Reshoring is Surging – How your Company can Benefit
For decades, the U.S. lost 10,000s of businesses and millions of jobs to offshoring. The resulting broad hollowing out of U.S. manufacturing weakens our ability to ramp defense materiel production.
It is now clear that shorter supply chains are lower risk and are more profitable for OEMs for 20 to 30% of products that are now imported. Almost 2 million jobs have been announced reshoring since 2010. Geo-political risks add further motivation. Find how to accelerate and benefit from the trend.
What is Reshoring?
Reshoring is the practice of bringing manufacturing and services back to the U.S. from overseas. It’s a fast and efficient way to strengthen the U.S. economy because it helps balance the trade and budget deficits, reduces unemployment by creating good, well-paying manufacturing jobs, and fosters a skilled workforce. Reshoring also benefits manufacturing companies by reducing the total cost of their products, improving balance sheets, and making product innovations more effective.
The Reshoring Initiative is focused on helping companies shift collective thinking from “offshoring is cheaper” to “local reduces the total cost of ownership.”
Webinar Topics Include:
- Identifying the components and products most eligible to reshore.
- Quantifying the costs and risks of offshoring, the benefit of reshoring.
- Finding companies that import what you make. Sell to them.
- How to convince companies to reshore and buy from you.
- How to justify automation to achieve needed competitiveness
- How to strengthen skilled workforce recruitment
This No-Cost Training Event is Hosted by
Northwest Texas APEX Accelerator Centers
NW Texas APEX Accelerator Center (formerly PTAC) provides training & technical assistance AT NO CHARGE to businesses interested in contracting with federal, state & local governments. We are is funded in part through a cooperative agreement with the U.S. Department of Defense (DOD) & Texas Tech University (TTU).
Registration Cost: FREE
Location: Virtual (Zoom Webinar)
Event Contact: Northwest Texas APEX Accelerator
P: (806) 742-7822
This No-Cost Training Event is Co-Hosted by
Norcal APEX Accelerator
Northern California APEX Accelerator is a government-funded nonprofit formed to help small businesses find, bid on, and win contracts with federal, state, local, and tribal agencies.
National APEX Accelerator Alliance
The National APEX Accelerator Alliance provides a network that allows any APEX Accelerator counselor almost instant access to the expertise and experience of over 500 colleagues, as well as real-time information from government agencies regarding new requirements and initiatives.