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Pandemic Accelerates the Need to Replace Imports With Domestic Goods

by The Epoch Times
November 29, 2021
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Pandemic Accelerates the Need to Replace Imports With Domestic Goods

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A cargo ship moves towards the Bayonne Bridge as it heads into port on October 13, 2021 in Bayonne, New Jersey. (Spencer Platt/Getty Images) More than a year after the CCP (Chinese Communist Party) virus entered the scene, manufacturers are dealing with a very different world and supply chain . As they battle ongoing disruptions, congested ports, and ongoing delays, the idea of sourcing closer to home is gaining interest.

“There’s such an initiative now for the reshoring,” says Nicole Wolter, president and CEO at HM Manufacturing, a power transmission components facility in Wauconda, Illinois, which focuses on delivering custom precision timing belt pulleys, gears, splines, sheaves, and shafts.

“I’ve seen a lot of my customers start to do things more internally,” she told The Epoch Times.

Moving operations to the United States provides the opportunity to reduce supply chain risks.“By shortening the supply chain, and producing products in the United States, […]

Read the rest of this story here: www.theepochtimes.com

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