An upstate New York company announces reshoring plans...sort of
While the news media debates whether a reshoring resurgence is happening...or not, a business in upstate New York recently made an annoucement that makes the argument even tougher to call.
Reverie, a bed and mattress maker headquartered in Silver Creek (about 45 minutes southwest of Buffalo), has chosen to bring a small part of its manufacturing back to New York, from Taiwan.
Great news, right? Sure evidence of momentum for reshoring?
Not so fast.
The company is moving its current New York manufacturing facility to a bigger plant, bringing some of its work back, but...not hiring any new people.
This, of course, really raises the question of how we define reshoring. Is reshoring simply bringing production back to the United States, or do jobs need to be created as well?
Read more about Reverie's decision to bring some work back to upstate New York.
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