The 2020 Mid-Year Economic Update_long

Posts By Michael Collins

U.S. manufacturers are beginning to bring back production from foreign countries as they take a holistic look at the costs and problems associated with outsourcing. About a year ago I was visiting a manufacturing plant that manufactured die-cutting presses. The CEO told me that most of the presses were manufactured in Taiwan, but there were a lot of problems trying to communicate the requirements, which resulted in quality problems.