Faced with rising costs, General Electric moved production of a new energy-efficient hotwater heater halfway around the world – to Kentucky. CP Lab Safety moved manufacturing from China to California to cut costs. Tesla moved final assembly of its battery packs to California to minimize delivery delays to customers.
In a recent blog, I discussed some of the drawbacks of offshoring manufacturing jobs (“Boeing 787 Illustrates The Dangers of Offshoring,”). Today I am writing about a growing trend in manufacturing: “reshoring” jobs back to the United States. Continue reading GE, NCR Lead “Reshoring” Trend