U.S. price not competitive? Look at TCO, automate, says Reshoring Initiative

About 20 or 30% of what they or their customers are offshoring or importing could be made here or sourced here with equal or greater profitability without having to raise the price to the customer. There’s opportunity for hundreds of billions of dollars of work to come back and millions of jobs to be created. More are available with processes that can be automated, said Harry Moser, founder and president of the Reshoring Initiative in video discussion with Mark T. Hoske, editor-in-chief, Control Engineering