Noun
reshoring (uncountable)
The transfer of a business operation back to its country of origin.
Biden’s team has identified one strategy that will both strengthen our manufacturing base and our national security – reshoring of critical industries like pharmaceuticals, electronics and defense systems and components. Source: Internet
At the Youngstown/Warren Regional Chamber’s Economic Forecast Breakfast, Ahmed El Nokali said the reshoring issue is key to answering a major question: "Will this coronavirus crisis change our economy structurally or is this temporary?” he said. Source: Internet
David Bailey, Lisa De Propris; Manufacturing reshoring and its limits: the UK automotive case, Cambridge Journal of Regions, Economy and Society, Volume 7, Issue 3, 1 November 2014, Pages 379–395, https://doi. Source: Internet
This paper explores the meaning of reshoring and its drivers in the case of UK manufacturing and in particular its automotive sector. Source: Internet