Nearshoring

n recent years, there has been a growing trend of manufacturing moving closer to domestic markets. This trend, often referred to as "nearshoring," is driven by a variety of factors, including rising labor costs in traditional manufacturing hubs, increased automation and technology, and shifting consumer preferences. One of the main drivers of nearshoring is the rising cost … [Read more...] about Nearshoring is a New Globalization: Manufacturing Moves Closer to Domestic Markets