In this episode of U.S. Manufacturing Today, powered by Variable, host Matt Horine welcomes back Rosemary Coates, Founder and Executive Director of the Reshoring Institute, to discuss the current state of U.S. manufacturing. With over 25 years of experience in evaluating sourcing decisions and supply chain risk, Rosemary delves into the recent trends impacting manufacturing, including the effects of tariffs, the movement of companies from China to Mexico, and the sluggish investment climate due to economic uncertainties. She highlights the importance of developing a robust supply chain within the US and the need for a skilled workforce, particularly in the context of automation and AI integration. Rosemary also discusses the role of government policies, the lack of an industrial policy in the US, and the importance of looking at North America holistically for manufacturing solutions. Key takeaways include the potential for reindustrialization in the US through high-tech, automated manufacturing, and the strategic importance of sourcing and supply chain development.
Timestamps
00:00 Welcome and Introduction00:15 Guest Introduction: Rosemary Coates00:45 Current State of US Manufacturing01:12 Challenges and Trends in Reshoring03:22 Survey Insights: Executive Responses07:58 Policy Levers and Industrial Strategy17:50 Case Study: GE Appliances19:46 Future Outlook and Advice for Leaders26:41 Conclusion and Resources
Links
Navigating Trump 2.0
Revitalizing US Manufacturing
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