Reshoring: Seven Industries to Reach Tipping Point in Five Years

Jeff Moad

Mar 26, 2012 4:24 PM

In the next five years, seven major manufacturing industries will reach the tipping point where it becomes more economical for them to shift the production of products consumed in the US to the US from China, according to a report released last week by the Boston Consulting Group.

The seven industries that will reach the reshoring tipping point in five years, according to the study, are: 

--Transportation goods ($582 billion consumed in the US, $6 billion imported from China)

--Computers and electronics ($467 billion/$122 billion)

--Fabricated metals ($262 billion/$10 billion)

--Machinery ($251 billion/$16 billion)

--Plastics and rubber ($170 billion/$9 billion)

--Appliances and electrical equipment ($134 billion/$25 billion)

--Furniture ($75 billion/$13 billion)

To read the entire article by Jeff Moad click on this link to Manufacturing Executive Online.

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