In recent years, global economic dynamics, changing geopolitical landscapes and disruptions such as the COVID-19 pandemic have led to a significant shift in manufacturing strategies. Companies that once solely focused on outsourcing production to low-cost regions abroad are now considering bringing manufacturing operations closer to or within U.S. markets. This is driven by several factors, including a desire to lessen supply chain risks, reduce lead times, enhance quality control, and tap into the growing consumer demand for locally made products.

This piece summarizes valuable reshoring and nearshoring insights from a recent discussion between JLL Industrial’s Executive Managing Director, Greg Matter, and Senior Vice President Ada. It discusses the trends, benefits, challenges and other factors U.S. manufacturers should know as they consider bringing their own operations and facilities stateside, such as:

• The driving forces of nearshoring and reshoring – and what they mean for the future

• The federal incentives that are driving investment

• The impact of tariffs

• The top industries that are coming back to the U.S.

• How to meet the labor challenges involved with reshoring

• The “three Ps” to consider when searching for your ideal location

Download the piece to start helping your business foster economic resilience, mitigate disruption and more.

Please CLICK HERE to download the White Paper.