Exports from the U.S. are at the highest point in 50 years. The gap between labor costs in the U.S. and overseas is shrinking. There are many factors contributing to the rise of reshoring in America, and it’s important to study up on them to gain a competitive edge.
G&D Integrated’s infographic: “Reshoring Powers America’s Manufacturing Resurgence” quickly yet thoroughly explains both existing factors which promote reshoring, and points worth considering when thinking about bringing your manufacturing back to the states. These points include
- Total Cost of Ownership
- Organizational structure
- Tax and other incentives