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Caterpillar Joins 'Onshoring' Trend

Wall Street Journal -- Caterpillar Inc. is considering relocating some heavy-equipment overseas production to a new U.S. plant, part of a growing movement among manufacturers to bring more operations back home—a shift that will likely spark fierce competition among states for new manufacturing jobs.
The trend, known as onshoring or reshoring, is gaining momentum as a weak U.S. dollar makes it costlier to import products from overseas. Manufacturers are also counting on White House jobs incentives, as well as their ability to negotiate lower prices from U.S. suppliers who were hurt by the downturn and willing to bargain.
After a decade of rapid globalization, economists say companies are seeing disadvantages of offshore production, including shipping costs, complicated logistics, and quality issues.

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Submitted Mar 13, 2010 By: JimL1

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frogponder42 Rookie Author Colorado Posts:74 Points:11,300 Joined:Mar 2010	Message Posted: Mar 24, 2010 12:40:01 AM Ignore frogponder42 Report Abuse Now if we could just get more U.S. companies to do the same. [Edited by: frogponder42 at 3/24/2010 12:41:57 AM EST]
figman Champion Author Chicago Posts:11,714 Points:3,223,715 Joined:Sep 2001	Message Posted: Mar 24, 2010 12:08:30 AM Ignore figman Report Abuse If they would only stop issuing H1B visas so US IT jobs would stop going to non-citizens here.
ENORMS Champion Author Colorado Posts:3,014 Points:1,174,935 Joined:Sep 2006	Message Posted: Mar 14, 2010 8:25:14 AM Ignore ENORMS Report Abuse American workers like construction people have a deep feeling of utilizing heavy equipment made in the USA.
Sneakers55 Champion Author Houston Posts:43,421 Points:1,715,030 Joined:Nov 2005	Message Posted: Mar 14, 2010 12:37:16 AM Ignore Sneakers55 Report Abuse teafortwo wrote: >one that I support wholeheartedly as I search the stores >TRYING to BUY AMERICAN. In certain categories of goods , >this has become almost impossible. Well, take all your Far Eastern electronics and fill them with Duracell batteries made here in the USA. I've heard more than one CEO comment that it would be nice to have a plant in the USA for old times' sake but then they comment PEOPLE DON'T CARE.
Sneakers55 Champion Author Houston Posts:43,421 Points:1,715,030 Joined:Nov 2005	Message Posted: Mar 14, 2010 12:33:30 AM Ignore Sneakers55 Report Abuse PathfinderSC wrote: >Good, Need to bring out jobs back. Our people need jobs. Send them to phlebotomy school. The major job prerequisites are the ability not to get squicked by blood or needles and the ability to recognize each of the colors used on test tubes. Also a good bedside manner helps. I've learned that they seem to have a very good memory on their past patients. Not everyone hires phlebotomists. But those who do always seem to have openings for them.
Sneakers55 Champion Author Houston Posts:43,421 Points:1,715,030 Joined:Nov 2005	Message Posted: Mar 13, 2010 4:56:23 PM Ignore Sneakers55 Report Abuse Caterpillar and any of the Detroit Three should get together and put the new production into a mothballed vehicle plant. The Detroit Three will get money that they desperately need and Caterpillar will get new production space cheaper than they would if they built greenfield.
PathfinderSC Champion Author South Carolina Posts:7,179 Points:1,368,885 Joined:Mar 2008	Message Posted: Mar 13, 2010 3:47:47 PM Ignore PathfinderSC Report Abuse Good, Need to bring out jobs back. Our people need jobs.
FuelBarge Champion Author Long Island Posts:6,816 Points:1,612,315 Joined:Aug 2005	Message Posted: Mar 13, 2010 3:42:27 PM Ignore FuelBarge Report Abuse So there is some advantage to having a weak dollar.
honda0105 Champion Author Tallahassee Posts:15,285 Points:1,145,225 Joined:Nov 2008	Message Posted: Mar 13, 2010 3:31:55 PM Ignore honda0105 Report Abuse well, good luck. We need to bring some more work BACK to the US. Unless home is attractive, we won't have any domestic work load for a good long while... and the economy slides further and further and further...
sdslim Champion Author Florida Posts:1,220 Points:1,330,190 Joined:Feb 2007	Message Posted: Mar 13, 2010 3:02:06 PM Ignore sdslim Report Abuse Has good possibilities.
teafortwo Champion Author Washington Posts:15,390 Points:926,180 Joined:Feb 2009	Message Posted: Mar 13, 2010 1:32:44 PM Ignore teafortwo Report Abuse JimL1, This article is from a source that requires a subscription which is a real shame because I would have liked to read the article. I prefer that articles submitted on GasBuddy.com be accessible without a subscription. That sad wail is the sound of my heart breaking .... Excellent topic; one that I support wholeheartedly as I search the stores TRYING to BUY AMERICAN. In certain categories of goods , this has become almost impossible. Sadly. Wish I could have read the whole article.
FordF2502001 Champion Author Mississippi Posts:5,698 Points:1,157,690 Joined:Sep 2008	Message Posted: Mar 13, 2010 12:45:12 PM Ignore FordF2502001 Report Abuse Any new job news is great news. Hope this starts a trend.
Robert44 Champion Author Columbus Posts:2,884 Points:946,105 Joined:Mar 2004	Message Posted: Mar 13, 2010 11:29:15 AM Ignore Robert44 Report Abuse Good Luck under Obama HOPE AND CHANGE??!!
MUSTANGSRUS Champion Author Ontario Posts:7,394 Points:1,510,045 Joined:Sep 2006	Message Posted: Mar 13, 2010 11:27:33 AM Ignore MUSTANGSRUS Report Abuse Why post an article that can only be partially read? But the idea sounds like a good plan. What is to be sold in this country, particularly large items that Caterpillar makes, should be made in this country.
rbrowdersr Champion Author Detroit Posts:4,201 Points:1,409,285 Joined:Aug 2006	Message Posted: Mar 13, 2010 10:58:23 AM Ignore rbrowdersr Report Abuse Should not have left in the first place.
PaylessKY Champion Author Kentucky Posts:6,130 Points:1,126,400 Joined:Oct 2008	Message Posted: Mar 13, 2010 10:57:14 AM Ignore PaylessKY Report Abuse These jobs should be in the USA. They should have never left in the first place.
I10Express Champion Author San Antonio Posts:6,326 Points:1,177,945 Joined:Nov 2008	Message Posted: Mar 13, 2010 10:52:02 AM Ignore I10Express Report Abuse Companies have always located where it made sense. Pay attention to the competition between cities and states for the facilities.
pgerassi Champion Author Milwaukee Posts:8,531 Points:1,668,925 Joined:Apr 2007	Message Posted: Mar 13, 2010 10:50:49 AM Ignore pgerassi Report Abuse Good!
ironbox_sara Champion Author Albany Posts:7,260 Points:1,784,715 Joined:Mar 2006	Message Posted: Mar 13, 2010 10:38:10 AM Ignore ironbox_sara Report Abuse And now when I call my Mastercard folks I get Habib in India. Well I won't be using that card anymore nor will I deal with any of these traitors that send jobs overseas.
tazdriver Champion Author Huntsville Posts:4,913 Points:1,559,145 Joined:Jan 2007	Message Posted: Mar 13, 2010 10:35:04 AM Ignore tazdriver Report Abuse Onshoring is good for the US
opecsucks76 Champion Author Milwaukee Posts:2,716 Points:713,825 Joined:Jan 2009	Message Posted: Mar 13, 2010 10:34:23 AM Ignore opecsucks76 Report Abuse Good for them, bring the jobs back home.
sivart Champion Author Arkansas Posts:15,158 Points:2,615,780 Joined:May 2004	Message Posted: Mar 13, 2010 10:33:45 AM Ignore sivart Report Abuse It's a start, maybe other companies will follow!
Don20 Champion Author Oklahoma City Posts:7,307 Points:2,156,095 Joined:Mar 2005	Message Posted: Mar 13, 2010 10:33:13 AM Ignore Don20 Report Abuse Caterpillar Inc. is considering relocating some heavy-equipment overseas production to a new U.S. plant, part of a growing movement among manufacturers to bring more operations back home—a shift that will likely spark fierce competition among states for new manufacturing jobs. They should bring all jobs back to to U.S. We should get back to being a producing nation again..
TeachR06 Champion Author Raleigh Posts:3,535 Points:1,018,660 Joined:Sep 2006	Message Posted: Mar 13, 2010 10:30:59 AM Ignore TeachR06 Report Abuse Yes! Bring those jobs back where they belong. Let's take care of our own.
eddyp94 Champion Author Ontario Posts:6,768 Points:1,384,810 Joined:Mar 2008	Message Posted: Mar 13, 2010 10:30:21 AM Ignore eddyp94 Report Abuse its about time ....
BKool Champion Author Michigan Posts:4,536 Points:1,755,350 Joined:Aug 2005	Message Posted: Mar 13, 2010 10:29:25 AM Ignore BKool Report Abuse wait n see on this one...
hardcrab Sophomore Author Richmond Posts:118 Points:460,790 Joined:Oct 2008	Message Posted: Mar 13, 2010 10:28:48 AM Ignore hardcrab Report Abuse GO CAT GO !!!!!
vizilo Champion Author British Columbia Posts:4,478 Points:2,340,870 Joined:May 2004	Message Posted: Mar 13, 2010 10:28:46 AM Ignore vizilo Report Abuse Sounds like a good trend
Skipper52 Champion Author Massachusetts Posts:5,074 Points:1,134,250 Joined:Oct 2008	Message Posted: Mar 13, 2010 10:28:17 AM Ignore Skipper52 Report Abuse It's a cycle. It was cheaper to go over seas and now it's getting cheaper to come back. In twenty years it will be cheaper to go overseas again.
Goatroper Champion Author Dallas Posts:4,694 Points:915,470 Joined:Apr 2004	Message Posted: Mar 13, 2010 10:27:17 AM Ignore Goatroper Report Abuse Bring all those jobs back.
Tutootin Champion Author Toronto Posts:7,776 Points:2,615,405 Joined:Jun 2004	Message Posted: Mar 13, 2010 10:25:07 AM Ignore Tutootin Report Abuse w4kh, Great points!!
mackconsult Champion Author Portland Posts:3,708 Points:706,135 Joined:Jan 2009	Message Posted: Mar 13, 2010 10:23:16 AM Ignore mackconsult Report Abuse More companies should do this ....
Rick52 Champion Author Milwaukee Posts:9,438 Points:741,260 Joined:Mar 2005	Message Posted: Mar 13, 2010 10:19:23 AM Ignore Rick52 Report Abuse Thank goodness !!!!1 But if you read the article there are reasons why this is happening ...(Incentives)...Lots of them...
DABEE1073 Champion Author San Diego Posts:5,700 Points:1,108,690 Joined:Jun 2008	Message Posted: Mar 13, 2010 10:19:04 AM Ignore DABEE1073 Report Abuse IT IS ABOUT TIME COMPANIES STARTED COMING BACK TO THE U.S. BUY AMERICAN. THERE ARE A LOT OF PRODUCTS WE USE IN EVERY DAY LIFE THAT ARE MADE IN THE U.S., ALL YOU HAVE TO DO IS LOOK FOR THEM. THEY ARE RIGHT THERE WITH ALL THE FOREIGN MADE PRODUCTS. JUST LOOK. BUY AMERICAN.
Cyberkedi Champion Author Atlanta Posts:11,980 Points:2,033,355 Joined:Aug 2005	Message Posted: Mar 13, 2010 10:15:12 AM Ignore Cyberkedi Report Abuse Bravo Caterpillar! May they enjoy much success and prosperity.
w4kh Champion Author Riverside Posts:9,326 Points:1,765,100 Joined:May 2004	Message Posted: Mar 13, 2010 10:15:05 AM Ignore w4kh Report Abuse The costs for shipping eat into the benefits of low wages, and when lots of people are out of work, as they are in the US right now, they will tend to work for a somewhat lower wage, which gives manufacturing in the US an advantage, especially so with a weaker US dollar...
CptnCanada Champion Author Saskatoon Posts:5,058 Points:666,950 Joined:Jun 2008	Message Posted: Mar 13, 2010 10:09:50 AM Ignore CptnCanada Report Abuse Every job that comes back here is great news
DerHahn Champion Author Illinois Posts:11,161 Points:1,656,150 Joined:May 2004	Message Posted: Mar 13, 2010 10:02:40 AM Ignore DerHahn Report Abuse shouldn't have left in the first place.
CharlieC08 Champion Author Colorado Posts:6,399 Points:1,155,175 Joined:Oct 2008	Message Posted: Mar 13, 2010 10:02:30 AM Ignore CharlieC08 Report Abuse Cat still has to compete on the world wide market.
neptune2008 Champion Author Michigan Posts:6,270 Points:1,220,535 Joined:Aug 2008	Message Posted: Mar 13, 2010 10:01:16 AM Ignore neptune2008 Report Abuse so now that wotkers will take less pay...they are returning...hmmmmm insourcing?
JDCOWBOY Veteran Author Missouri Posts:457 Points:1,056,530 Joined:May 2007	Message Posted: Mar 13, 2010 9:58:52 AM Ignore JDCOWBOY Report Abuse Keep the unions and liberals out of it!!!!!!!!
Italianman Champion Author Twin Cities Posts:1,739 Points:778,665 Joined:Feb 2008	Message Posted: Mar 13, 2010 9:56:59 AM Ignore Italianman Report Abuse Great news!
WIPACKERFAN Champion Author Chicago Posts:6,495 Points:1,386,760 Joined:Aug 2005	Message Posted: Mar 13, 2010 9:56:54 AM Ignore WIPACKERFAN Report Abuse Give caterpiller a high five!
mysub Champion Author Las Vegas Posts:6,892 Points:1,878,040 Joined:Apr 2006	Message Posted: Mar 13, 2010 9:56:35 AM Ignore mysub Report Abuse Well that's some good news. Good Luck. I hope it works out.
TH34 Champion Author Baltimore Posts:4,065 Points:1,856,890 Joined:Aug 2005	Message Posted: Mar 13, 2010 9:56:07 AM Ignore TH34 Report Abuse We can only hope that this is a reversal of the way things were for the last 30+years.
PFCASTA All-Star Author Worcester Posts:940 Points:1,340,075 Joined:Apr 2006	Message Posted: Mar 13, 2010 9:51:55 AM Ignore PFCASTA Report Abuse Good news
cardjcsk Champion Author Toronto Posts:3,179 Points:1,461,595 Joined:Feb 2007	Message Posted: Mar 13, 2010 9:51:03 AM Ignore cardjcsk Report Abuse Good to here
Maintroll Champion Author Lexington Posts:6,296 Points:1,239,610 Joined:Aug 2008	Message Posted: Mar 13, 2010 9:47:03 AM Ignore Maintroll Report Abuse Cat should have never left US shores anyway.
mlhog Veteran Author Minnesota Posts:329 Points:223,685 Joined:Oct 2009	Message Posted: Mar 13, 2010 9:46:55 AM Ignore mlhog Report Abuse About time!
VetteBlue Champion Author San Jose Posts:7,710 Points:1,545,185 Joined:Jan 2007	Message Posted: Mar 13, 2010 9:46:07 AM Ignore VetteBlue Report Abuse This is where some incentive money could do some good.