31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats
GlobalTranz
JUNE 23, 2015
Since 2005, U.S. Foxconn, for example, announced plans to reshore in Pennsylvania, investing $40 million for a mostly automated plant. Overall, from 2001 to 2008 average Asian wages increased 7.1-7.8%, 7.8%, and currently meet or exceed U.S. manufacturing wages have dropped 2.2%. With wages rising abroad, automation , a.k.a.
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