• BeMoreCareful@lemmy.world
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    9 months ago

    The US is also in the middle of the largest industrial build out in history which will bring much of our industrial plant back to North America.

    What’s this now?

    • Dead_or_Alive@lemmy.world
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      9 months ago

      See article for details but there is a huge surge in construction of factories and manufacturing in North America.

      Mostly due to decoupling from China, not only because they’ve proven to be terrible economic partners but because their population is imploding.

      We also found that we can automate a lot of manufacturing since Covid. A textile factory used to need hundreds of workers. With modern mills you need maybe a handful to maintain the machinery while it produces almost finished garments. You can now locate your factory near consumers and avoid long transport.

      https://home.treasury.gov/news/featured-stories/unpacking-the-boom-in-us-construction-of-manufacturing-facilities