Reshoring Statistics and Trends

Reshoring has moved well beyond crisis response. Since 2010, U.S. manufacturers and foreign investors have announced more than 2 million domestic manufacturing jobs. In 2024, that annual total reached 244,000, the third-highest year on record. The 2025 picture is more complex. Tariff volatility and policy uncertainty have slowed the pace. A persistent skilled labor shortage has stalled more than a few announced projects. But the structural shift away from offshore-first sourcing continues.

This page compiles verified data on reshoring job announcements, industry trends, primary decision drivers, and state-level activity. Sourcing teams and procurement professionals can use it to understand where reshoring stands, and how it applies to their own supply chain decisions.

Key Takeaways

Reshoring and FDI produced 244,000 announced manufacturing jobs in 2024, the third-highest annual total since tracking began (Reshoring Initiative).
U.S. companies outpaced foreign investors in 2024 reshoring by the widest margin ever recorded.
88% of 2024’s announced reshoring jobs fell into high-tech or medium-high-tech manufacturing.
Early 2025 data projects a drop to roughly 174,000 announced jobs, contingent on policy stability.
Tariffs drove reshoring decisions in 454% more cases in early 2025 compared to 2024.
A stronger skilled workforce would motivate more reshoring than any tariff or tax policy; OEM data shows a 30% reshore rate tied to workforce availability, versus 23% for a 15% tariff.
69% of U.S. manufacturers have begun reshoring their supply chains. Of those, 94% report success.

Reshoring and FDI Job Announcements by Year

The reshoring trend accelerated sharply after 2020. COVID-19 exposed the fragility of offshore-dependent supply chains and triggered a sustained wave of domestic investment. The following table tracks annual job announcement totals alongside the primary force behind each period, based on data from the Reshoring Initiative. Note that these figures represent announced jobs, not jobs filled. The Reshoring Initiative reports that roughly 1.7 million of the 2-million-plus announced positions since 2010 have been filled.

YearReshoring + FDI Jobs AnnouncedPrimary Driver
2020~160,000COVID-19 supply chain disruption
2021~260,000Post-COVID domestic manufacturing investment surge
2022~364,000 (record)CHIPS Act and Inflation Reduction Act (IRA) enacted
2023~287,000CHIPS Act and IRA funding begins flowing
2024244,000U.S. company reshoring outpaces FDI by a record margin
2025 (projected)~174,000Policy uncertainty delays major investment decisions

Key Insights

Reshoring remains strong despite a projected slowdown. The 2025 decline largely reflects delayed investment decisions, not weakening interest in U.S. manufacturing.
Policy clarity could accelerate new projects. Many announced investments are on hold pending regulatory certainty, leaving room for reshoring activity to rebound quickly.
Tariffs are becoming a major driver of reshoring. Companies cited tariffs as a reshoring factor 454% more often in early 2025 than in 2024, highlighting the growing influence of trade policy on manufacturing decisions.

Reshoring Activity by Industry Sector (2024)

Not all industries reshore at the same rate. Computer and electronics manufacturing and electrical equipment production together drove nearly two-thirds of all announced reshoring jobs in 2024. Both categories received significant federal tailwinds: CHIPS Act funding fueled semiconductor manufacturing, while the Inflation Reduction Act drove investment in EV batteries and solar components. The table below breaks down 2024 reshoring activity by sector, based on data from the Reshoring Initiative and Camoin Associates.

IndustryShare of 2024 Reshoring JobsKey Driver
Computer & Electronics~35%CHIPS Act incentives and semiconductor fab construction
Electrical Equipment~31%EV battery and solar component production
Transportation Equipment~13%Auto OEM localization and EV platform suppliers
Plastics & RubberGrowing (up 126% YoY in select states)Supply chain diversification away from Asia
Medical DevicesSteadyDual-source mandates and regulatory compliance

Key Insights

Semiconductors dominated manufacturing investment. Although they represented just 5% of reshoring projects, semiconductor announcements accounted for $102.6 billion, roughly two-thirds of all foreign capital invested in U.S. manufacturing from October 2024 through April 2025.
A few major companies drove the surge. TSMC and Samsung led new semiconductor fabrication projects, while Amkor invested heavily in advanced packaging facilities.
Arizona became the industry’s reshoring hub. The state attracted the largest concentration of semiconductor manufacturing investment during the period, reinforcing its position as a leading U.S. chip production center.

What Actually Motivates Companies to Reshore

Tariffs receive the most political attention in reshoring discussions, but they rank behind workforce availability when OEMs identify what would most accelerate their reshoring activity. The 2025 Reshoring Initiative survey asked manufacturers directly: what single factor would most increase the share of offshore products you bring back? The results reveal a clear hierarchy.

FactorEstimated Share of Offshore Products OEMs Would Reshore
Stronger skilled workforce availability30%
15% tariff on offshore goods23%
15% depreciation of the U.S. dollar21%
15% reduction in the corporate tax rate18%

Key Insights

Skilled labor is the top reshoring driver. Manufacturers rank workforce availability above tariffs, taxes, and other financial incentives.
The talent gap remains a major challenge. The U.S. will need 3.8 million new manufacturing workers by 2033, with 1.9 million jobs projected to go unfilled.
Supply chain uncertainty continues to drive reshoring. Longer lead times, higher inventory levels, and tariff-related disruptions are accelerating domestic sourcing decisions.

Top States Attracting Reshoring Investment (2024–2025)

Reshoring investment flows unevenly across the country. Energy availability and workforce demographics largely determine which states win the largest share, alongside pro-business policy environments that reduce friction for large capital projects. The Southeast and Southwest have absorbed the highest concentrations of recent activity, with the Midwest holding steady in automotive and advanced manufacturing, according to Reshoring Initiative data from 2024 and Q1 2025.

State2024 Ranking / StatusKey SectorsNotable Activity
TexasTop 2025 stateSemiconductor packaging; advanced manufacturingFoxconn (Houston) and Wistron (Dallas) expansions
South CarolinaTop 2025 stateAutomotive; EV batteries; aerospaceTier 1 supplier localization across the Upstate region
Mississippi#7 in 2024; projected #3 in 2025Transportation; plastics & rubber12,084 projected reshored jobs in 2025; transportation (+139%) and plastics/rubber (+126%) growth
ArizonaSemiconductor hubChip fabricationAmkor expanded its Peoria investment from $2B to $7B
OhioSteady growthAutomotive; advanced manufacturing retrofitsWhirlpool committed $300M across its Clyde and Marion facilities

Key Insights

Second-tier states are emerging as reshoring leaders. Mississippi climbed to 10,746 reshored jobs in 2024, showing that major manufacturing investment is expanding beyond traditional hubs.
Transportation and plastics are driving growth. These industries fueled Mississippi’s reshoring gains, reflecting strong demand for domestic precision components.
Component suppliers stand to benefit. Growth in transportation and plastics manufacturing is increasing demand for high-volume die-cut parts used in downstream assembly.

About Colvin Friedman

Colvin Friedman has operated as a U.S.-based precision die cutter since 1949. The company produces custom die-cut components, plastics and foams, specialty films, and adhesive-backed substrates for high-volume OEMs across medical, industrial, and consumer markets. Colvin Friedman runs up to 40,000 units per hour and maintains tolerances down to ±0.005 inches, with a 99.99% on-time delivery rate.

As reshoring accelerates domestic production and compresses supplier timelines, sourcing teams need component partners who can absorb surging demand without extended ramp-up. Colvin Friedman integrates directly with Kanban, JIT, and other inventory management systems, keeping lines running and stock-out risk at near zero.

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