Reshoring

Economic Forecast and Reshoring News

The next couple of years should be good growth years for the US, and us in OH.  A time for expansion and taking advantage of good times.  All the economic indicators they use are upward pointing even with an uncertain virus situation.  Reshoring into the US should continue, as this is the place to be for manufacturing! This is the headline from ITR Economics in a webinar we saw recently.  ITR is a firm that… Read More


US Supply Chains: Weaknesses Exposed by the Covid-19 Pandemic

We have all witnessed the chaos in supplying critical medical supplies during the past few months of the covid 19 pandemic, especially in and around New York.  Why has this supply chain issue been such a problem for the US?  After all, we were the #1 manufacturing country in the world for the past 100 years until just the last few years! Political leaders are quick to say this is something we need to fix,… Read More


Starting Up After Virus Limitations

We do not know what operating conditions currently exist in our reader’s companies. We just heard the latest week’s unemployment numbers, and expect similar to be the case for the next few weeks. Eventually we’ll all start up incrementally or full bore again, but what will our world look like? Here are a few thoughts about the virus limitations, and we would greatly appreciate your comments to our blog. If you are curtailing operations, your… Read More


Coronavirus: What’s the Future of our China Relationship?

We’re in the midst of a world-wide event with the coronavirus, unlike anything we’ve seen before. But it will end, and then what will our relationship with China look like? Our current emphasis on equipment and machinery OEM’s hasn’t seen much change yet, but it’s very early. Hard to imagine anyone who’s customer and supply base hasn’t been affected or won’t be shortly. Let’s all hang tough and work to stand tall when all this… Read More


Reshoring News and a Real Project

The Reshoring Institute noted that 2018 had the highest level of new reshoring and foreign direct investment (FDI) in history; up 38% from 2017.  A recent article (link below) from their website reports these exciting data: “The combined reshoring and relatted FDI announcements totaled over 145,000 jobs, the second highest annual rate in history.  Including upward revisions of 36,000 jobs in prior years, the total number of manufacturing jobs brought to the United States from offshore… Read More