By the time you read this, President Donald Trump might finally have accepted reality and conceded the election. Or, there might be a coup or a zombie apocalypse; it's been that kind of year.
WASHINGTON — Sen. Gary Peters (D-MI) has introduced legislation that would establish an independent federal institute—the National Institute of Manufacturing (NIM)—to serve as a hub for federal manufacturing programs.
The impact of COVID-19 on this country didn’t need to be this bad. It shouldn’t have been this bad. But this is what happens when a country turns its back on manufacturing. America traded its independence for short-term corporate profits, and recovery is going to take much more than a few trillion dollars in federal emergency loans. A euthanized industrial base can’t magically be brought back to life.
KILDEER, IL—Plante Moran and the Reshoring Initiative are jointly conducting a national survey to provide insights into how much manufacturers offshore, what drives them to offshore, and what U.S. policy changes would motivate them to reshore.
WASHINGTON—President Donald Trump signed an executive order April 29 establishing a new White House Office of Trade and Manufacturing Policy (OTMP). The mission of the OTMP is to defend and serve American workers and domestic manufacturers while advising the president on policies to increase economic growth, decrease the trade deficit, and strengthen the U.S. manufacturing and defense industrial bases.
Our government could do a lot more to level the playing field for manufacturing. While the Reshoring Initiative does not support individual candidates, we do recommend policies that will bring manufacturing back from offshore, and we try to document candidate positions on these issues.
It is too little and too late to keep writing “manufacturing matters.” Everything else in the economy is secondary to manufacturing, mining and farming. Only these activities build wealth.
WASHINGTON—The Obama administration has named 12 regions of the U,S. that will receive special attention under a new federal program designed to help make them more attractive to manufacturing companies.
