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Buy American & the Onshoring Trend

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  #1  
Old 03-14-2010, 07:17 AM
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Thumbs up Buy American & the Onshoring Trend

Looks like there's hope for "Buy American" after all.....

"Caterpillar Inc. is considering relocating some heavy-equipment overseas production to a new U.S. plant, part of a growing movement among manufacturers to bring more operations back home -- a shift that will likely spark fierce competition among states for new manufacturing jobs.
The trend, known as onshoring or reshoring, is gaining momentum as a weak U.S. dollar makes it costlier to import products from overseas. Manufacturers are also counting on White House jobs incentives, as well as their ability to negotiate lower prices from U.S. suppliers who were hurt by the downturn and willing to bargain."

full article: http://finance.yahoo.com/career-work...eer-leadership

The grass isn't always greener overseas...........
 
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Old 03-14-2010, 08:05 AM
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good news
 
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Old 03-14-2010, 08:08 AM
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Let's hope this becomes a growing trend. Imagine if Made in the USA became common again. That'd be great.
 
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Old 03-14-2010, 09:04 AM
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With Toyota's reputation for quality taking a hit, folks may start to realize that Made in the USA still means something....
 
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Old 03-14-2010, 09:20 AM
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Yeah, read where Indian companies are looking for American workers. It's a sign of the times. We are the new third world country. Somehow I enjoyed the golden age better--even with all the complainers.
 
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Old 03-14-2010, 09:35 AM
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The jobs will probably go to all them out of work illegal immigrants though.
 
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Old 03-14-2010, 09:36 AM
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Old 03-14-2010, 10:10 AM
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Originally Posted by Plow64
With Toyota's reputation for quality taking a hit, folks may start to realize that Made in the USA still means something....
The majority of the Toyota's driven in the states are made in the States...
 
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Old 03-14-2010, 10:17 AM
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Originally Posted by Red9
The majority of the Toyota's driven in the states are made in the States...
Somewhat true, but however, none of the Toyota Corp. is American it is all Jap.
 
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Old 03-14-2010, 10:41 AM
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what model of Victory is that Schu?
 



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