Near-Shoring Hurting China, Helping Small U.S. Manufacturers
Small Business Labs
SEPTEMBER 17, 2015
Automation, which favors highly skilled labor. We first noticed the shift to bringing some manufacturing back to the US in 2007. The article lists 4 main drivers of the shift to near-shoring: Lower US energy prices. Higher Chinese labor costs. Supply chain risk is greater the longer the supply chain.
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