Several of the nation's largest publicly traded manufacturers also ranked among the biggest proponents of reshoring in recent years, according to a new analysis.

Statistics from the Reshoring Initiative showed that Ford Motor Co. shifted 3,250 jobs from Mexico to Ohio and Michigan for work on the F-650 and F-750 truck models, the Fusion midsize model and its EcoBoost engine.

Ford ranked second to Walmart among companies reshoring over the previous five years. The world's largest retailer reportedly moved 4,444 jobs back to the U.S. from a variety of countries.

The numbers largely reflected jobs that moved from overseas to the U.S. between 2010 and 2014; Reshoring Initiative founder Harry Moser said a handful of cases came from 2009 or earlier.

General Electric and Caterpillar each brought 1,900 jobs back from overseas, according to the report. GE reshored production of appliances, industrial batteries and lightbulbs to Kentucky, New York and Ohio, while Caterpillar transferred Japanese construction equipment production to Georgia and Texas.

Ford rival General Motors also brought jobs from Mexico into the U.S. The company reshored 1,800 positions making small gasoline engines and the Cadillac SRX model to Tennessee.

Other top reshoring companies included supply chain company Flextronics, hair products company Farouk Systems, electronics company NCR, aerospace giant Boeing and office seating producer Made in America.

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved