More US Manufacturers Are Coming Home
October 23, 2014 at 10:29 AM EDT
The numbers are growing. More U.S. companies are moving production back China, according to a new survey from The Boston Consulting Group (BCG). This year 20% of the senior manufacturing executives at companies with sales of $1 billion said they are heading home from China. That compares to last year’s number of 13% to 16%. And these plans are already in the works as 24%, compared to 17% -20% last year said they will take action within the near future. read more