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ARTICLE · 13 MARCH 2023

Bringing Manufacturing Back: Tips For Planning A Successful Factory Construction

Gould & Ratner LLP
Gould & Ratner LLP
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If you think that there is a lot of talk about new factory construction in the United States in recent months, you are correct. Ryan Beene, a writer for Bloomberg News, noted last year that some in financial circles...

United StatesReal Estate and Construction
Richard S. Reizen
Richard S. Reizen
Hannah R. Batsche
Hannah R. Batsche

If you think that there is a lot of talk about new factory construction in the United States in recent months, you are correct. Ryan Beene, a writer for Bloomberg News, noted last year that some in financial circles had predicted that the "fever" among American executives to shorten supply chains and bring production back to the United States would be short-lived as the pandemic faded. However, Beene, after reviewing earnings calls and conference presentations, found the trend to bring manufacturing back to the U.S. actually was accelerating. In 2022, the construction of new manufacturing facilities rose 116%. That dwarfs the 10% gain on all other building projects combined reported by Dodge Construction Network.

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