RESHORING INITIATIVE ANNUAL ACTIVITY AND ACCOMPLISHMENT SUMMARY: 2013

1.              1.  Reshoring Trend:

a.     This table gives a good overview of the trends in reshoring and offshoring.   Reshoring and offshoring are now about in balance.  The bleeding has stopped.

	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

The Reshoring Initiative Offers a Skilled Workforce Development Program

We believe that the key to skilled workforce development is motivating a higher quantity and quality of recruits.  The Reshoring Initiative recommends the high impact-minimal cost skilled workforce development programs outlined below and is seeking communities interested in implementing these programs.

Use a Focused Reshoring Program for Economic Develpment

The Reshoring Initiative recommends the high impact-minimal cost economic development program outlined below and is seeking regions interested in developing this opportunity.

Reshoring Initiative Winter 2013 Newsletter

Reshoring Initiative to Help Mississippi Reshore

The Reshoring Initiative is a partner with Mississippi State University in a $1.9 million award from the Make it in America Challenge, a $20.5 million federal fund to promote reshoring, job creation, and training. We will be speaking, consulting and training on reshoring and skilled workforce development. The MSU grant will be used to:

• Link small manufacturers into the supply chains of larger manufacturers.
• Engage more than 100 advanced manufacturers to prioritize reshoring and other related supply chain opportunities.
• Promote private and foreign investment, job creation and retention.
• With cooperating advanced manufacturers, establish an internship program that will fund 276 internships with a targeted 85 percent placement rate.

Why the World’s Largest Manufacturer of Musical Instrument Accessories Elevated its Domestic Manufacturing to 95%—and Plans to Keep Going

When asked why D’Addario & Co, the world’s largest manufacturer of guitar strings and other musical instrument accessories, is always searching for new reshoring opportunities, its president, John D’Addario III, can quickly pull from a seemingly bottomless supply of reasons.

“Rising labor costs in Asian factories, freight costs…I could go on and on,” remarked Mr. D’Addario. But his reasons for reshoring extend far beyond the typical glut of offshoring issues. When offshoring problems combine to form complex and costly multi-layered challenges, reshoring often provides the most elegant and effective solutions.

Reshoring in the Netherlands

Bringing back production from China

A lot of companies once offshored their production to countries with low wages like China. Today, there is a movement going against this offschoring. “Bring back production jobs and help the disabled on the labour market” says labourmarket specialist Martin Verduyn.

Reshoring Initiative September Newsletter

We are Looking for Partners

The Reshoring Initiative is looking for partners to help in the following areas:

• Additive Manufacturing – We are looking for cases of companies that have used additive manufacturing (3D printing) to produce reshored parts. OEMs and contract manufacturers are both encouraged to submit their cases. Please submit your case study online. 

• U.S. Politicians – We are seeking the support and involvement from both political parties to help spread the word and make the United States the best country for manufacturing. A broad range of politicians' offices have already contacted us, including: Senators Durbin (IL) and Gillibrand (NY), Congressman Schneider (IL), and Chicago Mayor Rahm Emanuel. If you have connections with any U.S. Representatives or Senators that might be interested, please send them to us at info@reshorenow.org.