Reshoring Initiative® Wins 2014 Manufacturing Leadership Award

The Reshoring Initiative (Chicago, IL), led by founder Harry Moser, was honored by Frost & Sullivan’s Manufacturing Leadership Council as one of the winners of the 2014 Manufacturing Leadership Awards (ML Awards) in the category of Industry Advocacy.

Now in its 10th year, the Manufacturing Leadership Awards program honors companies and individuals that are shaping the future of global manufacturing. Nominations are entered into 11 categories and are evaluated and scored by a panel of expert judges. The categories are for outstanding projects undertaken and completed by a manufacturing company.

“It is an honor to be included in this distinguished group of world-class leaders and companies that are forging new paths for innovation and opportunities in manufacturing. I am personally grateful to the Leadership Council for focusing on the timely and vital topic of reshoring,” said Moser. “The efforts of the Council are helping to improve U.S. competitiveness, thus accelerating reshoring.”

The Reshoring Initiative, recognized for its industry-led effort to bring good, well-paying manufacturing jobs back to the United States, assists companies to more accurately assess their total cost of offshoring, and shift collective thinking from ‘offshoring is cheaper’ to ‘local reduces the total cost of ownership’.

The Reshoring Initiative takes direct action by helping U.S. manufacturers realize that local production and sourcing often reduce their total cost of ownership of products, parts and tooling and takes an active role in training suppliers to demonstrate to manufacturers the economic advantages of local sourcing. To help manufacturers further understand total cost of ownership, the Reshoring Initiative developed the Total Cost of Ownership Estimator™, which is available for free at www.reshorenow.org/TCO_Estimator.

About the Reshoring Initiative

A 40-year manufacturing industry veteran and retired President of GF AgieCharmilles, Harry Moser founded the Reshoring Initiative to move lost jobs back to the U.S. For his efforts with the Reshoring Initiative, he was named to Industry Week magazine’s Manufacturing Hall of Fame in 2010. Additional information on the Reshoring Initiative is available at www.reshorenow.org. The Initiative’s many sponsoring associations and companies are also acknowledged on the site.