Turning Point: Pandemic Demonstrates Need for Reshoring
May 28, 2020
COVID-19 outbreak underscores U.S. need to bolster supply chains, reduce dependence on foreign trade
By Michelle Comerford, Biggins Lacy Shapiro & Co and Harry Moser, The Reshoring Initiative
The COVID-19 pandemic has been the most dramatic driver of personal behavior change and economic turmoil in the last 50 years. Its most notable impact going forward may be on global manufacturing footprints. The severe negative impacts of the pandemic will lead to renewed economic growth and stability if the country learns from this crisis.
The res...
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Reshoring: Changing Conditions Impact Location Decisions
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