Reshoring Recommendations for the Federal Government, especially Department of Commerce

Executive Summary

The economic bleeding due to increasing offshoring has stopped.  The rate of new reshoring is now equal to the rate of new offshoring.  The challenge is now to reshore the 3 to 4 million manufacturing jobs that are still offshored. Recent reshoring announcements and successes by Apple, Caterpillar and GE and analysis of the economics of reshoring suggest that we could raise the net reshoring rate from the current zero jobs/year to 50,000.  For the U.S. to achieve its full reshoring potential requires a continuation of offshore cost trends, improvement in U.S. competitiveness and changes in companies’ sourcing decision metrics.  The U.S. government can influence all of these factors with minimal expenditure to achieve the 2016 scenario shown below.

	Manufacturing Jobs / Year
	2003	2013	% Change	Feasible 2016
New offshoring *	~150,000*	30-50,000*	- 70%	20,000
New reshoring	2,000*	30-40,000**	+ 1,500 %	70,000
Net reshoring	-148,000	~0	-100%	+50,000

        *Estimated / ** Calculated

HARBEC Plastics Inc. Discusses Reshoring Success

Reshoring American Manufacturing – its comeback, its importance and its value

HARBEC Plastics Inc. was established in 1977 as a contract Tool and Die/general machine shop. Its founder, Bob Bechtold, understood that opportunities existed in that market for innovative solutions and problem solving. Today, through implementing state-of-the-art technologies and offering an array of manufacturing solutions in one U.S. location, HARBEC offers customers the opportunity to reshore their manufacturing. Founder Bob Bechtold discusses why he supports the reshoring trend:

Reshoring Initiative February 2014 Newsletter

Expanding Horizons

The Reshoring Initiative is succeeding in both of its goals: to increase awareness and to implement action and change.

Since the December 2013 Newsletter, we have been contracted to advise on implementing reshoring strategies for Mississippi and Pennsylvania and for two large corporations.

In addition, Harry Moser was added to the editorial advisory board of Product Design & Development and to Ask the Experts at Industry Week.

On Sept 9, 2013, Harry Moser was one of the lead ins for Jay Leno at Dematic's Material Handling and Logistics Conference. That morning he presented "Welcome Back! - America Rethinks Its Offshoring Strategies."

Harry will be speaking in a Deloitte Reshoring Dbrief. Deloitte, one of the top audit and consulting firms, is anticipating 1,500+ attendees for this free webinar.