Reshoring a keynote theme at Amerimold

06/25/2012

It seems that the hot topic of just about every convention these days is reshoring, and the recent Amerimold trade show and conference was no different. Harry Moser, founder of the Reshoring Initiative, gave the introductory keynote presentation to provide the latest on manufacturing's return to the U.S.

Labor costs in China, which were the primary driver for offshoring manufacturing a decade ago, have risen and narrowed the gap between China and the United States with respect to total manufacturing cost. In fact, Moser projects that labor costs between China and the U.S. will converge in 2015, thus reportedly negating any labor cost advantage that Chinese moldmakers have had over the U.S. in the past....
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