Articles Tagged with ''reshoring''

Timmons, Farr emphasize opportunities in manufacturing, urgent need to inspire next generation of manufacturers in America.

Everybody knows that our jobs have been going overseas. It’s been happening since the ‘80s and for decades nobody did much to stop it. In recent years people have recognized this as a problem for the structural soundness of the American economy and have begun taking action to reverse it.

The project participant can be from any industry but must now be spending at least $150,000/year on offshored BOPs either directly, or thru an outside firm. 

The award honors a company that has effectively reshored products, parts or tooling made primarily by metal forming, fabricating or machining.

The Quality Show, billed as the only trade show and conference focused exclusively on quality education, technology, equipment, and products, will take place October 24-26, 2017, at the Donald E. Stephens Convention Center in Rosemont, IL, and will include two keynote presentations, a host of educational sessions, an awards presentation ceremony, networking opportunities, and a bevy of exhibitions of the latest services and equipment the quality industry has to offer. 

About 4 million manufacturing jobs have still been lost to offshoring over the last decades, based on the $500 billion U.S. trade deficit.

The Trump Administration’s contentious relationship with Mexico, possible changes to trade agreements and its public focus on American manufacturing has led some to reconsider moving jobs south-of-the-border. But what’s often lost in the rhetoric and public relations arm wrestling is the growing trend of nearshoring.

The awards will be presented in Milwaukee, WI, on Sept. 28.

Return One Million Jobs (ROMJ) was created to raise $20 million to bring one million manufacturing jobs to the U.S. from offshore.

New Reshoring Initiative infographic supports Manufacturing Day 2016.