Reshoring

With potential tariffs, real worker shortages and rising geopolitical risks, forecasting the impact of a second Trump administration on reshoring in the United States is difficult, one group says.

Federal spending is helping to fuel growth in manufacturing jobs, according to the Reshoring Initiative, which says 2023 marked the second-biggest increase in demand for workers due to reshoring and foreign direct investments.

Injection molding machine makers are investing to localize production, research and development to serve global customers nearby instead of relying on exports.

If you want to convince businesses to reshore manufacturing, you're going to need more than a patriotic slogan, says Harry Moser, founder of the Chicago-based Reshoring Initiative.

Harry Moser has been around the manufacturing business long enough to watch an idea he once pioneered — reshoring — go from a fringe concept to an almost universally accepted article of faith in the industry.

Texas Injection Molding LLC is expanding again, this time adding 24,000 square feet of new warehouse space to a building that opened in 2021.

VasanthaTech USA gives the company a foothold in North America as it eyes a long-term goal to build molds in the U.S.

A study released in late 2022 further centered the Buckeye State as a plastics production hub, as importing materials from overseas is no longer a bottom-line benefit for most companies.