American manufacturers pine for home as COVID disruptions, Trump tariffs shake up supplies

Want More?

Download the PDF

Want to stay up to date on the trends and issues impacting your supply chain?

I understand that Tompkins will only use this information to contact me about business opportunities. By completing this form I am confirming that I have read and accept the Privacy Policy.

Contact Us

We would love to hear from you.
Call Us: 561-994-0012

Want to stay up to date on the trends and issues impacting your supply chain?

I understand that Tompkins will only use this information to contact me about business opportunities. By completing this form I am confirming that I have read and accept the Privacy Policy.

Published December 28, 2020

Share on:

President Donald Trump’s trade war was supposed to encourage American manufacturers to pack up their Chinese and other international operations and move them to the U.S.

The same is true of COVID-19, which disrupted just-in-time deliveries by shutting down factories around the world.

Instead, the uncertainty caused by Trump’s trade war and COVID-19 supply chain disruptions paralyzed corporate decisionmakers, and though more than 600 U.S. manufacturers opted to return to the United States this year,  the number is down by one-third compared with 2018.

“A lot of companies are like frozen deer in the headlights,” said Jim Tomkins, chairman of Tomkins International, a North Carolina consulting firm that helps manufacturers decide whether to bring their operations back to the U.S.

“They don’t like having to depend on China. They would maybe like to bring back manufacturing to Mexico or the U.S. But because of the uncertainty, they can’t tell me their requirements. They don’t know how much they’re going to sell. And given how much they don’t know, this probably isn’t the best time to make any major capital investments.”

Read More

Newsletter Signup

Subscribe

Sign up for our latest Insights and News.
Join over 50,000 others, it’s completely free!

I understand that Tompkins will only use this information to contact me about business opportunities. By completing this form I am confirming that I have read and accept the Privacy Policy.