Manufacturing jobs return from abroad

May 22, 2013 | 02:27 PM | Samuel Frizell

Tags  Harry Moser, Reshoring Initiative, offshoring, manufacturing, Thomas Danjczek, Steel Manufacturers Association, production costs, Samuel Frizell

NEW YORK — U.S. manufacturers have on aggregate stopped offshoring U.S. jobs as domestic production gets comparatively cheaper than producing goods abroad, according to Harry Moser, president and founder of the Reshoring Initiative.

"We’re not saying offshoring has stopped, but ... reshoring has started," he told AMM. "We believe that the offshoring and reshoring are approximately in balance—that the number of jobs being offshored and the number of jobs being reshored are about even."

A number of original equipment manufacturers (OEMs) have brought jobs back Stateside from abroad since the recession.....





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