So far, 2013 has been a year that has many economists and manufacturing firms excited about employment in the goods producing sector. Apple was one of a handful of companies that have announced they plan to be bringing jobs back home from overseas, which is stoking confidence that a manufacturing renaissance could be on the horizon.
Global technology giant Oracle is the latest company to make such an announcement, with company leaders stating recently that the firm will begin to produce all of its high-end servers and storage systems in one of its facilities in Oregon, Forbes reports.
According to the news source, Oracle vice president Luke Kowalski stated that "by moving production of our industry-leading systems and servers from Mexico to Oracle's Hillsboro facility we'll be able to meet customer demand while bringing new technology jobs to the state of Oregon."
The announcement provides further evidence that America could be headed toward an age of "onshoring," Oregon Governor John Kitzhaber explained.
"I want to recognize Oracle's decision to expand in the United States rather than overseas, just the latest example of an industry leader choosing to 'onshore' in our state," said Kitzhaber. "This is further proof of Oregon's competitiveness in the global economy and a recognition that Oregon workers are second to none in their skills and training."
According to the Portland Press Herald, U.S. manufacturers have been faring relatively well since the end of the recession, with nearly 500,000 jobs returning to the sector. Currently, 12 million people work in manufacturing, and employment is on an upward trend for the first time since the Clinton Administration.
As part of the onshoring trend, companies are also turning to contract labor solutions to manage costs and liabilities. But considering many of these firms brought their jobs back to improve oversight and have greater control over the process, many are looking for performance-based flexible labor solutions to manage workforce liabilities and avoid increasing labor costs while still within their US facilities.