We've been hearing a lot of anecdotes about reshoring for several years now, although it's a bit hard to nail down just how many jobs have been added to U.S. manufacturing.
Yes, there are some statistics. The Reshoring Initiative, for example, says 1 million manufacturing jobs were added between 2010 and 2020, with expectations that those numbers will increase as companies realize "the need to shorten supply chains and produce goods at home," the Initiative noted in a 2020 report.
Researchers with Kearney noted in another report that the pandemic briefly slowed reshoring moves, but the trend toward bringing production to the U.S. did pick up again.
As always, it may take time for statistics to catch up with individual cases, but this week Plastics News had three stories in just two days about companies investing in both reshoring and "near shoring" with manufacturing just outside the U.S.:
• Miller Manufacturing Co. is integrating the former Lakeland Tool and Engineering Inc. in Anoka, Minn., into its production to meet increased demand for its pet and farm animal products.
"We are reshoring products currently being made in China and other global locations and many of these products are in our new facility in Anoka," CEO Dan Ferrise told reporter Catherine Kavanaugh. "Buying American is a big part of our strategy, and this strongly reinforces our commitment in doing so."
• Brecher Manufacturing LLC is adding production capacity in Riverside, Calif.
The company told PN correspondent Jeannie Reall that it has worked with partners in China but has seen a "huge spike" in demand for the convenience of U.S. manufacturing.
• Medical molder UFP Technologies Inc. of Massachusetts acquired DAS Medical Inc., a maker of medical sheets, covers and pouches, for $75 million recently to add DAS' production in the Dominican Republic to add lower-cost manufacturing close to its U.S. base, reporter Sarah Kominek wrote.
With concerns still growing about supply chain issues and slow transportation through ports, don't be surprised to see more investments in local — and nearby — production. And hopefully, we'll have more numbers to back up those individual stories soon.