Items Tagged with 'near-shoring'

Multimedia Editor and Host Jennifer Pierce shares highlights from the ASSEMBLY Audible podcast.

Note to the U.S. healthcare industry: Heed the words of Spanish-American writer and philosopher George Santayana: “Those who cannot remember the past are condemned to repeat it.”

In 1982, Honda opened a new assembly plant in Marysville, OH, becoming the first Japanese automaker to operate a factory in the U.S. Now, big changes are coming to this historic plant.

CHICAGO—Continuing the reshoring trend of the past few years, U.S. companies are increasingly importing goods made closer to home and relying less on goods from low-cost countries in Asia.

GREENSBORO, NC—The Volvo Group will build a new assembly plant in Mexico to produce heavy-duty trucks for the North American market.

EL MARQUÉS, Mexico—Nexteer Automotive has broken ground on its new Mexico Technical Center here. 

VIDEO | Since the pandemic, near-shoring has become as big a trend as reshoring as a way to increase resiliency and shorten supply chains.

DEARBORN, MI—Ford plans to eventually shift all North American small-car production from the U.S. to Mexico, CEO Mark Fields told investors last week, even though the company’s production investments in Mexico have become a lightning rod for controversy in the presidential election.

DEARBORN, MI—Ford Motor Co. will invest $1.6 billion to build a new assembly plant in Mexico for the manufacture of small vehicles. Work on the facility will start this summer in the state of San Luis Potosi, and the factory will create 2,800 direct jobs.

MEXICO CITY—Mexico is poised to overtake Brazil as the top Latin American automobile producer for the first time in more than a decade, as surging exports to the United States spur factory openings and record output.