Reshoring Opportunities for UK Manufacturers

January 29, 2014 2:18 pm

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Companies are to be helped to bring manufacturing back to the UK in ‘Reshore UK’, a new initiative involving UK Trade & Investment and the Manufacturing Advisory Service. UKTI has identified 1,500 manufacturing jobs brought back to the UK since 2011 and a MAS survey shows companies citing costs, quality and reducing lead times as the top three reasons for moving production back to the UK.

Reshore UK will provide a matching and location service, access to advice and support and a named individual to help each company. MAS’s role is to help support small and medium sized businesses to be globally competitive and to ensure there is capacity in the UK supply chain to take advantage of the reshoring opportunities. UKTI will use its global networks to attract foreign companies to invest.

By joining up the range of support available, the new service, Reshore UK, will be accessible for both UK and international firms and will ensure that they get the right support when they need it most. It sees government working in partnership with industry in line with the Industrial Strategy, giving business the confidence to invest, creating more jobs and growth in the UK.

Steven Barr, Head of the Manufacturing Advisory Service (MAS), says: “Reshoring is a huge opportunity for UK manufacturers and we are delighted to be working in partnership with UKTI to give both domestic and international firms access to this one-stop service.  Our expert advisors working on the ground will continue to ensure firms offer world class manufacturing performance and have the capacity in place to take advantage of larger companies bringing production home.”

Business Secretary, Vince Cable, says: “British industry is coming home. Over the last few months I have welcomed many companies who have taken manufacturing, textiles, call centre work or software abroad, bringing jobs back to the UK. This is a sign that diverse, high-quality British manufacturing is on the rise once again.  It also highlights the ability of British-based business to stand strong in the face of global competition. The partnership between UKTI and MAS will further support British industry so they can continue to succeed. This builds on our long-term partnership with industry in key sectors like aerospace, automotive and oil and gas, which is giving business the confidence to invest in the UK and drive growth.”

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