SOURCE: Industrial Info Resources
May 27, 2014 06:15 ET
SUGAR LAND, TX--(Marketwired - May 27, 2014) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- A growing number of U.S. industrial manufacturers are continuing to "re-shore" projects and jobs due to the higher quality of domestic work, the rising cost of overseas labor and the increased access to lower-priced raw materials in the U.S., Kip Anthony, president of EFE Labs (Horsham, Pennsylvania), told Industrial Info. The "re-shoring" trend is still accelerating, Anthony said, adding the day is not far off when the U.S. could be a net exporter of manufactured goods.
Other companies featured: General Electric Company (NYSE:GE), Ingersoll-Rand plc (NYSE:IR), Danaher Corporation (NYSE:DHR)
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