by closeshoring | Jan 25, 2021 | Uncategorized
President Biden’s nominee for treasury secretary, Janet Yellen, said Thursday that the president’s “offshoring tax penalty” would incentivize U.S. companies to “create and maintain jobs at home.” The tax...
by closeshoring | Jan 21, 2021 | Uncategorized
FDI Markets found that in 2020, reshoring accounted for more job growth than foreign direct investment (FDI), with 69,000 manufacturing jobs reshored compared to 42,000 roles created through FDI. The pandemic has accelerated this trend as companies look to...
by closeshoring | Jan 18, 2021 | Uncategorized
The coronavirus crisis snarled global shipping in early 2020, as borders closed. Industry experts expected shipping to stabilize as vessels returned to position. A year after the pandemic started, the shipping crisis has become much worse. Standard container rates on...
by closeshoring | Jan 16, 2021 | Uncategorized
Waller County, TX is located about an hour’s drive west of downtown Houston. The Waller County Economic Development Partnership (WCEDP) understands global opportunities and their leadership has positioned the county to benefit from a wave of...
by closeshoring | Jan 12, 2021 | Uncategorized
LOCALIZED PRODUCTION / TRANSFORMING SUPPLY CHAINS Most notably, the pandemic made manufacturers realize the benefits of localized production and its ripple effects of mitigating supplier risks, improving efficiency and ensuring delivery of raw materials. The larger...
