Reshoring Initiative Accomplishments

1. Impact:

a. Recognition by the U.S. Commerce Department’s Chief Economist for its foundational role in launching reshoring.

b. Job flow has gone from offshoring net about 220,000 manufacturing jobs/year in 2003 to break-even in 2014 and 2015.

c. 1,500+ users of TCO Estimator to make better sourcing decisions. d. Convinced the U.S. Dept. of Labor to revise its website to be more supportive of training the skilled workforce needed for reshoring.

e. Helped one contract manufacturer save a $2 million order vs. Chinese imports by using the TCO Estimator.

2. Visibility:

a. Inducted into Industry Week’s Manufacturing Hall of Fame.

b. Won the Manufacturing Leadership Council’s Industry Advocacy Award in 2014

c. Quoted in WSJ, Financial Times, Bloomberg, Business Week, USAToday, New Yorker, Forbes, Industry Week, Voice of America, NPR, CNN Money, Politico, Market Place and hundreds more newspapers and industry magazines.

d. Participated in Pres. Obama’s Insourcing Forum and testified to Congress.

e. Presented with consistently high ratings to about 500 groups. Industry associations and societies include: ABMA, ACCCI, AEM, AFS, AGMA, AMBA, AME, AMT, APICS, AWPA, CA Metals Coalition, CMA, CSCMP, EANNA, ERA, FMA, HTI, IEDC, IFI, ISM, IPC, IQPC, MPIF, NAAMM, NADCA, NAHAD, NAM, NAW, NDIA, NJTMA, NTMA, PCA, PMA, RIA, SIOR, SFA, SMA, SME, Southern Textile Assoc., SPE, SPI, TMA, UEDA, USCTI, VMA, WHMA, WMMA.

3. Deliverables:

a. Reshoring Library: Established the only reshoring and FDI (Foreign Direct Investment) database. 800 reshoring and FDI companies, 3,200 articles, searchable.

b. Total Cost of Ownership Estimator™: Used by companies to make sourcing decisions and by suppliers as a sales tool vs. imports.

c. Economic Development Program: Implemented by Pennsylvania and Mississippi to motivate local companies to reshore.

d. Resources for Retail Suppliers: Help for companies to decide what to reshore, how to reduce costs, find components, get financing, etc. AMT, SPI and FMA are included as resources.

e. Skilled Workforce Programs: Inexpensive, simple programs for recruiting more and more qualified skilled manufacturing trainees. Some are primarily local, others national.

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