Manufacturers Rethinking Foreign Shops

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February 16, 2016
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February 16, 2016
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Manufacturers Rethinking Foreign Shops

We knew it would be back; it was just a matter of how long and who would lead the way. We’re talking about the “Made in the USA” tag. A recent Reuters report suggests that U.S. manufacturers are poised to reinvest in domestic shops in a major way.

After years of waiting, American manufacturing is coming back as the country is quickly becoming the most affordable location for production, and that means beating out competitors such as China, where a strong Yuan is slowing manufacturing growth there.

The implications for the United States could be great. As the backbone of the U.S. economy, local manufacturing directly drives job growth. Already, Caterpillar, one of the leading manufacturers of construction equipment, has funneled resources into Illinois, Texas and Arkansas, and NCR Corp. has boosted its job force in Georgia by 870 to help produce ATMs.

As a leader in custom metal fabrication, we at National Metal Fabricators welcome any good news from the manufacturing front, and this certainly qualifies.