By Karen M. Reddington, President, FedEx Express, Asia Pacific Just a few decades ago the buzz was all about ‘off-shoring’ – where manufacturing moved to cheaper cost bases such as China or Latin America. Then came something of a reversal with ‘near-shoring’ – of companies returning production closer to home markets such as the United…
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.