“We see supply chain investment driving some of the best capex and automation growth in a decade over the next several years," Morgan Stanley said in a report. "We believe normalizing supply chains and lead times will require spending around $65 billion on equipment capex with the majority of the incremental spending taking place over the next 3 to 5 years, representing 7.5% growth vs. historical levels of 3% to 5%."

Ford and GM have plans to vertically integrate semiconductor design and production into their supply chains in an effort to eliminate the kinds of disruptions experienced through the Covid-19 pandemic.

Capex has increased 23% year-over year for S&P 500 companies based on third-quarter results so far, according to BofA. As labor and supply chain issues persist, companies are looking to automation as a way to bolster domestic production.

Since 2020 Chinese semiconductor companies have received a record number of investments from US investors. The Federal Government is beginning to take a more critical view of these investments as supply chain shortages persist throughout the industry.

The pandemic was a shock to the complex supply chains created by just in time manufacturing. CEO’s across industries have begun focusing on shortening supply chains in exchange for greater flexibility and versatility, even at the expense of increased costs.

A group of former Canadian politicians have united to form a nonpartisan organization to advocate for supply chain modernization.

This article highlights key takeaways from a recent UBS report on the state of semiconductor manufacturing. The report highlights a “sea change” on how companies view the supply chain and how this could “accelerate the reshoring trend that has been a focus since the disruptive events of COVID-19 and the US China trade dispute”.

American based Cobra Golf Company has begun using Metal Jet Fusion to print stainless steel putters. This new process has created quick turnaround times from design to production. This combination of software and 3D metal printing could provide tremendous benefit for future onshore manufacturers.