The landscape of manufacturing in America has undergone more significant changes than many of us in the industry care to remember. The recent past has been particularly painful, with economic downturns driving manufacturing overseas to take advantage of lower labor costs, and a generally depressed level of manufacturing activity becoming the norm.
However, there’s good news to share. The lower costs associated with reshoring are driving more local manufacturing activity; technological developments are drastically changing the way plants operate; and capital investments are on the rise.
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