(David Falchek – Citizen’s Voice)
As production cost in Asia increase and American firms emerge from the recession smarter and more efficient, more companies are looking back at the U.S. for goods or parts.
The economic forces at play challenge the entrenched notion that Asia is the lowest cost option for goods or equipment.
The Northeastern Pennsylvania Industrial Resource Center, in cooperation with other economic development groups is hosting a series of “reshoring” seminars starting Nov. 5 at the Holiday Inn in Wilkes-Barre where they will make the case that after all costs are considered, it makes more business sense to source on shore from U.S. firms. Read more here.