Author: Art Anderson

For decades, companies across industries would seek out manufacturing possibilities around the world – taking advantage of less expensive labor, cheaper rents, and relaxed regulations. However, over the last 10 years or so, the tide has begun to turn, and companies are gradually bringing back more of their manufacturing operations to the U.S. There are several reasons driving this shift including the shrinking delta in labor costs between U.S. vs. overseas locations, rising transportation costs, IP theft, and several others. But severe supply chain disruptions during the pandemic, which resulted in shortages of supplies coming from overseas, mostly due to…