(OPENPRESS) July 15, 2011 -- According to John Rattray of Memex Automation (www.memex.ca
), “North America can be more competitive than China or offshore. There is a movement to prove that North America can be more competitive than China or offshore.”
Consider that 1) the “Reshoring Initiatives” that reduce the total cost gap from 30% to close to zero. Right there North America can be competitive with a level playing field. Add to this that 2) Memex lean tools to increase efficiency 10-50%, there is a huge compelling case for North America manufacturing to be more competitive than China or other offshore locations. And 3) with recent moves indicating that North America governments are serious, with unprecedented moves, about bringing manufacturing back to North America
Reshoring Initiatives with TCO calculations to reduce 30% cost gap to zero
OEE efficiency improvements of 10-50% on shop floor
Unprecedented federal financial assistance, 100% capital equipment write-off – should fund these projects.
North America can truly be more competitive than China in manufacturing and according to Manufacturing & Technology News (http://www.manufacturingnews.com/news/11/0517/reshoring.html
) a new nationwide initiative is underway to convince companies that it is worth bringing manufacturing back to the United States. Illinois is the first state in the country to start a "Reshoring Initiative" aimed at large OEMs to re-open factories in America. Backers hope to create similar chapters in Michigan, Indiana, Ohio, Pennsylvania, New York and California.