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In 2021, the private and federal push for domestic supply of essential goods propelled reshoring and foreign direct investment (FDI) job announcements to a record 261,000, bringing the total jobs announced since 2010 to over 1.3 million. For the second year in a row, reshoring exceeded FDI by 100%, in contrast to 2014 through 2019 when FDI exceeded reshoring. Additionally, … [Read more...] about Reshoring Initiative® 2021 Data Report

Chase Plastics, based in Clarkston, Michigan, commemorates 30 years of success, partnerships and customer service – all factors that helped the company redefine resin distribution over the past three decades. Formed on May 4, 1992, by Kevin and Carole Chase, who serve as CEO and vice president, respectively, Chase Plastics began with little more than a $2,500 investment, one … [Read more...] about Chase Plastics Celebrates 30 Years

Viking Plastics, Corry, Pennsylvania, a leading injection molding and value-added assembly service provider to the automotive, appliance, industrial and construction markets, is excited to announce the company is adding capacity due to customer growth. Since the start of the year, Viking Plastics has reacted to consumer demand by investing in their operations ordering eight … [Read more...] about Viking Plastics to Add Capacity

ACS Group, New Berlin, Wisconsin, has launched its new MiVue™ industrial IoT service. MiVue is a data collection and analysis system designed to start manufacturers on their Industry 4.0 journey. The system has been in development for the past two years and was designed to help customers predict and prevent problems before they occur. The MiVue team used their industry … [Read more...] about ACS Group Launches MiVue Software

“Made in the USA” is a concept that is especially topical as the nation feels the lasting effects of the pandemic-spurred supply chain meltdown. Companies are rethinking their offshoring decisions and bringing material and part sourcing and manufacturing back to the US. The states themselves are working to facilitate that effort, along with helping the country’s existing … [Read more...] about Top 5 Ways States are Investing in Manufacturing