A proposed overhaul of the U.S. tax code favored by Republicans in the House of Representatives is drawing fire from small-business owners who sell everything from toys to materials used in kitchen cabinets.
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Tag Archive for: Reshoring
Key iPhone assembler Hon Hai Precision Industry is mulling a joint investment with Apple topping $7 billion for a highly automated display facility in the U.S., Chairman Terry Gou said Sunday. Read more
General Motors today announced that it will invest an additional $1 billion in U.S. manufacturing operations. These investments follow $2.9 billion announced in 2016 and more than $21 billion GM has invested in its U.S. operations since 2009. Read more
Two old names are getting a new lease on life. Ford Motor said Tuesday morning it would return the once wildly popular Bronco SUV to its line-up, along with a new version of the Ranger pickup truck. Read more
Fiat Chrysler Automobiles NV will invest $1 billion toward making three new Jeep models in the U.S., plus a Ram heavy-duty pickup now built in Mexico, as President-elect Donald Trump pressures the auto industry to hire workers and produce vehicles above the border. Read more
One of the nation’s best-known toolmakers, Stanley Black & Decker, said Thursday that it will move more manufacturing back to the U.S. from overseas, including construction of a new $35 million factory after acquiring the Craftsman brand from ailing retailer Sears Holdings. Read more
The world’s largest contract assembler of consumer electronics, including the Apple iPhone, says it’s in talks to invest in a US assembly, responding to Trump’s tweets to bring jobs home. Read more
President-elect Donald Trump says he’ll personally call every company in America that plans to ship jobs overseas and ask them to reconsider. Read more
It began as a ripple and is becoming a powerful wave. I’m talking about the reverse migration of manufacturing from China to the U.S.A. — known as reshoring — that appears to be gaining momentum.
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Reebok is bringing some manufacturing capabilities to the United States as the athletic-gear maker unveiled plans to open a new manufacturing lab that relies on futuristic liquid material and 3D drawing. New manufacturing process uses liquid material. Read more
