Onshoring Update from Fox Business News

Submitted on

In this video, Cliff Waldman, and economist with the Manufacturer's Alliance, is interviewed about why companies like Caterpillar and GE are reassessing their original offshoring decisions based on total landed costs - extended supply chain, logistics, intellectual property protection, training and other unexpected costs. More and more companies are finding that onshoring or backshoring production and rethinking the US as a production platform actually save money.


Even though labor and land costs are often lower in other countries, stability and quality are becoming more important - especially now that Lean is gaining favor with all manner of US manufacturers.

Can you make this part? Newsletter

Do you have Questions? Call

Register Now For Free!

Join As A Supplier