CHICAGO -- Return One Million Jobs has been created to raise $20 million to bring one million manufacturing jobs to the United States from offshore. The project intends to use global data analytics to help companies compare the total cost of supplying the U.S. market via manufacturing offshore vs. domestically.
Over the last few decades, as many as four million good paying manufacturing jobs have been lost to foreign nations to reduce costs. In the last few years, costs of production in China and other nations have been increasing, encouraging even many Chinese companies to begin producing in the U.S.
The Reshoring Initiative, which works to return manufacturing jobs to the U.S., estimates that as many as one million jobs can be returned based on objective cost analysis. This is the goal of ROMJ and the Reshoring Initiative.
Carl Carstensen, who recently retired after 37 years with IBM global consulting services with a focus on the industrial sector, is leading ROMJ. “I’ve seen so much offshoring in my career,” said Carstensen. “Although lower labor rates encouraged tens of thousands of manufacturers to relocate production, total cost comparisons today may encourage as many as 25 percent to return jobs to the U.S.”
Harry Moser, founder of the Reshoring Initiative said, “The Reshoring Initiative is pleased to cooperate on this important project. Funding by ROMJ will allow the Initiative to support ROMJ’s efforts and dramatically increase our own promotion of reshoring and support of companies considering reshoring.”
The Return One Million Jobs campaign is organizing a $20 million fund for a major data analytics program to compare the total cost of offshored production with costs in the USA for all offshored manufacturing.
ROMJ’s first job is to inspire all 100,000 US manufacturers with offshore production to participate in the free data analytics project. Carstensen added, See www.returnomj.com.
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