Thursday, February 12, 2015

U.S. a hotspot for aerospace

SEATTLE -- The aerospace industry is shifting more manufacturing to the United States after a decade in which production jobs went to China and other emerging economies. That's according to a new study by ICF International, which analyzed more than 2,000 investment transactions made since 2000 and found 28 manufacturing investments in the United States from 2012 to 2013. That's compared to eight each in China and Mexico and four in Brazil. A decade earlier, Mexico led the pack. The study was mentioned at the annual Pacific Northwest Aerospace Alliance conference this week. This year, for the first time, a northwest Florida economic development group is the primary sponsor of the conference. Jennifer Conoley, economic development representative for Gulf Power, said the $15,000 sponsorship by Florida’s Great Northwest economic development group was a great way to get in front of the audience. (Source: Reuters, 02/11/15)