Last spring the UK experienced a growth in reshoring manufacturing, following the industry trend in North America. 18 months later, how has this evolved and what will be the impact of Brexit?
Family-run, UK plastic injection moulding company Pentagon Plastics have continued to experience a resurgence in reshoring. Over the last year they have welcomed an increase in enquiries from customers that have previously used overseas suppliers.
Paul Edwards, Managing Director, highlights that companies looking to bring their manufacturing back to the UK ...
Reshoring got top billing a couple of years ago when Prime Minister of the day David Cameron launched a government-backed reshoring initiative. This saw UK Trade & Investment and the Manufacturing Advisory Service (MAS) form ‘Reshore UK’ (https://is.gd/dizale).
That was January 2014 and the initiative is no longer; just like MAS. Today we have ‘Growth Hubs’ and local enterprise partnerships (LEPs), but a search for ‘reshoring’ at the LEP network website (https://is.gd/zehipa) delivers no related returns.
So it is left to small trade association ...