onshoring

/ ˈɒnˌʃɔːrɪŋ /

noun

1. the practice of employing white-collar workers from abroad

Example Sentences

We believe the expansion of both physical and digital infrastructure will continue to accelerate, as governments prioritize self-sufficiency and security through increased domestic industrial capacity, energy independence, and onshoring or near-shoring of critical sectors.

From Seattle Times

"The whole onshoring initiatives, all the infrastructure, fiscal spending that came through during the pandemic - in people’s minds that was done two, three years ago but the reality is that money hasn’t even gone into the economy yet - it is just now hitting," said Bryant VanCronkhite, senior portfolio manager at Allspring Global Investments in Menomonee Falls, Wisconsin, in an interview with Reuters.

From Reuters

It was founded in 2022 with the aim of onshoring a manufacturing capability for modular that “right now, largely lives in Europe.”

From Seattle Times

Stoyanova said strong policy support in Europe for the shift to electric vehicles and the onshoring of manufacturing made Northvolt particularly attractive.

From Reuters

“The U.S. solar and storage industry strongly supports onshoring a domestic clean energy supply chain, and today’s guidance will supplement the manufacturing renaissance that began when the historic Inflation Reduction Act passed last summer,” she said.

From New York Times