Contract manufacturing didn’t just start with the outsourcing rush to China, says the news website Supply Chain Dive. It can be traced to the dawn of the Space Age and the birth of a company called SCI Systems.
Contract manufacturing continues to grow, and some companies are looking to return to the United States. Recently, a Taiwanese company called Hon Hai Precision Industry, better known as Foxconn, announced plans to build a $10 billion manufacturing facility in Wisconsin.
