Several factors come into play when manufacturers make the decision to move or reshore. The wage gap is never the only reason, but in all cases, the move makes business sense — it’s not simply a feel good story. While reshoring has found its way into a lot of headlines, Young says that it is primarily a U.S. phenomenon.
Several factors come into play when manufacturers make the decision to move or reshore. The wage gap is never the only reason, but in all cases, the move makes business sense — it’s not simply a feel good story. While reshoring has found its way into a lot of headlines, Young says that it is primarily a U.S. phenomenon.
Several factors come into play when manufacturers make the decision to move or reshore. The wage gap is never the only reason, but in all cases, the move makes business sense — it’s not simply a feel good story. While reshoring has found its way into a lot of headlines, Young says that it is primarily a U.S. phenomenon.
Several factors come into play when manufacturers make the decision to move or reshore. The wage gap is never the only reason, but in all cases, the move makes business sense — it’s not simply a feel good story. While reshoring has found its way into a lot of headlines, Young says that it is primarily a U.S. phenomenon.
Several factors come into play when manufacturers make the decision to move or reshore. The wage gap is never the only reason, but in all cases, the move makes business sense — it’s not simply a feel good story. While reshoring has found its way into a lot of headlines, Young says that it is primarily a U.S. phenomenon.
Several factors come into play when manufacturers make the decision to move or reshore. The wage gap is never the only reason, but in all cases, the move makes business sense — it’s not simply a feel good story. While reshoring has found its way into a lot of headlines, Young says that it is primarily a U.S. phenomenon.
The eastern New Mexico peanut butter plant shuttered eight months ago after a salmonella outbreak is back in production, and company officials say their coveted natural and organic butters could be back on store shelves within a month.
However, in a statement issued Wednesday, the state agency said the CSB was given access to the scene, worked with other agencies during excavations and neighborhood surveys, and collected its own chemical samples with ATF assistance. The statement says no evidence was destroyed or compromised.
The New Brunswick, N.J., company says its pipeline of drugs in late-stage clinical development include a potential hepatitis C treatment being reviewed by regulars, a version of the anti-psychotic Invega designed to last three months and new vaccines for flu, rabies and polio.
The data suggests the economy could be insulating Obama from the immediate troubles confronting his administration. But it also indicates that while a growing number of those surveyed are more optimistic about the economy, they are evenly split on whether they approve or disapprove of his handling of it.
New California rules will require the makers of new thermostats to do a better job of keeping old ones containing the neurotoxin mercury out of landfills. Since 2006 it has been against state law to sell mercury thermostats in California, but millions of old ones are still in use. Tens of thousands of them are replaced every year.
Tesla Motors, the California-based electric vehicle manufacturer, has announced that it has paid off its 2010 loan from the Department of Energy (DOE) in full as of today. The payment of $451.8 million repays the full loan with interest. The company claims it is the only American automaker to have fully repaid the government of its loans.
Nissan Motor Co. said Thursday it will recall around 840,000 March and Cube compact cars, including 263,942 units in Japan, produced between February 2002 and August 2004, due to faulty steering wheels. The bolts connecting the steering wheels and steering columns in the two models may not have been screwed on properly and could lead to a loss of control.
Investigators from the Dutch Food and Consumer Product Safety Authority arrested the man on suspicion of fraud and detained him for further questioning. If convicted, he faces a maximum sentence of six year's imprisonment, according to prosecutors.
In a medical first, doctors used plastic particles and a 3-D laser printer to create an airway splint to save the life of a baby boy who used to stop breathing nearly every day. It's the latest advance from the booming field of regenerative medicine, making body parts in the lab.
The number of Americans applying for unemployment benefits fell by 23,000 last week, further evidence that the job market is slowly returning to health. Applications for unemployment aid declined to a seasonally adjusted 340,000 in the week ending May 18, the Labor Department said Thursday.
Equipment maker Dover Corp. said Thursday that its board has approved a plan to spin off some of its communication technologies businesses into a new publicly traded company. The new company will be known as Knowles Corp. and products will include acoustic components such as microphones, speakers, receivers and transducers. It also will produce communication infrastructure components, Dover said.
General Motors Co. says the Spark EV subcompact will be among the lowest-priced electric cars in the U.S. The electric Spark will have a starting price of $27,495 when it goes on sale next month in California and Oregon. GM also is offering a low-mileage lease for $199 per month, with $999 due when the lease is signed.
Reverie is one of a growing number of small businesses that are chipping away at the decades-old trend of manufacturing overseas. They're doing what's known as reshoring, moving production back to U.S. factories as labor costs grow in countries like China and India and shipping also becomes more expensive.
Lawmakers pressed Bernanke to explain when the Fed might start to scale back its purchases. Bernanke said the pace could be reduced over the next few meetings, if the job market shows "real and sustainable progress." And he wouldn't rule out curtailing the purchases by Labor Day.