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Industry Week (April 20)

2012/ 04/ 23 by jd in Global News

Changing economics are starting to favor manufacturing in the U.S. A study by the Boston Consulting Group (BCG) found that over “a third of U.S.-based manufacturing executives at companies with sales greater than $1 billion are planning to bring back production to the United States from China or are considering it.” Larger companies with revenues of at least $10 billion are even more enthusiastic, with 48% considering reshoring. Considerations driving this new trend include labor costs, product quality, ease of doing business, and proximity to customers.

 

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