U.S. Manufacturing Sees Resurgence as Companies Reshore Production and Invest Billions in Domestic Factories

Manufacturing is shifting back to the U.S. from overseas, with companies mentioning terms like "reshoring" increasing 216% since early 2022.

$516 billion has been announced in U.S. manufacturing investments since Biden took office. The pandemic exposed risks of reliance on global supply chains.

Companies like Sterling Infrastructure, Quanta Services, and others that build factories and warehouses have seen 100-500% stock gains.

New U.S. laws offer billions in incentives for domestic manufacturing of semiconductors and EVs. Infrastructure spending also supports new factories.

Trend erodes economic ties between U.S. and China, as U.S.-China trade declines and risks of operating in China increase.