by closeshoring | Nov 29, 2020 | Uncategorized
Taiwan-based consumer electronics makers Foxconn and Pegatron are seriously considering establishing new manufacturing facilities in Mexico to mitigate risks related to the trade war and pandemic. According to multiple sources, the companies are considering Northern...
by closeshoring | Nov 26, 2020 | Uncategorized
Rapid Robotics, creator of the first ready-to-work robotic machine operator, has received $5.5M in seed funding from Greycroft and Bee Partners. With the first affordable robotics solution for executing simple machine operator tasks, Rapid is helping US manufacturers...
by closeshoring | Nov 25, 2020 | Uncategorized
Federal support for reshoring to the USA of manufacturing and supply chains has been seriously discussed in Washington D.C. Some companies have already started reshoring without any government support. Others may need some direct financial support from the government,...
by closeshoring | Nov 21, 2020 | Uncategorized
A recent survey by Supply Chain Dive indicated that 64% of manufacturers expect reshoring to be one of the most likely consequences of COVID-19. Boeing outsourced the manufacturing of many components of its 787 airliner to suppliers in Italy, Sweden, China,...
by closeshoring | Nov 18, 2020 | Uncategorized
American lawmakers in June proposed billions of dollars in subsides to help bolster advanced semiconductor manufacturing in the United States. Most of the world’s advanced semiconductors are manufactured in Taiwan and Taiwan Semiconductor Manufacturing Co (TSMC)...