the valley is seeing nontech companies reshoring. a year ago, it moved?ity.c and sales continue to grow. he says reshoring work autos i think companies are so used to doing business in asia. they're not sure if the benefits they can get from reshoring. >> american consumers will play a big role. a lot of consumers became very price conscious. in milpitas abc 7 news. >> thank you. >> and thanks for joining us for abc 7 news at 4:00, abc 7 news at 5:00 begins right now. >> thank you. stranded cruise ship passengers spell out a message0ç of help and latest on efforts to get them to shore tonight after hitting a snag today. >> and sheriff ross mirkarimi does jail house rock with inmates. a dance some might find ironic considering the message behind it. >> i'm sandhya palt pathel. spring is in the air, how long, when will rain arrive? the plot thickens in an explosive situation in the south bay. good evening, i'm dan ashley. >> i'm cheryl jennings. the target is state senator leelandy because of a tough stand on gun control. abc 7 news joins us with the latest

so, what industries are actually prime for this reshoring trend? i want to try to get a trade out of this, jeff. connect the dots for us. >> sure. well, first of all, we think the skims gap is overblown. you're seeing a lot of public/private partnerships that may help address that. doesn't doesnmean there aren't to be manufacturing jobs y s al over the world. we're seeing core manufacturing. jobs that have -- jobs that are energy intensive. anything that bends or melts metal tends to be tied very much to energy costs. so, you're seeing aluminum companies, we think, will be the next one to fall. you're seeing companies that manufacture metal items like masterlock are coming back here. you're seeing energy, intensive manufacturing like the auto industry, the president in the state of the union specifically mentioned ford, but it's more than ford, it's japanese automakers like nissan, shifting production here, as well. but to get -- >> appreciate it. jeff. >> thank you. >> question here for an investor, though, is this a trend worth investing in? >> n

number one being the reshoring of american manufacturing, that america being a magnate for new jobs. the second point was rebuilding the infrastructure. third point was quality education and training, equipping american people with the skills they need for 21st century jobs. and through those measures that he will create new jobs and new jobs lead to thriving middle class. i think this time around, he made sure that he focused on the economy. he renewed his commitment to maintaining global peace and order, freedom and democracy and he also, as far as individual subjects go, he brought up iran, north korea, warning them on provocations and their nuclear ambitions. and he brought up cyber threat as nuclear threat. i don't think he spent that much time on foreign policy or national security, but because this is the beginning of his second term, his second and his last term in office as president, usually presidents start to think about their legacy, their place in history. many presidents in the past have focused oreign policy, but judging from today's state of the union, maybe presiden

we are beginning to see a bit of reshoring with shale gas. mayors, but more importantly business leaders, firms, universities, and the skills intermediaries together, the network, are saying -- what do we have here? what do they need? the biggest response they get for most of these firms is that they're facing a industrial worker retirement to some extent than they have no feeder system in the locality or mitropoulos because they got rid of them. what we're basically working on across the country is called the race to the shop where we can bring back a 21st century kind of technical training customized to these very differentiated specialized clusters. >> about five minutes ago, i said there was a tension between productivity growth, competitiveness, and job creation here in the united states. as i was saying that, i wanted to correct myself or throw in a caveat. your time at kodak, you spent seven and a half years at eastman kodak. that suggests that maybe there is not such a clear trade-offs. maybe it is possible to have competitiveness and

we reported on ourselves on reshoring of jobs and an expansion in manufacturing in terms of jobs, butrspective on that. take a look at the numbers about. if you look at the number of manufacturing jobs, say in the '70s, at its peak. well, we've had 40% decline since then. if you look at the end of that chart, maybe you see some small tick up but it is pretty small. and in another interesting note, and this is what you report, ashley, this is a study commissioned by the trade group, for the manufacturers, they found that when it comes to opening plants, actually the real number of plants that exist in this country has been declining since the '70s, steadily with no abatement. if you look at number about plants in any one month or year, the number open compared to the number closed, far more closed than open. that's the sad story of this. it has left a lot of rusting and decaying hulks like this one. this was the barbara coleman company in rockford, illinois. it made everything that made manufacturing go. the machinery, the motors, the gears, the tools. 65 acres of buildings like this o

. >> and what about the prospect for reshoring british production?allen, has it become cheaper, easier? are there other reasons for the supply chain, where you would want to bring production back home? >> you know, it's a really great question. we've been focused on manufacturing what we can here for the last six, seven years. we've got two big facilities in the north of england that we've been investing in. we've doubled our workforce over that period of time. all of the heritage rain wear that you see is in stores. the heritage fabric is all woven here in fwlnd, it's manufactured here. it's been a key part of our strategy as we've transformed the company. >> beautiful show. angela aarons there from burberry. >>> coming up, will the u.s. housing numbers improve the sector? >> we'll preview the reports when we come back. to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves woul

so now reshoring is the big thick. we hear sponsored by the atlantic and great series of articles in the december issue about insourcing. and there has been this trend that pendulums back and forth over the decade. first you outsource, then you offshore, and now we're reshoring. and i think another term to think about is right shoring. different things will be made in different places. as jeff immelt said, globalization is not a bad thing. i'm not going to say it's a bad thing. it's a great thing, a wonderful thing. things will be made in different places and they should be. but we can be smart about what we're doing where, and that means having deep, integrated holistic decisionmaking, understanding where we are now and also thinking longer term. there are great examples of companies that have done this all along, even with the hurdles sometimes washington, d.c., might throw up there. one i can think of right now is the herman miller company. makes furniture. office furniture. they've introduced some wonderful -- kind