“Made in America”is making its way back

A recent study by the Boston Consulting Group says that the majority of large manufacturers are now planning or considering ‘Reshoring’ from China to the U.S.

Just a few years ago, it wasn’t unusual to hear about companies closing plants in the U.S.A. and moving to China. So what happened?

“Across the globe, and particularly in the U.S., the manufacturing sector is undergoing an evolution where innovation and manufacturing are merging, driving both product and process innovation. This is making industry more competitive and taking productivity and efficiency to levels never experienced before,” says Helmuth Ludwig, CEO of Siemens Industry Sector, North America.

By the way, Siemens in the U.S.A. employs 60,000 people, including over 12,000
employees dedicated to R&D and Engineering. Siemens has operations in over 800 locations in all 50 states and Puerto Rico.

Jerry