Reshoring is trending in the manufacturing community

Source: The Boston Globe

Jul 27, 2015

Some 350 US companies that have brought nearly 40,000 manufacturing jobs back to the United States from overseas over the past five years, as costs in emerging economies like China and India rise, automation makes production here more competitive, and the complexity of today’s products require closer collaboration between designers, engineers, and production lines.

The jobs returned from foreign locations — known as “reshoring” — represent a tiny portion of manufacturing employment, but economists say they are a sign of the sector’s rebound following the last recession. Since the sector hit bottom in early 2010, the nation has added nearly 900,000 manufacturing jobs, according to the Labor Department.

To learn more about reshoring, read "Some offshored manufacturing jobs return to US" from The Boston Globe.

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