Why Made in America is Back

If you can make it here, why don’t you make it here?

It is a straightforward question which America’s industries are coming face to face with in 2013. There once was a time when a vast majority of manufactures in the U.S. fled the country for the cheaper labor and deals offered by Central America and Asia. The exodus devastated many American towns and cities. Manufacturing hubs like Detroit, Cleveland, and Louisville found themselves stripped of jobs, factories, and pride. Recently the trend of outsourcing has been slowly but surely reversing itself, as seen in this recent article. The factors for this much-needed switch are as varied as the reasons companies left in the first place. They include:

  • The Natural-Gas Boom and Oil Prices

Oil prices have skyrocketed internationally, while the U.S. has moved closer to a level of energy independence unimaginable a decade ago. This has made shipping costs spike, and has made it easier to open energy-intensive factories in the U.S.

  • Labor Costs

According to J.P Morgan, in 2000 Mexican manufacturing workers cost 3x as much as Chinese. Now the cost is almost equal. While these costs are still much lower than the U.S., you also have to factor in the aforementioned shipping costs, along with intellectual property and regulatory costs. The profits from offshoring shrink as every day passes, as evidenced in this article.

  • Quality

We like to believe that things made in America are in general of better quality. However, what we really mean by quality is that you have access to a pool of workers with better training and educational backgrounds. Additionally, more companies are finding that putting R&D facilities near production speeds up innovation.

While there are even more specific reasons for the increase in reshoring, the bottom line is just that…the bottom-line. In the end, manufacturers had to see that the move back to America was going to be cost and quality effective. In the end reshoring is a matter of national security; in order to regain our place as the economic powerhouse, we must be less reliant on others to make the things we buy everyday.

4,679 thoughts on “Why Made in America is Back”

  1. naturally like your web-site but you have to check the spelling on quite a few of your posts. Several of them are rife with spelling problems and I in finding it very bothersome to inform the truth then again I’ll surely come back again.|

  2. Pingback: meritroyalbet
  3. Pingback: meritroyalbet
  4. Pingback: madridbet
  5. Pingback: meritroyalbet
  6. Pingback: makrobet
  7. Pingback: makrobet
  8. Pingback: slot siteleri
  9. Pingback: arzbet
  10. I have been browsing online more than 3 hours these days, yet I by no means discovered any fascinating article like yours. It is beautiful worth enough for me. In my opinion, if all site owners and bloggers made excellent content material as you probably did, the web might be a lot more helpful than ever before.|

  11. I am now not sure the place you’re getting your information, but great topic.
    I must spend a while studying much more or figuring out more.
    Thanks for magnificent information I was in search of this info
    for my mission.

  12. I have been surfing online more than 3 hours today, yet I never found
    any interesting article like yours. It is pretty worth enough for
    me. In my view, if all site owners and bloggers made good content as you did, the web will be much more useful than ever before.

  13. I’ve been browsing on-line more than 3 hours today, but I by no
    means discovered any fascinating article like yours.
    It’s lovely value enough for me. In my view, if all web owners and bloggers made just right content as you probably did, the net might be much more useful than ever before.

  14. Howdy! This is kind of off topic but I need some advice from an established blog.

    Is it difficult to set up your own blog? I’m not very techincal but I can figure things out pretty fast.

    I’m thinking about setting up my own but I’m not sure where to start.

    Do you have any ideas or suggestions? Appreciate it

  15. Its such as you learn my mind! You seem to grasp so much approximately this, like you wrote the ebook in it or something.
    I think that you just can do with some % to force the message home a
    little bit, but instead of that, this is great blog.
    A great read. I will definitely be back.

  16. Hey there! I’ve been following your web site for a
    long time now and finally got the courage
    to go ahead and give you a shout out from Lubbock Tx!
    Just wanted to tell you keep up the fantastic job!