According to Thomas’ “2021 State of North American Manufacturing Annual Report,” 83% of North American manufacturers are likely or extremely likely to reshore production, which is an increase from the 54% of respondents who said they planned to reshore back in March 2020. Another key takeaway from the study is that this shift toward reshoring has the potential to drive $443 billion in economic value over the next 12 months in the U.S.

Click here to read more about reshoring from Industrial Heating columnist Harry Moser. Click here to listen to our Interviewing the Author podcast, where Reed Miller discusses reshoring with Harry.