American manufacturing is staging a comeback. More and more companies are building new facilities stateside -- or expanding existing ones.
The biggest headwind? Companies are struggling to fill key positions on -- and off -- the factory floor.
Fortunately, there are three simple ways manufacturers can bring the talent they need on board. First, they need to sell potential workers on their enterprises while they're still in school and thinking about what comes next. Second, they need to make opportunity for advancement a priority. And third, they need to design a workplace that appeals to blue-collar and white-collar workers alike.
America is now home to nearly 400,000 manufacturing facilities, an increase of 11% since 2019. E-commerce, which makes up one-fifth of all retail sales, continues to grow and requires three times more industrial space than brick-and-mortar retail. Sixty-five percent of companies began strategically stockpiling inventory to prevent another supply chain disruption.
All this means that people looking for employment in manufacturing will not want for opportunity.
Deloitte estimates that American manufacturers will have 3.8 million new jobs to fill in the next decade. They're........