Is U.S. Manufacturing Poised for a Comeback?
The resurgence of manufacturing in the U.S. is debated in this story recently published in The Wall Street Journal. The article which mentions a study by “Boston Consulting Group estimates that China’s overall manufacturing-cost advantage has shrunk to just 4%. When wages are adjusted for productivity and the costs of shipping and inventories are included, it can be more economical to make some products in the U.S. than in Asia.”
“Many of our customers have told us they are re-shoring their manufacturing operations and are turning to EnviroPAK and molded pulp for their packaging requirements,” said Bryon Crump, VP, EnviroPAK.
To read the full article, visit the WSJ web site located here.