According to Cushman & Wakefield:
“Deciding where to locate manufacturing facilities is a long-term decision that businesses often live with for 20-40 years, so getting the location right is critical. Rising global operating costs are contributing to a trend for re-shoring facilities to the West with stronger prospects for the US (ranked fourth) and certain European locations. Supply chain management and perceptions surrounding brand and where a product is produced are also high on a manufacturer’s agenda, adding to the attraction of manufacturing in home markets.”
Read the full report here.