The Reshoring Initiative has announced a program in partnership with Wal-Mart to help companies manufacture more consumer products in the United States. This is in response to Wal-Mart's commitment to increase its U.S. purchases by $50 billion annually by January 2023.
Harry Moser, founder and President of the Reshoring initiative, observed, "We were honored to be called on by Wal-Mart to support its Made in USA program. We estimate the company's increased purchases will add 300,000 U.S. manufacturing jobs. Helping Wal-Mart succeed fits our mission perfectly."
The new program provides direct, personal access to 35 manufacturing trade associations, companies, banks, U.S. Commerce Department offices and other groups. Each group has assigned dedicated resources to help companies develop and implement plans to produce or source more domestically produced goods. The program launch was coordinated with Wal-Mart's Open Call and U.S. Manufacturing Summit in Bentonville, AR, which was attended by the U.S. Commerce Secretary, two governors and current and prospective suppliers.