These 4 Companies Will Be the Biggest Winners if Manufacturing Moves Back to the U.S.
With COVID-19 still hurting lives and livelihoods in the U.S. and the unemployment rate still at multidecade highs, predictions or promises of vast numbers of new U.S. jobs may seem like fantasy or wishful thinking. However, some observers believe that manufacturing jobs may in fact come back to the U.S., and some say the trend has already begun.
One big factor is the ongoing trend of rising wages in China, where many manufacturing plants are located. When coupled with transportation and tariff costs to move goods and components halfway across the world, the U.S. is starting to look like a competitive option.
Lots of companies would benefit from large-scale onshoring of manufacturing operations, so it's hard to pick just four possible winners. But these top companies would each be poised to benefit for different reasons.
Source Fool.com
