Akademik

inshoring
pp.
Gaining local jobs when foreign companies add or expand upon local operations. Also: in-shoring.
inshore v., n.
Example Citations:
Amen said the center hopes to broaden the study to get a handle on foreign-based companies moving work to the United States. This less-publicized form of globalization is known in corporate America as "inshoring."
— Michael Sasso, "USF To Study Export Of Jobs And Its Effect On Bay Area," Tampa Tribune (Florida), May 4, 2004
The business of finding low-cost substitutes for American workers is getting more complex — and so is the terminology. They don't just call it "offshoring" anymore.
At a recent conference in the palatial Venetian resort, the people who help U.S. companies shift white-collar work overseas offered potential clients a Vegas buffet of outsourcing options: "nearshoring," for those willing to stray no farther than Canada or Mexico; "inshoring," for those who prefer to bring foreign workers to America, and "rightshoring," for those desiring a custom package of in-house and offsite, foreign and domestic.
— Warren Vieth, "Outsourcing Variations Have Some Appeal," Los Angeles Times, April 27, 2004
Earliest Citation:
It's 'inshoring' for Japanese autos
Amid the furor over the loss of U.S. jobs overseas, a movement is under way in the opposite direction, fueled by the foreign companies blamed for employment migration decades ago.
Steadily, the three big Japanese auto companies — Toyota, Honda and Nissan — are expanding their U.S. operations and adding workers. Honda is hiring 2,000 in Alabama to build sport-utility vehicles, and Nissan will add more than 2,000 in plant expansions in Tennessee and Mississippi.
— "In context," Saint Paul Pioneer Press (Minnesota), March 7, 2004
Related Words:
corporate anorexia
capsizing
downaging
dumbsizing
nearshoring
offshorable
rightshoring
unsourcing
Categories:
Globalization
Layoffs and Firings

New words. 2013.