Are American Manufacturers Ready for Reshoring?

Are American manufacturers ready for reshoring?

Suddenly, after decades of watching manufacturing jobs move to Asia, reshoring is front and center in the media. The Trump Administration’s tariff policy, preceded by Biden Administration legislation like the CHIPS Act, have brought the issue of manufacturing in America to the forefront, but now that it’s happening, and quickly, the hard work really begins.  First COVID, and now tariffs have forced American manufacturing to rely on supply chains…

Reshoring Initiative 2024 Annual Report - IndMacDig

The Reshoring Initiative 2024 Annual Report shows that 244,000 U.S. manufacturing jobs were announced in 2024 via reshoring and foreign direct investment (FDI), continuing the nation’s push to rebuild domestic production capacity. While early 2025 job announcements are trending lower, policy stability could quickly unlock another wave of reshoring-driven investment. Since 2010, over 2 million jobs have been announced as U.S. companies and foreig…