Foreign companies have been "on-shoring" in the United States for years.
Foreign automakers built more than 3 million cars at 16 facilities in the United States in 2011 with 70 percent of Japanese cars sold in the U.S. made in North America.
Announcements of acquisitions or new plants in the U.S. are made almost every day by a non-U.S. companies, like Airbus, Siemens, Lenovo, Infosys, Ikea, and Foxconn.
Indeed, foreign companies employ nearly 6 million Americans, account for 13 percent of manufacturing jobs and about 18 percent of exports.
Stories of foreign investment in the U.S. have been matched in the past few years with the "re-shoring" of overseas work back to the U.S.
Iconic American companies like Apple, Google, Caterpillar, Ford, Emerson, GE, and Intel are adding plants and jobs in the U.S. or North America.
The decisions are driven by some of the economic trends noted earlier (competitive overall cost for U.S. markets, desire to "make" not "buy" and integrate corporate functions for innovation close to customer).
http://www.theatlantic.com/business...ying-about-offshoring-and-outsourcing/274388/
Foreign automakers built more than 3 million cars at 16 facilities in the United States in 2011 with 70 percent of Japanese cars sold in the U.S. made in North America.
Announcements of acquisitions or new plants in the U.S. are made almost every day by a non-U.S. companies, like Airbus, Siemens, Lenovo, Infosys, Ikea, and Foxconn.
Indeed, foreign companies employ nearly 6 million Americans, account for 13 percent of manufacturing jobs and about 18 percent of exports.
Stories of foreign investment in the U.S. have been matched in the past few years with the "re-shoring" of overseas work back to the U.S.
Iconic American companies like Apple, Google, Caterpillar, Ford, Emerson, GE, and Intel are adding plants and jobs in the U.S. or North America.
The decisions are driven by some of the economic trends noted earlier (competitive overall cost for U.S. markets, desire to "make" not "buy" and integrate corporate functions for innovation close to customer).
http://www.theatlantic.com/business...ying-about-offshoring-and-outsourcing/274388/