Is the U.S. in a Manufacturing Renaissance?
Another Trend Article on the Momentum of Reshoring Says “It is!”
The movement to drive offshore manufacturing back to the United States is one reason why America may be in the midst of a renaissance. This reported from a trend story written by industry blogger, Pat Toensmeier. The author cites a recent study by the Boston Consulting Group (BCG) states that “compared with a year ago, 24 percent more senior manufacturing executives at companies with sales of $1 billion or more would consider returning production to the U.S. in the near future. Moreover, 54 percent said reshoring is an option.”
There are a number of interesting statistics in the full article which you can read HERE. ***page no longer available***