exports

While the US-China trade war certainly presented a major disruption of imports, COVID-19 is putting a strain on the global economy that’s forcing many companies to rethink their sourcing strategies. These shifts in imported vs. domestic manufacturing have generated overarching implications for US-based industries. In particular, the injection molding industry has begun to witness companies favoring plastic parts produced locally over outsourced products. These changes are further explained in an annual analysis known as the Reshoring Index.

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