A new poll shows that manufacturing CEOs are seriously considering reshoring their operations. Released by Xometry, Forbes, and John Zogby Strategies, the Building American Manufacturing Resilience poll found that 55% of surveyed CEOs have plans to make reshoring a reality, with 95% expecting to accomplish the task this year. Given the nearly universal agreement that supply chain issues will persist in 2023, CEOs are investigating new technologies to help their reshoring efforts, with 72% investing in automation and digital workflows and 47% investing in robotics.
In a recent quote, Randy Altschuler, CEO of Xometry, said, “CEOs recognize that tapping into America’s vast manufacturing infrastructure can help solve most of the world’s supply chain problems. As they bring production back to the States, CEOs are also modernizing shops across the country, deploying digital workflow technologies, investing in new processes, and embracing automation.”