We’ve been hearing a lot lately about the return of industry from foreign shores to the U.S.—a practice commonly known as reshoring—and how these repatriated companies are driving a manufacturing renaissance in America. It’s an enticing idea that resonates both politically and socially, but is it as big a trend as its proponents and various surveys claim?
Research underway at the MIT Center for Transportation & Logistics confirms that over recent years many companies have indeed established new manufacturing capacity in the U.S. However, the initial findings suggest that this is far from the trend that has attracted so much interest, and could have more to do with broader supply chain changes than the rebirth of American manufacturing