Sam Moses and Al Guarnieri wrote an article in Global Trade Magazine on the latest trends in foreign direct investment amid the pandemic.
"Foreign manufacturers are increasingly focused on how evolving 'Buy American' requirements may impact them," they wrote. "And like most U.S. domestic manufacturers, foreign manufacturers continue facing challenges with supply chain disruption, with the grounding of the Ever Given in the Suez Canal as just the latest headache. In order to mitigate risks associated with more restrictive local sourcing requirements and complex logistical challenges, foreign manufacturers are revisiting the localization of distribution, assembly and production activities in the U.S."
"Those are a few takeaways from our conversations over the past three months with dozens of business leaders from the UK, Germany, Austria, Italy, India, China, South Korea, Mexico and other countries around the world," they continued. "The focus of those conversations has been navigating FDI and supply chain disruption amid the pandemic."
Click here to read the full article on the trends they are seeing and how companies are adapting: Foreign Direct Investment (FDI) and Supply Chain Disruption: Key Takeaways From the 1st Quarter.
Global Trade Magazine reaches nearly 230,000 professionals in the world of manufacturing, distribution, and international business, including C-suite executives and managers.