tout how they’ve reshored production from overseas. Baldor Electric Co. isn’t one of them—it never left. The company has been manufacturing electric motors, drives, bearings and other motion control products in the United States for decades.
ELMIRA, NY—Kennedy Valve is reshoring production of its rotating disc gate valves to its assembly plant here after experiencing delivery problems with its Thailand supplier.
DIXON, IL—SGS Refrigeration, a manufacturer of industrial cooling equipment, is moving production from Mexico to a new assembly plant here. The company hopes to add 100 jobs in the next few years.
NASHIK, India—Around 3,000 workers at automaker Mahindra and Mahindra’s assembly plant here are on a “tools down” protest against the suspension of a co-worker.
SHANGPU, China—Farmers here clashed with police and set up barricades to protest what they say is an unauthorized government seizure of their land to build a new factory.