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Keyword: onshoring

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  • GE Appliances to invest over $3 billion in US manufacturing push

    08/13/2025 7:16:58 PM PDT · by SeekAndFind · 13 replies
    Reuters ^ | 08/13/2025
    Aug 13 (Reuters) - Haier-owned GE Appliances said on Wednesday it plans to invest more than $3 billion over five years in its U.S. operations and workforce following the Trump administration's tariff policies aimed at boosting domestic manufacturing. Global firms have been increasing their investments and presence in the United States after President Donald Trump pushed companies across sectors, including Apple and Ford to produce goods within the country and generate jobs. The GE Appliances investment will create 1,000 jobs in five states and is aimed at expanding the company's air conditioning and water heating portfolio, increasing production output and...
  • States lure manufacturers and shore up jobs

    06/30/2014 7:02:25 AM PDT · by ckilmer · 8 replies
    cnbc ^ | Sunday, 29 Jun 2014 | 7:00 AM ET | Susan Caminiti |
    States lure manufacturers and shore up jobs Susan Caminiti | @SusanCaminiti Sunday, 29 Jun 2014 | 7:00 AM ETCNBC.com 474 It wasn't long ago that the thought of corporations bringing their manufacturing back to the U.S. seemed all but impossible. But that's precisely what's happening, and the trend is predicted to continue through the rest of the decade.Consider Kent International, one of the largest U.S.-based bicycle manufacturers. The company, with headquarters in Parsippany, New Jersey, has been making its bikes overseas for more than 20 years. But with Chinese labor costs rising over the past several years, the company...
  • Mirro Plant Reopening Boosts Housing Market

    08/01/2005 4:44:29 PM PDT · by Tumbleweed_Connection · 4 replies · 269+ views
    WBAY ^ | 8/1/05 | Sarah Thomsen
    A company moving its operations from China to Manitowoc is having a big impact on small communities like Manitowoc and Two Rivers. As Action 2 News reported first this weekend, the Tramontina Company of Brazil is partnering with Koenig & Vits, opening the production lines at the former Mirro plant to make pots and pans. The production could eventually create more than 200 jobs. More jobs means more people looking to buy homes. That's a trend Lakeshore communities haven't seen much since Mirro left in 2003. Two years ago, just months after Mirro left town, Action 2 News found houses...