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Offshore vs. Reshore- 9/2/2011
In his State of the Union address, his Skills for America campaign, and recently during his bus tours through the Midwest, President Barack Obama has focused on the need to create manufacturing and technical jobs for American workers. Harry Moser, founder of the Reshoring Initiative and a FABTECH 2011 featured speaker, will discuss how bringing manufacturing back to the United States would have a more positive impact on unemployment than anything in the Federal Government's 2012 Budget Plan. Moser says it could lower the national unemployment rate from 9 percent to 4 percent.
Recent reports from the Boston Consulting Group and Accenture Consulting suggest that manufacturing jobs are starting to be brought back to the U.S. as companies realize downsides to offshoring. At FABTECH, Moser will lead a session explaining the true costs of offshoring and the value of reshoring. Attendees will receive a copy of the Reshoring Initiative's Total Cost of Ownership Estimator, a software tool Moser developed to help companies identify and calculate the true cost of sending jobs offshore versus keeping those jobs at home.
The Reshoring Initiative was created to rally the industry to bring orders and jobs back to manufacturing companies in the United States.