The global COVID-19 pandemic put a strain on supply chains for many manufacturers in the heavy equipment industries. This was due in part to many suppliers being located in China which was one of the first places impacted by the virus and shutdowns. As such, there has been talk in the industry of the potential for reshoring, or bringing manufacturing operations back to the U.S.
Many economists believe this could aid with economic recovery, and the construction sector could also benefit from the increased work this would bring to their market.
In this episode of Transportation Chain, Sara Jensen, Editor of OEM Off-Highway talks with Becky Schultz, Editor of Equipment Today, about the challenges and benefits reshoring could have on the U.S. manufacturing and construction sectors.
This discussion is part of a six-part video series called Transportation Chain in which the various brands of AC Business Media examine how current events are impacting transportation, trucking and supply chain management, as well as other related industries.
Watch the full third episode from which this segment is a part to get further insight into impacts on the construction, trucking and supply chain industries.
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