Examples of Manufacturing Moving to US

[Viking]

One reason to be bullish on the North American/US economy in the coming years is all the talk about de-globalization and onshoring. I thought it would be good to start a thread that captures actual examples. 
—————

Chips are the poster child. 
Intel breaks ground on 2 Arizona chip plants worth $20B

- https://www.constructiondive.com/news/intel-breaks-ground-on-2-arizona-chip-plants-worth-20b/607760/

Intel is planning to invest more than $20 billion in the construction of two new leading-edge chip factories in Ohio

- https://www.intel.com/content/www/us/en/corporate-responsibility/intel-in-ohio.html

—————

Lego is also getting in to the act

Lego to invest over $1-billion in U.S. brick plant

- https://www.theglobeandmail.com/business/international-business/us-business/article-lego-to-invest-over-1-billion-in-us-brick-plant/

The investment is in line with a decade-old strategy of placing production close to its key markets, which the company says has been beneficial as the global retail industry faces pandemic-related supply chain issues. The plant will also be carbon neutral.

 

“Our strategy to be close to our core markets has only been confirmed recently,” Chief Operations Officer Carsten Rasmussen told Reuters. The toy market is characterized by large seasonal fluctuations, while more than half of the company’s products in stores are new items, he said. “It’s difficult to predict what children and adults want to buy for a birthday or for Christmas. So the reaction time is very worthwhile to make sure we have the right products on the shelves,” said Rasmussen.

The factory will be powered by renewable energy produced at an onsite solar park, the company said.

 

Lego, an abbreviation of "leg godt" meaning "play well" in Danish

—————

Gildan has said they expect apparel companies to source more products from North America in the coming years at the expense of Asia.

[fareastwarriors]

Samsung Electronics Announces New Advanced Semiconductor Fab Site in Taylor, Texas

 

https://news.samsung.com/global/samsung-electronics-announces-new-advanced-semiconductor-fab-site-in-taylor-texas

 

Samsung’s $17 billion investment in a new facility will boost production of advanced semiconductors

 

This latest expansion of Samsung’s U.S. presence is expected to create over 2,000 high-tech jobs directly and thousands of related jobs once the new facility is in full operation. 

[Guest]

That might be bullish for the economy but I highly doubt it would be bullish for equities. 

[Viking]

If this trend is real and plays out in scale it will be a great development for the economies of North America (US, Canada and Mexico). And this will be benefit many North American companies (equities) and workers. Steel is an obvious example.
 

Losers? Regions that lose production. And it will likely add an inflation impulse to North American economies.

Edited June 16, 2022 by Viking