Podcast: Bring it Home – How the US and Mexico Share Common Ground on Manufacturing
“The US is unambiguously better off with work coming back from Asia to Mexico than it is with the work staying in Asia,” Harry Moser, The Reshoring Initiative
Low-cost Mexican labor is a big threat to American manufacturing jobs, right? One advocate of the US reshoring movement doesn’t think it’s that straightforward. In some cases, Mexico is a better fit for some re/nearshored jobs.
Harry Moser, founder and president of The Reshoring Initiative, explores in this interview with Entrada’s Doug Donahue:
- The number of American companies that have reshored to the US over the past 5 years and the regions they are choosing for relocation
- The skills shortage in American manufacturing – real or imagined?
- The effects of American reshoring compared to ten years ago, when the US lost 150,000 jobs per year
- Whether Mexico is a friend or foe to American production
- Some resources for American companies contemplating reshoring
- Why regional production has had a bigger affect on American manufacturing than low-cost Mexican labor