Impact of COVID on US manufacturing?

by a searcher

3 years ago

What will be the long-term impact on the supply chain for manufacturing due to COVID? My assumption is that "essential" products that may have historically been manufactured overseas, will move back to the US. What is the community's view on non-essential products - will manufacturing remain overseas given the high labor costs in the US? How are searchers looking at manufacturing opportunities assessing this in context of the election results as well.

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investor from INSEAD

In Australia, manufacturing (particularly advanced manufacturing) is a huge growth opportunity (not just due to COVID but mainly due to advances in technology). I'm not sure how this translates in the US market but I think acquisition entrepreneurship is a great pathway to growth in domestic manufacturing in every market - taking a traditional manufacturing business with track record, cashflow, and fundamental capabilities and then augmenting that with advanced manufacturing techniques and products.... excellent search vertical.

3 years ago | like reply | 0 likes

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