October 31st, 2018 - McLean, VA — Four leading manufacturing associations have announced the Second National Reshoring Award. Companies that have successfully reshored products, parts or tooling made primarily by metal forming, fabricating, casting or machining, including additive manufacturing, are invited to apply. AMT (The Association For Manufacturing Technology) and NTMA (National Tooling and Machining Association) are pleased to join the inaugural sponsors of the Award, the Reshoring Initiative and PMA (Precision Metalforming Association) in hosting this competition.To be eligible for the award, the work must have been reshored between January 1, 2013, and December 31, 2018, from outside North America to North America. A complete definition of reshoring is available here. Applications must be submitted by January 31, 2019. To view award details and enter to win, visit www.amtonline.org/reshoringaward. “In 2017 about 170,000 U.S. manufacturing jobs were announced to come back from offshore, up 2,800% from 2010,” said Harry Moser, founder and president of the Reshoring Initiative. “We anticipate that this award will motivate more companies to reevaluate their offshoring and see that it is often more profitable to produce or source domestically. We also hope that other associations will choose to support similar awards to show that their industries are now successfully reshoring.” Questions about the National Metalworking Reshoring Award can be directed to Harry Moser at 847-867-1144 or email@example.com. The awards will be presented in Tucson, AZ, on March 8, 2018, at the MFG Meeting. ###
The Reshoring Initiative, founded in early 2010, helps manufacturers realize that local production, in some cases, reduces their total cost of ownership of purchased parts and tooling. The Initiative also trains suppliers on how to sell against lower-priced offshore competitors.PMA, an inaugural sponsor of the National Reshoring Award, is the full-service trade association representing the North American metalforming industry—the industry that creates precision metal products using stamping, fabricating, spinning, slide forming and roll forming technologies, and other value-added processes. Its nearly 900 member companies also include suppliers of equipment, materials and services to the industry. AMT - The Association For Manufacturing Technology represents U.S. builders and distributors of manufacturing technology – the advanced machinery, devices and digital equipment that U.S. manufacturing relies on to be productive, innovative, and competitive. AMT acts as the industry’s voice to speed the pace of innovation, increase global competitiveness and develop manufacturing’s advanced workforce of tomorrow. NTMA is the voice for the precision manufacturing and tool and die industries in the United States. Backed by nearly 1,300 member companies, representing more than $30 billion in sales, NTMA provides an array of benefits to members and the industry including advocacy in Washington, training and education programs and networking events nationwide.