US Manufacturing Boom Is About More Than EVs, Chips

To build things in America, industrial companies have to establish a supply ecosystem. Projects like Schneider Electric's $85 million expansion in Tennessee start to add up.

A robot moves around a Schneider Electric plant in France in 2019. The company this week announced it’s investing $85 million to expand its manufacturing capacity for switchgear and power-distribution products in Tennessee. 

Photographer: CHARLY TRIBALLEAU/AFP via Getty Images

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Some four years after the pandemic supply-chain disruptions sparked calls for a US reshoring boom, there’s still little consensus about what a reshoring boom actually looks like.