After Covid-19 pandemic upended supply chains, American companies are shifting jobs and processes to the U.S.
Micron Technology, based in Idaho, said it planned a $40 billion expansion of its current headquarters and investments in memory manufacturing. Photo: Steve Helber/Associated Press
U.S. companies are bringing workforces and supply chains home at a historic pace.
American companies are on pace to reshore, or return to the U.S., nearly 350,000 jobs this year, according to a report expected Friday from the Reshoring Initiative. That would be the highest number on record since the group began tracking the data in 2010. The Reshoring Initiative lobbies for bringing manufacturing jobs back to the U.S.