Re-shoring : Manufacturing back to North America


Who would have said ten years ago, when offshoring was at its peak, that today the trend would be as intense as back then but reversed?

"Re-shoring", also known as "backshoring" or "inshoring" is offshoring that has been brought back onshore.

It is such a strong movement that "The economist" did a long report on the subject.

Managers reported big losses related to high cost of massive amounts of stock hostage of shipping, greater-than-physical distance between design and production and low quality issues, the report reads.

Wages are a good reason too, as the report reads: "pay and benefits for the average Chinese factory worker rose by 10% a year between 2000 and 2005 and speeded up to 19% a year between 2005 and 2010" while they rose a mere 0.5% in developed countries.

Foam Creations is ready to support this trend and help American companies Reshore, with a development team ready to take on the most challenging projects, logistics and production in Mexico and Canada, and a proprietary range of compounds to capable of perform on the hardest conditions.