Coronavirus/Covid-19 Information & Updates for Manufacturers

Report Sees Manufacturing Reshoring Spike

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According to Thomasnet.com’s “State of North American Manufacturing, 2021 Annual Report,” 83% of North American Manufacturers report that they are “likely” to “extremely likely” to reshore, compared to 54% in early 2020, with an estimated impact of $443 Billion.  Increasing interest in reshoring is presumably related to supply chain dislocations and risks related to COVID and tariffs, among other things .  See the report here.

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