• Globalization: As countries like China and India have emerged as major players in the global economy, many manufacturing jobs have moved overseas to take advantage of lower labor costs.
• Automation: The widespread use of automation and robotics in manufacturing has led to increased productivity and reduced the need for manual labor. This has resulted in a decrease in the number of jobs available in the sector.
• Competition from imports: The increase in imports from countries with lower labor costs has made it difficult for domestic manufacturers to compete on price, leading to a decline in the number of domestic manufacturing jobs.
• Offshoring of corporate headquarters: Many American corporations have moved their headquarters overseas to take advantage of lower tax rates and other financial incentives, further reducing the number of jobs in the manufacturing sector.

Despite these challenges, the manufacturing sector in the US remains one of the largest and most technologically advanced in the world. Efforts are underway to revitalize manufacturing in the US through initiatives such as the development of new technologies, investment in workforce training, and the promotion of “Made in America” products.

At Anderson Brown, we know what it takes to minimize the legal complications when downsizing is inevitable and we know what it takes if there is a business case to reverse the outsourcing and bring the business back into the US. We have represented clients on both ends of the world and know the issues, palatable solutions and the critical thinking necessary to achieve client goals.