Ohio Can Lead America’s Heartland as More Companies Look to Reshore
Monday, March 29, 2021
For years, companies have been looking for ways to reduce production costs. Building production facilities overseas was commonly perceived as one way to save. However, companies are now seeking to move their facilities back to America and with the effects of COVID-19, reshoring has never been more important.
Companies—both domestic and foreign— are investing in America for production and manufacturing. Ohio and the rest of America’s Heartland —the region between the Rockies and Appalachia — is proving to be a prime location for these facilities. Keeping operations in the U.S. provides companies benefits such as protecting intellectual property, shortening supply chains, and shrinking wage differentials between the United States and other overseas locations. Keeping supply chains domestic by reshoring facilities also allows for efficient operational shifts to meet customer demands.