Reshoring is Surging – How your Company can Benefit

Jun 11 12:00 pm — 1:00 pm

For decades, the U.S. lost 10,000s of businesses and millions of jobs to offshoring. The resulting broad hollowing out of U.S. manufacturing weakens our ability to ramp defense materiel production.

It is now clear that shorter supply chains are lower risk and are more profitable for OEMs for 20 to 30% of products that are now imported. Almost 2 million jobs have been announced reshoring since 2010. Geo-political risks add further motivation. Find how to accelerate and benefit from the trend.

What is Reshoring?

Reshoring is the practice of bringing manufacturing and services back to the U.S. from overseas. It’s a fast and efficient way to strengthen the U.S. economy because it helps balance the trade and budget deficits, reduces unemployment by creating good, well-paying manufacturing jobs, and fosters a skilled workforce. Reshoring also benefits manufacturing companies by reducing the total cost of their products, improving balance sheets, and making product innovations more effective.

The Reshoring Initiative is focused on helping companies shift collective thinking from “offshoring is cheaper” to “local reduces the total cost of ownership.” 

Webinar Topics Include:

  • Identifying the components and products most eligible to reshore.
  • Quantifying the costs and risks of offshoring, the benefit of reshoring.
  • Finding companies that import what you make. Sell to them.
  • How to convince companies to reshore and buy from you.
  • How to justify automation to achieve needed competitiveness
  • How to strengthen skilled workforce recruitment

This No-Cost Training Event is Hosted by

Northwest Texas APEX Accelerator Centers

NW Texas APEX Accelerator Center (formerly PTAC) provides training & technical assistance AT NO CHARGE to businesses interested in contracting with federal, state & local governments. We are is funded in part through a cooperative agreement with the U.S. Department of Defense (DOD) & Texas Tech University (TTU).

Register for this Webinar Here >>

Registration Cost: FREE

Location: Virtual (Zoom Webinar)

Event Contact: Northwest Texas APEX Accelerator

P: (806) 742-7822

The information provided in this webinar/ workshop and any supplementary materials provided to registrants are intended for educational and informational purposes only and does not constitute professional financial or legal advice. No registrant should act or fail to act on the basis of any material contained in this webinar/ workshop without obtaining proper financial, legal or other professional advice specific to their situation. The Northern California APEX Accelerator, and its host, the HSU Sponsored Programs Foundation, specifically disclaims any liability, loss or risk, personal or otherwise, which is incurred as a consequence, directly or indirectly, of the use and application of any of the information presented in this webinar/ workshop. By registering for this webinar/ workshop you acknowledge and agree that you have read, understood, accept and agree to the above disclaimer and that under no circumstances shall the Northern California APEX Accelerator or it’s host, the HSU Sponsored Programs Foundation, be held liable for any claims, losses, or damages of any kind or nature arising out of or in any way related to the information provided in this webinar/ workshop and/or the registrant’s use of or reliance on said information.

This No-Cost Training Event is Co-Hosted by

Norcal APEX Accelerator

Northern California APEX Accelerator is a government-funded nonprofit formed to help small businesses find, bid on, and win contracts with federal, state, local, and tribal agencies.

National APEX Accelerator Alliance

The National APEX Accelerator Alliance provides a network that allows any APEX Accelerator counselor almost instant access to the expertise and experience of over 500 colleagues, as well as real-time information from government agencies regarding new requirements and initiatives.