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  • 1/21/2020 1:00 PM CST
  • 1/21/2020 2:00 PM CST
100s of billions of manufacturing is shifting out of China due to rising labor costs, U.S. tariffs and companies starting to recognize the total cost of offshoring. Some is shifting to Vietnam and Cambodia which are too small and unprepared for the surge. Surveys show 6 to 15% may be coming to the U.S. Our data shows that about 25% would come here if the importers do the math correctly. We helped a Chicago area contract manufacturer save a $60 million order vs. a lower priced Chinese competitor. 

Our objective is to prepare you to achieve similar wins using our resources:
1.  TCO (Total Cost of Ownership) Estimator to quantify the “hidden” offshore costs companies have been ignoring but are starting to recognize.
2.  The Import Substitution Program to identify companies importing, from China or other countries, castings in your target industries and regions. Use the TCO Estimator to convince them to shift to you.

Reshoring and FDI (Foreign Direct Investment) have brought back over 500,000 manufacturing jobs in the last nine years. U.S. foundries could add thousands more.

This AFS Members Only Webinar will begin at 1 p.m. CT.