Reshoring has grown since 2010 from 10,000 jobs/year to 350,000+ jobs/year in 2022. An unprecedented surge of industrial policy, including the 2021 Infrastructure Investment and Jobs Act, the 2022 CHIPS and Science Act, and the Inflation Reduction Act (IRA), has made hundreds of billions of dollars available for the reshoring of specific products and industries. These new laws seek to strengthen U.S. supply chains and have further accelerated the reshoring trend. We will briefly review the reshoring trend and the impact of these laws on reshoring and how manufacturers can best benefit from them. For many companies, the largest opportunities are with the IRA. Date & Time: Thursday, March 30, at 2PM ET.
Harry founded the Reshoring Initiative to bring five million manufacturing jobs back to the U.S. after working for high end machine tool supplier GF AgieCharmilles, starting as President in 1985 and retiring 12/31/10 as Chairman Emeritus. Largely due to the success of the Reshoring Initiative, Harry was inducted into the Industry Week Manufacturing Hall of Fame 2010 and was named Quality Magazine’s 2012 Quality Professional of the year and FAB Shop Magazine’s Manufacturing Person of the year. Harry participated actively in President Obama’s 1/11/12 Insourcing Forum at the White House, won The Economist debate on outsourcing and offshoring, received the Manufacturing Leadership Council’s Industry Advocacy Award in 2014 and the Made in America 2019 Reshoring Award. He was recognized by Sue Helper, then Commerce Department Chief Economist, as the driving force in founding the reshoring trend and named to the Commerce Department Investment Advisory Council in August 2019. Harry is frequently quoted in the Wall Street Journal, NYT, Forbes, Financial Times, New Yorker, Washington Post and USA Today and seen on Fox Business, MarketWatch, PRI, NPR, Manufacturing Talk Radio and other national TV and radio programs. He received a BS in Mechanical Engineering and an MS in Engineering at MIT in 1967 and an MBA from U. of Chicago in 1981.
Bryan is a change leader with extensive experience in the manufacturing industry including supply chain management, logistics, and business development. As the Business Development Manager at Baker Tilly, he leads account management and new client development for all Energy, Industrial, and Consumer Products clients. Baker Tilly specializes in helping manufacturing firms execute a reshoring or domestic footprint growth plan while helping to navigate the complexity of the tax incentives under the Inflation Reduction Act. With his proven track record of driving efficiency and reducing costs, Bryan is well-positioned to advise companies looking to relocate their manufacturing operations to the US.
Amber Thomas has been an advocate for manufacturing for over 35 years. Today, she oversees AMT's government relations and raises awareness about manufacturing technology's critical role in the nation’s well-being. She develops advocacy-related multimedia content for various AMT media channels. A committed vegan, Amber lives with her family in Northern Virginia. Her best friend is Oshi, her rescue lab.