GE brings manufacturing back
- Oil prices and labor costs are just two factors tipping the scales in favor of American companies, like GE, bringing manufacturing back home. “Jobs are coming back not for a single, simple reason, but for many intertwined reasons—which means they won’t slip away again when one element of the business, or the economy, changes.” More »
Apple follows suit
- Just as rumors arose that Apple might replace Samsung with Intel for its iPhone processors, new iMac PC’s arrived to customers last weekend bearing the words “Assembled in the USA,” fueling speculation that Apple’s making larger Made In USA moves. More »
- Apple CEO Tim Cook confirmed Thursday that one of Mac’s existing products will be 100% made in the U.S. in 2013. “We could have quickly maybe done just assembly, but it’s broader because we wanted to do something more substantial. So we’ll literally invest over $100 million.” More »
While reports remain mixed
- American manufacturers are holding back on ramping up. Worried that tax increases and spending cuts in January will slow the economy, the industry’s equipment purchases and new hires have reached a three-year low. More »
- China used to be the go-to for efficient manufacturing, but as technology changes the development process the U.S. might have the better climate for production. “New tools that greatly speed up development from idea to finished product encourage start-up companies to locate here, not in Asia.” More »
