Looking to expand reshoring initiatives or bring manufacturing back home for the first time? Review this brief guide to walk through recent trends, key questions and gains to consider.
The pandemic and ongoing supply chain woes has accelerated foreign direct investment (FDI) and reshoring in North America. But the trend was already underway beforehand, as manufacturers faced rising labor costs overseas and found renewed competitiveness in automation – automation that’s helping bring jobs back home and made-in-the-USA products closer to the consumer. This guide examines contributing factors, accelerating trends and how to get started with or ramp up localization efforts.
