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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

for example, compared to shipping state-to-state. For example, Chinese wages have increased 320% since 2000. Overall, from 2001 to 2008 average Asian wages increased 7.1-7.8%, Foxconn, for example, announced plans to reshore in Pennsylvania, investing $40 million for a mostly automated plant. energy costs have dropped.

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The 5 Benefits of Virtual Reality in Manufacturing

GlobalTranz

Manufacturers can see what’s going on, review how workers’ responsibilities could be changed, and determine if the changes would save the manufacturer money, a key point in a 2001 publication on virtual reality. For example, QA applications of virtual reality may include periodic review of products as they’re being created.

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[INFOGRAPHIC] The History of Shipping Containers

GlobalTranz

Early examples of intermodal containers include railroads from 1830s (various sized containers), and Pennsylvania Railroad regular container service (1929). Example of the massive decrease in dock workers as a result of containerisation. Example of the increasing coordination between seaports as a result of containerization.

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[INFOGRAPHIC] Attracting Millennials to Manufacturing: Understanding Millennial Experience in Order to Gain Talent

GlobalTranz

In 2001, millennials saw the destruction of both towers of the World Trade Center, and the passion for keeping America strong was born. For example, a position as a welder, which may be involved in manufacturing, sounds much more lucrative as a “metal repair shop” than a “mass-production manufacturer.”

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