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.
Tags: Boston Consulting Group, China, Costs, Manufacturing, Quality, Reshoring, U.S.
