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KSM Blog | Katz, Sapper & Miller CPA

Executives See Manufacturing Returning to US

Posted 6:03 PM by

Industry Week reports that a survey of C-level and VP-level manufacturing executives see the possibility of certain manufacturing operations returning to the U.S., with 37% citing overseas costs as the major reason. Logistics concerns were cited by 19%, while 36% stipulated other reasons, including economic/political issues, quality and safety concerns, patriotism and overseas skills shortages for highly technical manufacturing processes.

The survey identified low-volume, high-precision, high-mix operations, automated manufacturing and engineered products requiring technology improvements or innovation as the primary forms of manufacturing returning 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, and helping them avoid risk and maximize efficiencies. Connect with him on LinkedIn.

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