The reshoring movement is gaining momentum. Big companies like Ford, Wal-Mart, General Electric, and Whirlpool are actively investing in reshoring manufacturing jobs. And smaller companies are following suit. In fact, The Boston Consulting Group reports a 31% increase in the number of companies actively reshoring production over the last three years. AND…the U.S. has surpassed China and Mexico as the likely destination for new manufacturing.
So, should YOU be reshoring? Here are a few reasons why it might be a good idea: