The Decade of Diversification | Tractus

November 13, 2023

Amid rising costs, regulatory changes, and geopolitical tensions, businesses are actively seeking alternatives to China to diversify manufacturing locations. Tractus Directors Dennis Meseroll and John Evans‘ latest article for Site Selection Magazine examines the rise in mentions of “reshoring,” “nearshoring,” and the emerging concept of “friend-shoring” to align with geopolitical interests.

As companies rethink supply chains, read our article to understand how these shifts impact global location strategies.