• Reuters, Friday, May 6, 2011 9:15 AM

In coming years, U.S. multinational companies will bring manufacturing back to the U.S. because rising wages and a strong yuan make China no longer the cheap-labor capital. Boston Consulting Group predicts that U.S. reinvestment will accelerate, as the U.S. becomes one of the cheapest locations for manufacturing in the developed world. The firm has evidence that the trend has begun: Caterpillar, Inc. has moved manufacturing of construction equipment back to the U.S., as has NCR, and toy maker Wham-O. BCG says that's just a start.

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