A new industry survey capturing the perspectives of original equipment manufacturers (OEMs) and contract manufacturers (CMs) on reshoring and domestic supply chain sourcing is set to be released this April in a joint project between the Reshoring Initiative® and Regions Recruiting®. With approximately 500 respondents, the survey offers critical insight into how U.S. manufacturers will respond to proposed federal policy changes.
Conducted in Q1 2025, the survey comes at a pivotal time. As the Trump administration considers new economic policy for U.S. manufacturing, manufacturers are navigating complex decisions about costs and planning for potential supply chain disruptions and workforce shortages.
The survey highlights the real-world challenges and decisions being made by OEMs and CMs and provides a timely look at how the industry is adapting to both risk and opportunity.
We will share the full findings of the survey in April with the new administration, trade associations, industry leaders, and the media to help inform smart, data-backed policy that strengthens U.S. manufacturing capabilities and workforce readiness.
For advanced access to key points, please contact Harry Moser at Harry.Moser@reshorenow.org.
1Q2025 Reshoring Survey
- How much would OEMs reshore if a 15% universal tariff is implemented?
- What alternative policy changes would have even greater impact?
- What is driving reshoring?
- What is delaying reshoring?
- Import price as % of domestic price.
- Importance companies place on community and country vs. profits.
- Impact of concern over possible decoupling with China.
- Equivalent answers for contract manufacturers, a previously un-surveyed, but critical, industry segment.
2024 Reshoring Report: Reshoring and FDI Hold Steady – Draft
- The Reshoring Initiative has new unique data available on actual announced reshoring and foreign direct investment (FDI) projects:
- 245,000 reshoring and FDI jobs were announced in 2024, bringing the cumulative total to over 2 million since 2010. Reshoring is outpacing FDI by more than any other year: 66% to 34%.
- Government Incentives were once again the most frequently cited factor in reshoring and FDI decisions, followed by Skilled Workforce, Proximity to customers/market, and Supply Chain interruption risk.
- The Computer & Electronic Products industry, driven by the Chips Act, saw the most jobs announced, overtaking last year’s leading industry, Electrical Equipment, Appliances & Components, driven by EV batteries and the IRA.
- In the absence of continued government subsidies for the manufacturing industry, will Trump’s tariffs be able to replace the momentum we have seen in recent years? 2024 and 1Q2025 data indicate some early movement in Primary Metals (steel and aluminum), Transportation (automobiles) and Chemicals (pharmaceuticals) in reaction to the anticipated tariffs.
Early data on 1Q 2025: We are seeing a surge in large projects, many contingent on firm implementation of significant tariff rates.
Evaluation: The Reshoring Initiative’s evaluation of proposed tariffs vs. an ideal industrial policy.
About The Reshoring Initiative®
Founded in 2010, the Reshoring Initiative’s mission is to eliminate our $1.2 trillion goods trade deficit and increase U.S. manufacturing by 40%. The Initiative accelerates reshoring by documenting the trend and assisting companies in accurately assessing their total cost of offshoring. The Initiative shifts collective thinking from “offshoring is cheaper” to “local reduces the total cost of ownership” through advocacy and by providing tools and support. Primarily as a result of more reshoring and less offshoring, manufacturing employment has risen over the last 14 years, the best record in the last 45 years. www.reshorenow.org
About Regions Recruiting
Specializing in the industrial manufacturing and B2B distribution industries, Regions Recruiting™ partners with Fortune 1000, SMEs and emerging growth companies to place extraordinary people to advance their U.S. businesses. Given the Administration’s April 2 announcement on tariffs and the anticipated surge in reshoring activity in the coming years, Regions Recruiting is excited to announce a new offering to provide interim support to augment manufacturers working to start up or expand their U. S. facilities. These interim resources will include experienced manufacturing functional leaders with exceptional technical depth in operations, supply chain/procurement, engineering, commercial strategy (sales and marketing), and human resources.
Contact knunnally@regionsrecruiting.com to learn more.
