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Made in America Gets Boost With New Reshoring Award

Made In America Gets Boost With New Reshoring Award

Made in America Gets Boost with new Reshoring Award

by Michelle Russell, August 28,2018

 

A New award to accelerate the ‘Made in America’ movement has been launched in the US, aimed at recognising textile and apparel companies that have successfully reshored the sewing of any products.

The Reshoring Initiative and SEAMS – the National Association for the US Sewn Products Industry – say the new annual Sewn Products National Reshoring Award is open to companies that have move production from offshore back to the US or set up new production that has taken market share from imports between 1 January 2014 and 31 January 2019.

There will be awards for three industry categories: cut and sew manufacturers; brands/OEMS/Vertical retailers; and equipment/technology suppliers. Applications must be received by 21 January 2019.

“In 2017 about 170,000 manufacturing jobs were announced to come back from offshore, up 2,800% from 2010,” says Harry Moser, founder and president of the Reshoring Initiative. “Apparel and textiles were among the industries most heavily impacted by offshoring and are now reshoring strongly. We anticipate that this award will motivate more companies to re-evaluate their offshoring and see that it is often more profitable to produce or source domestically. We also hope that other associations will chose to support similar awards to show that their industries are now successfully reshoring.”

US reshoring is the practice of transferring offshore business operations or sourcing back to the US in addition to any new or significantly increased production in the US from importing. The Made in America Movement is focused on increasing production in the US to strengthen the economy and bring jobs back to the US. SEAMS works to drive this trend with a membership of the leading US brands, manufacturers, and retailers in the sewn production industry.

The awards competition was officially launched earlier this month at the SEAMS Annual Networking Conference in Nashville, Tennessee. The winner will be announced at  the SEAMS 2019 Spring Networking Conference.

“SEAMS is thrilled to partner on this award which adds value to our Made in America initiatives and acknowledges those US-based companies supporting manufacturing in our country,” adds Will Duncan, executive director, SEAMS.

The Reshoring Initiative, founded in 2010, helps manufacturers realize that local production, in some cases, reduces their total cost of ownership of purchased products and tooling. The Initiative also trains suppliers how to sell against lower priced offshore competitors.

From Just-Style.com

Thanks to Alliance for American Manufacturing for pointing out this article.

 

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