Two old names are getting a new lease on life. Ford Motor said Tuesday morning it would return the once wildly popular Bronco SUV to its line-up, along with a new version of the Ranger pickup truck. Read more
Fiat Chrysler Automobiles NV will invest $1 billion toward making three new Jeep models in the U.S., plus a Ram heavy-duty pickup now built in Mexico, as President-elect Donald Trump pressures the auto industry to hire workers and produce vehicles above the border. Read more
One of the nation’s best-known toolmakers, Stanley Black & Decker, said Thursday that it will move more manufacturing back to the U.S. from overseas, including construction of a new $35 million factory after acquiring the Craftsman brand from ailing retailer Sears Holdings. Read more
The world’s largest contract assembler of consumer electronics, including the Apple iPhone, says it’s in talks to invest in a US assembly, responding to Trump’s tweets to bring jobs home. Read more
It began as a ripple and is becoming a powerful wave. I’m talking about the reverse migration of manufacturing from China to the U.S.A. — known as reshoring — that appears to be gaining momentum.
“Made in America” isn’t just the name of a song anymore. Whether out of a sense of patriotism, a desire to help the American economy or the belief that U.S.-made products are of higher quality, consumers of everything from clothes to computers increasingly want to see a “Made in the USA” sticker on the items they buy. Read more
There’s a love affair happening with an unlikely type of real estate: America’s empty factories and warehouses. Read more
Manufacturing – Nine policies that could spark new growth in factory jobs and the economic benefits they bring.
Reshoring – For decades we have been shedding apparel-manufacturing jobs in addition to the entire ecosystem that goes along with them. However, the offshore wages that were once a fraction of U.S. labor costs are escalating. Shipping costs, coupled with long lead times, quality problems, and the intangible costs and risks of being far from customers are making offshore manufacturing and sourcing less attractive for apparel companies. Read more
Throughout the 2016 election cycle, one of presumptive GOP nominee Donald Trump’s most impassioned – and oft-repeated – promises should he move into the White House next year is the recovery of millions of jobs previously offshored to China, Mexico and elsewhere. Read more