Return to Growth

Midwest

A new program will help manufacturers benefit from in-depth planning and tailored business solutions. 

Almost all manufacturing firms can use some kind of help, expecially if they are working to onshore their operations or begin exporting. Baker Tilly Virchow Krause, an accounting and advisory firm, is launching a new initative to be of assistance in those areas.

In February, Baker Tilly formed the Center for the Return of Manufacturing (CFRM) – a resource to help U.S.-based middle market manufacturing companies execute their strategies by initiating or returning operations to the United States and unlocking export and revenue growth opportunities abroad. The CFRM will provide similar services to companies located abroad and for those with an interest in launching manufacturing operations in the United States.

“The United States manufacturing sector has undergone significant and fundamental changes in recent years, particularly in traditionally heavy manufacturing states,” says Jeff Jorge, CFRM leader. “We created the CFRM for our clients and those manufacturers who have been looking for advice and guidance to help manage those changes as well as those we expect to come.”

The CFRM is a community of influence and experience, providing the knowledge, proven processes and proprietary methods for successfully assisting with a range of manufacturing-related issues. Those issues include reshoring, global manufacturing, site selection, project financing, domestic and international tax, import/export and supply chain and technology services in addition to ongoing industry insight and tax reform updates.

“The CFRM will play an important role in the future of U.S. manufacturing by offering tools and hands-on support to manufacturers. We emphasize balance in our approach to help companies analyze, understand and confidently execute the favorable business case for reshoring, relocating, growing and optimizing operations in the U.S,” Jorge adds.

The CFRM community includes the knowledge and insight of hundreds of Baker Tilly professionals and is led by Jorge who also leads the firm’s international growth services practice and the Latin America service desk.

“We represent a great number of manufacturing firms and we are preparing them for anticipated changes in tax and trade policy,” Partner and Baker Tilly Manufacturing Industry Leader Brad DeNoyer says. “Baker Tilly’s depth and breadth of manufacturing experience positions the CFRM to play a uniquely important role in helping U.S. manufacturers achieve their goals in a complex and ever-changing global marketplace.”

“The global landscape for manufacturers is changing,” Jorge says. “They need foresight, advice, advocacy and resources and the CFRM is very well positioned to help those companies navigate the new future in manufacturing and product demand – both in the U.S. and abroad.”

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