Maybe it’s something in the water. Or something about the vast expanse of water between the US and Asia. Because there has been a significant trend of companies reshoring manufacturing operations to the United States. Between 2010 and 2022, approximately 1,600,000 jobs were announced as returning to the U.S. through reshoring and foreign direct investment…
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At AdvanTech Plastics, we prioritize customer satisfaction by ensuring we can deliver the highest quality product in the most efficient manner. To meet this goal, we continuously invest in state-of-the-art equipment to enhance our production capabilities and keep up with changing technology. Our most recent investment, the Sumitomo SE385EV-A-HD CT-6 all-electric injection molding press, exemplifies…
Filed Under:All-Electric Molding
Over the past few decades, offshoring manufacturing to countries with lower labor costs was the go-to strategy for many U.S. companies. However, in recent years, a growing number of manufacturers, particularly in the plastic food packaging industry, are bringing production back to the United States. This shift, known as re-shoring, is driven by several economic,…
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The U.S. medical injection molding market is a significant segment of the healthcare industry. This market was valued at approximately $3.4 billion in 2023 and is projected to reach around $4.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 5% from 2024 to 2030. One factor driving this trend is the…
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