TITLE

U.S. Manufacturers Coming Home?

AUTHOR(S)
Gobble, MaryAnne M.; Holden, Greg
PUB. DATE
September 2012
SOURCE
Research Technology Management;Sep/Oct2012, Vol. 55 Issue 5, p4
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses reports on the growth of the U.S. manufacturing sector in 2012. The upturn is attributed to the increased utilization of lean manufacturing methods and the relocation of offshore outsourced work back to the U.S. A survey by the Boston Consulting Group (BCG) asked business decision makers to predict reshoring decisions at their firms, while another by the Hackett Group noted the influence of global transportation costs and Chinese wage inflation on the reshoring trend. Another study by AlixPartner suggested that many companies that brought manufacturing back to the U.S. from China could decide to move to nearby countries such as Mexico. Companies shifting operations back to the U.S. include Toyota, General Electric (GE), and Boeing.
ACCESSION #
79794180

 

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