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MISUMI Americas releases reshoring report, supports manufacturing training bill

MISUMI Americas releases reshoring report, supports manufacturing training bill

figure — u.S. manufacturing reached a record $2.91 trillion in value.

S. But how much reshoring is actually happening? MISUMI Americas today released its report on The Rise of U.S. Manufacturing, which has compiled mostly positive statistics. Demographics is driving investment automation, as manufacturers struggle to mitigate the growing workforce challenge. The industry will need 3.8 million more workers by 2033, and 1.9 million of those positions could go unfilled, according to The Manufacturing Institute and Deloitte. Of that 3.8 million, about 2.8 million comes from workers retiring and the remainder from new growth, including jobs tied directly to the CHIPS Act, the Inflation Reduction Act, and the Infrastructure Investment and Jobs Act. More than 65% of manufacturers have cited attracting and retaining talent as their single biggest business challenge. Investment in U.S. manufacturing grows At the same time, U.S. manufacturing value added hit a record $2.91 trillion in 2024, reported MISUMI Americas. The Institute for Supply Chain Management’s purchasing managers’ index (ISM PMI) reached 54 in May 2026, its strongest reading since 2022. Factory construction spending peaked at $235.6 billion in 2024, nearly triple the roughly $81.9 billion spent in 2021, found the U.S. Census Bureau. Semiconductor fabs and electric vehicle (EV) battery plants, fueled by the CHIPS Act and Inflation Reduction Act, drove the majority of that increase.