5 U.S. Companies Bringing Jobs Back Home

Apple the latest to give American manufacturing some hope

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5 U.S. Companies Bringing Jobs Back Home

american flag closeup 630 5 U.S. Companies Bringing Jobs Back HomeCue the cheering; the rumors are true. Apple (NASDAQ:AAPL) — a great American tech story and the largest company ever — will be bringing some offshore manufacturing jobs back home next year.

But there’s more reason to celebrate: Apple isn’t alone.

Manufacturing jobs began declining around 1980 — slipping steadily at first, then with increasing tenacity. Since 2010, though, that trend slowly has been reversing. While some gains can simply be attributed to jobs added post-recession, there also is evidence that the herd mentality of offshoring seems to be shifting.

In a recent survey, 14% of U.S. companies said they “definitely plan” to move some manufacturing back home, according to The Wall Street Journal , while a report earlier in the year surveyed found 37% of surveyed companies were “actively considering it.”

Each company has its own reasons, of course, whether it be higher oil prices, rising Chinese wages, improved quality or a rapid innovation cycle, but the end result is the same.

So, let’s take a look at a few names that are moving to make more in America:


Article printed from InvestorPlace Media, http://investorplace.com/2012/12/5-u-s-companies-bringing-jobs-back-home/.

©2014 InvestorPlace Media, LLC

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