CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

LATEST MAGAZINE

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

UNITED GRINDING North America backing Reshoring Initiative

Share This Post

UNITED GRINDING North America is sponsorship the Reshoring Initiative, a nonprofit organization dedicated to bringing good, well-paying manufacturing jobs back to the U.S.

They accomplish this by helping companies more accurately assess their total cost of manufacturing overseas and working to shift the collective thinking of management from “offshoring is cheaper” to “local reduces cost.”

There is a similar reshoring initiative established in Canada and called Reshoring Canada. Similar to its U.S. counterpart, it’s focused on bringing manufacturing back to Canada. Obviously there is great potential for partnerships between Canadian and U.S. based manufacturers.

“The case for reshoring manufacturing is more compelling than ever,” said Markus Stolmar, President and CEO of UNITED GRINDING North America. “Rising labor costs, increasing lead times, and the ongoing COVID-19 pandemic have highlighted the risks of relying on global supply chains. Additionally, tariffs and trade tensions, as well as a desire for improved quality control and faster response times to market changes, have made reshoring more attractive. That is why we are pleased to support the efforts of the Reshoring Initiative and help raise awareness of this important topic.”

Harry Moser, president of Rehoring Initiative says the organization is the leading voice in making the case to companies that it is often in their best interest to bring production back to the United States or keep existing operations here.

“Our mission is to reverse offshoring and bring five million manufacturing jobs to the U.S.,” Moser says.

According to Moser, the rate of reshoring job announcements has grown from 10,000 per year in 2010 to 350,000 per year in 2022.

“We are eager to assist our customers with finding new opportunities in this growing manufacturing trend and our relationship with the Reshoring Initiative will facilitate that effort,” said Stolmar.

Share This Post

Recent Articles




Wordpress Social Share Plugin powered by Ultimatelysocial
error

Enjoy this post? Share with your network