As offshoring becomes more expensive due to the higher costs of shipping an international infrastructure, more companies are making plans to expand their manufacturing operations at home.
New tariffs, taxes, and employee salary and benefits laws are greatly diminishing the advantage of manufacturing in China, according to a new report by AlixPartners.
Clare Goldsberry reports, "Gone are the days when OEMs could realize 30 to 50 percent cost savings in manufacturing their products, which today gives companies pause when they consider whether it makes more sense to manufacture in the United States. To develop its index, AlixPartners looked at the relative costs for a market basket of parts over the past three years, and the results showed that China, once the lowest-cost supplier for this market basket, dropped to third in LCC rankings, behind second-ranked India and the new number one, Mexico."
FULL STORY: Bringing Manufacturing Back to the United States
New Master Plan Envisions Brooklyn Navy Yard as Next-Gen Manufacturing Hub
Brooklyn Navy Yard Development Corporation's master plan for the site is a $2.5 billion bet that high-tech manufacturers can be enticed back to New York, bringing with them the economic heft to transform the whole area.
The de Blasio Administration Stays Firm on Waterfront Rezonings
Despite its ambitious housing targets, the de Blasio Administration isn't willing to sacrifice more of its prime industrial spaces, and the jobs they bring, in the name of residential development.
The Synthesis of Creativity and Manufacturing
Tom Vanderbilt argues that manufacturing will never disappear from our cities, because the creative class will always seek small-scale industry to make their ideas a reality.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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EMC Planning Group, Inc.
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Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service