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U.S. manufacturers to repatriate 20% of capacity, study says
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The loss of manufacturing to low-cost foreign countries has reached its peak and many companies are making plans to relocate some production facilities back to the United States, according to new research from The Hackett Group. The report is the latest evidence that reshoring is gaining momentum as the cost differential between production in places like China and the United States continues to narrow. The Hackett Group said rising wage inflation in China and cont...
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