Industrial Manufacturing Webinar: Onshoring and Near-Shoring Coming to U.S.
SUGAR LAND--September 10, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--While the COVID-19 pandemic rapidly depleted near-term industrial spending, especially in the second quarter, the long-term economics of the pandemic could have some positive effects on the U.S. and North American economy as U.S. companies in the Industrial Manufacturing Industry seek to overhaul their supply chains and reshore parts and supply manufacturing facilities to the U.S., or "near-shore" them to the Mexico and Canada. In addition, certain sectors within the industry, such as data centers and computers and semiconductors, have seen bumps in spending as people increasingly go online to work, attend school and shop.
