MISUMI Americas published The Rise of U.S. Manufacturing report on July 21, 2026, compiling government and industry statistics that show sustained growth in domestic production capacity. The document arrives as manufacturers confront a demographic cliff and policy-driven investment surge simultaneously.
U.S. manufacturing value added reached a record $2.91 trillion in 2024. Factory construction spending hit $235.6 billion that year before easing to roughly $196 billion by January 2026, according to U.S. Census Bureau figures cited in the report.
Foreign companies have committed $2.42 trillion to U.S. manufacturing, making the sector the largest recipient of foreign direct investment at more than 42 percent of the national total. Japan alone accounts for over $819 billion of that inflow.
The Reshoring Initiative reports that reshoring and FDI have generated more than 2 million jobs since 2010, with 88 percent of 2024 announcements concentrated in semiconductors, electronics, and EVs. Approximately 1.7 million of those positions have already been filled.
Labor demand remains the binding constraint. The Manufacturing Institute and Deloitte project the industry will require 3.8 million additional workers by 2033, of which 1.9 million could remain unfilled. More than 65 percent of manufacturers identify talent attraction and retention as their top business challenge.
Vocational community college enrollment has risen 20 percent since spring 2020, yet total undergraduate certificate programs still enroll fewer than 1 million students nationwide. MISUMI Americas therefore voiced support for legislation that would finance specialized overseas training for U.S. workers.
Dave Evans, president and CEO of MISUMI Americas and CEO of Fictiv, stated that capital is no longer the primary bottleneck. The next constraint, he said, is having enough people with advanced skills to operate the new facilities.
For automation suppliers and integrators, the report underscores that record factory construction will translate into demand only if workforce pipelines keep pace. Semiconductor fabs and EV battery plants funded by the CHIPS Act and Inflation Reduction Act are the clearest near-term deployment sites.
The data also show that the ISM PMI reached 54 in May 2026, its strongest reading since 2022, indicating continued expansion momentum despite labor headwinds.
MISUMI Americas positions the report as evidence that policy support for skills development must match the scale of announced capital projects if reshoring gains are to be realized at full capacity.