It Pays to Buy American

It Pays to Buy American

Of particular interest with those of us who compete with low labor markets like China is the indication that by 2018, the US will be a lower cost producer than China. Manufacturing in China costs only about five percent less than in the US. Chinese labor costs increased 187 percent in recent years while in…

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Reshoring: Manufacturing Comes Home to America

Reshoring: Manufacturing Comes Home to America

This series has been about how American manufacturers are becoming more competitive in the global marketplace. This trend has led to what some people call the “Reshoring of America.” Reshoring is the opposite of offshoring and refers to American companies returning outsourced manufacturing from overseas locations back to the US. Previously we covered how the…

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Broader National Issues

Broader National Issues

Some of the issues making reshoring affordable involve the regulatory and tax environment. We’ll cover these in today’s blog post. Regulatory and Tax Matters While tax rates vary from state to state and each state has their own regulatory supplements to federal legislation, it’s safe to say that our government imposes fewer barriers to entry…

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