What is reshoring?
Reshoring, also called onshoring, is a growing trend in America where those companies who sent production offshore are now reversing that decision, building factories or updating and reopening existing factories, and bringing production back to the United States. This is an efficient way to reduce imports, increase exports and regain manufacturing jobs in the United States."Reshoring brings back desirable jobs that have been lost to decades of offshoring. Reshoring also helps manufacturers recover from offshoring's poor quality, trade secret thefts, supply chain disruptions and lengthy delivery times -- all while staying cost competitive.
It's also the fastest and most efficient way to strengthen the U.S. economy.
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