The growth is being driven by a U.S. policy push to boost domestic clean-energy manufacturing, by global supply chain risk, and by the total cost of ownership (TCO) equation.
The hazards of supply chain gaps and the advantages of domestic manufacturing became painfully clear during the pandemic. Unprecedented pressures are compelling companies to innovate and reshore production back to the U.S. to mitigate global risk and augment resiliency.
SARASOTA, FL—Reshoring activity and foreign direct investment (FDI) job announcements in 2022 were at the highest rate ever recorded, according to the Reshoring Initiative.
Assembly lines have been around for more than a century, but new technologies, processes, investments and strategies are accelerating production, increasing capacity and driving revenue growth.
Rarely does a major spending bill in Washington draw bipartisan support and yield immediate results. Behold the CHIPS and Science Act, which was signed into law by President Joe Biden Aug. 9. The act provides more than $52 billion in new funding to boost domestic research and manufacturing of semiconductors in the U.S.
Geopolitical forces are accelerating the growing trends of reshoring and foreign direct investment (FDI). Over the last decade, an expanding understanding of the routine logistics costs of offshoring drove an upward trend of reshoring.
On Demand This presentation addresses the vital importance of reshoring U.S. manufacturing capability to ensure economic and military security. You’ll learn how U.S. manufacturing got where it is today, how outsourcing threatens U.S. security, and what U.S. manufacturers can do to fix the problem.
