Even with the “Made in the U.S.A.” movement in full swing, the common perception among Americans is that goods made overseas — particularly in countries like China — are undoubtedly cheaper than equivalents built in the U.S. So for Capitol Cups, based out of Auburn, Alabama, to say that they can not only compete with their Chinese competitors in the aisles of Wal-Mart — but beat them through innovation — it’s bound to get some attention.
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.
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.
Manufacturers Gather In Baltimore To Share Knowledge, Discuss Efforts To Prepare An Advanced Manufacturing WorkforceMay 22, 2013 11:25 am | Events
Sharing information, driving innovation in manufacturing and preparing an advanced manufacturing workforce will be the focus of the 2013 Society of Manufacturing Engineers Annual Conference to be held June 2-4, 2013, at the Renaissance Baltimore Harborplace Hotel in Baltimore, Md.
A common theme on Manufacturing Revival has always been Lean concepts and their implementation. Today we bring you a guest who has unique perspective on how to better utilize the concepts that continue to drive the Lean movement. We welcome to the show Kevin Duggan, Founder of the Institute for Operational Excellence and President of Duggan Associates.
Despite the common preconceived notion that increasingly automated operations are eliminating opportunities in the manufacturing sector, the widespread adoption of advanced production technologies is actually creating opportunities — and demand — for more skilled professionals. But where do we find them?
Training for skilled manufacturing positions has been hit by a perfect storm of budget cuts and the mistaken idea that all young workers should go to college. At Connecticut Spring & Stamping (CSS), the situation had become so desperate that to meet its capacity and continue to grow, the company has had to replace formerly state-funded training with its own programs.
U.S. Bank Equipment Finance announced today that it will sponsor the Reshoring Initiative, a Chicago-based group established to educate manufacturers on the benefits of bringing their operations and corresponding jobs back to the United States.
Global manufacturers are putting their supply chains at the center of their business strategies to serve as the foundation for operational efficiency and collaborative innovation. Ironically though, many manufacturing executives admit that their companies currently do not have visibility of their supply chain beyond Tier 1 suppliers.
R&D/Leverage is the first U.S. mold maker and Structural Brand Development Company to be certified "Made in the USA®," according to Robert Schiavone, Global Marketing Director for the company, which is the full-service plastic product solutions company that created the "Idea, to Mold" business model.
Technological growth has been principally responsible for the development of new industries, products and processes that have created better paying jobs, cheaper goods and a higher standard of living for society. Where would our economy be without information technology, advanced manufacturing and biotechnology?
A favorite saying of mine is that we hire people not just for their hands, but also for their hearts and minds. When we hire frontline employees, it should not be just for the work they do on the line, but for the creative thoughts in their hearts and minds. What if we paid frontline manufacturing employees just $2 per hour for their labor but $14 per hour to use their minds?
A number of macroeconomic factors seem to have tipped the balance in favor of domestic manufacturing. The return of a few companies’ manufacturing is encouraging. But the big question is: To what extent is the United States capable of taking back manufacturing on a significant scale? The challenges are great.
Without a ready inventory of workers to support a competitive manufacturing base, America’s future will always be vulnerable to outside economic threats. History reminds us of our true potential, when in 1945, 50 percent of the products produced in the world were "Made in USA." Today that number has trended down to 22 percent.
Black & Denim, based out of Tampa, Florida, is working its way into what has long been deemed a dead American industry — apparel — through a uniquely 21st Century business plan.
The National Alliance for Jobs and Innovation (NAJI) is a non-partisan organization whose mission is to increase awareness of the problem of stolen IP and the negative impact on jobs, innovation and economic growth. NAJI represents the apparel, manufacturing and technology industries and is comprised of more than 100 U.S. companies and associations.
Reshoring Initiative founder, Harry Moser recently participated in an Economist online debate, presenting in defense of the motion: “Do multinational corporations have a duty to maintain a strong presence in their home countries?” Harry Moser defeated internationally known Columbia University professor of economics and law, Jagdish Bhaqwati, who presented against the motion.
Simon Grant, Automation GT’s CEO and President, says the re-shoring issue has become more prevalent in during early and mid-2012. Even though most of the industry has been aware of the trend, Grant says only recently has there been a “re-awakening” of the capital budgets among his company’s Fortune 100 customers.
U.S. manufacturing activity grew at a faster pace in January behind an increase in new orders and more hiring at factories. The Institute for Supply Management said Friday that its index of manufacturing activity jumped to 53.1 in January from 50.2 in December, the trade group said Friday. It was the highest reading since April, when the index hit 54.1.
Lately we have been hearing a lot about Reshoring and the optimism that surrounds it for American Manufacturing. As Nigel informed us, our neighbors to the North are sharing the same optimism for Canadian Manufacturing. Today’s conversation was focused specifically on the gap that currently exist in the skilled workforce necessary to fully bring Manufacturing back.
When it comes to major, public-facing manufacturers, there are few companies more interesting to follow than General Motors. And while I’m not the one to forecast whether the company will or won’t make a full comeback after its troubles in the Great Recession, I can say it’s been an interesting ride either way.
We noticed the severe conditions on our trip to China. The smog in Shanghai was stunning. Amid President Obama’s emphasis this week on reaffirming a commitment to combat climate change, it might sound counter-intuitive but bringing back more manufacturing to the United States would help.
Dow Chemical CEO Andrew Liveris says advanced manufacturing is coming back to America and will drive our economy. Liveris argues that technology became the new word for manufacturing since technology has to be researched and made.
Today we had the opportunity to speak with Mike Collins, Author and Founder of MPC Management. With over 40 years in the Manufacturing industry, authorship of 3 books and over 300 published Manufacturing focused articles Mike is a treasure-trove of Manufacturing knowledge. During our discussion today we focused on two specific topics discussed in Mike’s book Saving American Manufacturing.
Ford Motor Company has announced plans to hire 2,200 salaried workers in the U.S. during 2013 as part of its effort to accelerate the pace of developing its lineup of cars and trucks. The company says more manufacturing, product development and IT staff are necessary to meet growing demand for high-technology vehicles.
Chris Brescia, vice president of government affairs at RockTenn, will serve as NPASC chair, and Marc Steven Scarduffa, vice president of U.S. government relations at Pfizer Inc., will serve as vice chair. They will begin a two-year term this month leading the NPASC in developing public affairs activities to support pro-manufacturing policies with policymakers.