The latest Wall Street Journal: Kamala Lifts NJ Hat Maker
It was looking like a bad political swag season. And then President Biden had a terrible debate. Unionwear owner Mitch Cahn, feeling down about the state of his political sales this election cycle, first had a sense that his fortunes might turn…
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Reshoring is great. Sometimes nearshoring, or friendshoring, is also a good option
Supply Chain Brain has another great article on the benefits of nearshoring. While we at Unionwear prioritize reshoring manufacturing back to the USA, sometimes nearshoring, or friendshoring, is a good option as well. This is because bringing manufacturing closer to…
Read More77% of supply chain orgs plan to prioritize sustainability in supply chain
Supply Chain Brain cites a new report saying 77% of supply chain organizations claim to currently prioritize sustainability, or to have plans to prioritize it, in the coming year. Moreover, 8 in 10 supply chain organizations currently have sustainability efforts underway.…
Read MoreReport: nearly 64% of the CEOs say they are reshoring or nearshoring their operations or are planning to
According to Manufacturing.net, a new Xometry poll, produced in concert with Forbes and Zogby, “reveals nearly two-thirds (64%) of the CEOs say they are currently reshoring or nearshoring their operations or planning to.” This momentum from manufacturing leadership dovetails with consumer…
Read MoreTaiwan chip maker is upping its US investment from $12B to $40B
This is unambiguously good news. According to The Hustle, Taiwanese chip maker Taiwan Semiconductor Manufacturing Company is upping its US investment in Arizona from one $12B plant to $40B across two plants. “This is an incredibly significant moment,” said Apple CEO…
Read MoreIs the US ready for reindustrialization?
IndustryWeek has an article about something we are seeing quite a bit: the US needs to prepare for reindustrialization. This is happening for many reasons. Supply chain issues surrounding the pandemic is one. Russia’s invasion of Ukraine and Chinese President…
Read MoreWorkforce Skills Gap Threatens Reshoring of Supply Chains Critical to U.S. Economic and National Security
One trend we can foresee at Unionwear is, when companies reshore to the US, they will find we have a major skills gap. We aren’t the only ones either. According to this article from Casting Source, unpredictable global disturbances spotlighted…
Read MoreManufacturers must modernize for reshoring to stick
American Machinist has an article which we at Unionwear agree with for reshoring to stick, manufacturers need to modernize. For decades, U.S. manufacturers reaped considerable production-cost savings by moving their operations offshore, primarily due to the low cost of foreign…
Read MoreAmerica’s factory boom continues, as manufacturing adds 32,000 new jobs in October
The Alliance for American Manufacturing recently sent a press release saying American factories added 32,000 new jobs in October. Here’s the text of the release: ——————– Manufacturing added 32,000 jobs in October, according to data released by the…
Read MoreMaersk designed a more resilient supply chain. Here’s how
Harvard Business Review has a great article on how Maersk designed their supply chain to be more resilient. They accomplished this by taking a systems approach to innovation — one that is aligned to the enterprise strategy, solves relevant problems…
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