More than a year after the CCP (Chinese Communist Party) virus entered the scene, manufacturers are dealing with a very different world and supply chain. As they battle ongoing disruptions, congested ports, and ongoing delays, the idea of sourcing closer to home is gaining interest. “There’s such an initiative now for the reshoring,” says Nicole Wolter, president and CEO at HM Manufacturing, a power transmission components facility in Wauconda, Illinois, which focuses on delivering custom precision timing belt pulleys, gears, splines, sheaves, and shafts. “I’ve seen a lot of my customers start to do things more internally,” she told The Epoch Times. Moving operations to the United States provides the opportunity to reduce supply chain risks. “By shortening the supply chain, and producing products in the United States, you’re removing the possibility of goods being stuck overseas or even at our own ports,” according to Steven Vigilante, the head of …
Pandemic Accelerates the Need to Replace Imports With Domestic Goods
November 28, 2021
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