The October 2024 Reshoring Initiative E-News is out. It covers the new risks to offshoring, policy and legislation, an IMTS review, recent media and workforce training incentives.
Category: Reshoring
Harry Moser’s new interview discusses how to build a more competitive U.S. manufacturing sector with his thoughts on: VAT, tariffs, industrial policy, currency and the economy.
Tariff Everything And All Countries Forever
Sumitomo Drive Technologies, a brand of Sumitomo Machinery Corporation of America, received the 2024 National Metalworking Reshoring Award. The award was given in recognition of Sumitomo Drive Technologies’ success in bringing manufacturing to the United States through foreign direct investment and to Mexico via nearshoring.
Sumitomo Drive Technologies Wins 2024 National Metalworking Reshoring Award
U.S. government economic policies in the early 2020s leveled the playing field in some industries.
Harry Moser calls the result “a modern-day gold rush.”
Reshoring, nearshoring trends making North American manufacturing competitive.
In this webcast interview with Harry, the conversation sheds light on critical developments like semiconductor manufacturing, reshoring efforts, and a dynamic technological landscape.
Manufacturing Supply Chains—Expert Perspectives
“In this AMT+ Industry Chat, I sat down with Harry Moser, founder of the Reshoring Initiative and previous president of GF Machining Solutions, and Andrew Osborne, general manager of the cylindrical department at United Grinding (IMTS booth #236802), to discuss the hottest tech trends in the manufacturing supply chain.
The conversation, which can be found in full here at IMTS.com/MFGSupplyChain, sheds light on critical developments like semiconductor manufacturing, reshoring efforts, and a dynamic technological landscape. “
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Published: AMT+ Industry Chat
Harry Moser discusses the need to strengthen not just the defense industry, but the overall U.S. manufacturing industry.
SECURING AMERICA’S FUTURE, HARRY MOSER’S CASE FOR RESHORING MANUFACTURING
A skilled workforce pipeline is necessary for reshoring and restoring U.S. leadership in global manufacturing.
In this article Harry Moser discusses how the German model of manufacturing apprenticeships contains lessons to help the U.S. generate career opportunities and boost competitiveness enough to justify reshoring.
The US Needs Workers. Germany’s Apprenticeship Model Can Help
In this Federal Newswire webcast Harry Moser discusses globalization, U.S. competitiveness, and reshoring.
Published: Federal Newswire Title: “China Desk Podcast – Ep 47 Harry Moser
The Reshoring Initiative 2023 Annual Report has just been released
Reshoring + foreign direct investment (FDI) job announcements in 2023 continued to climb, adding 287,000 jobs, the second-highest year on record. EV batteries, semiconductor chips, and solar – all essential goods supported by U.S. industrial policies, account for 39% of the job announcements.
Trend Highlights:
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Significant growth has been noted in “essential” industries supported by government subsidies.
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As government subsidies run out, new reshoring and FDI announcements are slowing. Future progress will depend on new policies that make U.S. manufacturing cost competitive, rather than subsidize specific industries.
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Geopolitical Risk is a top driving force in the reshoring and FDI trends.
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Skilled workforce is another top factor. The success or failure of training millions of workers could skew the outcome of the current reindustrialization momentum, in either direction.
Reshoring Initiative 2023 Annual Report: Geopolitical Risk and Industrial Policy Drive Reshoring and FDI Announcements
Harry’s new article discusses how companies are, increasingly, seeking the moderately higher cost of domestic components as insurance against extreme conditions and geopolitical disruption. Business leaders are investing in reshoring to withstand supply chain shocks and recover more quickly when they occur.
Supply Chain Risks Hiding In Plain Sight
By Harry Moser Reshoring Initiative
Harry Moser’s new article discusses how reshoring is at the root of sustainable manufacturing and lands squarely in the decarbonization sweet spot.
Green Powered Reshoring: The Root of Sustainable Manufacturing
Crisis in the Workforce: Preparing Tomorrow’s Change-Makers
Harry Moser’s new article discusses the impact of the workforce crisis on U.S. global competitiveness and the U.S. economy, as manufacturers become unable to expand capabilities and acquire new work.
Crisis in the Workforce: Preparing Tomorrow’s Change-Maker
