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1122 search results for: reshoring initiative

541

More Manufacturers Looking To Re-Shore Back To U.S.

Frank Krejci, president and CEO of Strattec Security Corp.   Master Lock LLC, Caterpillar Inc., General Electric Co. and Whirlpool Corp. have all re-shored products back to the U.S., but more manufacturers are starting to lay the groundwork to come back home, according to a presentation by Deloitte Development LLC. The reason — U.S. manufacturing labor costs have remained flat […]

542

For Port Authority Projects, Sweeney Wants Made in USA Steel

A bill introduced by state Senate President Stephen Sweeney would require Port Authority projects to use domestic steel. The agency was criticized last fall for allowing a combination of Chinese and American steel to be used on the Bayonne Bridge roadway project. Since then the contractor has switched from Chinese to Italian steel. (John Munson/The […]

543

U.S. Manufacturing Becoming Low Cost

U.S. manufacturing becoming low cost over the past decade compared with factories in China, Brazil and most of the world’s other major economies. So says a new private study, which found that rising wages and higher energy costs have diminished China’s long-standing edge over the United States. So has a boom in U.S. shale gas […]

544

We Need To Save The Internet

We need to save the internet.Comcast, AT&T, and Verizon want to control what we can and cannot do online — and they’re about to get their wish. Their lobbyists and lawyers have taken over the FCC — the agency meant to keep them in check. Now, the former lobbyist running the FCC is about to announce new rules […]

545

U.S. Businesses Being Destroyed Faster Than Being Created

The American economy is less entrepreneurial now than at any point in the last three decades. That’s the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978. Not only that, but during the most recent three years of the study — 2009, […]

546

The Hidden Weakness in This Month’s Jobs Report

The good news from the April jobs report is that the recovery is the same as it’s always been. The bad news is that, well, the recovery is the same as it’s always been — and some workers are giving up as they realize that. As you may have noticed, this winter was pretty cold. So cold, […]

547

U.S. Economy Adds 288,000 Jobs in April; Jobless Rate falls to 6.3%

New government data released Friday morning showed the nation added 288,000 jobs in April, a reassuring sign that the U.S. economy has picked up momentum since stalling out over the winter. The hiring spree surpassed most analysts’ expectations and is the strongest showing in more than two years. Businesses added workers across a broad array of […]

550

Polo Ralph Lauren Clothing Line to be Made in Rochester

Before a throng of cheering Hickey Freeman Co.employees, company officials and Sen. Charles Schumer Monday announced a $1 million manufacturing deal with Polo Ralph Lauren and declared that there are more such deals to come. “We’re no longer interested in survival,” said Stephen Granovsky, CEO of Toronto-based Grano Retail Holdings, which bought the famed Rochester clothing company last […]

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