Studies show that Americans prefer U.S.-made products, and that this preference can help bring manufacturing back home. But can we turn consumer preference into purchases?
WAYNE, MI—A secret meeting in 2015 between Ford Motor Co. and the UAW led to job security and a sigh of relief among factory workers three years later as they begin manufacturing the Ranger midsize pickup truck at Ford’s Michigan Assembly Plant here.
More than 170,000 new U.S. manufacturing jobs were announced in 2017 as a result of either reshoring or foreign direct in-vestment (FDI). That's an increase of 52 percent from 2016 and an incredible 2,800 percent from 2010.
Numerous pundits have forecast that U.S. manufacturing will follow the path of agriculture: Automation will replace human workers and steal all of our jobs. It will be an automation doomsday. Clearly, returning jobs will be, on average, higher skilled and fewer in number than when the work was lost offshore years ago. However, in reality, automation is key to reshoring and thus to U.S. job growth.
KILDEER, IL--Last year, combined reshoring and foreign direct investment (FDI) announcements surged, adding more than 171,000 jobs to the U.S. economy.
KILDEER, IL—Thanks to reshoring and foreign direct investment, the United States gained more than 170,000 manufacturing jobs in 2017, according to the latest data from the Reshoring Institute.
In January, President Donald Trump traveled to Davos, Switzerland, to speak at the annual World Economic Forum (WEF). His message: "America is open for business."
The United States is facing a crucial workforce skills gap. For more rapid reshoring to take place, we need a more highly skilled and larger workforce.
WARREN, MI—FCA US LLC will invest more than $1 billion to modernize its assembly plant here to produce the next-generation Ram Heavy Duty pickup, which will be shifted from Saltillo, Mexico, starting in 2020. The move is expected to create 2,500 jobs.
