Full Circle: Manufacturing Migrates Around the Globe

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A waning manufacturing base can blunt an innovative edge. Recently, though, some of the conditions that multinationals care about have made the U.S. more inviting. With cheap natural gas abundant while wages rise overseas, manufacturers are giving the U.S. a second look. Many countries, however, continue to offer more “business-friendly” and lower-cost environments than the U.S., and even China. Places like Vietnam and Mexico have improved their positions as manufacturing centers. The scope of capital investment continues to broaden and the global movement of goods remains in expansion mode, yet the nature of competitive advantage is changing. This panel will map the pathways of manufacturing and explore where the industries of the future will flourish.

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