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Rising Wages, Acknowledgment of Hidden Costs Bring Manufacturing Back to U. S. Shores

Publisher: North American Die Casting Association
Overview:
Highlighting the resurgence of manufacturing in the United States, this paper discusses the factors behind this trend and examines the impact of the reviving domestic production on the die casting industry. It throws light on a recent survey of 252 NADCA (North American Die Casting Association) members, in which 23 percent reported that they gained business from offshore competitors last year. The paper concludes that in order for U.S. based companies to maintain their manufacturing leadership, the country will need to develop a more coherent manufacturing strategy and remove some of the competitive barriers affecting domestic operations.
TABLE OF CONTENTS
1.The Importance of Manufacturing3
2.Factors Influencing Onshoring4
3.Hidden Costs Continue5
4.Impact on Die Casting6
5.Domestic Manufacturing's Future7
6.Figures
6.1.Die Casting Business Gained (2011)7
6.2.Why Die Casting Business Gained (2011)7
6.3.Why Die Casting Business Loss (2011)7
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