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Why nearshoring makes sense.

Authors :
Donahue, Doug
Source :
Machine Design. 4/11/2013, Vol. 85 Issue 5, p42-42. 1p.
Publication Year :
2013

Abstract

The article discusses the highlights of a podcast conducted by Doug Donahue and Jason King, citing the advantages of nearshoring. The panelists noted that the global economics of manufacturing is moving in favor of North America's favor, rendering reshoring and nearshoring as viable strategies. They cite a 2013 AlixPartners' study showing lower manufacturing costs in Mexico, compared to China, putting the country in a strong position to attract manufacturers across a wide range of industries.

Details

Language :
English
ISSN :
00249114
Volume :
85
Issue :
5
Database :
Academic Search Index
Journal :
Machine Design
Publication Type :
Periodical
Accession number :
87081484