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.
Florida Considers Legalizing ADUs
Current state law allows — but doesn’t require — cities to permit accessory dwelling units in single-family residential neighborhoods.
HUD Announces Plan to Build Housing on Public Lands
The agency will identify federally owned parcels appropriate for housing development and streamline the regulatory process to lease or transfer land to housing authorities and nonprofit developers.
Has President Trump Met His Match?
Doug Ford, the no-nonsense premier of Canada's most populous province, Ontario, is taking on Trump where it hurts — making American energy more expensive.
OKC Approves 7.2 Miles of New Bike Lanes
The city council is implementing its BikeWalkOKC plan, which recommends new bike lanes on key east-west corridors.
Preserving Houston’s ‘Naturally Occurring Affordable Housing’
Unsubsidized, low-cost rental housing is a significant source of affordable housing for Houston households, but the supply is declining as units fall into disrepair or are redeveloped into more expensive units.
The Most Popular Tree on Google?
Meet Rodney: the Toronto tree getting rave reviews.
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