The push to bring manufacturing back to the United States is unlike anything Didi Caldwell has seen in her career.
Private companies have spent more than half a trillion dollars since 2021 to onshore facilities back to the U.S., according to the White House. As long as labor shortages don’t derail that momentum, that record amount of manufacturing construction activity isn’t expected to slow down anytime soon.
“I haven’t seen in the last 25 years anything like this,” said Caldwell, president and CEO of Global Location Strategies, a Greenville, South Carolina-based business consulting and services firm for capital, labor, energy and water intensive manufacturers. “This is a once-in-a-lifetime or a once-in-a-century-type event that we’re experiencing.” More