The U.S. share of global manufacturing has shrunk from about 50% in 1945 to 17% in 2018. We sacrificed our manufacturing economy to help developing countries achieve middle class incomes and democracy. Unlike competitor countries, we failed to establish an industrial policy. Currently, at least half of what we consume in the United States is imported, with major supply chain gaps such as PPE, chips and rare earth minerals. We are severely dependent on other countries, including potential adversaries. How did this trend occur? What success have we had since 2010 in reversing the decline? What needs to be done to restore self-sufficiency, to reestablish U.S. supply chains? How can companies engage and benefit? What does the U.S. government need to do to level the playing field? What tools and resources does the Reshoring Initiative provide. Get answers.
Airs the last thursday of every month. First episode airs March 31, 2022.
Harry founded the Reshoring Initiative to bring manufacturing jobs back to the U.S. after working for high end machine tool supplier GF AgieCharmilles, starting as President in 1985 and retiring 12/31/10 as Chairman Emeritus. Largely due to the success of the Reshoring Initiative, Harry was inducted into the Industry Week Manufacturing Hall of Fame 2010 and was named Quality Magazine’s 2012 Quality Professional of the year and FAB Shop Magazine Direct’s Manufacturing Person of the year. Harry participated actively in President Obama’s 1/11/12 Insourcing Forum at the White House, won The Economist debate on outsourcing and offshoring, received the Manufacturing Leadership Council’s Industry Advocacy Award in 2014 and the Made in America 2019 Reshoring Award. He was recognized by Sue Helper, then Commerce Department Chief Economist, as the driving force in founding the reshoring trend and named to the Commerce Department Investment Advisory Council in August 2019.
Harry is frequently quoted in the Wall Street Journal, NYT, Forbes, Financial Times, New Yorker, Washington Post and USA Today and seen on Fox Business, MarketWatch, PRI, NPR, Manufacturing Talk Radio and other national TV and radio programs. He received a BS in Mechanical Engineering and an MS in Engineering at MIT in 1967 and an MBA from U. of Chicago in 1981.