Ohio Can Lead America’s Heartland as More Companies Look to Reshore
For years, companies have been looking for ways to reduce production costs. Building production facilities overseas was commonly perceived as one way to save. However, companies are now seeking to move their facilities back to America and with the effects of COVID-19, reshoring has never been more important.
Companies—both domestic and foreign— are investing in America for production and manufacturing. Ohio and the rest of America’s Heartland —the region between the Rockies and Appalachia — is proving to be a prime location for these facilities. Keeping operations in the U.S. provides companies benefits such as protecting intellectual property, shortening supply chains, and shrinking wage differentials between the United States and other overseas locations. Keeping supply chains domestic by reshoring facilities also allows for efficient operational shifts to meet customer demands.
Heartland Forward, with the support of JobsOhio, recently authored an article titled Reshoring America: Can The Heartland Lead The Way? This report is a look into the advantages the U.S. Heartland has in leading reshoring initiatives. The article also highlights that America’s Heartland was built on manufacturing and continues to have the talent, culture, and infrastructure to best support it. Interest in reshoring has never been stronger as it has bipartisan support from the government.
Ohio is in a great position to lead the Heartland in reshoring. For years, Ohio has attracted global investment and been a staple of manufacturing and production in the Heartland. Ohio’s central location, simplified tax structure, and low cost of business stimulates economic diversification and prosperity.
We look forward to the potential Ohio has to lead the way in the reshoring surge as it continues to be a state of innovation in the manufacturing and production field! I invite you to read and leverage the support in economic development.
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