In 1982, Honda opened a new assembly plant in Marysville, OH, becoming the first Japanese automaker to operate a factory in the U.S. Now, big changes are coming to this historic plant.
U.S. imports from 14 low-cost countries in Asia declined by $143 billion last year.
April 25, 2024
CHICAGO—Continuing the reshoring trend of the past few years, U.S. companies are increasingly importing goods made closer to home and relying less on goods from low-cost countries in Asia.
An October 2023 Medius survey found that 69 percent of U.S. manufacturers have started to reshore and 93 percent plan to increase their pace of reshoring. To make that happen, we need a much larger and stronger skilled workforce.