Reshoring

A tax structure that promotes operating in the US could change the wave in this article into a tsunami.

“Some big U.S. companies report that they will soon be “reshoring” – returning production to technologically advanced rich countries. Global consulting firm Boston Consulting Group reported recently that one-third of U.S.-based manufacturers operating in China, companies with $1-billion in annual revenue, have confirmed plans to reshore part of their Chinese production; among bigger companies, those with $10-billion in revenue, the number rises to 50 per cent. BCG said reshoring will create as many as three million jobs in the U.S. by the end of the decade, and increase the country’s annual industrial production by $100-billion.”

Read the reason for this trend here: http://www.theglobeandmail.com/report-on-business/commentary/neil-reynolds/technology-spurring-a-new-manufacturing-revolution/article2426932/

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