Manufacturing’s Reshoring Movement
As published in NREI The global pandemic has been incapacitating international supply chains since early 2020 and continues to cause frequent delays from international suppliers. Hostile trade relations between the United States and China had been brewing even before COVID-19 hit, accelerating a reshoring trend. Reshoring involves relocating manufacturing assets to the United States from China; more universally, it can include sourcing alternative suppliers in the United States or North America instead of Asia. For several years, reshoring efforts have been gaining momentum and manufacturing ... Read More