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“Onshoring” Is a Reality in Indiana Manufacturing

Posted 3:40 PM by

A lot of discussion has happened around the concept of “onshoring” in manufacturing recently. (Check out my recent post on the top reasons for moving production back to the United States.) Now, Indiana is seeing the effects. 

As reported by Inside Indiana Business, Genesis Plastics Welding, based in Fortville, Ind., has been approached by multiple customers that want the company to bring production of their product back to the U.S. The concerns expressed by these customers are related to the quality of the product they are currently receiving and the increase in costs. (Labor and logistics costs have increased dramatically over the past few years for products made in China, which has a direct impact on manufacturing profitability.) Additionally, Genesis Plastics noted that many of its customers have people asking if their products are made in the U.S.                                                                                                   

It will be interesting to see how this trend evolves as more companies like Genesis Plastics consider moving production back to the U.S.

About the Author
Justin Hayes is a director in Katz, Sapper & Miller’s Audit and Assurance Services Group. Justin works with clients to help ensure accurate financial reporting, keeping an eye on their bottom line, helping them avoid risk and maximize efficiencies. Connect with him on LinkedIn.

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